SBI: The board of State Bank of India Ltd cleared the proposed merger of five associate banks and Bharatiya Mahila Bank with itself, taking one step closer to creating the first Indian lender to rank among the world’s top 50.
Shipping Corporation of India: The company's net profit slipped 72.56% to Rs.55.91 crore for the quarter ended on June 30, 2016, compared to the same period last year. The company had posted a net profit of Rs.203.78 crore for the quarter ended June 30, 2015.
Bharti Airtel: Singapore Telecommunications said that it has signed a conditional share purchase agreement with Temasek Holdings to acquire 7.39% stake in Bharti Telecom Ltd, holding company of India’s largest telco Bharti Airtel Ltd, and 21% in Thailand’s Intouch Holdings public Co. Ltd for a total of $1.8 billion.
Fortis Healthcare: The company is expected to announce demerger details of SRL Diagnostics into a separate entity on August 19.
Claris Lifesciences: Claris Lifesciences will announce its Q1 numbers today.
NHPC: The company will start commercial operations from the 40-MW unit beginning Friday. The power generated from the unit will be supplied to West Bengal State Electricity Distribution Co.
RIL: The government has imposed an additional penalty of $380 million (around Rs 2,500 crore) on Reliance Industries and its partners for producing less than targeted natural gas from eastern offshore KG-D6 fields.
India Cements: The company reported 16% jump in its net profit at Rs.44 crore for the April-June quarter. India Cements had reported a net profit of Rs.38 crore on sales of Rs.1,221 crore in the corresponding quarter of last fiscal.
Dilip Buildcon: The company said it has bagged Rs.2,016 crore road project in Uttar Pradesh.
Apollo Tyres: The company has initiated talks with two-wheeler manufacturers in India to supply tyres as part of its plans to expand business in the new segment where it is currently present only in after sales market.
Indiabulls Housing Finance Ltd: The Company proposes to issue upto 7,000 Secured Non-Convertible Redeemable Debentures with a face value of Rs.10 lakh each aggregating to upto Rs.700 Crores (Plus Greenshoe Option, if any), on Private Placement basis.
Tata Consultancy Services Ltd: The company said it was extending its contract with US airline JetBlue and will expand its innovation centre in Pune to support the airline's digital initiatives.
Oberoi Realty: The company will announce its Q1 numbers today.
Zydus Cadila: Roche has sued Zydus Cadila and India's central drug regulator at the Delhi High Court over the approval and launch of breast cancer drug Vivitra (trastuzumab), as per media report.
Shipping Corporation of India: The company's net profit slipped 72.56% to Rs.55.91 crore for the quarter ended on June 30, 2016, compared to the same period last year. The company had posted a net profit of Rs.203.78 crore for the quarter ended June 30, 2015.
Bharti Airtel: Singapore Telecommunications said that it has signed a conditional share purchase agreement with Temasek Holdings to acquire 7.39% stake in Bharti Telecom Ltd, holding company of India’s largest telco Bharti Airtel Ltd, and 21% in Thailand’s Intouch Holdings public Co. Ltd for a total of $1.8 billion.
Fortis Healthcare: The company is expected to announce demerger details of SRL Diagnostics into a separate entity on August 19.
Claris Lifesciences: Claris Lifesciences will announce its Q1 numbers today.
NHPC: The company will start commercial operations from the 40-MW unit beginning Friday. The power generated from the unit will be supplied to West Bengal State Electricity Distribution Co.
RIL: The government has imposed an additional penalty of $380 million (around Rs 2,500 crore) on Reliance Industries and its partners for producing less than targeted natural gas from eastern offshore KG-D6 fields.
India Cements: The company reported 16% jump in its net profit at Rs.44 crore for the April-June quarter. India Cements had reported a net profit of Rs.38 crore on sales of Rs.1,221 crore in the corresponding quarter of last fiscal.
Dilip Buildcon: The company said it has bagged Rs.2,016 crore road project in Uttar Pradesh.
Apollo Tyres: The company has initiated talks with two-wheeler manufacturers in India to supply tyres as part of its plans to expand business in the new segment where it is currently present only in after sales market.
Indiabulls Housing Finance Ltd: The Company proposes to issue upto 7,000 Secured Non-Convertible Redeemable Debentures with a face value of Rs.10 lakh each aggregating to upto Rs.700 Crores (Plus Greenshoe Option, if any), on Private Placement basis.
Tata Consultancy Services Ltd: The company said it was extending its contract with US airline JetBlue and will expand its innovation centre in Pune to support the airline's digital initiatives.
Oberoi Realty: The company will announce its Q1 numbers today.
Zydus Cadila: Roche has sued Zydus Cadila and India's central drug regulator at the Delhi High Court over the approval and launch of breast cancer drug Vivitra (trastuzumab), as per media report.
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