Stocks in the news: Tata Steel | Cipla | DHFL | Biocon | TD Power | Cochin Shipyard and ITD Cementation are the stocks that are in news today.
Tata Steel and Usha Martin: Usha Martin sold steel business to Tata Steel through a slump sale for Rs 4,300-4,700 crore.
Cipla: Company receives final approval for generic version of Impax Laboratories' Albenza (Albendazole tablets 200mg). It is an anthelmintic drug indicated for use in Treatment of parenchymal neurocysticercosis
Infosys: Company partners with Google Cloud to develop data native intelligent enterprise.
DHFL: ICRA re-affirmed its credit ratings on company's commercial paper programme of Rs 15,000 crore as A1+; non-convertible debentures of Rs 17,655.12 crore as AAA/Stable; non-convertible debentures (public issue) of Rs 29,000 crore as AAA/Stable; Fixed Deposit Programme of Rs 20,000 crore as AAA/Stable and long term bank facilities of Rs 42,713.80 crore as AAA/Stable.
ICICI Bank: The bank proposed to acquire 8.85 percent stake in Avenues Payment India.
Biocon: Company's drug substance facility in Bangalore completed US FDA inspection with no observations.
Andhra Bank: Government appointed J Packirisamy as MD & CEO of the bank.
Central Bank of India: Government appointed Pallav Mohapatra (Deputy MD, SBI), as MD and CEO of the bank.
Dena Bank: Government appointed Karnam Sekar (Deputy MD, SBI) as MD and CEO of the bank.
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