Tuesday, 29 December 2015

Corporate News Update

CAPITALSTARS

 DAILY CORPORATE NEWS


HDFC Bank cuts base rate by 0.05%, effective January 4
HDFC Bank today slashed it base rate by 5 basis points to bring it down to 9.30 percent from the 9.35 percent earlier effective January 4, 2016. The bank has earlier cut rates in August by 0.35 percent. 

SREI jumps 19%, BNP Paribas to pick up 5% stake in com
Shares of Srei Infrastructure Finance (SREI) rallied nearly 19 percent intraday Tuesday to hit a 52-week high of Rs 61.40 as BNP Paribas Lease Group (BPLG) will acquire 5 percent stake in the company.

Citigroup raises stake in L&T Finance to 7.56%
Citigroup raises stake in L&T Finance to 7.56% from 5.74% for about Rs208 crore
L&T Finance opened at Rs65.95 marking days low at Rs65.75 and hit an intraday high of Rs66.40 on NSE so far.

Lupin receives approval for FyavolvTM Tablets
Pharma Major, Lupin has said that it has received final approval for its FyavolvTM Tablets (Norethindrone Acetate and Ethinyl Estradiol Tablets USP, 0.5 mg/0.0025 mg and 1 mg/0.005 mg) from the United States Food and Drug Administration (USFDA) to market a generic version of Warner Chilcott's Femhrt® Tablets (Norethindrone Acetate and Ethinyl Estradiol Tablets USP, 0.5 mg/0.0025 mg and 1 mg/0.005 mg).

RBI sets rupee reference rate at 66.3700 against dollar
The Reserve Bank of India today fixed the reference rate of the rupee at 66.3700 against the US dollar and 72.8477 for the euro.
These rates were 66.1380 and 72.5534, respectively, yesterday.

Related Posts:

  • Corporate News Update CAPITALSTARS  DAILY CORPORATE NEWS Havells to divest stake in Sylvania; stk up Havells India gained over 8%, touching to Rs306, after the company said its wholly owned subsidiary, Havells Holdings, proposes to di… Read More
  • Corporate News Update CAPITALSTARS  DAILY CORPORATE NEWS ITC falls after committee recommends steep 40% GST on tobacco products Shares of ITC slipped over 3%, touching to Rs324.1, after a committee recommended sin/demerit rate at ab… Read More
  • Capitalstars Corporate News Update CAPITALSTARS  DAILY CORPORATE NEWS Just Dial falls on brokerage downgrade Just Dial dipped nearly 6%, touching to Rs863, on reports that Goldman Sachs has downgraded the stock to 'sell'. Ajanta Pharma launches ge… Read More
  • Corporate News Update CAPITALSTARS  DAILY CORPORATE NEWS Havells plans to divest majority stake in Sylvania Havells plans to divest majority stake in Sylvania, as per media reports. As per media reports Havells may divest its majorit… Read More
  • Corporate News Update CAPITALSTARS  DAILY CORPORATE NEWS RBI sets rupee reference rate at 66.7983 against dollar Reserve Bank of India (RBI) today fixed the reference rate of the rupee at 66.7983 against the US dollar and 72.5162 for… Read More

0 comments:

Post a Comment

Blog Archive

Powered by Blogger.