Stock Market News

 Stock Market News on 18-07-2011

ROLTA ACQUIRED THE ACLS

Rolta publicize today that it has acquired the public safety and emergency response company ACLS Systems, FZC through complete asset purchase. This acquisition includes acquiring the full portfolio of ACLS software technology including source code, design documentation, IPR rights and all other related materials, along with exclusive world-wide sales and marketing rights and the hiring of ACLS employees onto the Rolta Team.

GLENMARK GOT THE FINAL APPROVEL

Glenmark Generics on July 18, announced that it has been granted final approval for its abbreviated new drug application (ANDA) by the US Food & Drug Administration (USFDA) for Nizatidine Capsules.

NEW ENTRANTS IN NSE’S F&O SEGMENT

Trading in eight additional stocks on the National Stock Exchange's futures and options (F&O) segment starts today, 18 July 2011.The new entrants are Arvind, BF Utilities, Gitanjali Gems, JSW Energy, Jubilant FoodWorks, The South Indian Bank, TTK Prestige and VIP Industries.

ZEE ANNOUNCED THE BUYBACK

Zee Entertainment Enterprises announced the buyback of its fully paid-up equity shares of the face value of Rs. 1 each. The Company proposes to buyback a minimum of 12,600,000 equity shares.

A  HONCONG CO. MAY ACCQUIRE STAKE IN JMD TELEFILMS

JMD Telefilms Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 25, 2011, to consider the proposal received by them from Century Exports Ltd. Hongkong to acquire a majority shareholding in JMD Telefilms Industries Ltd.