Lemon Tree Hotels said that the company has signed a License Agreement for a 76 room property located at Bhubaneswar, Odisha under the company's brand 'Lemon Tree Premier'. The hotel is expected to be operational by March, 2020. The announcement was made after market hours yesterday, 15 November 2018.
ING MAURITIUS INVESTMENTS sold 1.27 crore shares of Kotak Mahindra Bank at Rs 1,130 per share in a bulk deal on NSE yesterday, 15 November 2018.
The board of directors of Tata Sponge Iron approved the issuance of non-convertible redeemable preference shares (NCRPS) on a private placement basis to Tata Steel, the promoter of the company for an amount not exceeding Rs 1000 crore. Further, for the purpose of giving effect to the issue of NCRPS, the board had authorized the committee of the board to, inter alia, decide the terms and conditions of the issue (including the issue price, timing of the Issue and other related matters). The announcement was made after market hours yesterday, 15 November 2018.
Venus Remedies announced positive Top-Line results in the Phase-3 Clinical Trials for its flagship product ELORES. Elores is a novel, patented critical care antibiotic combination targeting unmet medical needs in Antimicrobial Resistance (AMR) space. The announcement was made after market hours yesterday, 15 November 2018.
Punjab & Sind Bank has reviewed the Marginal Cost of Fund Based Lending Rate (MCLR) for different tenors effective from 16 November 2018. Overnight MCLR was set at 8% and one-year MCLR at 8.8%. The announcement was made after market hours yesterday, 15 November 2018.