Lupin, RIL, Jet Airways, among 19 Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments.

RIL, ONGC: Reliance Industries has challenged the jurisdiction of a panel examining Oil and Natural Gas Corp's (ONGC) allegations that it pumped out gas from the state-run firm's field, according to reports.

Bajaj Auto Ltd: The company plans to enter 12 new export markets by end of March, according to reports.

Lupin Ltd: The pharma company announced that its US subsidiary Lupin Pharmaceutical Inc. has launched its Tri-Lo-Marzia Tablets having received approval from the USFDA to market a generic equivalent of Janssen Pharmaceuticals Inc.  Ortho Tri-Cyclen Lo Tablets.

Jet Airways: Jet Airways may move the Bombay High Court to seek approval for convening shareholders meet on the merger of subsidiary JetLite with the parent company, according to reports.

NBCC: National Buildings Construction Corporation Ltd has informed BSE that is secured total business amounting to Rs. 8523 crore (approximately) in December, 2015.

ICICI Bank: ICICI Bank will be spending INR 200 crore on social sector projects in the current fiscal year and meet the mandatory 2% CSR spend norms, CEO Chanda Kochhar said on Wednesday.

JSPL: Jindal Steel & Power Ltd’s step-down subsidiary in Australia, Wollongong Coal Ltd., will recommence operations at one of its mines in New South Wales soon, reports a business daily.

Kalpataru Power Transmission:  The company has acquired 100% equity share capital of an SPV Company Alopurduar Transmission Ltd (ATL).

McNally Bharat Engineering: McNally Bharat Engineering Company Ltd has announced that the Company has signed a Memorandum of Understanding with NIPPO India Pvt Ltd (NIPPO), a 100% subsidiary of NIPPO Corporation, Japan to jointly work on Road Construction Projects in India.

Bank of India: The bank has allotted 2 Crore equity Shares to Life Insurance Corporation of India on Preferential basis on January 05, 2016 at the price of Rs. 132.06 per share.

Deepak Nitrite: The company has raised Rs. 83.30 crore from institutional investors through private placement of shares.

Corporation Bank: The bank said it will buy 4% stake in LIC Nomura Mutual Fund Asset Management Company from existing shareholders for Rs. 5.67 crore. 

Glenmark Pharmaceuticals said that it has received tentative US regulator's tentative approval for its Dronedarone tablets 400 mg, the generic version of Multaq tablets of Sanofi-Aventis US LLC.

Larsen & Toubro: L&T said its construction arm has bagged contracts worth Rs 2,871 crore across businesses in both domestic and international markets.

Transwarranty Finance: The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) and Non Resident Indians (NRIs) can now invest up to 100 per cent and 24 per cent respectively of the paid up capital of Transwarranty Finance Limited under the Portfolio Investment Scheme (PIS).

Technofab Engineering Ltd: The company has informed BSE that a meeting of the Board of Directors of the Company will be held on January 20, 2016, inter alia, to consider and approve the proposal of fund raising by way of qualified institutional placement.

Cipla: Drug major Cipla has inked a pact with US-based BioQ Pharma for registration and commercialisation of the American company's Ropivacaine infusion system, used in treating post-operative pain, in India.

Vedanta: Metals and mining conglomerate Vedanta Ltd appointed Samir Cairae as CEO of the Metals division in India.