Orissa Minerals Development Company shot up by 19 per cent in Thursday’s intraday trade as the company received six iron and manganese ore mines on lease from the state government of Odisha.

Mahindra Defence Systems and Bharat Electronics Limited (BEL) joined hands to harness the emerging opportunities in the Indian Defence sector. The two companies signed a MoU at the ongoing Defence Expo 2018 in Chennai.

Biocon and its partner Mylan ink an in-licensing agreement with Fujifilm Kyowa Kirin Biologics (FKB) to expedite commercialization of Adalimumab biosimilar.

Automobile giant Tata Motors announced its global wholesale figures for March 2018 on Wednesday, sending its share price up by over 2 per cent in early trade on Thursday. 

Following stocks are close to their 52-week low as at 1.09 p.m. on April 12, 2018.

Strides Shasun’s wholly-owned subsidiary Strides Pharma Global Pte. Ltd. has received approval for Cyproheptadine Hydrochloride Tablets from the United States Food & Drug Administration (USFDA), keeping its ANDA approval momentum intact.

The markets on April 12, 2018 opened up. BSE Sensex is trading at 34,034.90, up by 94.46 points and the Nifty is trading at 10,431.75, up by 14.60 points.

The promoter group companies of Dish TV have made a public offer to buy an extra 26 per cent equity stake from the public shareholders of the company for about Rs. 3,701 crore.

Market regulator SEBI (Securities and Exchange Board of India) has directed fund houses to re-categories the universe of their offerings in distinct and new categories specified by the SEBI. Under debt funds category, there are 16 sub categories under which the fund houses need to realign their existing schemes

Leading premier airline operator Jet Airways has leased 12 Boeing 737 MAX8 from GECAS to expand its fleet.