INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Nifty futures on the Singapore Exchange were trading 67.50 points, or 0.62 per cent, higher at 10,977.50, indicating a
gap-upstart for the Nifty50
Dairy for about Rs 400 crore
The board did not see it as significant enough to scale up the business in the challenging dairy sector.
State Bank of India: SBI has put up
for sale three of its non-performing loan accounts to recover dues worth Rs 2,110.7 crore
Industries.
Laurus Labs: Hyderabad-based pharma company said it has launched a new HIV drug with the triple combination of Tenofovir
Disoproxil Fumarate, Lamivudine and Dolutegravir (TLD) in South Africa.
Cadila Healthcare: Drug firm Zydus Cadila said that it has received
an approval from the US health regulator to market Teriflunomide tablets, used to treat relapsing forms of multiple sclerosis (MS).
Shree
Cement: Kolkata-based Shree Cement will invest around Rs 1,000 crore to set up two grinding units - one each in Jharkhand and Odisha - in
the next one year with an eye on enhancing presence in east India, according a top company official
Jet Airways: Jet Airways is rationalising its international network trimming unviable flights and adding new ones where it hopes to make
money, as the cash strapped carrier makes efforts to itself turn around while simultaneously seeking a cash infusion to keep itself
afloat.
Bank of Maharashtra: State-owned Bank of Maharashtra announced that A S Rajeev has joined the lender as its Managing Director Chief
Executive Officer.
Biocon: Biosimilar Pegfilgrastim co-developed by Biocon has received approval in EU
Mahindra Mahindra: The company reported 16 per cent increase in total sales at 45,101 units in November.The company had sold 38,570 units
in the same month last year, Mahindra Mahindra said in a statement.
Maruti Suzuki: The country's largest car maker Maruti Suzuki India on
Saturday reported marginal decline in sales at 1,53,539 units for the month of November.The company had sold 1,54,600 units in November last
year, Maruti Suzuki India (MSI) said in a statement.
Tata Motors: Tata Motors Saturday reported 3.8 per cent decline in domestic sales to
50,470 units in November as compared to 52,464 in the same month last year.
Hero MotoCorp: The country's largest two-wheeler maker Hero
MotoCorp reported a marginal increase in its sales to 6,10,252 units in November.The company had sold 6,05,270 units in November 2017, Hero
MotoCorp said in a statement.
NHPC: State-owned hydro power giant NHPC Sunday said it has entered into agreement with the country's
largest lender State Bank of India for a term-loan of Rs 500 crore.
ICICI Securities: The brokerage has been selected to advise the Finance
Ministry on two merger and acquisition (MA) deals, an official said.
Bharti Airtel: The telecom major is preparing for a bigger enterprise
infrastructure to global players like Microsoft and app makers, among others.
