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Market Updates

The Markets are expected to open marginally higher today as trend in GIFT nifty indicate a positive start for the broader index after Nifty closed 9 points lower at 19,802 on Thursday.

Lupin:

The pharma major has received approval from the U.S. FDA for Bromfenac Ophthalmic Solution, 0.07%, and tentative approval from the U.S. FDA for Canagliflozin Tablets.

LTIMindtree:

The global technology consulting and digital solutions company, launched the Quantum?Safe Virtual Private Network (VPN) link in London in collaboration with Quantum Xchange and Fortinet.

Indian Railway Catering and Tourism Corporation:

The company’s e?ticket booking and cancellation were temporarily affected today from 11:15 a.m. to 1:52 p.m. due to technical reasons, and the same has been resolved.

Granules:

The company received a communication from the GST authorities directing the payment of a tax liability of Rs 43.43 lakh for the tax period July 2017 to March 2021.

Radico Khaitan:

The company announced the launch of Magic Moments Remix Pink Vodka o cater to the growing demand for the coloured and flavoured beverage alcohol category. 

Bharat Electronics:

NSE and BSE imposed a fine of Rs 1,82,900 each on the company for noncompliance with regulations with respect to the composition of the board of directors due to the insufficient number of independent directors.

Karnataka Bank:

The bank tied up with Bajaj Allianz Life Insurance Company Limited to distribute life insurance products.

NMDC:

The company has set the iron ore price at 5,400 per tonne w.e.f Nov. 23 and the fines price at 4,660 per tonne w.e.f November 23.

Indian Hotels:

The company has made an investment of Rs 55 crore in Genness Hospitality Private Ltd. and 35 crore in Qurio Hospitality Private Ltd. by way of subscription to rights issues.

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