Gold Silver Reports (GSR) – Binani Industries Gains After UltraTech Signs Pact — Shares of the Binani Cement’s parent was locked in upper circuit. UltraTech Cement, yesterday, agreed to issue a letter of comfort for its increased bid to the cement maker’s lenders for termination of insolvency proceedings at the Kolkata bench of the NCLT, according to its exchange filing.
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Canara Bank Declines After Former Chairman Named In Fraud Case
Canara Bank Declines After Former Chairman Named In Fraud Case — Shares of the state-run lender extended decline for the second day and fell as much as 5.4 percent, the most in nearly two weeks to Rs 250.
Stocks To Watch: Biocon, Future Retail, GAIL, InterGlobe, Ultratech
Stocks To Watch: Biocon, Future Retail, GAIL, InterGlobe, Ultratech — Stocks in Asia and U.S. equity futures fell, building on losses on Wall Street after a sell-off in technology shares bruised trader sentiment before a key Federal Reserve policy meeting.
Binani Cement Will Apply For Termination Of Insolvency As UltraTech Takeover Looms
Gold Silver Reports (GSR) – Binani Cement Will Apply For Termination Of Insolvency As UltraTech Takeover Looms — Debt-laden Binani Cement Ltd. will apply to the National Company Law Tribunal for termination of its insolvency proceedings after UltraTech Cement Ltd. signed a pact with its parent to buy the cement maker.
Shilpa Medicare Surges After U.S. FDA Issues EIR
Gold Silver Reports (GSR) – Shilpa Medicare Surges After U.S. FDA Issues EIR — Shares of the Raichur-based producer and exporter of active pharmaceutical ingredients rose as much as 13 percent, the most in over 17 months, to Rs 516.
Bank Of Baroda Drops 10%, Falls Most In Over A Year
Gold Silver Reports (GSR) – Bank Of Baroda Drops 10%, Falls Most In Over A Year — Shares of the Vadodara-based government-owned bank fell as much as 9.6 percent, the most in over a year, to Rs 130.
PSU Banks Witness Selling Pressure, Bank Of Baroda Falls Most In A Year
Gold Silver Reports (GSR) – PSU Banks Witness Selling Pressure, Bank Of Baroda Falls Most In A Year — Shares of the government-owned lenders came under sharp …