Just Dial surges on buyback of share
Just
Dial rose over 4%, touching to Rs969.95, after the company said it will spend
up to Rs 164.50 crore in buying back shares from its shareholders.
ITC focuses on Non-cigarette FMCG business
ITC
- Restructuring at top level management (elevation of executive to top roles);
move that’s open race for chairmanship post retirement of Mr.YC Deveshwar –
positive from long term perspective as focus is to improve the growth prospects
of Non-cigarette FMCG business.
Lupin receives FDA approvals for Loestrin tablets
Lupin
receives FDA approvals for generic Loestrin Fe 1/20 and Loestrin 1.5/30
Tablets. Lupin’s US subsidiary, Lupin Pharmaceuticals Inc. shall commence
promoting the product in the US shortly.
Berger Paints and Nippon Group to strengthen joint venture
Berger
Paints and the Nippon group of Japan had agreed to strengthen their 49:51 joint
venture for manufacture of coatings for plastic substrates — BNB Coating India
Pvt Ltd. Both have now entered into a “non-binding understanding” to transfer
some of their existing automotive paints businesses to the joint venture “at
agreed values.
TCS signs strategic agreement with Gfi informatique
TCS
signs a strategic agreement with Gfi informatique to Accelerate smart cities
programs in France.
TCS
announced a strategic partnership agreement on smart cities to meet the requirements
of digital initiatives in public transportation, water, and energy and
accelerate the adoption of digital technologies in France’s fast-growing and
innovative smart cities market.
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