The Indian market is likely to open higher on Monday following gains in Asian pairs amid positive global signals, as coronavirus vaccines encouraged risk sentiment. As of 7:10 am, the SGX Nifty was trading 56.50 points or 0.42 percent higher at 13,590.50, indicating a positive start for Sensex and Nifty50.
Burger King | The company’s shares will be listed on the exchanges today after its public issue of Rs 810 crore was subscribed 156.65 times, the second highest in 2020. (Image: Reuters)
Pfizer | The USFDA has issued an emergency authorization for the Pfizer BioNTech COVID-19 vaccine. (Image: Reuters)
UPL | The company has denied reports that SEBI has initiated a forensic audit regarding the whistleblower complaint. UPL has asked SEBI to inquire about this and similar malicious reports in recent months.
Cipla | The company has resolved a dispute with Celgene Corporation.
United Breweries Ltd | CCI will consider action based on its investigation into allegations of beer price cartelization. Senior executives from Carlsberg, SABMiller and UBL will be convened by CCI shortly.
Central Bank of India | The Bank’s Capital Raising Committee has approved the proposal to raise capital funds of up to Rs 500 million.
Jindal Steel & Power | The company reported 15 percent growth in independent steel production to 614,000 tonnes in November 2020 from 533,000 tonnes in the prior year period.
Union Bank of India | The bank is issuing bonds for up to Rs 1,500 crore on a private placement basis.
KEC International | The company has secured new orders of Rs 1,438 crore in all segments.
Astral Poly Technik | The company has started manufacturing plastic water tanks at the Aurangabad unit.
Eveready Industries | Kamalkishore Jani resigned as a Director of the Company on December 12, 2020, due to the current COVID-19 situation as he is stationed in Mumbai and other professional commitments, the company said. Jani has confirmed that there is no other material reason for her resignation.
Zuari Global | The company has acquired 100 percent of the shares of Zuari Insurance Brokers from Zuari Finserv.
Eclerx Services | The company will acquire a 100 percent stake in IT services company Eclipse Global Holdings LLC for a total amount of $ 34 million.
