Check out the companies which will be in focus during trade today based on recent and latest news developments.
Tata Chemicals Ltd: The company has dropped the plan to sell its fertilizer business, as no major buyer has shown interest in the price that the company was quoting, reports a business daily.
Ujaas Energy: The company has bagged EPC order of 10 MW Canal Bank Grid Connected Solar Photovoltaic Power Plant at Vadodara, Gujarat and its operations and maintenance for 25 years as issued by Sardar Sarovar Narmada Nigam. The approximate amount of the work is around Rs. 91.78 crore.
Scooters India: Scooters India, of which 93.74% stake is owned by government, has decided to sell the company, and will chart out a plan in the coming week, as per media reports.
Surana Telecom and Power Ltd: The company has informed BSE that Aryavaan Renewable Energy Private Limited a Subsidiary of the Company has entered into Power Purchase Agreement (PPA) for supply of 5MW Solar Power with Uttar Pradesh Power Corporation Limited (UPPCL), Lucknow.
Reliance Infra: As many as six investors, including private equity (PE) firms and cement companies have bid for Reliance Infrastructure’s 5.6-million-tonne capacity cement assets, reports a business daily.
TCS: Tata Consultancy Services has been recognised as a “Leader” and “Star Performer” in Life Sciences Outsourcing by leading consulting and research firm, Everest Group, in its report, “IT Outsourcing in European Life Sciences Industry Service Provider Landscape with PEAK Matrix Assessment 2015.”
Azure Power: The company has announced that the company signed 150 MW of solar power implementation agreement with the Punjab Energy Agency under the State’s Solar Policy Phase III.
Tech Mahindra Ltd: The company has announced the launch of its 'Sarai Rozgar' service for Southeast Asia and Middle East countries. As part of the initiative, the Company has introduced job cards of Rs.500 for international markets and Rs.100 for domestic market.
SeQuent Scientific Limited: The company announced that Alivira Animal Health Limited ("Alivira"), its subsidiary, has forayed into the European Veterinary Pharmaceutical markets through acquisition of three companies - N-Vet AB, Fendigo SA & Fendigo BV.
Cipla: Cipla, a global pharmaceutical company announced today that it has launched a novel 5-in-1 anti-ageing skin care product Cutisera developed by Stempeutics.
Titan: Titan has decided to start the retail operation of its joint venture with global luxury brand Montblanc International, the company informed BSE on Thursday.
Dena Bank: The bank has received board approval to dilute government stake to 52 per cent from the current 65 per cent. The bank will now approach the government to obtain necessary approval.
Shree Cement Ltd: The company has announced that it is planning to buy Bhilai Jaypee Cement, as per media reports.
Ajanta Pharma: The pharma company has launched its generic Montelukast Sodium tablets used for treatment of asthma and seasonal allergies in the American market.
Gayatri Projects: The company has redeemed the third and final tranche of its debentures, including interest and principal on the maturity date December 1, 2015. These NCDs were issued in the year 2010-11. The value of this tranche amounted to Rs. 2,080 lakh.
Gravita India Ltd: The company has announced that it has acquired 8.38 acres land In Chittoor, Andhra Pradesh for expansion.
Salzer Electronics Limited: Salzer Electronics, a leading manufacturer of Electrical, Electronics & Allied in India has got listed on the National Stock Exchange. This came in to effect from December 2nd, 2015.
Cosmo Films: The stock could see action as it considers raising funds through Qualified Institutional Placement of equity shares.
GMR Infrastructure: Gmr Infrastructure will mull fund raising today.
Nestle India: The FMCG company could see some interest as it considers a second Interim Dividend.
Radha Madhav Corp: The company will look at issue of warrants and equity shares on preferential basis to the promoters.
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