InterGlobe Aviation (IndiGo): CEO Ronojoy Dutta sounds relieved that the airline is back to flying almost at full capacity. In a Q&A with Business Standard, Dutta said that cash flows for the next two years seems to be rising, and may not need a QIP issue.
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Biocon: Biocon Biologics and Viatris on Tuesday launched their interchangeable insulin biosimilar in the US market. The launch includes Semglee, which is a branded product, Insulin Glargine, which is an unbranded injection.
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Pfizer: To allow generic manufacturers to supply its experimental antiviral Covid-19 pill to 95 low- and middle-income countries through a licensing agreement with international public health group Medicines Patent Pool (MPP).
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Parag Milk Foods: Investcorp Infrastructure Fund has reduced stake by 2 per cent in the company through open market sale, from 5.29 per cent to 3.29 per cent.
Indian Energy Exchange (IEX): Has fixed December 06, 2021, as the record date for the issuance of bonus shares in the 2:1 ratio; i.e. shareholders will get two equity shares of Re 1 each for every 1 share held as per the record date.
Tourism Finance Corporation of India (TFCI): Board to meet on November 22 to consider raising funds through issue of NCDs on a private placement basis.
Grindwell Norton: Has made an investment of Rs 15 lakh in Cleanwin Energy Three towards power purchase.
Apollo Pipes: Has fixed December 04, 2021, as the record date for issuing bonus shares in the ratio 2:1, i.e. two free shares of Rs 10 each for every shareholder holding a share as per the record date.
Stocks in F&O ban: BHEL, Indiabulls Housing Finance, IRCTC, National Aluminium (Nalco), Punjab National Bank, SAIL and Sun Tv are in F&O ban today.
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