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Buzzing Stocks
· Tata Steel, the largest shareholder in Africa-focused miner Riversdale, has not yet decided whether to counter Rio Tinto's $3.9 billion bid for the company.
· Drug firm Venus Remedies has received patent grants for its antibiotic drug Sulbactomax from Russian and Ukrainian authorities.
· Engineering company KEC International on Monday said it has bagged orders worth Rs1,018Cr, raising its order book to Rs7,400Cr. These orders include three transmission projects, totaling Rs540Cr, from Rajasthan Rajya Vidyut Prasaran Nigam, Power Grid Corporation of India and South Africa's Eskom.
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