Stocks in news: Infosys, Cairn, Biocon, MRF, APL Apollo, Atlanta

Cairn India-HC asks the company to go for arbitration in 2 weeks-This is done in order to resolve payments dispute with Videocon Industries, Ravva Oil & ONGC

Biocon & Mylan says USFDA accepts Biologics license application for proposed biosimilar TrastuzumabKiran Mazumdar Shaw, Biocon-Pharma companies in the US have been raising costs irresponsibly-Cannot accuse Indian pharma companies of raising prices in a big way-Completely agree with US president-elect Donald Trump's views; don't see his views affecting Indian pharma-Trastuzumab is a breast cancer drug with huge potential-Trastuzumab could be the first biosimilar to be launched in US market-Trastuzumab's approval & marketing in the US may take up to 18 months-US FDA accepting the application for Trastuzumab is positive for the company-Mylan will be front-ending efforts for Trastuzumab-Confident that company will receive a significant share of Trastuzumab

Other stocks and sectors that are in news today:-Bharat Financial Inclusion assigns pool of receivables of Rs 271.7 crore to a PSU bank-Alkem Labs gets US FDA nod for Gabapentin tablets (used to treat nerve pain caused by herpes virus)-AstraZeneca gets US FDA nod for Xigduo XR tablets (used to  treat type-2 diabetes)-Switzerland-based Clariant is in talks to buy Galaxy Surfactants, the deal could be worth Rs 1300-1500 crore-Edelweiss in focus: Edelweiss ARC to file insolvency case against Bharati Defence (Bharati Shipyard) in NCLT (National Company Law Tribunal)-Infosys is expected to lower full year revenue outlook-Adani Power & Tata Power in focus as SC will announce their verdict on compensatory tariff today-Tyre major MRF plans to invest Rs 4,500 crore to set up a manufacturing unit in Gujarat (in a phased manner over the next 10 years)-Banks in focus: Banks want Vijay Mallya to deposit USD 40 million in Supreme Court which he received from Diageo-Fitch assigns expected rating of BBB- to unsecured euro notes of NTPC-Oil India ex-date for 1:3 bonus issue; F&O lot size revised to 2266-Engineers India & Vishal Bearings listing of bonus shares-Mac Charles acquisition window starts from January 12 to 25-Balrampur Chini & Dhanuka Agritech ex-date for buyback eligibility-MT Educare - CRISIL reaffirms rating of A1-Rane Brake Lining - ICRA reaffirms rating of A+ and A1+-RCI Industries says EGM on February 3 to consider issue of 17.37 lakh preferential shares at Rs 225 per share-Mercator says QIP to open on January 11 at Rs 42.8 per share-Bartronics approved transfer of financial inclusion division to Swift Vitthiya Samavesh-APL Apollo Tubes gets patents from Indian Patent Office for 2 new product designs-Country Club board meeting on January 16 to consider issue of 50 lakh shares on preferential basis and 1 crore warrants-NTPC approved investment for Dulanga Coal mining project at a cost Rs 1,053.41 crore-Hindustan Organic Chemicals board meeting on January 20 to consider selling land to BPCL and ISRO-Ballarpur Industries: India Ratings & Research downgrades long term rating from A- to BBB--Murudeshwar Ceramics board meeting on January 25 to consider issue of equity / convertible warrants to promoters-Mahindra Holidays acquired additional 6.33 percent stake in Holiday Club Resorts for 4.37 million euro-GE Shipping board meeting on January 16 to consider issue of non-convertible debentures (NCDs) up to Rs 500 crore-Prakash Industries: Government of Odisha executed mining lease of Iron & Manganese Ore-Trigyn Technologies gets 5-year contract from US General Services Administration-Atlanta declared as preferred bidder for road work in Gujarat worth Rs 1,292 crore-DHFL board meeting on January 16 to consider issue of preference shares-Tata Sons says there is no contempt, we will make our submissions to the NCLT