On Friday, Dr. Reddy's Laboratories and its subsidiaries informed the bourses, after-market hours that the company launched Colchicine tablets USP in the US markets. The drug is available in 0.6 mg tablets in bottle count sizes of 30s and 100s.

Tata Power Company Limited (TPCL) announced that it has entered into conclusive agreements with Oldendorff Carriers GmbH & Co. KG based in Germany, through its fully-owned subsidiary Trust Energy Resources Pte Limited (TERPL), for the sale of three capesize ships - MV Trust Agility, MV Trust Integrity and MV Trust Amity. This transaction has been initiated as part of the company's plan to reduce its debt.

The PSU index which consists of 57 PSU companies dipped by 30.9 per cent to 4,803.13 as on June 11, 2020 from 6,955.57 as on December 31, 2019. Of the total 57 PSU companies included in the BSE PSU index, only four companies have managed to deliver positive returns to the shareholders as yet in this year whereas the remaining 53 companies’ stocks have tumbled significantly.

Tracking losses from global markets, domestic benchmark indices Sensex and Nifty opened in the red zone on Friday. However, the indices later erased the losses of the morning's trading session as Sensex gained by 242.52 points or 0.72 per cent to close at 33,780.89 while Nifty increased by 70.90 points or 0.72 per cent to settle at 9,972.90.

The board of directors of Hexaware Technologies convened a meeting today with an aim to take a decision on delisting of its shares. The promoter entity HT Global IT Solutions Holdings Limited had voiced its intention to make a voluntary delisting offer

The whole incident including the fire is bound to impact the financials of the company. The current lockdown scenario has already affected the normal demand-supply ratios. Moreover, the impact on its capex plans is likely to spill into the next fiscal from the current year.

The company reported that 97 per cent of loans were repaid using electronic mode of transfer whereas 3 per cent borrowers were unable to pay during lockdown.

The market opened in the red on June 12, 2020. The previous trading session witnessed the Sensex going down by 2.1 percent to end at 33,538 and the Nifty was down 2.1 percent to close at 9,902.

Wheels India Ltd. released its change in credit ratings recieved ICRA on Friday June 12 , 2020. There has been reversions in the credit ratings for commercial paper, medium term deposits and in long and short term loans.