Zydus signs agreement with TLC to commercialise black fungus treatment drug https://www.dsij.in/DSIJArticleDetail/ArtMID/10163/ArticleID/18496/Zydus-signs-agreement-with-TLC-to-commercialise-black-fungus-treatment-drug#.YK6YOkT1MZ4.whatsapp
Dalal Street Investment Journal
Zydus signs agreement with TLC to commercialise black fungus treatment drug
Zydus Cadila, a leading pharmaceutical company, announced today that it has entered into a licence supply & commercialisation agreement with Taiwan Liposome Company (TLC), a...
*Economic Times*
*Business Standard*
Ø Pension corpus under PFRDA swells over Rs 6 lakh crore
Ø ICAI says Reserve Bank's new auditor norms to enhance audit quality
Ø Air India unions' joint forum seeks forensic audit of provident fund trusts
Ø DGFT services on trader code, Aadhaar link to remain suspended from June 1-6
Ø iTel, Jio tie up to offer sub-4K 4G phone
Ø Declare apparel exports as essential services, exempt exporting units from lockdowns: AEPC
Ø Sebi plans to shield small investors from presumably 'risky' IPOs
Ø BPCL posts net profit of Rs 11,940 cr in Q4, to pay final dividend of Rs 58
Ø Indian mills sign sugar export deals without government subsidy
Ø Inflation back on higher input prices, rural economy disruptions: Crisil
Ø Credit Suisse cuts metals stocks from overweight to underweight
Ø Amazon to buy MGM, studio behind James Bond and 'Shark Tank', for $8.4 bn
*Business Line*
*Mint*
Ø GST Council may correct the inverted duty structure for textiles, footwear industries
Ø Centre may need to borrow $22 billion more to pay States
Ø Retail sales down 49% in April against pre-pandemic levels: RAI survey
Ø GMR Hyderabad Air Cargo expands Pharma Zone
Ø India adds 2.05 GW of solar capacity in CY Q1 2021
Ø V-Guard Industries Q4 PAT up 112% at ₹68.4 crore on higher sales
Ø Vijay Mallya loses UK appeal for more funds to cover Indian legal fees
Ø Iran bans bitcoin mining, echoing China, after blackouts
Ø Black fungus: Zydus Cadila to market TLC's AmphoTLC drug in India
Ø Gold prices hit 4-month high on weak dollar, bond yields
Ø Two- and three-wheelers to take the lead in electric mobility by 2025: ICRA
Ø Tech Mahindra bags five-year digital contract from UK-based Pret A Manger
*Financial Express*
*Business World*
Ø Nearly 60% Covid-hit startups, MSMEs may scale down, shut down, or sell themselves in 6 months: Survey
Ø Gross NPAs of banks likely to decline in FY21 amid MSME schemes, restructuring, write-offs: CARE Ratings
Ø Hitachi ABB Power Grids In India Announces Carbon-Neutral Program
Ø Berger Paints Q4 Profit More Than Doubles To Rs 209 Cr
Ø Manappuram Finance Q4 Net Profit Jumps 17 % To Rs 468 Cr
*Business Standard*
Ø Pension corpus under PFRDA swells over Rs 6 lakh crore
Ø ICAI says Reserve Bank's new auditor norms to enhance audit quality
Ø Air India unions' joint forum seeks forensic audit of provident fund trusts
Ø DGFT services on trader code, Aadhaar link to remain suspended from June 1-6
Ø iTel, Jio tie up to offer sub-4K 4G phone
Ø Declare apparel exports as essential services, exempt exporting units from lockdowns: AEPC
Ø Sebi plans to shield small investors from presumably 'risky' IPOs
Ø BPCL posts net profit of Rs 11,940 cr in Q4, to pay final dividend of Rs 58
Ø Indian mills sign sugar export deals without government subsidy
Ø Inflation back on higher input prices, rural economy disruptions: Crisil
Ø Credit Suisse cuts metals stocks from overweight to underweight
Ø Amazon to buy MGM, studio behind James Bond and 'Shark Tank', for $8.4 bn
*Business Line*
*Mint*
Ø GST Council may correct the inverted duty structure for textiles, footwear industries
Ø Centre may need to borrow $22 billion more to pay States
Ø Retail sales down 49% in April against pre-pandemic levels: RAI survey
Ø GMR Hyderabad Air Cargo expands Pharma Zone
Ø India adds 2.05 GW of solar capacity in CY Q1 2021
Ø V-Guard Industries Q4 PAT up 112% at ₹68.4 crore on higher sales
Ø Vijay Mallya loses UK appeal for more funds to cover Indian legal fees
Ø Iran bans bitcoin mining, echoing China, after blackouts
Ø Black fungus: Zydus Cadila to market TLC's AmphoTLC drug in India
Ø Gold prices hit 4-month high on weak dollar, bond yields
Ø Two- and three-wheelers to take the lead in electric mobility by 2025: ICRA
Ø Tech Mahindra bags five-year digital contract from UK-based Pret A Manger
*Financial Express*
*Business World*
Ø Nearly 60% Covid-hit startups, MSMEs may scale down, shut down, or sell themselves in 6 months: Survey
Ø Gross NPAs of banks likely to decline in FY21 amid MSME schemes, restructuring, write-offs: CARE Ratings
Ø Hitachi ABB Power Grids In India Announces Carbon-Neutral Program
Ø Berger Paints Q4 Profit More Than Doubles To Rs 209 Cr
Ø Manappuram Finance Q4 Net Profit Jumps 17 % To Rs 468 Cr
*SGX Nifty -36 pts (15266) from last trade 15302 ,*
Nikkei -253 pts ,
Hangseng -168 pts ,
Now @6.52am .
Dow +10.59 pts ,Nsdq +80.82 pts, S&P
+7.82 pts, Bovespa +1001 pts , Ftse -2 pts , Dax -14 pts , Cac +1 pts , Crude @ $66.11 brl (-0.10), Brent @ $68.87 brl (-0.00) , Gold @ 1897.00 (-4.60), Silver @ $27.775 (-0.10), Euro @ $1.2187, JPY @ $109.16, INR @ 72.725
*Today's Corporate Action*
*27th May Ex Date*
AVANTEL
Final Dividend - Rs. - 4.0000
CIGNITI
Final Dividend - Rs. - 2.5000
INDINFR
Income Distribution (InvIT)
*Today's Key Results/Board Meetings*
*27-May-21*
63MOONS
Audited Results;Dividend;Quarterly Results
ADORFO
A.G.M.;Audited Results;Dividend
AEGISLOG
Audited Results;Final Dividend
AIIL
General;Stock Split
ALKYLAMINE
Audited Results
AMALGAM
Audited Results;General
AMRUTANJAN
Audited Results;Final Dividend
AXTEL
Audited Results
BANARBEADS
Audited Results;Quarterly Results
BBL
Audited Results;Dividend
BLACKROSE
Audited Results;Dividend
BLUECHIPT
Audited Results;General
BOROLTD
A.G.M.;Audited Results;Dividend;General;Quarterly Results
BSELINFRA
Audited Results
CADILAHC
Audited Results;Final Dividend
CGCL
Audited Results;Dividend;General;Quarterly Results
COCKERILL
Audited Results;Final Dividend
COLINZ
Quarterly Results
CORALAB
General
DIXON
Audited Results;Final Dividend;Preferential Issue of shares
EICHERMOT
Audited Results;Final Dividend
ELECON
Audited Results;Dividend;General
EVERESTIND
Audited Results;Final Dividend
FINEORG
Audited Results;Final Dividend
GARFIBRES
Audited Results;Final Dividend
GCMCOMM
General
GIPCL
Audited Results;Dividend
GOLDENCREST
Audited Results;General;Quarter
GOODYEAR
Audited Results;Final Dividend
GPPL
Audited Results;Final Dividend;General
GRMOVER
Audited Results;Bonus issue;General
GRNLAMIND
Audited Results;Final Dividend
GRWRHITECH
Audited Results;Dividend
GSFC
Audited Results;Dividend
GTL
Audited Results
HAWKINCOOK
Audited Results;Final Dividend
HEG
Audited Results;Final Dividend
HONDAPOWER
Audited Results;Dividend
IDM
Audited Results
INDIGRID
Audited Results;General
INFIBEAM
Audited Results;Final Dividend
INFRATRUST
Audited Results
IRB
Audited Results
JINDALSAW
Audited Results;Dividend;Quarterly Results
KALYANKJIL
Audited Results
KIOCL
Audited Results;Final Dividend
KOPRAN
Audited Results;Final Dividend
KREBSBIO
Audited Results
KUNSTOFF
Audited Results;General
LELAVOIR
Audited Results
LIKHAMI
Audited Results;General;Quarterly Results
MANORG
Audited Results;Final Dividend
MEDICO
Audited Results;General
MERCURYLAB
A.G.M.;Audited Results;Final Dividend;Quarterly Results
METROPOLIS
Audited Results;General
MITSU
Audited Results;Final Dividend;Quarterly Results
MODCL
Audited Results;Increase in Authorised Capital
MORGANITE
Audited Results;Final Dividend;General
NAVNETEDUL
Audited Results;Buy Back of Shares
NOCIL
Audited Results
NOL
Audited Results
ONWARDTEC
Preferential Issue of shares
PAGEIND
Audited Results
PARSHINV
Audited Results;Quarterly Results
PCJEWELLER
Audited Results
PDSMFL
Audited Results;Final Dividend
PHOENIXLTD
Audited Results
PRADPME
Audited Results;Final Dividend
PRIMAPLA
Audited Results;Final Dividend
PUNJABCHEM
Audited Results;Final Dividend
PUROHITCON
Quarterly Results
RAMSONS
Audited Results;Quarterly Results
RANEHOLDIN
Audited Results
RCF
Audited Results;Final Dividend
REDINGTON
Audited Results;Final Dividend
RVHL
Audited Results
SANGHVIMOV
Audited Results
SGIL
Audited Results
SHK
Audited Results;Final Dividend
SIMPLXMIL
Audited Results;Consolidation of Shares
SIMPLXPAP
Audited Results;Consolidation of Shares
SIYSIL
Audited Results;Dividend
SKYLMILAR
Audited Results
SOLARINDS
Audited Results;Final Dividend
STAR
Audited Results
STHINPA
A.G.M.;General
STYLAMIND
Audited Results
SUNPHARMA
Audited Results;Final Dividend
SURYODAY
Audited Results
SUYOG
Audited Results
THEMISMED
Audited Results;Final Dividend
THOMASCOOK
Audited Results
TNTELE
Nikkei -253 pts ,
Hangseng -168 pts ,
Now @6.52am .
Dow +10.59 pts ,Nsdq +80.82 pts, S&P
+7.82 pts, Bovespa +1001 pts , Ftse -2 pts , Dax -14 pts , Cac +1 pts , Crude @ $66.11 brl (-0.10), Brent @ $68.87 brl (-0.00) , Gold @ 1897.00 (-4.60), Silver @ $27.775 (-0.10), Euro @ $1.2187, JPY @ $109.16, INR @ 72.725
*Today's Corporate Action*
*27th May Ex Date*
AVANTEL
Final Dividend - Rs. - 4.0000
CIGNITI
Final Dividend - Rs. - 2.5000
INDINFR
Income Distribution (InvIT)
*Today's Key Results/Board Meetings*
*27-May-21*
63MOONS
Audited Results;Dividend;Quarterly Results
ADORFO
A.G.M.;Audited Results;Dividend
AEGISLOG
Audited Results;Final Dividend
AIIL
General;Stock Split
ALKYLAMINE
Audited Results
AMALGAM
Audited Results;General
AMRUTANJAN
Audited Results;Final Dividend
AXTEL
Audited Results
BANARBEADS
Audited Results;Quarterly Results
BBL
Audited Results;Dividend
BLACKROSE
Audited Results;Dividend
BLUECHIPT
Audited Results;General
BOROLTD
A.G.M.;Audited Results;Dividend;General;Quarterly Results
BSELINFRA
Audited Results
CADILAHC
Audited Results;Final Dividend
CGCL
Audited Results;Dividend;General;Quarterly Results
COCKERILL
Audited Results;Final Dividend
COLINZ
Quarterly Results
CORALAB
General
DIXON
Audited Results;Final Dividend;Preferential Issue of shares
EICHERMOT
Audited Results;Final Dividend
ELECON
Audited Results;Dividend;General
EVERESTIND
Audited Results;Final Dividend
FINEORG
Audited Results;Final Dividend
GARFIBRES
Audited Results;Final Dividend
GCMCOMM
General
GIPCL
Audited Results;Dividend
GOLDENCREST
Audited Results;General;Quarter
GOODYEAR
Audited Results;Final Dividend
GPPL
Audited Results;Final Dividend;General
GRMOVER
Audited Results;Bonus issue;General
GRNLAMIND
Audited Results;Final Dividend
GRWRHITECH
Audited Results;Dividend
GSFC
Audited Results;Dividend
GTL
Audited Results
HAWKINCOOK
Audited Results;Final Dividend
HEG
Audited Results;Final Dividend
HONDAPOWER
Audited Results;Dividend
IDM
Audited Results
INDIGRID
Audited Results;General
INFIBEAM
Audited Results;Final Dividend
INFRATRUST
Audited Results
IRB
Audited Results
JINDALSAW
Audited Results;Dividend;Quarterly Results
KALYANKJIL
Audited Results
KIOCL
Audited Results;Final Dividend
KOPRAN
Audited Results;Final Dividend
KREBSBIO
Audited Results
KUNSTOFF
Audited Results;General
LELAVOIR
Audited Results
LIKHAMI
Audited Results;General;Quarterly Results
MANORG
Audited Results;Final Dividend
MEDICO
Audited Results;General
MERCURYLAB
A.G.M.;Audited Results;Final Dividend;Quarterly Results
METROPOLIS
Audited Results;General
MITSU
Audited Results;Final Dividend;Quarterly Results
MODCL
Audited Results;Increase in Authorised Capital
MORGANITE
Audited Results;Final Dividend;General
NAVNETEDUL
Audited Results;Buy Back of Shares
NOCIL
Audited Results
NOL
Audited Results
ONWARDTEC
Preferential Issue of shares
PAGEIND
Audited Results
PARSHINV
Audited Results;Quarterly Results
PCJEWELLER
Audited Results
PDSMFL
Audited Results;Final Dividend
PHOENIXLTD
Audited Results
PRADPME
Audited Results;Final Dividend
PRIMAPLA
Audited Results;Final Dividend
PUNJABCHEM
Audited Results;Final Dividend
PUROHITCON
Quarterly Results
RAMSONS
Audited Results;Quarterly Results
RANEHOLDIN
Audited Results
RCF
Audited Results;Final Dividend
REDINGTON
Audited Results;Final Dividend
RVHL
Audited Results
SANGHVIMOV
Audited Results
SGIL
Audited Results
SHK
Audited Results;Final Dividend
SIMPLXMIL
Audited Results;Consolidation of Shares
SIMPLXPAP
Audited Results;Consolidation of Shares
SIYSIL
Audited Results;Dividend
SKYLMILAR
Audited Results
SOLARINDS
Audited Results;Final Dividend
STAR
Audited Results
STHINPA
A.G.M.;General
STYLAMIND
Audited Results
SUNPHARMA
Audited Results;Final Dividend
SURYODAY
Audited Results
SUYOG
Audited Results
THEMISMED
Audited Results;Final Dividend
THOMASCOOK
Audited Results
TNTELE
Audited Results
TOWERINFRA
Audited Results
TTKHEALTH
Audited Results;Final Dividend
UCOBANK
Audited Results;General
UNIABEXAL
Audited Results;Dividend
WATERBASE
Audited Results;Dividend
WOCKPHARMA
Audited Results;General
ZKOVALIN
Quarterly Results
*Stock under F&O ban on NSE*
*27-May-21*
1AMARAJABAT
2CANBK
TOWERINFRA
Audited Results
TTKHEALTH
Audited Results;Final Dividend
UCOBANK
Audited Results;General
UNIABEXAL
Audited Results;Dividend
WATERBASE
Audited Results;Dividend
WOCKPHARMA
Audited Results;General
ZKOVALIN
Quarterly Results
*Stock under F&O ban on NSE*
*27-May-21*
1AMARAJABAT
2CANBK
*Good Morning*
• India Said to Need $22 Billion of More Borrowings for States
• WhatsApp Sues India Government Over New Internet Rules
• Sugar Market Set for Second Straight Surplus in 2021-22: USDA
• Al Ruwais Heading for India After Loading First U.S. LNG Cargo
• BRICS Q2 CPI Forecast Rises; South Africa Up to 4.7%
• Global Funds Buy Net INR2.42B of India Stocks on Wednesday: NSE
o Domestic funds sell net 4.39b rupees of stocks
• Foreigners Buy Net INR47.5B Indian Equity Derivatives Wednesday
• Govt may announce stimulus when unlock phase commences: PTI
• PM says vaccine absolutely important to save lives, defeat Covid: PTI
• Adani Enterprises (ADE): Incorporates unit Mahanadi Mines and Minerals
• Bharat Petroleum (BPCL): 4Q net income 119.4b rupees vs. loss 13.6b y/y, beats est. 19.8b; Has 4Q exceptional income 69.9b rupees; to pay 58 rupees/shr dividend
• Berger Paints (BRGR): 4Q net income 2.1b rupees vs. 1.04b y/y, beats est. 1.9b; Revenue +50% to 20.3b
• Burger King India (BURGERKI): 4Q net loss 259.4m rupees, revenue 1.96b
• Cummins India (KKC): 4Q net income +58% y/y to 1.86b rupees, beats est. 1.77b; revenue +19% to 12.3b
• Karnataka Bank (KBL): 4Q profit 313.6m rupees Vs. 273.1m Y/y; Provisions 3.42b q/q; Gross NPA 4.91% vs 3.16% q/q
• Kotak Mahindra Bank (KMB): To consider bonds/debt securities plan on May 29
• Pfizer India (PFIZ): 4Q net Income 1.01b rupees Vs. 1.03b Y/y; Revenue +7% to 5.35b; to pay 30 rupees/shr dividend
• Syngene International (SYNG): Dyadic International partners with Syngene for development of Covid-19 vaccine in India
• India Said to Need $22 Billion of More Borrowings for States
• WhatsApp Sues India Government Over New Internet Rules
• Sugar Market Set for Second Straight Surplus in 2021-22: USDA
• Al Ruwais Heading for India After Loading First U.S. LNG Cargo
• BRICS Q2 CPI Forecast Rises; South Africa Up to 4.7%
• Global Funds Buy Net INR2.42B of India Stocks on Wednesday: NSE
o Domestic funds sell net 4.39b rupees of stocks
• Foreigners Buy Net INR47.5B Indian Equity Derivatives Wednesday
• Govt may announce stimulus when unlock phase commences: PTI
• PM says vaccine absolutely important to save lives, defeat Covid: PTI
• Adani Enterprises (ADE): Incorporates unit Mahanadi Mines and Minerals
• Bharat Petroleum (BPCL): 4Q net income 119.4b rupees vs. loss 13.6b y/y, beats est. 19.8b; Has 4Q exceptional income 69.9b rupees; to pay 58 rupees/shr dividend
• Berger Paints (BRGR): 4Q net income 2.1b rupees vs. 1.04b y/y, beats est. 1.9b; Revenue +50% to 20.3b
• Burger King India (BURGERKI): 4Q net loss 259.4m rupees, revenue 1.96b
• Cummins India (KKC): 4Q net income +58% y/y to 1.86b rupees, beats est. 1.77b; revenue +19% to 12.3b
• Karnataka Bank (KBL): 4Q profit 313.6m rupees Vs. 273.1m Y/y; Provisions 3.42b q/q; Gross NPA 4.91% vs 3.16% q/q
• Kotak Mahindra Bank (KMB): To consider bonds/debt securities plan on May 29
• Pfizer India (PFIZ): 4Q net Income 1.01b rupees Vs. 1.03b Y/y; Revenue +7% to 5.35b; to pay 30 rupees/shr dividend
• Syngene International (SYNG): Dyadic International partners with Syngene for development of Covid-19 vaccine in India