Stocks in news: ZEE, Ultratech, Mazagon Dock, Flair Writing, ICICI Bank
ZEE
Sony Pictures Networks has agreed to enter into negotiations to discuss a possible extension of the date to complete the merger deal with Zee Entertainment Enterprises.
Ultratech
The company has entered into a share subscription and shareholders agreement to acquire 26% equity shares of Clean Max Terra.
ICICI Bank
RBI has approved the re-appointment of Sandeep Batra as Executive Director of the Bank with effect from December 23.
Read more: Here's the trade setup for today's session
Mazagon Dock
The union government has signed a contract worth Rs 1,615 crore with Mazagon Dock for buying 6 next generation offshore patrol vessels for the Indian Coast Guard.
Cochin Shipyard
The company has signed a contract with MoD for a value of Rs 488.25 crore.
The work on the same has already commenced during Q2 of FY24.
Flair Writing
Flair Writing's revenue rose 4.2% quarter-on-quarter to Rs 257 crore in the second quarter, while profit increased 3% to Rs 33 crore.
