India Daybook Stocks in News
*Mastek:* Company introduces icxPro platform with Nvidia AI (Positive)
*Muthoot Microfin:* Company enters into co-lending agreement with SBI to empower women entrepreneurs (Positive)
*Dixon Tech:* Company signs term sheet with HKC Corp for prospective Joint Venture (Positive)
*Wipro:* Company gets order worth of $ 500 mln (Rs 4175 crore) by U.S. communication company. (Positive)
*Zen Tech:* Company gets India Patent for TZS (Laser Boresighting), it’s valid up to July 22, 2036. (Positive)
*Indoco Remedies:* Company gets tentative USFDA nod for generic of Invokamet (Positive)
*Orchid Pharma:* Company receives DCGI approval to market a new antibiotic drug combination. (Positive)
*Ashoka:* Company executes EPC agreement worth euros 18.50 m with Serneke International Group AB, Sweden. (Positive)
*RVNL:* Company receives Letter of Award from National Thermal Power Corporation for Project Execution Agency (PEA) contract worth Rs.495 crore. (Positive)
*MPHASIS:* Company earns specialized pega partner distinction in americas for insurance (Positive)
*Bajaj Finance:* Bajaj Housing Finance: Company approves an initial public offering of Rs 4,000 cr new shares (Positive)
*Tvs Srichakra:* Company Says Tvs Eurogrip Tyres Launches Steel Belted Agro Industrial Radial Tyres at the Tire Show in Cologne, Germany (Positive)
*IRB Infra:* The combined toll collections for the month amounted to ₹536 crore, up from ₹411 crore collected in May 2023 (Positive)
*Welspun Enterprises:* Indian Oil Corp agrees to amicably settle suit by mediation proceeds by Delhi HC (Positive)
*Allcargo:* Company signs MoU with Kences Container Terminal (KCTL) to operate a KCTL’s container freight station at Chennai for business/ capacity expansion (Positive)
*Mankind Pharma:* Consortium of Warbug Pincus and Chrys Capital will compete with TPG, Blacstong, EQT & Mankind to acquire BSV Group (Positive)
*HUL:* Company appoints Arun Neelakantan as Executive Director with effect from July 1 (Neutral)
*Pidilite:* Company divests its entire shareholding in an associate company, Climacrew (Neutral)
*ICICI Bank:* SEBI issues administrative warning to ICICI Bank on outreach for ICICI Securities delist. (Neutral)
*Tata Steel:* NCLT approves Scheme of Amalgamation of Bhubaneshwar Power Private with company. (Neutral)
*Zee Entertainment:* Company’s board has approved a fund raise of up to ₹2,000 crore. (Neutral)
*ITC:* Company shareholders approve demerger of hotels business with 99.6% majority (Neutral)
*HIND ZINC:* Company announces 14% decrease in GHG emission intensity in just 4 years. (Neutral)
*PB Fintech:* SEBI issues show cause notice to CEO Yashish Dahiya. (Neutral)
*Alkem Lab:* Company to invest Rs 30 crore in Compulsorily Convertible Preference Shares of Haystack Analytics Private. (Neutral)
*Tata Chemicals:* UK’s Chester Crown Court orders Tata Chemicals Europe to pay GBP 1.1 m of fine for a safety incident which occurred in 2016 (Neutral)
*HDFC AMC:* Board meeting today to Consider Interim Dividend (Neutral)
*TCS:* Press conference today for Industry-First GenAI Announcement (Neutral)
*Tata Motors:* Tata Altroz Racer To Be Launched today (Neutral)
*Trident:* Company Update on Fire Accident in Manufacturing Facilities at Dhaula, Punjab
*Hero MotoCorp:* Board approves purchase of additional shares of up to 2.2% of Ather Energy for ₹124 crore
*ZF Commercial:* Promoters looking to sell 4-5% stake worth Rs 1500cr
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
