Stocks in news: Birla Corp, Neyveli, Glenmark, Bharti, PFC
Published on Wed, Mar 17, 2010 at 08:22 | Source : CNBC-TV18
Updated at Wed, Mar 17, 2010 at 08:23
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Stocks in news: Birla Corp, Neyveli, Glenmark, Bharti, PFC
Birla Corporation | PFC | Aarey Drugs | Thomas Cook | Transort Corp | Neyveli Lignite | Glenmark Generics | Pfizer and Bharti are stocks, which are in the news today.
DoT - CNBC-TV18 exclusive: -DoT (Department of Telecommunication) issues letters to all telcos for CAG audit: sources -CAG audit for Bharti, BSNL, MTNL, Tata Comm, Reliance Comm, Vodafone, Idea, others: srcs -CAG audit to cover 3 financial years beginning 2006-07: srcs -DoT seeks financial records & documents within 15 days: srcs -Alert: CAG audit comes after special independent audit of telcos
Bharti-Zain update: from agencies -Bharti issues term sheet to banks to raise up to USD 8.5 billion -Bharti's 6-year offshore loan facility has four tranches -Bharti opts to drop onshore tranche for Zain funding
Glenmark Generics -FDA orders Glenmark Generics to stop marketing unapproved Nitroglycerin tablets -Marketed in 0.3 mg, 0.4 mg and 0.6 mg -Tablets are placed under the tongue to relieve chest pain or to stop a heart attack -Pfizer markets FDA-approved sublingual nitroglycerin tablets in the same strengths -And according to the FDA is able to supply the market with approved products -Glenmark has 15 days to respond to the FDA with a plan for removing their products from the market -Has 90 days from the date of the warning letters to stop manufacturing new products -And 180 days to stop further shipment of existing products