Cipla: The company on Monday said it has received final approval for its abbreviated new drug application (ANDA) for Metoprolol ER Tablets 50mg, 100mg, 200mg from the USFDA.
Tata Power, HDFC AMC and Union Bank: Tata Power, Union Bank, Vijaya Bank Chambal Fertilizers, Colgate-Palmolive, Finolex Industries, Gruh Finance, HDFC AMC, Century Textiles, Just Dial, MonsantoNSE 0.60 % India, Raj TV and Sun Pharma Advanced Research Company are among dozens of companies, which will announce their quarterly results later in the day.
Vendanta: The government has extended the tenure of the Production Sharing Contract (PSC) for Cairn India’s Rajasthan block. The tenure of the RJ Block PSC is due to expire on 14th May, 2020. The tenure of the RJ Block PSC has been extended for an additional period of 10 years with effect from 15th May, 2020.
ICICI Bank: The bank posted 55.84 per cent year-on-year fall in standalone profit at Rs 908.88 crore for the quarter ended September 30. It had posted a net profit of Rs 2,058.19 crore in the corresponding quarter last year. Analysts in an ET Now poll had estimated the profit figure at Rs 815 crore.
Piramal Enterprises: The company said it has identified short sellers who had used fake social media messages to cause a sharp fall in the company’s stock ..
SBI: India’s largest lender proposes exposure caps of Rs 100 crore and Rs 250 crore for individual and corporate borrowers, respectively. It plans to lend a substantial part in the form of gold loans, instead of the customary cash credit against stocks — a move that could ensure better monitoring of the end-use of funds but may leave many borrowers with working capital crunch.
GAIL: Natural gas sales contracts are becoming relatively easier for buyers as GAIL is offering shorter-tenure pacts and easier term.
Axis Bank: The lender on Friday sold 4.95 per cent stake in NSDL to its peer HDFC Bank for a consideration of Rs 163.34 crore. Post the sale, Axis Bank would be left with 0.05 per cent holding in NSDL, the lender said in a filing.