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Stocks in news: Sun Pharma, Jet, IndusInd, DLF, Ashoka Buildcon

Sun Pharma | IndusInd Bank | Jet Airways | DLF | Kandagiri Spinning | Empee Distilleries | Alankit | Kalindee Rail | Ashoka Buildcon | JSW Steel and Balmer Lawrie are stocks, which are in the news today.

December 22, 2016 / 13:13 IST
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Here are stocks that are in news today:

Sun Pharma-To acquire oncology product Odomzo from Novartis for global markets-To make upfront payment of USD 175 million and additional milestone payments for OdomzoSPARC-Gets complete response letter from US FDA for Xelpros-complete response letter indicates resolution of deficiency identified in Halol inspection-No requirements of additional data from USFDA in complete response letter

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Tata Steel EGM results-90.8 percent shareholders vote for removal of Nusli Wadia as director-82.5 percent institutional shareholders who have voted, support Wadia's removal-84.4 percent retail shareholders who have voted, support Wadia's removal-Over 3/4th of total shareholders support Wadia's removal as director

Government pushes for voluntary scheme to scrap 15-year old heavy vehicles: Sources-Voluntary scrappage scheme will be time-bound-Voluntary scheme to be withdrawn after final rules on scrapping old vehicles are introduced-Commercial vehicle owners who opt for scheme to get concessions on new purchases -Scheme to give financial incentives to owners like scrap value, concessions by OEMs & government-Government may consider extending voluntary scrappage scheme to 10-year old vehicles later-Government claims voluntary scrappage scheme to help in reducing pollution by 25-30 percent-Transport Ministry expects committee of secretaries' report/views by December-end