Wednesday 20 August 2014

Stock in news

GCPL: 

     FMGC major Godrej Consumer Products Ltd (GCPL) is looking at a double digit growth this fiscal on the back of uptake in urban demand amid positive sentiments in the market. 

Deepak Fertilizers: 

     Competition Commission has approved Deepak Fertilizers' proposed additional stake buy in Vijay Mallya group firm Mangalore Chemicals and Fertilizers. 

Venus Remedies: 

     Pharma major Venus Remedies has secured its first marketing authorisation in Switzerland from Swiss drug authority 'Swissmedic' for its oncology drug 'Gemcitabine'. 

Dr Reddy's Laboratories Ltd:

      Drugmaker Dr Reddy's Laboratories has come under the scanner of Department of Justice of USA for alleged violations of some provisions of Consumer Product Safety Act involving child resistant packaging regulations.

ZEE Entertainment & United Spirits: 

     Zee Entertainment will soon be a part of the 50-share benchmark Nifty index after replacing United Spirits, which was first included in the index earlier this year in March. 

Jindal SAW Ltd: 

     Jindal Saw announced that Jindal Tubular USA LLC, an entity incorporated in the US and step down subsidiary of the Company (it is wholly owned by S V Trading, Navis which in turn is a wholly owned subsidiary of the Company), had entered into an asset purchase agreement on 16 June 2014 with PSL-North America LLC for the acquisition of identified assets and liabilities of PSL-North America LLC. 


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