Home Business Stocks in the news: RIL, Vodafone Idea, Cadila Healthcare

Stocks in the news: RIL, Vodafone Idea, Cadila Healthcare

Most buzzing stocks today

Vodafone Idea: Google is looking to taking a minority stake in British telecom group Vodafone’s struggling India business.

Reliance Industries: Abu Dhabi state fund Mubadala Investment Company may invest about $1 billion in Reliance Industries digital unit Jio platforms, after microsoft investment ruomurs.

Voltas, Dilip Buildcon, Equitas: 3M India, Dilip Buildcon, Equitas, Everest Industries, Jagran Prakashan, Jubilant Life Sciences, KEC, Lemon Tree, Shipping Corporation of India, RCF, V-Mart and Voltas are slated to announce their financial results on Friday.

Karnataka Bank, Bank of India: The Reserve Bank of India (RBI) on Thursday imposed a penalty of Rs 5 crore on Bank of India for non-compliance with central bank’s Income Recognition and Asset Classification norms.

Cadila Healthcare: The drug firm said its manufacturing facility at Baddi in Himachal Pradesh has received an establishment inspection report (EIR) from the US health regulator with no action indicated classification.

Ceat: Tyre maker Ceat reported a 19.58 per cent decline in consolidated net profit at Rs 51.72 crore for the fourth quarter ended March 31, 2020. It had posted a net profit of Rs 64.32 crore in January-March quarter a year ago.

Sun Pharma, SPARC: Sun Pharmaceutical Industries and Sun Pharma Advanced Research Company said they have entered into a worldwide licensing pact for development of a novel molecule which can be used for potential treatment of atopic dermatitis, psoriasis.

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