Stocks in news: ZEE, M&M Financial, Dr Reddy's, Wipro, Biocon

Domestic markets have seen a one sided rally, taking heart from the exit polls which have predicted a massive mandate for the Modi government once again. In today's trade, shares of ZEE, M&M Financial, Dr Reddy's, Wipro, Biocon among others will be in focus today due to various news developments.

ZEE
The Board of Zee Entertainment will meet on June 6 to consider and approve a fundraising proposal through issue of equity or any other securities.


M&M Financial
M&M Financial said its May overall disbursements were up 7% in May, while collection efficiency was at 96% for the reporting month.

Dr Reddy's
Dr Reddy's Labs arm Aurigene Pharmaceutical Services opened its biologics facility offering process development and clinical scale manufacturing capabilities in Hyderabad.

ICICI Bank
ICICI Bank has partnered with Adani One launched a co-branded credit cards with airport-linked benefits.

Wipro
Wipro has appointed Bruno Schenk as Country Head & Managing Director for Switzerland, effective immediately.

RVNL
RVNL has received a letter of acceptance for a project worth Rs 440 crore from South Central Railway.

Biocon
Biocon said it secured approval from US FDA for its vertically integrated, complex injectable product micafungin.