Monday 27 August 2018

NEWS MARKET CORNER

NEWS CORNER

1.     Britannia Industries’ board of directors have granted an approval for stock split in the ratio of 1:2.


2.     Hexaware Technologies’ promoters look to raise Rs1,120cr via 2.5-cr shares sale at a floor price of Rs 447.5 apiece.
3.     Reliance Industries to load 80,000 tonne of vacuum gas oil at Sikka, with estimated arrival date of Aug 25.
4.     Aban Offshore’s board of director seeks an approval of shareholders to raise $400mn from foreign markets via debt or equity and to raise Rs2,500cr via qualified institutional placement.
5.     Share price of Cadila Healthcare rose 3 percent intraday Friday after USFDA has completed the inspection at its Ahmedabad unit. The USFDA (US Food & Drug Administration) inspected company's Biologics manufacturing facility (Zydus Biologics) located at the Zydus Biotech Park in Ahmedabad, from August 14 to 24.
6.     Ashok Leyland bagged an order from Bangladesh Road Transport Corporation for supply of 300 Ashok Leyland buses.


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