*India Daybook – Stocks in News*
*TVS Supply Chain Solutions:* Company signs a new 5-year strategic contract with Daimler Truck South East Asia Pte Ltd, a Daimler Truck AG company, for ISCS service in Singapore (Positive)
*Waaree Energies:* Company supplies 68 megawatt solar modules to Gensol Engineering for a solar PV project. (Positive)
*IOL Chemicals:* Company received CEP certificate for Pantoprazole Sodium Sesquihydrate for alternative process (Process - II). (Positive)
*Tube Investment:* Company has entered into a ₹160-crore agreement with South Asia Growth Invest III LLC and South Asia EBT Trust III (Positive)
*Raymond:* Company aiming for more significant contribution from real estate and engineering divisions. (Positive)
*B L Kashyap and Sons:* Company gets two new orders aggregating to Rs 1,021 crore (Positive)
*Indigo:* Citigroup Global buys 31 lakh shares of Indigo for ₹1,362 crore. (Positive)
*Railtel:* Company eyes over 30% revenue growth and strong order inflow in FY25 (Positive)
*HCL Tech:* Company and Apobank in $278 mn partnership for 7.5 years. (Positive)
*TCS:* Company launches new IoT engineering lab in Ohio. (Positive)
*Wipro:* Company launches the Lab45 Artificial Intelligence (AI) Platform designed to increase Efficiencies & Transform Business Functions (Positive)
*Oracle:* Parent company Oracle reports strong bookings, Open AI partners with Parent company Oracle Cloud Infrastructure for hosting services (Positive)
*Go Digit:* Gross Written Premium at ₹ 2,336 cr vs ₹ 1,955 cr in Q4FY23, up 19.5%. (Positive)
*Dollar Ind:* To Open 50 Exclusive Brand Outlet across South India by 2027, Aims 50% Sales Growth in South India in 2024-25 (Positive)
*ICICI Bank:* NCLAT issues notice to ICICI Bank regarding Jai prakash Associates asking it to consider a one-time settlement. (Neutral)
*LTI Mindtree:* Company opens regional headquarters in Riyadh. (Neutral)
*Biocon:* Company has approved the appointment of Mr. Mukesh Kamath, Head - Business Finance R&D, as the Interim CFO (Neutral)
*Tata Technologies:* Company has deployed SAP S/4 HANA, for Mitsubishi Electric India Pvt. Ltd for digital transformation. (Neutral)
*State Bank of India:* Company board has approved raising up to $3 billion via debt in the current financial year.. (Neutral)
*Kotak Mahindra Bank:* SBI Mutual Fund has raised its stake in Kotak Mahindra Bank to over 5%, increasing stake to 5.01%. (Neutral)
*Castrol India:* Company board appoints Kedar Lele as MD for 5 years w.e.f. November 1. (Neutral)
*Zomato:* Apart from its 300 crore investment in Blinkit, Zomato will invest Rs 100 crore in its entertainment division. (Neutral)
*Patanjali Foods:* Company clarifies on report of Patanjali Ayurved’s non-food business to be merged with company. (Neutral)
*PDS Limited:* Co Says Bottom-line Profit Growth Expected To Be +15% in FY25, GMV Expected To Clock +20% Growth in FY25 (Neutral)
*NHPC:* Board of JV National High Power Test Laboratory (NHPTL) approves transfer of 1.31 cr NHPC shares to Power Grid. (Neutral)
*IRB Infra:* Ferrovial sells 5% stake in IRB for €214 million (Neutral)
*Indigo:* Rahul Bhatia's InterGlobe Enterprises divested a 2% stake in a low-cost airline for ₹3,367.30 crore. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
