India Daybook Stocks in News
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*Cyient:* Company signs a multi-year services agreement with Airbus for cabin & cargo engineering. (Positive)
*Sanofi:* Company in exclusive distribution agreement with Emcure Pharmaceuticals for Sanofi’s Cardiovascular brands (Positive)
*Zydus Life sciences:* Company introduces IBYRA for cancer patients in India (Positive)
*Dynamatic Technologies:* Company inks pact with Deutsche Aircraft to manufacture rear fuselage for regional aircraft D328eco (Positive)
*PC Jewel:* SBI accepts PC Jeweller’s one time settlement (OTS) proposal to settle the outstanding dues. (Positive)
*Power Mech Projects:* Company incorporates new wholly-owned subsidiary PMTS to design & develop technologies required for construction companies. (Positive)
*Dronacharya:* Company awarded service order from Adani to provide DGCA certified drone pilot training (Positive)
*Indian Hume Pipe:* Company gets order worth Rs 230 crore from Telangana Government for water supply & sewerage projects (Positive)
*RVNL/Salasar:* RVNL and Salasar JV has received LoA, The total cost of project is Rs 173.0 crore (Positive)
*ITC:* In a block deal Govt of Singapore bought 9.15 cr shares; ICICI Prudential Mutual Fund bought 59 lakh shares (Positive)
*Azad Engineering:* Company signed a $35 million with the steam power business of GE Vernova for the supply of high-complex rotating airfoils. (Positive)
*KEC International:* Company has secured new orders of Rs 2,257 crore across its various businesses including transmission & distribution projects in India (Positive)
*Shriram Properties:* Company has launched a new residential project under the ‘Codename Ultimate,’ with a project revenue potential of ₹350 crore. (Positive)
*Som Dist:* Board Meeting to be held on 02 Apr 2024 to consider Stock split. (Positive)
*Dr Reddy:* Company has received an order from GST Authority towards tax demand of Rs 3.06 crore. (Neutral)
*Reliance Ind:* Company to acquire 13.01% stake of Paramount entities in Viacom18 for ₹4,286 cr. (Neutral)
*IIFL Finance:* Company approves raising up to Rs 1,500 crore via issue of shares. (Neutral)
*Cholamandalam Investment:* Company purchases land worth Rs 735 crore from DLF IT Offices Chennai admeasuring 4.67 acres. (Neutral)
*BPCL:* Company to establish CBG plants in Raipur Bhilai with an investment of Rs 100 cr each (Neutral)
*Tata Motors:* Company signs MoU with Tamil Nadu Government to set-up vehicle manufacturing facility. (Neutral)
*Balkrishna Industries:* IT department conducting search at office premises, manufacturing units of company since March 11. (Neutral)
*Adani Ent:* AdaniConneX’s Hyderabad site gets five-star grading from British Safety Council. (Neutral)
*Vedanta:* Company to appeal SEBI order directing company to pay Rs 77.6 crore to Cairn U.K. before the appropriate forum (Neutral)
*L&TFH:* Company will continue to offer range of financial products & services under brand name 'L&T Finance'. (Neutral)
*HAL:* Defense Ministry approves acquisition of 34 New Dhruv Helicopters For Army, Indian Coast Guard worth Rs 8073 crore. (Neutral)
*Federal Bank:* Company stops issuance of new co-branded credit cards.
*South Indian Bank:* Bank is advised not to on-board fresh customers in co-branded credit cards until the bank fully complies with regulatory guidelines.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
