In today’s trade, shares of MRF, Shriram Finance, IndiGo, BSE, Glenmark Pharma among others will be in focus due to various news developments.
Shriram Finance
German development finance institution DEG and Citi on Thursday announced providing a $76-million co-financing package to Shriram Finance, aimed at accelerating economic inclusion, rural development, and climate-aligned mobility pan-India.MRF
Tyre major MRF signed a MoU with the Tamil Nadu government on Wednesday, committing investments of Rs 5,300 crore over a period of 12 years, to set up a new tyre manufacturing unit in the state. The factory to come up in the SIPCOT (State Industries Promotion Corporation of Tamil Nadu) Industrial Park in Sivaganga district would create employment to 1,000 people, the government said.
Glenmark Pharma
Glenmark Pharmaceuticals on Wednesday said its subsidiary, Glenmark Specialty SA, has received final approval from the United States Food and Drug Administration for its inhaler fluticasone propionate inhalation aerosol USP, 44 mcg per actuation.
IndiGo
IndiGo on Wednesday said it cancelled over 500 flights to the Middle East and select international destinations from February 28 to March 3 due to the evolving airspace restrictions over Iran and other Gulf countries.
BSE
BSE has received an approval from the Securities and Exchange Board of India (Sebi) to launch derivative contracts on the BSE Sensex Next 30 index. The index tracks the next largest and most liquid companies in BSE 100 that are in derivative segment and not the member of BSE Sensex 30 index.