Greetings Investors!
Here are the stocks in news for today morning.
The company board has approved a 1:1 bonus issue of shares. It also recommended increasing the authorized share capital from Rs 15,000 cr to Rs 50,000 cr.
Commissioned Marathwada Rail Coach Factory (MRCF) at Latur, Maharashtra. The factory will build and maintain 1,920 Vande Bharat sleeper coaches for 35 years.
Will pay $25 million over 5 years to settle a drug pricing dispute case with the US Department of Justice.
Raised around Rs 5,000 cr through a QIP (qualified institutional placement) issue.
Will acquire Tata Steel’s industrial gas supply assets (2 air separation units).
Has received approval from the US health regulator to market a generic drug used to treat infections caused by worms.