Friday 15 June 2018

Stock Market Corner

Stock Corner

1.                   ICICI Bank to sell up to 2.87cr shares or 2% equity in ICICI Prudential Life Insurance through stock exchange mechanism.


2.                   Adani Transmission has received a letter of intent of one Intra State Transmission Project in Uttar Pradesh.
3.                   Lupin launches Generic Tobramycin Inhalation Solution USP in the US. It is used to treat lung infections.
4.                   Cipla received final USFDA approval for generic Isuprel injection.
5.                   Sun Pharma has received an establishment inspection report (EIR) for its Halol unit from USFDA.
6.                   Hong Kong regulator increases supervision on Allahabad Bank branch.
7.                   Bharat Forge acquires 35.26% stake in UK’s Tevva Motors for £10million.
8.                   PNB board meeting on June 15 to consider proposal for issuance of up to 10crore equity shares to its employee under ESOPs.
9.                   Wipro and Opera Solutions launch solution to detect and address fraud and waste in US Healthcare Insurance claims.

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