LIVE MARKET TRACKER :   BSE SENSEX        |    NSE NIFTY    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Top News  :  RIL, Sun Pharma and Quess Corp to see some action today

RIL, Sun Pharma and Quess Corp to see some action today (18-May-2018)

Reliance Industries' (RIL) telecom arm - Reliance Jio Infocomm (Jio) has entered into exclusive partnership for the Indian market with Screenz, the most powerful platform for entertainment-based interactivity used by world's top broadcasters and format owners. With this exclusive partnership, Jio Screenz will become the largest platform and one of the only integrated providers of entertainment-based gamification in India.

Sun Pharmaceutical Industries through one of its wholly owned subsidiaries has launched in US, the Authorized Generic (AG) version for Daiichi Sankyo Inc.'s Welchol (colesevelam hydrochloride) 625mg tablets. Welchol Tablets recorded US sales of approximately $520 million for the 12 months ending March 2018, as per IQVIA.

Quess Corp has received approval for further investments in two entities, through its wholly owned subsidiary - Quesscorp Holdings, Singapore. The board of directors at its meeting held on May 17, 2018 has approved for the same. The company has received approval to acquire 36% equity in Comtel Solutions, Singapore with an investment of up to SGD 22 million and acquisition of 49% equity in ComtelPro, Singapore with an investment of up to SGD 500,000.

Godrej Agrovet's subsidiary - Creamline Dairy Products (CDPL), as a part of its expansion plans, intends to invest Rs 400 crore in three greenfield milk processing plants in Tamil Nadu, North Karnataka and Maharashtra over the period of next three years. CDPL had recently acquired a processing plant in Tirunelveli, Tamil Nadu and is in the process of setting up another plant in Vishakhapatnam.

Titagarh Wagons has reiterated its commitment towards the Government's vision of 'Make in India', by successfully launching the first of the four vessels being built for Indian Navy and Ministry of Earth Sciences respectively. On May 09, 2017, Titagarh had successfully started the construction of two 1000T fuel barges for Indian Navy and two Coastal Research Vessels for National Institute of Ocean Technology at their Titagarh Shipyard at B.T. Road near Kolkata.

Praj Industries has received a Letter of Acceptance (LoA) from Indian Oil Corporation (IOCL) for their upcoming 2nd generation biorefinery project located in Panipat, Haryana. This project will have the production capacity of 100 kilo liter per day of ethanol from biomass such as rice straw. Praj's scope for the said project comprises license of proprietary technology, design package and project management services (EPCM) for a value of Rs 38.7 crore. This is further to the MOU entered between Praj and IOCL in September 2016.

Reliance Power has transferred its entire holding of 1,49,900 Equity Shares of Rs 10 each, aggregating to Rs 14,99,000 held in Jharkhand Integrated Power, a Special Purpose Vehicle (SPV) created for development of Tilaiya UMPP, to Jharkhand Urja Vikas Nigam, the Lead Procurer, acting on behalf of Procurers of Tilaiya UMPP. The consideration received from this sale is Rs 112.64 crore.



Top News Today
MTNL investing Rs 190 crore to upgrade services
(21-May-2018)

MTNL investing Rs 190 crore to upgrade servicesMahanagar Telephone Nigam (MTNL) is investing Rs 190 crore to upgrade its services and may also get 4G spectrum, which will support the company to stay relevant in the highly competitive market.MTNL was......click on news to read complete article.

RIL gets environmental clearance for expansion project in Maharashtra
(21-May-2018)

RIL gets environmental clearance for expansion project in MaharashtraReliance Industries (RIL) has received environment clearance for the expansion and optimisation of its petrochemical complex at Nagothane in Raigad district of Maharashtra at an estimated cost of Rs 2,338......click on news to read complete article.

L&T's arm bags two orders from HURL
(21-May-2018)

L&TLarsen & Toubro's (L&T's) wholly owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) in consortium with TechnipFMC has won two significant orders from Hindustan Urvarak and Rasayan......click on news to read complete article.

International Stock News
Asian markets trade firm as US-China trade tensions ease
(21-May-2018)

Asian markets trade firm as US-China trade tensions easeAsian markets are trading mostly in green in early deals on Monday, after fears of a trade war between the U.S. and China receded following weekend developments. U.S. Treasury Secretary Steve Mnuchin said......click on news to read complete article.

US markets closed mostly lower; Dow ekes minor gain
(19-May-2018)

US markets closed mostly lower; Dow ekes minor gainThe US markets closed lower on Friday, with major indexes posting modest weekly declines as investors grappled with lingering uncertainty over trade negotiations between the US and China, as well as bond......click on news to read complete article.

US markets closed mostly lower; Dow ekes minor gain
(19-May-2018)

US markets closed mostly lower; Dow ekes minor gainThe US markets closed lower on Friday, with major indexes posting modest weekly declines as investors grappled with lingering uncertainty over trade negotiations between the US and China, as well as bond......click on news to read complete article.

 

     
  
Recent Top News News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.