Here are stocks that are in news today:
Sun Pharma-Divesting 2 oral solid dosage manufacturing facilities to Frontida Biopharma-Facilities are located in Philadelphia and Aurora-Deal is a part of manufacturing consolidation
Cipla-Cipla backed Stempeutics gets nod for its first anti-inflamatory drug: ET-Cipla arms spots blockbuster opportunity
Excel Crop Care-Board approves sale to Sumitumo Chemical Company-Sumitumo Chemical Company makes an open offer to acquire 30 percent in company for Rs 1259.4 per share (current market price Rs 1221)
Force Motors-Sells 2392 units in MayDomestic-1383: SCV & LCV-771: UV, SUV & TractorsExports-224: SCV & LCV-14: UV, SUV & Tractors
India oil majors may ink pact with Rosneft for stake in Siberia fields soon: FE-Companies involved include IOC, OIL and Bharat Petro-Resources
Other stocks and sectors that are in news today:-Zydus receives USFDA approval to start Phase 2 clinical trials for Saroglitazar drug used to treat type 2 diabetes-Jubilant Life Sciences receives ANDA approval for Levetiracetam injection USP-Bharat Forge North Armerica Class 8 truck orders down 30 percent at 14,100 units YoY for May 2016-Adani may abandon Australian coal mine project due to legal hurdles, delays-Adani arm likely to tie up with SunEdison for USD 2 billion solar foray: ET-L&T sells general insurance business to HDFC Ergo for Rs 551 crore-Maruti Suzuki production in May 2016 at 129509 units versus 127343 units YoY-Gujarat Gas gets authorisation for development of city gas distribution in Amreli Dist, by PNGRB-Vakrangee ties up with Cigna TTK Health Insurance Company to distribute health insurance through Vakrangee’s Network-Gammon India to sell part of EPC business to wholly owned subsidiary Gammon Retail Infra on a slump sale basis-Grasim's VSF plant at Nagda, MP to be shut due to water deficiency from June 5-Chembond Chemicals board to consider 1:2 stock split-Gujarat Industries commissioning of 51 MW wind power plant in Gujarat delayed due to financial difficulties faced by EPC contractor-Green panel defers green clearance to Coal India's washery in Odisha-Maharashtra Association of Resident Doctors (MARD) alleges Thyrocare is encouraging cut practice amongst doctors-Mylan & Biocon to present Phase 3 biosimilar data at ASCO (American Society of Clinical Oncology) annual meeting
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