India Daybook Stocks in News
*Brigade Enterprises:* Company launches 6-tower residential project in Yelahanka, Bengaluru. (Positive)
*Jubilant Ingrevia:* Company successfully receives establishment inspection report (EIR) from USFDA concluded with zero 483 inspectional observation. (Positive)
*INFOSYS:* QORUS and Infosys Finacle Collaborate To Recognize Banking Innovation Initiatives Worldwide (Positive)
*Navkar Corporation:* JSW Infra’s arm JSW Port Logistics to acquire majority stake of Navkar Corporation (Positive)
*Bajaj Auto:* Company starts production at first overseas manufacturing plant in Brazil, even as exports slumped. (Positive)
*Ambuja Cements:* Adani Group firm Ambuja Cements said its board of directors approved the merger with Adani Cementation Ltd with the company. (Positive)
*TVS Motor:* Company incorporates wholly-owned subsidiary in Dubai, UAE. (Positive)
*Sahmi Hotels:* GTI Capital Alpha likely to sell 3% stake in Samhi Hotels via block deals, sources (Positive)
*BHEL:* Company has bagged the Rs 13,300 crore order to set up a 1600 MW thermal power plant in Koderma in Jharkhand from Damodar Valley Corporation (DVC). (Positive)
*Bharti Airtel:* Company’s Nxtra has joined the RE100 initiative led by Climate Group in partnership with CDP. (Positive)
*Tega Industries:* Company unit entered into contract as consortium member with NMDC Ltd. (Positive)
*Reliance Ind:* Jio announces an increase in tariffs in the range of 12-25% (Positive)
*Swan Energy:* Company Says Pre - Payment of Rupees 300 Cr Debt for Its Floating Storage and Regasification Unit (Fsru) Project. (Positive)
*HCL tech:* Company announced 0.46% of equity at discount of 2.75% to closing price (Neutral)
*RBL Bank:* Board approves fund raising up to ₹3,500 crore via QIPs in one or more tranches via debt securities (Neutral)
*AU Small Finance Bank:* To raise funds up to ₹5,000 crore via QIP & other modes. (Neutral)
*Ambuja Cements:* Board approves merger of Adani Cementation with the company. (Neutral)
*Raymond:* Re-appoints Gautam Hari Singhania as MD of the company (Neutral)
*AU Small Finance:* Board will consider the proposal of raising funds by issue of equity shares. (Neutral)
*BPCL:* NCLT approves BPCL's subsidiary's offer for acquisition of Videocon Energy Brazil for up to $270 million (Neutral)
*Sagar Cements:* Company re-appoints S Anand Reddy as Managing Director & S Sreekanth Reddy as Joint Managing Director of the Company for a period of three (3) years. (Neutral)
*NBCC:* Company Approved Appointment of Saleem Ahmad as Chief Financial Officer. (Neutral)
*Polycab:* Promoters to sell upto 2.04% stake via block deal (Neutral)
*Vedanta:* Company raises Rs 2,500 crore via NCDs (Neutral)
*Yes Bank:* Executes one-time-settlement in one of its stressed loan exposures. (Neutral)
*Wipo:* Company units Designit North America and Wipro Design it Services complete merger effective July 1. (Neutral)
*RVNL:* Company incorporates subsidiary RVNL Middle East Contracting in Dubai (Neutral)
*IPCA Lab:* EU Court upholds Rs 126 crore fine imposed on IPCA Labs' subsidiary, Unichem Laboratories. (Neutral)
*Asian Paints:* Company’s Singapore unit completes acquisition of 23.4% stake in Egypt's SCIB Chemicals for Rs 34 crore. (Neutral)
*India Cement:* UltraTech Cement bought 7.05 cr shares at Rs 267.74/sh (Neutral)
*Mahindra Lifespace:* Board Meeting On July 24 To Consider Q1 Results. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
