Stocks in the news today are Vodafone Idea, Tata Steel, and many more. Nifty futures traded 90.50 points or 0.52 percent, higher at 17,342.
- Vodafone Idea: Vi is focusing on a four-overlap hop in yearly capital use to $2 billion (about Rs 15,000 crore), the telco’s top administration has said, as it hopes to take on more grounded rivals.
- Indiabulls Housing Finance: Sameer Gehlaut to cut down stake in Indiabulls Housing Finance to sub 10% level by means of square arrangement on December 16. Gehlaut to be declassified as an advertiser post the square arrangement.
- Tata Steel: India Ratings and Research (Ind-Ra) said it has updated Tata Steel’s drawn out backer rating to ‘AA+’ from ‘AA’. AA-appraised instruments are considered to have a serious level of security with respect to ideal overhauling of monetary commitments.
- Glenmark Pharma: Drug producer Glenmark is in conversations with certain worldwide friends to permit out a subsequent potential medication resource, ISB 830, from its US-based clinical stage biotech auxiliary Ichnos Sciences days in the wake of finishing up an out-authorizing managed Spanish firm Almirall.
- Sun Pharmaceutical Industries: The medication producer said it has gotten the last endorsement from the US wellbeing controller for conventional Amphotericin B Liposome infusion utilized in treatment of parasitic contaminations with 180 days of selectiveness.
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