Free Stock Tips for Today (10th July)
Deloitte has submitted its report to the government on the restructuring and revival plan of MTNL. Telecom Ministry will consider the restructuring report. Several suggestions have been given to reduce the debt in the report. The report also mentions merger with BSNL. It has also been suggested to raise VRS and raise money by selling assets such as land.
ICICI Prudential has sold 2.5 percent stake in Omax Auto. ICICI Prudential has sold 5.17 lakh shares of Omax Auto for Rs 3.7 crore. Now the share of ICICI Prudential’s Omax Auto decreased from 5.1 per cent to 2.6 per cent.
Tata Power / Adani Power
Important meeting today for Mundra Plant Gujarat Chief Minister Vijay Rupani and the Power Minister will be present in the meeting. Also, Gujarat Chief Secretary and SBI Chairman will also be in the meeting.
Cadila Health’s generic drug Doksajosin has been approved by the US FDA. Doxasosine is the drug of high blood pressure.
The French regulator will re-examine the Bangalore unit of Biocon. The Bangalore unit of Biocon is accused of poor manufacturing.