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Top Stocks in Focus Today – Ashok Leyland, Cipla, Jagran Prakashan

An overwhelming majority of shareholders of Tata Consultancy Services (TCS) voted to oust Cyrus Mistry as director from the company’s board at the company’s extraordinary general meeting (EGM) held in Mumbai.

Kilburn Engineering Ltd scraps proposed merger plan with EMC and other firms.

The US drug regulator has flagged serious problems with the testing programmes at drugmaker Sun Pharma’s manufacturing facility at Halol.

Vardhman Speciality Steel Ltd increases capacity 1.6 lakh tn/yr from 1.25 lakh tn/yr.

Bharti Airtel and Vodafone India are pushing ahead the government’s broad agenda to move towards cashless economy, at a time when demonetisation has crippled cash payments due to inadequate cash in the system.

CCI approves merger of Hinduja Foundries with Ashok Leyland.

Bajaj Electricals has entered into a strategic alliance with the UK-based firm Gooee to create lighting products and solutions on the Internet of Things (IoT) platform.

Cipla to consider fund raising via ADR, GDR, bonds including QIP on Dec 19.

NTPC has lined up investments worth Rs 26.48 bn for developing three coal blocks in Odisha.

Swaraj Automotives Ltd plans to sell 3.18 lakh shares via OFS on December 15-16.

Lupin has received approval from the US health regulator to market its Desoximetasone ointment, used for providing relief from inflammation and itching in a skin disease.

Indian Hume Pipe Company Ltd board approves 1:1 bonus.

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