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Buzzing Stocks
· Ranbaxy and MSD, the Indian arm of Merck & Co, has reportedly said that they have terminated the drug discovery programme to develop anti-bacterial and antifungal medicines.
· Reliance Power is planning to take its renewable energy (wind and solar) capacity to 1,000 MW in next two-three years.
· TCS to setup a `1500Cr mega global learning centre in Kerala.
· Lupin lines up for acquisitions in Latin America, in talks with at least a couple of candidates in Brazil & Mexico.
· Apollo Hospitals will invest nearly `1000Cr to setup 12 new hospitals in small towns across the country over the next two years.
· BHEL plans to float a non banking financial company to finance power projects.
· NMDC has got a conditional approval from the Environment and Forest Ministry for a `274Cr limestone project in the Solan district of Himachal Pradesh.
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