Aurobindo Pharma in action after declaring Q3 result

Aurobindo Pharma's consolidated net profit rose 2.8% to Rs 595.01 crore on 11% growth in net sales to Rs 4268.99 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours yesterday, 7 February 2018.

Indraprastha Gas reported 14.58% rise in net profit to Rs 165.92 crore on 25.05% growth in net sales to Rs 1183.90 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours yesterday, 7 February 2018.

FDC's net profit rose 93.65% to Rs 42.66 crore on 13.01% growth in net sales to Rs 248.77 crore in Q3 December 2017 over Q3 December 2016. The result was announced after market hours yesterday, 7 February 2018.

The company's board of directors has approved the buyback proposal for purchase by the company of its own fully equity shares, not exceeding 34.30 lakh shares at Rs 350 per share for an aggregate amount not exceeding Rs 120.05 crore from the equity shareholders of the company on a proportionate basis through the tender offer route.

Union Bank of India's committee of directors for raising of capital funds has resolved and approved issue and allotment of new equity shares on preferential basis to the Government of India (President of India), for an amount aggregating upto Rs 4524 crore (including premium). The issue price of the proposed preferential issue of equity to the Government of India (President of India), will be minimum price arrived in accordance with Chapter VII of the Sebi (ICDR) Regulations, 2009 as amended. The announcement was made after market hours yesterday, 7 February 2018.

Unichem Laboratories said it has fixed 16 February 2018 as the record date for the purpose of buyback of equity shares. The buyback was approved by the board on 8 January 2018. The announcement was made after market hours yesterday, 7 February 2018.

Maruti Suzuki showcased "e-SURVIVOR Concept" - EV design concept and working model of next generation Suzuki Hybrid system (HEV). e-SURVIVOR Concept demonstrates Maruti Suzuki's efforts in the direction of electric mobility and presents an innovative, futuristic vision of the company. The announcement was made after market hours yesterday, 7 February 2018.

Karnataka Bank has raised its interest rates on domestic term deposits. Interest on domestic term deposit for a period of 1 year to 449 days stands revised to 7.10% from 6.90% (for deposits upto Rs 10 crore) and for 451 days to 2 years stands revised to 7.10% from 6.90% (for deposits upto Rs 10 crore), representing a hike of 20 basis points. A new slab of 450 days has been introduced with rate of interest of 7.25% (for deposits upto 10 crore). The above rates are effective from 30 January 2018. Further, resident senior citizens are eligible for additional 0.50% interest over the general rate for term deposit upto Rs 5 crore across all maturity slabs. The announcement was made after market hours yesterday, 7 February 2018.

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