You are here: Home » News-CM » Equities » Stock Alert
Business Standard

Bharti Airtel, M&M, Lupin in focus

Capital Market 

Bharti Airtel informed that ICRA has reaffirmed [ICRA]AA- (Stable) issuer rating of the company. However, since the company, presently has no instrument rated under this rating, ICRA has withdrawn this rating at company's request.

M&M said that Ministry of Defence signed a contract with M/s Mahindra Telephonics Integrated Systems Ltd., Mumbai for procurement of 11 Airport Surveillance Radars with Monopulse Secondary Surveillance Radar for Indian Navy and Indian Coast Guard on June 03, 2021. The procurement, at a cost of Rs 323.47 crore, will be made under the 'Buy & Make' category.

Lupin announced the launch of the authorized generic version of Brovana (arformoterol tartrate) Inhalation Solution 15 mcgꝉ/2 mL, unit-dose vials, of Sunovion Pharmaceuticals Inc.

DCB Bank announced revision in Marginal Cost of Funds based Lending Rate (MCLR) with effect from June 5, 2021.

ABB Power Products and Systems India said that the operations at the manufacturing facility of the company situated in Peenya, Bengaluru, Karnataka has resumed from May 28, 2021.

BEML has started manufacturing 960 LPM Medical Oxygen Plants at its KGF complex in record time under a ToT agreement with M/s. Defence Bio-Engineering & Electro Medical Laboratory (DEBEL), Bengaluru under DRDO.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, June 04 2021. 08:39 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU