STOCKS IN ACTION 13 MAY
Vedanta: The company's unit, CIHL, acquired an additional 46.57% stake in AvanStrate for JPY
12.2 billion.
Wipro: The company appointed Vinay Firake as CEO for the Asia Pacific, India, Middle East, and Africa strategic market unit.
Lupin: The US Court has lifted a temporary restraining order for Mirabegron ER Tablets. The shipment of the product has now resumed.
JSWSteel April crude steel production up 0.4% YoY at 21.21 lakh tonnes, 'iron ore availability constraints from Karnataka mines impacted production volts
Capacity utilisation at Indian operations stood at 88%
Housing & Urban Development Corporation: The company is in a pact with Surat Integrated Transportation Development Corp. for the development of the Surat Multi-Modal Transportation
Hub.
Aditya Birla Fashion and Retail: The company's arm, Clothing Retail, allotted shares worth Rs 100 crore. The company's stake in the arm stands at 85.54%, up from 80% earlier.
Andhra Paper: The company is in a pact with Sweden-based Valmet AB for the supply and commissioning of a tissue paper production line.
ICICI Bank: Bijith Bhaskar resigns as Head – Cards, Payment Solutions, E-Commerce Ecosystem, Merchant Ecosystem, Consumer Finance of the comp
Lemon Tree Hotels: The company signed a pact for an upcoming 60-room hotel in Bareilly, Uttar Pradesh.
Nuvama Wealth Management: Mihir Nanavati resigned from the position of CFO effective May 14. The company appointed Bharat Kalsi as CFO effective May 15.
Prestige Estates Projects: Venkata Narayana K. resigned from the position of CEO.
@daytradertelugu
Vedanta: The company's unit, CIHL, acquired an additional 46.57% stake in AvanStrate for JPY
12.2 billion.
Wipro: The company appointed Vinay Firake as CEO for the Asia Pacific, India, Middle East, and Africa strategic market unit.
Lupin: The US Court has lifted a temporary restraining order for Mirabegron ER Tablets. The shipment of the product has now resumed.
JSWSteel April crude steel production up 0.4% YoY at 21.21 lakh tonnes, 'iron ore availability constraints from Karnataka mines impacted production volts
Capacity utilisation at Indian operations stood at 88%
Housing & Urban Development Corporation: The company is in a pact with Surat Integrated Transportation Development Corp. for the development of the Surat Multi-Modal Transportation
Hub.
Aditya Birla Fashion and Retail: The company's arm, Clothing Retail, allotted shares worth Rs 100 crore. The company's stake in the arm stands at 85.54%, up from 80% earlier.
Andhra Paper: The company is in a pact with Sweden-based Valmet AB for the supply and commissioning of a tissue paper production line.
ICICI Bank: Bijith Bhaskar resigns as Head – Cards, Payment Solutions, E-Commerce Ecosystem, Merchant Ecosystem, Consumer Finance of the comp
Lemon Tree Hotels: The company signed a pact for an upcoming 60-room hotel in Bareilly, Uttar Pradesh.
Nuvama Wealth Management: Mihir Nanavati resigned from the position of CFO effective May 14. The company appointed Bharat Kalsi as CFO effective May 15.
Prestige Estates Projects: Venkata Narayana K. resigned from the position of CEO.
@daytradertelugu
