Stocks in News

Aarti Drugs Ltd: 

     The company, which has strong presence in the anti-diarrhoea and anti-inflammatory segments, is rewarding its shareholders with a 1:1 bonus issue of shares. However, investors buying the shares from Tuesday will not receive the bonus shares.

GMR Infrastructure Ltd: 

     The company told bourses Monday that its parent GMR Holdings Private has tied up Rs 1,250 crore to subscribe to shares of the former in the rights issue that opens Tuesday. 

Shreyas Shipping and Logistics Ltd: 

     A part of global conglomerate Transworld Group, said it plans to acquire four vessels by 2017. Shreyas Shipping and Logistics claims to be India's first container feeder owning and operating company. It currently owns and operates a fleet of six vessels trading on the Indian coast. 

Dr Reddy's Laboratories Ltd: 

     The pharma major entered into an agreement with Hetero to distribute and market generic version of US-firm Gilead Sciences' Hepatitis C drug under the brand 'Resof' in India. 

SpiceJet: 

     Budget carrier said it has resolved a legal dispute over aircraft rentals with one of its lessors, which will now allow the airline to retain three Boeing 737-800s in its fleet that has seen substantial reduction due to the financial crisis last year. 

Coal India Ltd: 

     The government today is believed to have alloted the three cancelled coal blocks, for which JSPL and Balco had emerged as the highest bidders in the recently concluded auctions, to state-owned miner CIL.