Stocks in News

GE Shipping Ltd:

     Country's largest private shipping company Great Eastern shipping said its arm has incorporated a new wholly-owned subsidiary Greatship Oilfield Services Ltd.

Mangalore Refinery and Petrochemicals Ltd:

     MRPL said it will take over a USD 1 billion petrochemicals plant adjacent to its refinery in Karnataka in an all share deal.

Cipla Ltd:

     Drug maker Cipla Ltd will move its consumer healthcare business into a separate unite to sharpen its focus on the segment and boost sales, Cipla approved the divestment of its consumer healthcare business to a wholly owned subsidiary for a consideration of Rs. 10.5 crore.