India Daybook Stocks in News
*Infosys:* Company has launched Infosys AsterTM, an AI-amplified marketing suite that enhances brand experiences, marketing efficiency, and business growth. (Positive)
*Vedanta:* Company expects monetization of its steel and raw materials business, to be completed in first half of FY 2024-25. (Positive)
*Seamec:* Company owns and operates 4 multi-support vessels for diving services and subsea operations and has expanded into main fleet shipping with 3 acquired bulk carriers. (Positive)
*Tata Technologies:* Company collaborates with Microsoft and Tata Motors for InnoVent hackathon for engineering students. (Positive)
*Sona BLW:* Company says received certification for its traction motor for electric 3-wheelers under production- linked incentive scheme (Positive)
*PDS Limited:* Company unit entered into share purchase agreement with abhinav gupta buyer, agreement for proposed sale of entire equity stake held by MTGL in blueprint design (Positive)
*NGL Fine:* Company received certificate of suitability from European directorate, company says certificate of suitability for quality of medicines & healthcare for its product triclabendazole (Positive)
*HG Infra:* Company Received a Letter from South Central Railway Worth 447 Cr Rs (Positive)
*Snowman:* Promoter Gateway Distriparks acquired 3 lakh shares of the company from the open market or 0.18% of the total equity. (Positive)
*Tata Motors:* JLR and Chery sign LoI to license Freelander Brand to CJLR for creation of EVs in China (Positive)
*Prestige Estates:* Company's board of directors are meeting on June 21 to consider and approve raising funds through QIP, preferential issue, rights issue or any other form. (Neutral)
*Craftsman Automation:* Company board approves raising up to Rs 1,200 crore via QIP. (Neutral)
*LIC:* Company clarifies that report on selling land to raise up to $7 billion is incorrect (Neutral)
*BLS E-Services:* Company to make initial investment of approximately Rs 71 crore in Aadifidelis Solutions (Neutral)
*Grasim:* Company says Birla opus launches its new thematic communication and embarks on a journey to make life beautiful (Neutral)
*Bharat Forge:* Company makes additional investment of $40 million in unit Bharat Forge America (Neutral)
*LIC:* Company clarifies that no formal proposal has been initiated to enter health insurance market. (Neutral)
*Dalmia Sugar:* Company fixed July 3 as the record date for the purpose of final dividend for the year 2023-24. (Neutral)
*Marico:* Mitsubishi UFJ Financial Group sells indirect interest in Marico.. (Neutral)
*HUL:* Asian Palm Oil Alliance, expresses concerns over HUL's reported intention to cut palm oil content in soaps by 25%. (Neutral)
*Zee Entertainment:* Company CFO Rohit Kumar Gupta steps down.. (Neutral)
*Indus Tower:* Vodafone PLC to sell stake in co via block deals, Block deal launched to sell 10% stake in company (Neutral)
*Tamilnad Mercantile Bank:* Submits application to RBI with the names of 3 candidates for the appointment of MD & CEO (Neutral)
*PNB Housing Finance:* Company appoints Vikas Rana as Head of Construction Finance effective June 18 (Neutral)
*AMI Organics:* Company opens QIP, sets floor price at Rs 1,228.71/share. (Neutral)
*ZF Commercial:* Wabco Asia likely to sell 5% equity of ZF Commercial Vehicle Control Systems India in a block deal.
*Gland Pharma:* Fosun Pharma Industrial Pte will cut its stake in India's drug company through block deals after being unable to offload it in one go.
*Sansera Engineering:* Client Ebene and CVCIGP II Employee Ebene are likely to divest up to 6.25 million shares, equivalent to an 11.66% equity stake.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
