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DAILY 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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