Stocks in News 13-05-2022 :
1) Baba Arts Limited (Company is venturing into the music business. The company has already racordsd over 100+ songsand has rnanv more songsunder recording and production)
2)Confidence Petroleum (The board considered the proposal of Fund Raising through Issue of Shares /Share Warrants on the basis of preferential allotment in accordance with the provision of Companies Act)
3)Kesoram Industries Ltd (Approved the Scheme of Arrangement between Kesoram Industries Limited, its wholly owned subsidiary Cygnet Industries Limited and their respective shareholders as recommended by the Committee of Independent Director and Audit Committee)
4)V-Guard ( the Company has made further investment to the extent of
Rs 29.89 crs in V-Guard Consumer Products Limited (VCPL), the Wholly Owned Subsidiary incorporated on July 19, 2021 and has allotted 2,98,98,757 equity shares of Rs.10/ each. The total amount of investment made till date of this disclosure is Rs:89,69,62,640/-)
5)Matrimony.com (The board has approved the buyback of equity shares in tender basis at price not exceeding Rs:1150/-)
6)TCS (Among Top 3 Insurance Service Providers: HFS Research)
7)RattanIndia Enterprises (Company backed Revolt Motors sets to open its 2 new Stores in South India)
8)Saksoft(Board Meeting on May 26th To Consider and approve the split of the Face Value of Shares from Rs 10/- to Re 1/- per share)
9)Wipro (Scania partners with Wipro to transform the digital workplace &
Wipro Named an Industry Leader in ER&D for the 12th Consecutive
Year by Zinnov)
10)Elgi Equipments Limited(Company has entered into a share purchase and shareholders agreement with First Energy Private Limited for acquisition of 7.8% of paid up share capital in First Energy TN 1 Private Limited)
11)Cipla (gets tentative US FDA nod for Ritonavir tablets.
Ritonavir Tablet is used to control HIV infection)
12)Sun Pharma (The company received final approval from US FDA for its Abbreviated New Drug Application for generic Mesalamine extended release capsules)
13)Indiabulls Housing Finance (Raised reference rates on housing loans and loans against property by 40 basis points. The new rates will be applicable for existing borrowers from June 1)
14)NHPC/Adani Infra/Tata Power (NHPC issued contracts worth Rs 6,604.42 crore for development of grid-connected solar PV projects of 1,000 MW capacity and transmission line for power evacuation. - Adani Infra was awarded contract for 600 MW capacity worth Rs 4,295 crore in Gujarat. - Tata Power Solar Systems received 300 MW capacity contract worth Rs 1,732 crore in Rajasthan. - SSEL-ASR JV got contract for 100 MW capacity in Andhra Pradesh for Rs 577 crore)
15)Zydus Life Sciences (launches Bemdac in India which is used to treat uncontrolled LDL-Cholesterol)