India Daybook Stocks in News
*Cyient:* Company signs agreement with Deutsche Aircraft to design rear fuselage section of D328eco Aircraft (Positive)
*Dr Reddy’s:* Company signs exclusive distribution agreement with Sanofi Healthcare India to promote & distribute the vaccine brands of Sanofi Healthcare in India (Positive)
*Welspun Corp:* Company’s unit to invest ₹2,355 cr to set up mfg units. (Positive)
*Balmer Lawrie:* Company to set up Rs 230 crore free trade warehousing zone in SEZ of Jawaharlal Nehru Port Authority (Positive)
*Man Industries:* Company’s' unit begins first ERW mill operations in Gujarat with installed capacity of 50,000 MTPS. (Positive)
*Info Edge:* Company agreed to invest 300m rupees in unit Naukri internet services (Positive)
*BHEL:* Company gets order from Adani Power for setting up 2x800 megawatt thermal power plant at Raigarh. (Positive)
*Varun Beverages:* Company completes acquisition of South Africa-based Beverage Company along with its wholly-owned subsidiaries. (Positive)
*Annapurna:* Company acquires six-decade-old Arati brand mustard oil from R R Proteins for consideration of Rs 28 crore. (Positive)
*PCBL:* Company approved issuance of upto 16m warrants at a price of 280 rupees per warrants (Positive)
*Infosys:* Company and Handelsblatt media group announce strategic collaboration (Positive)
*Andhra Sugar:* Company says new salicylic acid plant of 2,640 tpa at tanuku location has been successfully commissioned (Positive)
*Tata Elxsi:* Company partners with Drager to advance critical care innovation in India. (Positive)
*Mahickra Chemicals:* Company gets export orders from market of egypt & turkey worth around $250,000 (Positive)
*Shriram Pistons:* Company’s unit started its manufacturing operations at its manufacturing facility in Madhya Pradesh. (Positive)
*Bluedart:* Company introduces 20-hour delivery service to gift city from major metros. (Positive)
*GOCL Corp:* Company signed MoU with Squarespace lnfra for monetization of approx. 264.50 acres of land situated at Kukatpally, Hyderabad (Positive)
*Sree Raylaseema:* Company says commencement of commercial production of sodium metal with capacity of 2 tons per day. (Positive)
*Biocon:* Company receives UK Healthcare Department’s approval for Diabetes drug Liraglutide, becoming the first Generics company to obtain approval for Diabetes drug in the UK (Positive)
*Mahindra Lifespaces:* Company purchases nearly 2 acres of land in Bengaluru, gross development value at ₹225 cr (Positive)
*Bank of Maharashtra:* Government appoints Nidhu Saxena as MD & CEO of Bank of Maharashtra w.e.f. March 27 (Positive)
*P&G Hygiene and Health Care:* Reaches an agreement with tax authorities for certain transactions with its affiliate (Positive)
*Adani Power:* Reliance enters into a 20-yr power purchase agreement with AdaniPower arm with an investment of ₹50 cr (Positive)
*Unichem Labs:* Santosh Mahil resigns as Chief Commercial and International Business Development Officer (Neutral)
*REC:* Company approves Rs 1.6 lakh crore market borrowing plan for FY25 (Neutral)
*SRF:* Company provided Rs 190 crore corporate guarantee for Thailand arm SRF Industries (Neutral)
*Chalet Hotels:* Company opens QIP for raising up to Rs 2,000 crore. (Neutral)
*IDFC FIRST Bank:* Cloverdell Investment likely to sell its entire 2.25% stake in IDFC FIRST Bank. (Neutral)
*Axis Bank:* Revises lounge access rules for select debit cards, changes effective from May 1. (Neutral)
*ICICI Bank:* ICICI Securities shareholders approve delisting of company. (Neutral)
*NLC India:* Company defers proposal to raise $600 million foreign currency loan (Neutral)
*BSE:* Company to launch Brent Crude & WTI futures contract and options on futures contract. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
