News Overview

After reporting a sharp increase in U.S. industrial production in the previous month, the Federal Reserve released a report showing industrial production edged modestly higher in the month of May. Industrial production crept up by 0.2 percent in May after surging by an upwardly revised 1.4 percent in April. The uptick in industrial production came as mining and utilities output shot up by 1.3 percent […]

The metals and mining giant has issued a request for expressions of interest (EOI) by July 4th.

Cipla: The drug major on Friday announced that it has signed definitive agreements for acquiring 21.05% stake (on a fully diluted basis) in Bengaluru-based Achira Labs for a cash consideration of Rs 25 crore. Aurobindo Pharma: The board of directors of the company has approved the acquisition of 51% equity shares in GLS Pharma Limited, operating in oncology business and having manufacturing facility in Hyderabad […]

Brent crude futures were up 20 cents, or 0.2%, to $113.32 a barrel at 0105 GMT, after jumping as much as 1% earlier. Last week, front-month prices fell 7.3%, the first weekly drop in five weeks.

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Morning cues from other Asian markets are negative

Please find enclosed a copy of the press release.This is for your information and records.

Patel Engineering Limited has informed the Exchange about Voting results and Scrutinizer report of Postal Ballot

Pursuant to the provisions of Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we would like to inform that the resolution mentioned in the Notice of Postal Ballot dated 11th May, 2022 as per Section 110 of the Companies Act,2013 seeking the consent of the members have been passed with requisite majority.The Outcome along with the scrutinizers report is attached herewith for your reference.

The Exchange had sought clarification from Chemfab Alkalis Limited with respect to announcement dated 02-May-2022 informing about Clarification. On the basis of aforesaid announcement, the Company was required to provide/clarify the following: 1. Brief profile (in case of appointment) The response of the company is attached.