Ajanta Pharma will be watched after USFDA nod for drug

Ajanta Pharma said it has received the final approval for Clonidine Hydrochloride extended release tablets from the United States Food and Drug Administration (USFDA) and the same has been launched in US market through its wholly owned subsidiary, Ajanta Pharma USA Inc. The product is a bioequivalent generic version of Kapvay tablets and company has launched the product in 0.1 mg dosage. The announcement was made after market hours yesterday, 21 November 2017.

Bank of Baroda announced that the finance committee of the board approved the proposal of raising additional equity capital aggregating upto Rs 6000 crore by way of rights issue or qualified institutions placements (QIP), subject to applicable statutory/regulatory approvals. The announcement was made after market hours yesterday, 21 November 2017.

Lakshmi Vilas Bank announced that a meeting of the capital raising committee of the board will be held on 24 November 2017 to consider rights issue. The announcement was made after market hours yesterday, 21 November 2017.

Thomas Cook (India) said it has strengthened its presence in the National Capital Region (NCR) with the inauguration of a new franchise viz. Gold Circle Partner outlet at East Centre Mall, Laxmi Nagar. This expansion augments the company's distribution reach in NCR to 16 consumer access centres viz. 6 owned branches, 10 Gold Circle Partner (franchise) outlets. The announcement was made after market hours yesterday, 21 November 2017.

Dredging Corporation of India (DCI) said that both the shore based executives and non-executives of the company, at Head Office, Visakhapatnam, have gone on mass leave on 21 November 2017 in protest against the recent government's decision for the strategic disinvestment of its equity in the company. The employees sat on a dharna at the main gate and did not allow the directors and CMD to enter into the Head office, DCI stated. However, the operations of the dredgers at various projects are going on smoothly and there is disruption to the same, it added. The announcement was made after market hours yesterday, 21 November 2017.

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