Stocks in News
Indian Overseas Bank: Indian Overseas Bank is taken out of the Prompt Corrective Action Framework by the RBI.
Ashoka Buildcon: The company further acquired balance 40% stake in Ashoka Bettadahalli Shivamogga Road (ABSRPL) for Rs 2 lakh. ABSRPL is now a wholly owned subsidiary of the company post the acquisition.
Lincoln Pharmaceuticals: Promoter Ashish Rajanibhai Patel picked 31,000 equity shares in the company via open market transaction on September 27, increasing shareholding to 5.16% from 5% earlier.
Persistent Systems: US subsidiary acquire Software Corporation and its affiliate Fusion360. The company also entered into an agreement with Shree Infosoft, India to acquire its business. Along with this transaction, its US subsidiary will acquire certain assets from Shree Partners LLC, USA, parent company of Shree Infosoft.
Blue Dart Express: The company announced its general price increase, effective from January 2022. The average shipping price increase will be 9.6% compared to 2021.
Indag Rubber: The company approved sale of 15 lakh equity shares of joint venture company SUN Mobility EV Infra, to joint venture partner EPIC Mobility Technologies Pte Ltd.
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