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CAPITALSTARS – TOP CORPORATE NEWS – 11 DEC 2017

Colgate Palmolive announces second interim dividend of Rs4 per equity share Colgate Palmolive (India) (CPIL) has declared a second interim dividend of Rs4 per equity share for the financial year ending March 31, 2018. This dividend will be paid on the paid-up equity share capital of Rs27.20cr involving a total payout of Rs131cr (including dividend

CAPITALSTARS – TOP CORPORATE NEWS – 08 DEC 2017

MGL plans to add 20 new stations in FY18 on track The management of Mahanagar Gas Ltd (MGL) confirmed that the company is well on track to 20 stations by FY18, in an interview to the press. The management also expects that by the end of December 2017, 11-12 new stations would be added to

CAPITALSTARS – TOP CORPORATE NEWS – 07 DEC 2017

Quess Corp gets NCLT approval for merging MIS’ businesses In November 2016, Quess Corp (Quess) had announced its acquisition of FM business of MIS. The merger is likely to help Quess strengthen its market position in the integrated facility management space in India. The acquisition scheme will be effective from December 01, 20166. As per

CAPITALSTARS – TOP CORPORATE NEWS – 06 DEC 2017

Dalmia Bharat to bid for debt laded Binani Cement with Piramal Bain fund Dalmia Bharat Cement has entered into an agreement with Piramal Bain Resurgence fund to bid for debt-laden Binani Cement Ltd, as per media sources. Piramal Bain Resurgence fund is an Ajay Piramal and American private equity fund, Bain Capital Credit, venture. Binani

CAPITALSTARS – TOP CORPORATE NEWS – 01 DEC 2017

Biocon gets EU regulator nod for trastuzumab biosimilar Mylan N.V. and Biocon announced that the European Medicines Agency (EMA) has accepted for review Mylan’s Marketing Authorization Applicat- ions (MAA) for proposed biosimilar trastuzumab and proposed biosimilar pegfilgrastim. EMA acceptance of the submissions follows an earlier withdrawal of both applications in response to an audit conducted

CAPITALSTARS – TOP CORPORATE NEWS – 30 NOV 2017

Ashok Leyland to set-up bus manufacturing unit in Andhra Pradesh Ashok Leyland will set up a bus manufacturing unit in Krishna district of Andhra Pradesh where 4,800 buses will be produced per annum. The company would set up its plant on a 75-acre site at the Mallavalli Industrial Estate and provide employment to 5,000 people.

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