Stocks in news: LIC, Granules, Siemens, CAMS, Hero MotoCorp, GAIL
LIC
State-owned insurer LIC said it has amended a framework to allow the induction of shareholders' directors on its board.
Granules
Granules India announced that the USFDA has approved its Abbreviated New Drug Application, filed by Granules Pharmaceuticals, a wholly owned foreign subsidiary of the company, for Sildenafil for Oral Suspension.
Read more: Here's the trading setup for today's session
DHFL
Appleate Tribunal NCLAT upholded National Financial Reporting Authority orders on DHFL branch auditors and dismissed appeals. It found no error in NFRA orders on DHFL branch auditors.
HUL
HUL appointed former revenue secretary Tarun Bajaj as an Independent Director of the company for a term of five consecutive years with effect from December 1.
Hero MotoCorp
Hero MotoCorp reported total sales of 4.91 lakh units in the month of November, which were up 26% year-on-year.
Domestic sales rose 25% to 4.76 lakh units.
GAIL
State-owned Gail India initiated legal proceedings against a former unit of Russian energy giant Gazprom for non-delivery of LNG and has sought $1.817 billion in damages.
Siemens
Siemens AG to buy 18% stake in Siemens India from Siemens Energy for about Rs 18,928 crore. This is an inter promoter transfer agreement.
Computer Age Management Systems
Warburg Pincus affiliate Great Terrain Investment is likely to sell stake in Computer Age Management Systems via block deals, according to reports.
