Su-raj Diamonds and Jewellery has allotted 3.63 crore shares at issue price of Rs 55 per share to FIIs. It has allotted 35% preferential equity to 4 FIIs, reports CNBC-TV18.
Venus Remedies has got patent for research product Vancoplus in Japan. It will outlicense Vancoplus product to major pharma players, reports CNBC-TV18.
Reliance Broadcast Network is going to launch 3 BIG CBS channels in Sri Lanka. The company will get license fee for channels in Sri Lanka. It has tied up with Lanka Broadband for Sri Lankan market, reports CNBC-TV18, quoting Newswire18.
Hindustan Motors special committee proposed preference issue of 1.18 crore shares at 12.25 per share to Amer Investments subject to approval, reports CNBC-TV18.
The Supreme Court (SC) has cancelled 122 licenses issued after January 2008. TRAI will make fresh recommendations on grant of licenses. Also, all spectrum issues post Jan 2008 to be cancelled. The government will take decision on licenses 1 month post TRAI recommendation, reports CNBC-TV18.