CAPITALSTARS
TOP CORPORATE NEWS
Adani Ports, Asian Paints gain on inclusion in BSE Sensex
Adani
Ports and Special Economic Zone, Asian Paints surged nearly 3%, on reports that
the scrips would be added in the 30-share S&P BSE Sensex index with effect
from December 21.
Kotak Mahindra Bank gets IRDAI nod
Kotak
Mahindra General Insurance Company (Kotak General Insurance) has got IRDAI
approval to commence business as an insurance company. It has received
permission to underwrite all classes of general insurance business.
Advanta to merge with UPL
Global
generic crop protection, chemicals and seeds company, UPL (formerly known as
United Phosphorous) said board members on Monday have approved amalgamation of
Advanta with itself.
Aurobindo gains after USFDA approval
Aurobindo
Pharma rose over 2%, touching to Rs850, after the company said that it has
received final approval from the United States Food and Drug Administration to
manufacture and market Sildenafil Tablets, 20 mg.
Britannia eyes Rs20,000 crore turnover in 5-6 years
Britannia
Industries is embarking on a new growth path of becoming a total food company,
aiming at Rs20,000 crore turnover within 5-6 years.
As
part of the strategy the company will finalize in the next six months its plans
to expand in dairy segment besides introducing new variants of its value
segment biscuit brand Tiger.
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