2021-12-10 05:42:25
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BSC Exclusive Morning Market News & Update
Bajaj Electricals: To review its corporate structure to unlock growth and consider demergers, subsidiarization and strategic partnerships. Board has authorised management to consider housing power transmission and power distribution business verticals as a standalone legal entity.
Karnataka Bank: Conferred with two DigiDhan awards instituted by the government for achieving the target with highest percentage in BHIM UPI transactions.
HCL Technologies: Named Santhosh Jayaram as Global Head of Sustainability.
HFCL: Approved the allocation of 8.72 crore shares at a price of Rs 68.75 each via qualified institutional placement.
Marksans Pharma: U.K. MHRA has granted authorisation to the company’s wholly owned subsidiary Relonchem Ltd. for Loperamide 2mg hard capsules.
Gujarat Gas: CRISIL issued AA+/Positive long-term rating for its total bank loan facilities of Rs 2,350 crore.
Raymond: Wholly-owned subsidiary JK Files and Engineering files for Rs 800-crore IPO.
Dr. Reddy’s Labs: Launches Venlafaxine ER Tablets in the U.S.
Deepak Fertilisers and Chemicals: Subsidiary Smartchem Technologies Ltd. to invest Rs 2,200 crore in its global scale technical ammonium Nitrate Plant in Gopalpur, Odisha.
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