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Stocks in the news

EIH: Board approved raising up to Rs 350 crore via right issue

Amber Enterprises India: Board approved QIP issue on September 7 at a floor price of Rs 1,798.72 per share.

Rushil Decor has fixed September 11 as record date to receive Rights Entitlement in the rights issue.

Orissa Minerals Development Company: LIC cut its stake in the company to 11.16 percent from 13.2 percent earlier.

Dr Reddy's Laboratories launched Fulvestrant injection in the US market.

McNally Bharat Engineering Company: Q1 loss at Rs 30.67 crore versus a loss of Rs 32.58 crore, revenue at Rs 104.95 crore versus Rs 222 crore YoY.

Parag Milk Foods: Q1 profit at Rs 3.23 crore versus Rs 27.5 crore, revenue at Rs 435.6 crore versus Rs 629.74 crore YoY.

SBI plans to recruit more than 14,000 people this year.