NEWS CORNER
1.
Shares of ITC hit a fresh 52-week
high in early morning trade, extending gains of the past 4 weeks after the
company’s June quarter net profit beat the Street estimates.
2.
Shares of pharmaceutical
companies in focus with Nifty Pharma index was trading higher for the fourth
straight day, hitting an over six-month high on the National Stock Exchange
(NSE).
3.
Gati clarified that Allcargo
Logistics’ buyout plan has not been finalised, management is still evaluating
opportunities.
4.
AstraZeneca Pharma India has said
that it has received Import and Market permission in Form 45 (Marketing
Authorization) from the Drugs Controller General of India (DCGI) for Lynparza
100mg/150mg - Olaparib tablets 100mg/150mg.
5.
TCS signed new agreement for
digital transformation with Scotland based Improvement Service.
6.
Bank of India has put up 50 non
performing accounts with Rs5,557cr outstanding for sale.
7.
Maruti Suzuki has hiked car
prices by up to Rs6,100 (ex-showroom Delhi) effective August 16.
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