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

Infosys, Wipro, Cipla in focus

Capital Market 

Infosys announced that it has completed the acquisition of Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the design of smart products.

Among key result, Wipro will declare its July - September quarterly result today, 12 October 2020.

Cipla said that its step-down associate company in USA, Avenue Therapeutics Inc. (Avenue), a company focused on the development of intravenous (IV) tramadol for the U.S. market, announced it has received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) regarding the company's New Drug Application (NDA) for IV tramadol.

Godrej Properties announced that it has entered into an outright transaction to purchase a well located land parcel in Sarjapur, Bangalore.

Aster DM Healthcare through its subsidiary, Dr. Moopen's Healthcare Management Services LLC, has acquired 3% stake in Sanad Al-Rahmah Medical Care Company. Pursuant to the aforementioned acquisition the shareholding of the company has increased from 97% to 100%.

Lakshmi Vilas Bank said that a meeting of the board will be held on 15 October 2020 to consider and approve, the issue of securities of the bank to existing shareholders of the bank on a rights basis.

Rane Brake Lining said the company's board of directors will consider a proposal for buyback of equity shares on October 15.

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: Tue, October 13 2020. 08:30 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU