Shares of Tata Consultancy Services (TCS) will be in focus ahead of its Q3 December 2016 results today, 12 January 2016.
NTPC said that the board of directors of the company has accorded investment approval for Dulanga coal mining project having rated production capacity of 7 MTPA at an appraised estimated cost of Rs 1053.41 crore. The announcement was made after market hours yesterday, 11 January 2017.
Biocon and Mylan N V announced that the US Food and Drug Administration (FDA) has accepted Mylan's biologics license application (BLA) for MYL-1401O,a proposed biosimilar trastuzumab, for filing through the 351(k) pathway. This product is a proposed biosimilar to branded trastuzumab,which is indicated to treat certain HER2-positive breast cancers. The anticipated FDA goal date set under the Biosimilar User Fee Act(BsUFA) is 3 September 2017. The announcement was made after market hours yesterday, 11 January 2017.
Adani Ports and Special Economic Zone (APSEZ) said that its Finance Committee has executed the agreements pertaining to issuance of fixed rate senior unsecured notes (Notes) instead of the draft of the aforesaid agreements being approved by the Finance Committee in the earlier meeting. The announcement was made before market hours today, 12 January 2017.
APSEZ announced on 10 January 2017 that pursuant to the powers delegated to the Finance Committee by the board of directors of the company, the Finance Committee had reviewed and approved the preliminary offering circular in relation to the proposed issuance of foreign currency denominated bonds (Notes) in US dollars by the company. The issuance of notes offering may follow, subject to market conditions.
Dewan Housing Finance Corporation said that the company proposes to seek the approval of its board of directors at a meeting scheduled to be held on 16 January 2017, for raising funds by way of issue of preference shares. The announcement was made after market hours yesterday, 11 January 2017.
MRF said it signed a memorandum of understanding (MoU) with the Government of Gujarat expressing its in-principle intention to set up a new manufacturing facility in Gujarat for manufacturing automotive tyres, tubes, flaps and related products. The company proposes to invest a sum of about Rs 4500 crore over a ten year period in a phased manner. The new plant is planned to be set up in Gujarat with the intention of broad basing the company's manufacturing facilities across India. The project will be funded by internal accruals and / or debt. The announcement was made after market hours yesterday, 11 January 2017.
Atlanta said it has been declared as a preferred bidder for six laning a section of National Highway (NH)-8 in Gujarat under NHDP Phase V (Package-VI) on hybrid annuity mode at a total project cost of Rs 1292 crore by the National Highways Authority of India (NHAI). The company will form a special purpose vehicle (SPV) for the implementation of the said project. The announcement was made after market hours yesterday, 11 January 2017.
Ballarpur Industries said that India Ratings & Research (a Fitch Group Company) has revised the Long-Term Issuer Rating and the ratings on its non-convertible debenture to 'IND BBB-' from 'IND A-', while resolving the Rating Watch Evolving. The announcement was made after market hours yesterday, 11 January 2017.
Mahindra Holidays & Resorts India, through Covington S.a.r.I, Luxembourg (Covington), its step-down subsidiary, has increased its stake in Holiday Club Resorts Oy, Finland (HCR) by acquiring additional 6.33% stake in the share capital of HCR. Consequently, its stake in HCR has been increased to 91.94% from 85.61% earlier. The announcement was made after market hours yesterday, 11 January 2017.
Great Eastern Shipping Company said that a meeting of the debenture issue committee is scheduled on 16 January 2017, to consider the issue of unsecured non-convertible debentures upto an amount not exceeding Rs 500 crore by way of private placement. The announcement was made after market hours yesterday, 11 January 2017.
Murudeshwar Ceramics said that a meeting of the board of directors of the company will be held on 25 January 2017 to consider issue of equity shares / convertible warrants to the promoter / promoter's group companies on preferential basis. The announcement was made after market hours yesterday, 11 January 2017.
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