Bharat India Daybook Stocks in News
*Phoenix Mills:* Company has emerged as the highest bidder for two strategically located plots in Mohali, Punjab. (Positive)
*Suzlon Energy:* Company excluded from Stage 1 Additional Surveillance Measure framework (Positive)
*HUDCO:* Company has potential for extending Rs 75,000 crore to Rs 1 lakh crore loan assistance under PM Awas Yojana. (Positive)
*IIFL Finance:* RBI lifts restrictions imposed on gold loan business of the company. (Positive)
*Infosys:* Company and POSTI extend strategic collaboration. (Positive)
*AU Small Finance:* Partners with Niva Bupa Health Insurance to priorities customer health (Positive)
*IDFC FIRST Bank:* The bank has secured approval from the RBI for the reappointment of V. Vaidyanathan as Managing Director and Chief Executive Officer. (Positive)
*EMS:* Company gets order worth Rs 6.81 billion (Positive)
*Cosmic CRF:* Company unit gets order worth Rs 1.27 billion (Positive)
*MSTC:* Company unit ferro scrap nigam to be sold to listed Japanese cos konoike transport co. Ltd for Rs 320 crore (Positive)
*CESC:* Company announces the incorporation of three wholly-owned subsidiary to focus on the renewable power sector. (Positive)
*Whirlpool:* Board approves acquisition of further 9.56% in arm Elica PB for Rs 167 crore post acquisition. (Positive)
*Sandur Manganese:* Company received consent from the Karnataka State Pollution Control Board to increase Manganese Ore production from 0.43 MTPA to 0.55 MTPA. (Positive)
*Thomas Cook:* Company opened a new franchise outlet in Chromepet, Chennai, expanding its network to 9 locations in the city and 15 across Tamil Nadu (Positive)
*Indian Overseas Bank:* Public sector bank said it has received an order from the Income Tax Department under Section 250 of the Income Tax Act, 1961, confirming a refund of ₹123.87 crore (Positive)
*Axis Bank:* SEBI bars Axis Capital from merchant banking in debt segment (Neutral)
*Jyothy Labs:* Company signed purchase agreement with smartwash solutions for acquiring its brand QUICLO, entity being acquired is in laundry service sector (Neutral)
*Pix Transmissions:* Company announced the completion of Independent Director Mr. Nigel Savio Lobo's second and final term of 5 years, effective September 19, 2024 (Neutral)
*Tata Communications:* Company has issued and allotted Commercial Paper aggregating to an amount of Rs 250 crores (Neutral)
*D&H India:* Company announced the resignation of Independent Director, Balraj Kishor Namdeo, and effective September 19, 2024. (Neutral)
*Shriram Finance:* Company in its meeting held on 19th Sep 2024, approved and allotted subordinated, unsecured, rated, listed, redeemable, taxable ncd’s, issue size of Rs 150 cr (Neutral)
*Shraddha Prime:* Company announces the launch of its new redevelopment project, SHRADDHA PRATHAM, in Borivali East, Mumbai. (Neutral)
*Kirloskar Brothers:* Company along with Kolhapur steel entered into shareholders agreement for acquisition of 26% of share capital of sunsure solarpark nineteen, deal for Rs 50 Million. (Neutral)
*Balkrishna Industries:* Company has completed the CAPEX for 30,000 MTPA of high value of advanced carbon material and commissioned the plant (Neutral)
*GE T&D India:* Company to exercise the oversubscription option in offer for sale, offer size will be up to 40 million shares of equity shares (Neutral)
*NTPC:* Board has granted investment approval for two major thermal power projects with a combined investment of ₹20,921.85 crore (Neutral)
*Tata Power:* Company discloses litigation with Adaro International in arbitration over coal supply agreement (Neutral)
*Unitech Limited:* Company acquires additional equity in wholly-owned subsidiary Unitech Holdings for Rs 15 Crore (Neutral)
*Suven Pharmaceuticals:* Company announced the resignation of Vaidheesh Annaswamy as Executive Chairman and Director, effective September 19, 2024.
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
