arm ‘Dusa Pharmaceuticals’ got awarded Preliminary Injunctive Relief by US federal district court prohibiting defendants Biofrontera from using Dusa’s proprietary trade secret information.
Cimmco’s promoter Titagarh Wagons
to sell 15.4 lakh shares (5.64% equity) today and tomorrow through an offer for sale route. The floor price for OFS set at Rs38 per share, a discount of 11% to the last regular trade.
clarified on the news of GST Authority finding guilty of profiteering Rs383cr stating that no methodology has been determined by National Anti-Profiteering Authority as required under the law to determine if benefit has been passed or not.
stock in focus as SEBI slapped Rs10cr fine on 3 promoters of the company for failing to make an open offer to the company’s shareholders.
stock in focus today. Investment approval has been accorded for Bilhaur Solar Project of 140 MW capacity and Auraiya Solar Project of 20 MW capacity.
Entertainment Network (India)
clarified that terrestrial broadcasting was disrupted for only 30 hours due to fire in its Mumbai’s Common Transmission Infrastructure and the amount of damage is not significant and the equipment of the company at these common infrastructure is already insured.
ex-date for interim dividend at Rs4.75 per share.
Resources plans to pump about $4bn into newly acquired Electrosteel Steels to scale up its capacity from the existing 1.5 mn tonne per annum to 7 mtpa in the coming years.