Bank of Maharashtra: The company recorded total business at Rs 4.35 lakh crore, up 18.92%, and 03 gross advances at Rs 1.89 lakh crore, up 20.28% YoY. The lender's Q3 total deposits stood at Rs 2.46 lakh crore, up 17.9% YoY.

Arihant Superstructures: The company added a new plotted development project in Navi Mumbai, spread across 118 acres. The project is being acquired partly on an outright basis and partly in a joint-venture transaction. The total development potential is estimated at 2 million sq. ft.

Tata Motors:
Supplied 100 electric buses to Assam State Transport Corporation (ASTC).

Natco Pharma: The company announced that DASH Pharmaceuticals has officially transitioned to Natco Pharma USA. All products marketed by DASH Pharmaceuticals will transition to the Natco Pharma USA label.

Marico: The High Court of Bombay approved the dissolution of Halite Personal Care India, a wholly-owned subsidiary of the company.

Avenue Supermarts: The company recorded standalone revenue at Rs 13,247 crore, up 17.2% YoY, and the number of stores at 341 as of Dec. 31.
Life Insurance Corp.: The company received a tax demand of Rs 117 crore from Telangana tax authorities for FY17.

Brigade Enterprise: The company acquired an additional 4.53% stake in BCV Developers.
Accordingly, the shareholding of the company has increased from 62.51% to 67.04% in BCV Developers.

MOIL: The company recorded a production volume of 1.85 lakh MT, up 31% YoY for December, and sales of 11.01 lakh MT, up 40% YoY from April to December.

Sun Pharmaceutical Industries: The pharma giant acquired a 100% stake in Israel's Libra Merger.
Acquisition to facilitate consolidation of the company's business in Israel.
Hindustan Zinc: The company recorded mined metal production at 2.71 lakh metric tonnes, up 7% YoY, and refined metal production at 2.59 lakh metric tonnes, up 1% YoY.

Jubilant Foodworks: The company acquired a 6.32% stake in 02 Renewable to buy up to 4.51
MW of renewable power. The aggregate cost of acquisition is Rs 2.67 crore.

Jubilant Pharmova: The company acquired a 19.89% stake in 02 Renewable for the purchase of renewable energy power (electricity) generated from the captive generating plant for Rs 8.43
crore.

Rail Vikas Nigam: The company has signed a MoU with REC for mutual benefits by way of RVNL presenting bankable projects with assured or projected sources of revenue.

Birlasoft: The company appointed Manjunath Kygonahally as the chief executive officer of the rest of the world region, effective January 2.
Rama Steel Tubes: The company recorded a Q3 sales volume of 46,919.80 tonnes, up 31% QoQ.
GVK Power and Infrastructure: The Competition Commission of India approved the proposed acquisition of GVK Power by Punjab State Power Corp.

@DAYTRADERTELUGU
 
 
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