The Alembic board on Friday said it has rejected the request by a section of small shareholders led Unifi Capital to have their representative on the board citing conflict of interests and misuse of provision under Section 151 of the Companies Act.
The regulations under the Companies Act, 2013 allow a small shareholder director on the board with the specific intent of having the interest of small shareholders represented in the decisions made by the board.
Axis Bank | Bharti Infratel | Raymond | Rallis India | IDFC Bank | Syngene |Â Snowman Logistics | Alembic | Swaraj Engines | Agro Tech Foods and Gujarat Narmada Valley are stocks, which are in the news today.
Major domestic firms such as Sun Pharma, Lupin, Glenmark, Aurobindo, Alembic and Hetero Labs figure in the list of first-time generic drug approvals released by the FDA's Office of Generic Drugs.
The 22 healthcare companies have sought quashing of the government's March 10 notification banning over 300 FDC drugs, including cough syrup compositions on the ground that they involve "risk" to humans and safer alternatives were available.
The agreement is for the development and commercialization of Rhizen's, inhaled dual PI3K-delta gamma inhibitor and its closely related compounds for various indications.
Net sales of the company were up 9.5 percent at Rs 35.8 crore versus Rs 32.7 crore, Y-o-Y.
Alembic has reported a sales standalone turnover of Rs 35.22 crore and a net profit of Rs 2.90 crore for the quarter ended Dec '13
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ONGC | SBI | Kingfisher Airlines | Biocon | Polaris | Jet Airways | Reliance Communications | Bombay Rayon | TVS Motor | BPCL | Ajanta Pharma | eClerx Services | DB Realty | REC | Sobha Developers | Sun Pharma | Cipla | Aurobindo Pharma | Manappuram Finance and Aditya Birla Nuvo are stocks, which are in the news today.
According to Satish Gupta of astrostocktips.in, technology stocks like Hexaware Technologies, Oracle Financial Services Software and pharma stocks like Dr Reddys Laboratories, Cipla will get astrological support.
Auto, pharma, paints, plastic, personal, liquor & leather sectors will be getting astrological support. One can buy Maruti, Mahindra, Sun Pharma, Lupin, Dr Reddys, Asian Paints, Berger Paints, Jain Irrigation Systems, Sintex Industries, Dabur India, Colgate Palmolive, ITC, United Spirits & Bata India on dips, says Satish Gupta of Astrostocktips.
Alembic has reported a sales standalone turnover of Rs 43.75 crore and a net profit of Rs 3.96 crore for the quarter ended Mar '13
Alembic has reported a sales standalone turnover of Rs 74.53 crore and a net profit of Rs 10.25 crore for the quarter ended Dec '12