Stock Corner
1.
Maruti
Suzuki India is planning to double the sale of its light and commercial
vehicles (LCV) during the current fiscal year, media reports said citing a top
executive of the company on Tuesday. Maruti has sold around 10,000 units of the LCV in 2017-18 and aims
to increase it to 20,000 units for FY19.
2.
With a
reference to a media report, which said that Ministry of Corporate Affairs has
investigated the company on suspicion of siphoning funds, Jet Airways clarified
that it has not received communication from the government in this regard.
3.
Dilip
Buildcon has bagged a work order worth Rs247.06cr today for the Bhopal Metro
rail project, Phase -I after emerging as the L-1 bidder. The order has been
awarded by the Urban Administration and Development Department Madhya Pradesh
Metro Rail, Bhopal (MP). The work
includes design and construction of the elevated viaduct, of 6.2km length
between AIIMS and Subhash Nagar, excluding stations and including entry and
exit to depot for Bhopal Metro Rail Project Phase-l. This is for a construction
period of 27 months.
4.
Shares of
FDC were trading 4% down during the morning trade session on Tuesday after the
USFDA issued a form 483, with eight observations for its Waluj sterile
ophthalmic manufacturing facility at Aurangabad in Maharashtra.
5.
Reliance
Infrastructure’s Anil Ambani denied the allegations put by Rahul Gandhi on the
establishment of Reliance Defence.
Missed call
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