MARUTI SUZUKI: CO GETS FINAL ASSESMENT ORDER FOR DEMAND OF 7.79B RUPEES
POWER GRID CORP: Q1 CONS NET PROFIT 37.23B RUPEES VS 35.42B (YOY); EST 38.56B - 41.7B (QOQ) (CORRECTION)
POWER GRID CORP: Q1 EBITDA 96.3B RUPEES VS 90.99B (YOY); EST 97.43B -- Q1 EBITDA MARGIN 87.52% VS 87.2% (YOY); EST 86%
POWER GRID CORP: Q1 REVENUE 110B RUPEES VS 110.5B (YOY); EST 112.78B
POWER GRID CORP: Q1 SL NET PROFIT 37.23B RUPEES VS 35.42B (YOY); EST 38.56B - 41.7B (QOQ)
INTERGLOBE AVIATION: INDIGO EXEC SAYS WILL INDUCT 6 AIRCRAFT FROM QATAR AIRLINES ON DOHA ROUTE ON WET/DAMP LEASE IN COMING QTRS -- INDIGO EXEC SAYS WILL ADD MORE AIRCRAFT ON FINANCE LEASES IN COMING QTRS
INTERGLOBE AVIATION: INDIGO EXEC SAYS CURRENT COUNT OF GROUNDED AIRCRAFT REMAINS AT MID-70S -- INDIGO EXEC SAYS EXPECT GROUNDINGS TO START REDUCING NEXT YEAR
ONGC: CO UNIT ACCORDED APPROVAL FOR LIQUIDATION OF TAMBA B.V., NETHERLANDS
INDUSIND BANK: CO CEO SAYS DISBURSEMENT IN MICROFINANCE WAS LOWER DUE TO ELECTION, HEAT WAVES -- CO CEO SAYS OVERALL LOAN BOOK OF MICROFINANCE HAS REDUCED BY 20 BLN RUPEES IN Q1 -- CO CEO SAYS DISBURSEMENTS IN MICROFINANCE, VEHICLE FINANCE EXPECTED TO NORMALISE THIS QTR
INDUSIND BANK: CO CEO SAYS STILL ASSESSING IMPACT OF RBIS PROPOSED LIQUIDITY RULES -- CO CEO SAYS EXPECT ROUGH IMPACT OF 4-5% ON LCR -- CO CEO SAYS SEEING UPTICK OF 30-40 BASIS POINTS ON CREDIT CARD DELINQUENCIES
INDUSIND BANK: Q1 NET NPA 0.60% VS 0.57% (QOQ) -- Q1 GROSS NPA 2.02% VS 1.92% (QOQ)
INDUSIND BANK: Q1 PROVISIONS 10.5B RUPEES VS 8.99B (QOQ)
INDUSIND BANK: Q1 INTEREST EARNED 125.47B RUPEES VS 107.3B (YOY); 122B (QOQ)
INDUSIND BANK: Q1 SL NET PROFIT 21.52B RUPEES VS 21.24B (YOY); EST 22.92B - 23.47B (QOQ)
INDIGO: CO SEES Q2 CAPACITY IN TERMS OF ASKS UP BY AROUND HIGH SINGLE DIGIT%
INDIGO: CO SEES Q2 CAPACITY IN TERMS OF ASKS UP BY AROUND HIGH SINGLE DIGIT%
INDIGO: CO SAYS Q1 AVAILABLE SEAT KILOMETRES 36.3B -- Q1 LOAD FACTOR 86.7% -- Q1 YIELD 5.24 RUPEES/KM
CIPLA: COS SOUTH AFRICA: MOMENTUM CONTINUES WITH REVENUE GROWTH AT 19% IN LOCAL CURRENCY TERMS -- CO SAYS PRESCRIPTION BUSINESS RANKED 1 IN THE MARKET
CIPLA: COS NORTH AMERICA: ALL-TIME HIGH REVENUE AT USD 250M UP BY 13% YOY SUPPORTED BY TRACTION IN DIFFERENTIATED PORTFOLIO
COLGATE PALMOLIVE INDIA LTD: RS. 95.08 CRORES NSE BLOCK TRADE; FOR ~ 300415 SHARES, AT RS. 3165.00
CIPLA: Q1 EBITDA 17.2B RUPEES VS 14.94B (YOY); EST 16.13B -- Q1 EBITDA MARGIN 25.63% VS 23.60% (YOY); EST 23.8%
CIPLA: Q1 REVENUE 67B RUPEES VS 63.28B (YOY); EST 67.74B
CIPLA: Q1 CONS NET PROFIT 11.8B RUPEES VS 9.95B (YOY); EST 10.87B
CHOLAMANDALAM INVESTMENT AND FINANCE: COS Q1 AUM AT RUPEES 1,68,832 CR VS 1,22,755 CR (YOY), GROWTH OF 38% (YOY) ( CORRECTION )
CHOLAMANDALAM INVESTMENT AND FINANCE: COS Q1 AUM AT RUPEES 1,68,832 CR VS 1,22,755 CR (QOQ), GROWTH OF 38%
VEDANTA: CO DECLARED INTERIM DIVIDEND OF RS 4 PER EQUITY SHARE
CHOLAMANDALAM INVESTMENT AND FINANCE: COTO ISSUE NCDS WORTH UP TO 480B RUPEES
CHOLAMANDALAM INVESTMENT AND FINANCE CO: Q1 GNPA 3.62% VS 3.54% (QOQ) -- Q1 NNPA 2.37% VS 2.32% (QOQ)
CHOLAMANDALAM INVESTMENT AND FINANCE CO: Q1 REVENUE 57.8B RUPEES VS 41B (YOY)
CHOLAMANDALAM INVESTMENT AND FINANCE CO: Q1 SL NET PROFIT 9.4B RUPEES VS 7.3B (YOY)
COAL INDIA LTD: RS. 153.75 CRORES NSE BLOCK TRADE; FOR ~ 3021814 SHARES, AT RS. 508.80
HDFC BANK: BANK RECEIVED A CERTIFICATE ISSUED BY IFSCA FOR SUCCESSFUL REGISTRATION ON INDIA INTERNATIONAL BULLION EXCHANGE IFSC LIMITED IN GIFT-IFSC, AS A BULLION TRADING CUM CLEARING MEMBER
JSW STEEL: CO MD SAYS PLAN TO ESTABLISH A GREEN STEEL MANUFACTURING FACILITY - AGM
TATA POWER: TATA POWER SOLAR PARTNERS WITH BANK OF INDIA TO PROVIDE EASY AND AFFORDABLE FINANCING TO ACCELERATE INSTALLATION OF ROOFTOP SOLAR AND EV CHARGING STATIONS
CANARA BANK: CO EXPECTS TO GROW BEYOND 11% TO 12% IN THE NEXT THREE QUARTERS -- CO EXPECTS ITS RAM SECTOR TO REACH 58% OF ITS TOTAL CREDIT PORTFOLIO, AND HAS ALREADY TOUCHED 57% - CONCALL UPDATE
BAJAJ FINSERV: COS BUSINESS DEVELOPMENT TEAM IS WORKING ON NEW PRODUCT LAUNCHES, WHICH WILL ADD TO OPERATING LEVERAGE - CONCALL UPDATE
BAJAJ FINSERV: CO SAYS AGENCY CHANNEL MARGINS ARE IN DOUBLE-DIGIT TERRITORY AND THE CO AIMS TO MAINTAIN GROWTH IN THIS SPACE WHILE BALANCING GROWTH AND PROFITABILITY- CONCALL UPDATE
BAJAJ FINSERV: CO EXPECTS STEPS TAKEN TO STRENGTHEN COLLECTION EFFICIENCIES TO YIELD RESULTS IN H2 - CONCALL UPDATE
BAJAJ FINSERV: CO EXPECTS INITIATIVES IN BAGIC TO CONTINUE CONTRIBUTING TO GROWTH AND PROFITABILITY IN THE COMING QUARTERS - CONCALL UPDATE
AU SMALL FINANCE BANK: CO EXPECTS TO RAISE DEPOSITS AS THE YEAR PROGRESSES -- CO HAS GUIDED FOR A FULL-YEAR GROWTH RATE OF 6.5% TO 7% - CONCALL UPDATE
AU SMALL FINANCE BANK: CO EXPECTS FULL-YEAR MARGINS FOR THIS FINANCIAL YEAR TO BE IN THE CORRIDOR OF LAST YEARS, WHICH WAS ABOUT 5.5%, WITH A POSSIBLE INCREASE OF 10-15 BASIS POINTS - CONCALL UPDATE
HERO MOTOCO: ITAT FAVORS CO, THE ENTIRE TAX DEMAND OF RUPEES 2,336.71 CR FOR ASSESSMENT YEAR 2011-12 HAS BEEN QUASHED
SUN PHARMA: COS LEQSELVI (DEURUXOLITINIB) RECEIVES U.S. FDA APPROVAL FOR SEVERE ALOPECIA AREATA; ACHIEVES SIGNIFICANT EFFICACY IN PHASE 3 TRIALS
DLF: CO MAINTAIN A POSITIVE OUTLOOK ON THE RENTAL BUSINESS AND ARE INCREASING OUR CAPEX COMMITMENTS TO ENHANCE OUR RENTAL PORTFOLIO AND DRIVE HEALTHY GROWTH - INVESTOR PRESENTATION
DLF: CO IS COMMITTED TO CAPITALIZING ON POSITIVE MOMENTUM WITH A PLANNED LAUNCH OF 9 MILLION SQUARE FEET OF NEW PRODUCTS THIS FISCAL YEAR ACROSS GURUGRAM, MUMBAI, GOA, AND THE CHANDIGARH TRI-CITY - INVESTOR PRESENTATION
DLF: CO REMAIN ON TRACK TO ACHIEVE OUR SHORT TERM AS WELL AS LONG TERM BUSINESS GOALS - INVESTOR PRESENTATION
DLF: Q1 EBITDA 2.3B RUPEES VS 3.95B (YOY) -- Q1 EBITDA MARGIN 16.74% VS 27.76% (YOY)
DLF: Q1 REVENUE 13.6B RUPEES VS 14.23B (YOY)
DLF: Q1 CONS NET PROFIT 6.45B RUPEES VS 5.3B (YOY); 9.2B (QOQ)
VEDANTA: S&P - VEDANTA RESOURCES UPGRADED TO B- FROM CCC+ ON IMPROVING CAPITAL STRUCTURE, LIQUIDITY
TECH MAHINDRA: CO EXEC SAYS MARKET REMAINS WEAK FOR TELECOM -- CO EXEC SAYS EXPECT SHARE OF REVENUE FROM NORTH AMERICA MARKET TO INCREASE -- CO EXEC SAYS 1000 FRESHERS WERE ADDED IN Q1, WILL INCREASE IT IN COMING QUARTERS
AU SMALL FINANCE BANK: CO SAYS NIM FOR Q1’FY25 STOOD AT 6.0%
AU SMALL FINANCE BANK: CO TO APPLY TO RBI FOR TRANSITION FROM SMALL FINANCE BANK TO UNIVERSAL BANK
AU SMALL FINANCE BANK: Q1 GNPA 1.78% VS 1.67% (QOQ) -- Q1 NNPA 0.63% VS 0.55% (QOQ)
AU SMALL FINANCE BANK: Q1 PROVISIONS 3.2B RUPEES VS 1.33B (QOQ)
AU SMALL FINANCE BANK: Q1 INTEREST EARNED 37.7B RUPEES VS 24.6B (YOY); 28.3B (QOQ)
AU SMALL FINANCE BANK: Q1 SL NET PROFIT 5.03B RUPEES VS 3.87B (YOY); 3.71B (QOQ)
TECH MAHINDRA: CO EXEC- CONFIDENT THAT THIS WILL BE A BETTER YEAR COMPARED TO PREVIOUS ONE -- CO EXEC- SEEING SLIGHTLY MORE STABLE DEMAND ENVIRONMENT, BUT NO MASSIVE UPSWING
TECH MAHINDRA: CO EXEC SAYS SEE GROWTH IN NORTH AMERICA, FOCUSED ASIA PACIFIC MARKETS PORTFOLIO -- EXEC- SEEING SPENDING IMPROVEMENT IN SOME POCKETS OF BFSI SEGMENT IN U.S -- CO EXEC- BANKING AND LENDING BUSINESSES EXPERIENCING SOME SOFTNESS IN US MARKET
TECH MAHINDRA: CO SAYS Q1 NET NEW DEAL WINS $534M
TECH MAHINDRA: Q1 EBIT 11.05B RUPEES VS 6.34B (QOQ); EST 10.54B -- Q1 EBIT MARGIN 8.5% VS 4.95% (QOQ); EST 8.2%
TECH MAHINDRA: Q1 REVENUE 130.1B RUPEES VS 128.71B (QOQ); EST 129B
TECH MAHINDRA: Q1 CONS NET PROFIT 8.52B RUPEES VS 6.6B (QOQ); EST 8.79B
CANARA BANK: COS GUIDANCE FOR PERIOD ENDING MARCH 31, 2025 DEPOSITS GROWTH (GLOBAL) AT 9%
CANARA BANK: COS GUIDANCE FOR PERIOD ENDING MARCH 31, 2025 ADVANCES GROWTH (GLOBAL) AT 10%
CANARA BANK: COS GUIDANCE FOR PERIOD ENDING MARCH 31, 2025 NIM GLOBAL 2.90%
CANARA BANK: BANKS GUIDANCE FOR PERIOD ENDING MARCH 31, 2025 GROSS NPA (GLOBAL) AT 3.50%
CANARA BANK: Q1 FRESH SLIPPAGES 30.1B RUPEES VS 30.8B (QOQ)
CANARA BANK: Q1 INTEREST EARNED 287B RUPEES VS 250B (YOY)
CANARA BANK: Q1 PROVISIONS FOR NPA 21.7B RUPEES VS 22.8B (QOQ)
CANARA BANK: Q1 GNPA 4.14% VS 4.23% (QOQ) -- Q1 NNPA 1.24% VS 1.27% (QOQ)
CANARA BANK: Q1 SL NET PROFIT 39B RUPEES VS 35B (YOY); EST 40.3B
ASHOK LEYLAND: COS CEO SAYS CONTINUE TO EXPAND OUR MARKET PENETRATION ON THE BACK OF EFFICIENT PRODUCTS AND NETWORK EXPANSION, CO SHALL REMAIN ACUTELY FOCUSED ON ACHIEVING MIDTEEN EBITDA IN THE MEDIUM TERM
ASHOK LEYLAND: Q1 EBITDA 9.10B RUPEES VS 8.21B (YOY); EST 9.96B -- Q1 EBITDA MARGIN 10.59% VS 10.07% (YOY); EST 11.3%
ASHOK LEYLAND: Q1 REVENUE 86B RUPEES VS 81.5B (YOY); EST 87.48B
ASHOK LEYLAND: Q1 SL NET PROFIT 5.25B RUPEES VS 5.76B (YOY); EST 5.72B
NESTLE: COS VOLUME GROWTH SEEN AT 1% VS EST 4 - 6%
NESTLE: CO MD SAYS 5 OF TOP 12 BRANDS GREW DOUBLE-DIGIT -- COS BEVERAGES BUSINESS STOOD OUT, WITH STRONG DOUBLE-DIGIT GROWTH, DESPITE A SCORCHING SUMMER ACROSS MANY PARTS OF INDIA
INDIAN HOTELS CO LTD: RS. 114.67 CRORES NSE BLOCK TRADE; FOR ~ 1821974 SHARES, AT RS. 629.35
NESTLE INDIA: Q1 EBITDA 11.14B RUPEES VS 10.56B (YOY); EST 12.05B -- Q1 EBITDA MARGIN 23.15% VS 22.66% (YOY); EST 23.7%
NESTLE INDIA: Q1 REVENUE 48.1B RUPEES VS 46.6B (YOY); EST 50.75B
NESTLE INDIA: Q1 SL NET PROFIT 7.5B RUPEES VS 6.9B (YOY); EST 8.15B
AXIS BANK LTD: RS. 58.77 CRORES NSE BLOCK TRADE; FOR ~ 507663 SHARES, AT RS. 1157.65
SRF LTD: RS. 84.64 CRORES NSE BLOCK TRADE; FOR ~ 356525 SHARES, AT RS. 2374.05
L&T: COS ORDER INFLOW GROWTH GUIDANCE CAN BE MAINTAINED WITH A 22% TO 23% CONVERSION OR HIT RATE - CONCALL UPDATE
L&T: CO IS MAINTAINING ITS GUIDANCE OF 10% ORDER INFLOW FOR THE FULL YEAR -- THERE IS A PLAN TO DEVELOP SMALL AND MODULAR NUCLEAR REACTORS - CONCALL UPDATE
AXIS BANK: CO HAS CREATED FUTURE-READY AND SCALABLE PLATFORMS TO REPLACE FRAGMENTED LEGACY SYSTEMS - CONCALL UPDATE
AXIS BANK: COS STRUCTURAL GUIDANCE IS 3.80% ON A THROUGH-CYCLE BASIS -- EXPENSES ARE EXPECTED TO SHOW MODERATION IN GROWTH THROUGH FISCAL 25, WITH A (YOY) GROWTH RATE LOWER THAN THE 27%-29% RANGE SEEN LAST YEAR - CONCALL UPDATE
ONGC: CO COMMENCES OIL PRODUCTION FROM KG-DWN-98/2 CLUSTER-2, PLANS TO BEGIN GAS FLOW TO ONSHORE TERMINAL NEXT MONTH
SBI LIFE: Q1 VALUE OF NEW BUSINESS SEEN AT 9.7B VS EST 9.8B; 8.7B (YOY) -- Q1 VNB MARGIN SEEN AT 26.8% VS EST 27.8%; 28.8% (YOY)
SBI LIFE: Q1 NEW BUSINESS PREMIUM SEEN AT 70.3B VS EST 70.3B; 62B (YOY) -- Q1 APE SEEN AT 36.4B VS EST 35.3B; 30.3B (YOY)
BAJAJ HOLDINGS & INVESTMENT: Q1 REVENUE 1.26B RUPEES VS 983M (YOY)
BAJAJ HOLDINGS & INVESTMENT: Q1 SL NET PROFIT 659.7M RUPEES VS 553M (YOY)
NESTLE INDIA: CO FORMS 49:51 JV WITH DR REDDYS LAB -- JV FOR COLLABORATION ON NUTRACEUTICALS PORTFOLIOS AND INDIA AND OTHER TERRITORIES
SUN PHARMA: CO SAYS ADDITIONAL INFORMATION ON DADRA FACILITY RECEIVES WARNING LETTER FROM USFDA -- CO SAYS THERE IS NO IMPACT ON COS FINANCIAL, OPERATIONS, OR OTHER ACTIVITIES
NESTLE INDIA: CO SAYS UPDATE ON JOINT VENTURE BETWEEN CO AND DR. REDDYS LABORATORIES -- CO HAS ACQUIRED 49,000 EQUITY SHARES OF OF DR. REDDYS AND NESTLÉ HEALTH SCIENCE
ITC: CO HAS INCORPORATED UNIT ITC INFOTECH ITALIA
LARSEN AND TOUBRO: CO EXEC SAYS SEE 9 TRILLION RUPEES PROSPECT ORDER PIPELINE FOR THE REST OF FY25 -- CO EXEC SAYS REASONABLY OPTIMISTIC THAT CAPEX ALLOCATION IN SUBSEQUENT BUDGETS WILL RISE
LARSEN AND TOUBRO: CO EXEC SAYS RELIEVED THAT CAPEX OUTLAY HAS BEEN RETAINED, NOT REDUCED IN BUDGET
LARSEN AND TOUBRO: CO EXEC SAYS PRIVATE CAPEX IS MORE MEASURED AND NEED-BASED NOW
AXIS BANK: CO EXEC SAYS DISCUSSING WITH REGULATORS AND LAW ENFORCEMENT AGENCIES ON MULE ACCOUNTS PROBLEM
AXIS BANK: CO EXEC SAYS SEASONALITY IN RETAIL AGRICULTURE BUSINESS IMPACTED NPAS DURING THE QUARTER -- CO EXEC SAYS CREDIT COST IN CERTAIN PARTS OF UNSECURED PORTFOLIO SEEING A RISE
HERO MOTOCORP: CO TO CONSIDER Q1 RESULT ON AUG 13
STATE BANK OF INDIA: BANK AND FCDO SIGNED NONBINDING MEMORANDUM OF UNDERSTANDING -- MOU FOR 750M POUNDS
LARSEN & TOUBRO: Q1 EBITDA 56.15B RUPEES VS 48.69B (YOY) -- Q1 EBITDA MARGIN 10.19% VS 10.17% (YOY)
LARSEN & TOUBRO: Q1 REVENUE 551.2B RUPEES VS 478.82B (YOY)
LARSEN & TOUBRO: Q1 CONS NET PROFIT 27.86B RUPEES VS 24.93B (YOY)
AXIS BANK: CO SAYS NET INTEREST MARGIN FOR Q1FY25 STOOD AT 4.05%
AXIS BANK: Q1 NET NPA 0.34% VS 0.31% (QOQ) -- Q1 GROSS NPA 1.54% VS 1.43% (QOQ)
AXIS BANK: Q1 PROVISIONS 20.39B RUPEES VS 11.85B (QOQ)
AXIS BANK: Q1 INTEREST EARNED 300.6B RUPEES VS 255.57B (YOY)
AXIS BANK: Q1 SL NET PROFIT 60.35B RUPEES VS 57.97B (YOY); EST 57.76B
SBI LIFE: CO SAYS QTRLY VALUE OF NEW BUSINESS AT 9.7B RUPEES, UP 12% -- QTRLY VONB MARGIN STANDS AT 26.8%
SBI LIFE INSURANCE CO: Q1 NET PREMIUM INCOME 151B RUPEES VS 131.05B (YOY)
SBI LIFE INSURANCE CO: Q1 SL NET PROFIT 5.2B RUPEES VS 3.81B (YOY)
GRASIM INDUSTRIES LTD: RS. 309.30 CRORES NSE BLOCK TRADE; FOR ~ 1105112 SHARES, AT RS. 2798.85
FEDERAL BANK: CO CEO TALKS WITH RBI ON FOR GETTING CLEARANCE TO RESTART ISSUING CO-BRANDED CREDIT CARDS -- EXPECT TO GET CLARITY ON ISSUING CO-BRANDED CREDIT CARDS BY Q3
FEDERAL BANK: CO CEO SAYS NET INTEREST MARGINS ARE EXPECTED TO BE IN 3.15% TO 3.25% RANGE
FEDERAL BANK: Q1 FRESH SLIPPAGES 496 CR VS 352 CR (QOQ)
FEDERAL BANK: BORROWING/ RAISING OF FUNDS UPTO 60B RUPEES
FEDERAL BANK: Q1 INTEREST EARNED 63.3B RUPEES VS 50.2B (YOY)
FEDERAL BANK: Q1 SL NET PROFIT 10B RUPEES VS 8.54B (YOY); EST 9.46B
FEDERAL BANK: Q1 GNPA 2.11% VS 2.13% (QOQ) -- Q1 NNPA 0.60% VS 0.60% (QOQ)
BAJAJ FINSERV: COS (BALIC) NEW BUSINESS PREMIUM FOR Q1 FY25 INCREASED BY 18% TO RUPEES 2,541 CR VS 2,159 CR IN Q1 FY24
BAJAJ FINSERV: Q1 REVENUE 315B RUPEES VS 233B (YOY)
BAJAJ FINSERV: Q1 CONS NET PROFIT 21.3B RUPEES VS 19.4B (YOY)
RELIANCE: CO GETS U.S. APPROVAL TO IMPORT OIL FROM VENEZUELA - RTRS
NTPC LTD: Rs. 39.63 Crores NSE Block Trade; for ~ 1018238 Shares, at Rs. 389.25
HERO MOTOCORP: DELHI HC QUASHES SUMMONS ISSUED TO CO CHAIRMAN PAWAN KANT MUNJAL IN DRI CASE RELATING TO FOREIGN CURRENCY. -PTI
VEDANTA LTD: RS. 100.58 CRORES NSE BLOCK TRADE; FOR ~ 2290767 SHARES, AT RS. 439.05
ASIAN PAINTS LTD: RS. 50.03 CRORES NSE BLOCK TRADE; FOR ~ 172868 SHARES, AT RS. 2894.40
AU SMALL FINANCE BANK LTD: RS. 66.07 CRORES NSE BLOCK TRADE; FOR ~ 1004099 SHARES, AT RS. 658.00
BAJAJ FINANCE: CO SAYS LONG-TERM GUIDANCE IS FOR AN ROA OF 4.5% TO 4.7% -- CO MAINTAINS ITS FULL-YEAR GUIDANCE OF 26% TO 28% WITH AN UPWARD BIAS TOWARDS 28% -- EXPECTS TO ACHIEVE 2.2X TO 2.3X OF BANK CREDIT GROWTH - CONCALL UPDATE
BAJAJ FINANCE : COS GUIDANCE FOR NET LOAN LOSS TO AVERAGE AUF IS PROJECTED TO BE BETWEEN 1.75% AND 1.85% FOR THE YEAR, WITH A MARGINAL UPWARD BIAS FOR FY 25 - CONCALL UPDATE
HINDUSTAN UNILEVER: CO PROJECTS LOW-SINGLE-DIGIT PRICING IN THE SECOND HALF OF THE FINANCIAL YEAR, UNLESS THERE IS A DRAMATIC CHANGE IN THE COMMODITY BASKET - CONCALL UPDATE
HINDUSTAN UNILEVER: CO EXPECTS NEAR-ZERO PRICE GROWTH IN THE SHORT TERM, EXCLUDING ONE-OFF IMPACTS THAT WILL LAP NEXT QUARTER - CONCALL UPDATE
HINDUSTAN UNILEVER: CO EXPECTS ITS FULL-YEAR EFFECTIVE TAX RATE TO BE MARGINALLY ABOVE 26% -- CO EXPECTS EBITDA TO REMAIN AND MAINTAIN AT CURRENT LEVELS - CONCALL UPDATE
HINDALCO INDUSTRIES: CO SUBSIDIARY NOVELIS SAYS IT NOTIFIED AUTOMOTIVE CUSTOMERS IN EUROPE ABOUT FORCE MAJEURE FORCING SHUTDOWN AT SWISS ALUMINIUM PLANT - RTRS
DR REDDYS LAB: BOARD MEETING ON JULY 27 TO CONSIDER SUB-DIVISION/ SPLIT OF EXISTING SHARES
BAJAJ FINANCE: CO EXEC SAYS WE SHOULD SEE NIMS TO STABILISE BY Q3 -- CO EXEC SAYS PRUNING RISKY SEGMENTS, CUTTING EXPOSURE; WILL CHOOSE RISKMANAGEMENT OVER GROWTH
INFOSYS: CO AGREED WITH UVC PARTNERS COMMITTING TO INVEST EUR 5.0M
ONGC: CO SAYS EXTENSION OF EXERCISE PERIOD FOR CONVERSION OF SHARE WARRANTS BY SIX MONTHS
ONGC: CO SAYS EXTENSION OF EXERCISE PERIOD FOR CONVERSION OF WARRANTS OF 19.22B RUPEES ISSUED BY OPAL -- EXTENSION OF BACK STOPPING SUPPORT FOR CCDS - III OF 4.92B RUPEES ISSUED BY OPAL
TATA STEEL: BOARD MEETING ON JULY 31 TO CONSIDER Q1 RESULTS
HINDUSTAN UNILEVER: CO EXEC SAYS BUDGET ANNOUNCEMENTS BOOST CONFIDENCE IN SUSTAINABAILITY OF RECOVERY IN RURAL DEMAND -- CO EXEC SAYS IN SECOND HALF WE EXPECT TO HAVE LOW SINGLE DIGIT POSITIVE PRICING
TATA CONSUMER: CO APPROVED RIGHTS ISSUE SIZE OF 36.6M SHARES WORTH 29.98B RUPEES -- CO APPROVED RIGHTS ISSUE PRICE AT 818 RUPEES PER SHARE
BAJAJ FINANCE: CO SAYS AUGMENTING ITS DEBT MANAGEMENT INFRASTRUCTURE AS A MITIGATION MEASURE -- CO SAYS FOR FY25, HAVE A MARGINAL UPWARD BIAS ON NET LOAN LOSS
BAJAJ FINANCE: CO SAYS LOAN LOSSES MAY REMAIN AT CURRENT LEVELS IN Q2 AND SHOULD START TO NORMALIZE BY Q3 -- NET LOAN LOSS TO AVERAGE AUF IMPROVEMENT PROJECTED IN H2 FY25 -- NET LOAN LOSS TO AVERAGE AUF PROJECTED IN CORRIDOR OF 1.75%-1.85%
BAJAJ FINANCE: CO SEES LONG TERM GNPA IN CORRIDOR OF 1.2%-1.4% -- SEES LONG TERM AUM GROWTH IN CORRIDOR OF 25%-27% -- SEES LONG TERM PROFIT GROWTH IN CORRIDOR OF 23%-24%
HINDUSTAN UNILEVER: CO SAYS Q1 UNDERLYING VOLUME GROWTH 4%; FMCG AND RURAL DEMAND GRADUALLY IMPROVING -- CO SAYS NEAR TERM SEE NEAR-ZERO PRICE GROWTH, IF COMMODITY PRICES REMAIN WHERE THEY ARE
HINDUSTAN UNILEVER: CO HAS AN EXCEPTIONAL ITEM OF LOSS 480M RUPEES
HINDUSTAN UNILEVER: Q1 EBITDA 36.1B RUPEES VS 35.21B (YOY); EST 35.40B -- Q1 EBITDA MARGIN 23.78% VS 23.58% (YOY); EST 23.4%
HINDUSTAN UNILEVER: Q1 REVENUE 151.7B RUPEES VS 149.31B (YOY); EST 151B
HINDUSTAN UNILEVER: Q1 SL NET PROFIT 25.38B RUPEES VS 24.72B (YOY); EST 24.81B
BAJAJ FINANCE: Q1 REVENUE 140.49B RUPEES VS 108B (YOY)
BAJAJ FINANCE: Q1 CONS NET PROFIT 39.12B RUPEES VS 34.4B (YOY); EST 39.74B
VEDANTA: BOARD MEETING ON JULY 26 TO CONSIDER AND APPROVE THE SECOND INTERIM DIVIDEND ON EQUITY SHARES, IF ANY, FOR THE FINANCIAL YEAR 2024-25
SRF: COS MD SAYS - WHILE THIS HAS BEEN A WEAK QUARTER, IT IS ON EXPECTED LINES. WE REMAIN CONFIDENT OF A REVIVAL IN THE SECOND HALF OF THIS YEAR
SRF: CO APPROVED DIVIDEND OF 3.6 RUPEES PER SHARE
SRF: Q1 EBITDA 6.03B RUPEES VS 6.96B (YOY) -- Q1 EBITDA MARGIN 17.42% VS 20.86% (YOY)
SRF: Q1 REVENUE 34.6B RUPEES VS 33.4B (YOY)
SRF: Q1 CONS NET PROFIT 2.52B RUPEES VS 3.6B (YOY)
BUDGET 2024: FIN MIN SAYS TO LOWER CUSTOMS DUTIES ON GOLD, SILVER -- INDIA TO LOWER CUSTOMS DUTY ON GOLD TO 6% ( COS IN FOCUS TITAN )
ASIAN PAINTS: CO TAKES ANOTHER PRICE HIKE, PRICES INCREASED BY 1- 1.25% - CNBC TV 18
CIPLA LTD: Rs. 30.12 Crores NSE Block Trade; for ~ 201578 Shares, at Rs. 1494.00
RELIANCE INDUSTRIES: CO UNIT RELIANCE NEW ENERGY ACQUIRED BALANCE 12.7% STAKE OF RELIANCE LITHIUM WERKS B.V. -- ACQUISITION FOR EURO 3.7M
FEDERAL BANK: RBI APPROVED APPOINTMENT OF KRISHNAN VENKAT SUBRAMANIAN AS MD, & CEO OF BANK
CHOLAMANDALAM INVESTMENT: BOARD MEETING ON JULY 26 TO CONSIDER THE ISSUANCE OF NON‐ CONVERTIBLE DEBENTURES (SECURED AND UNSECURED)
HCLTECH: CO SAYS EXPECT DEMAND ENVIRONMENT FOR IT SERVICES TO REMAIN UNCHANGED -- CO SAYS DISCRETIONARY SPENDS BY CLIENTS STAYING SOFT IN FY25 - ANNUAL REPORT
VEDANTA: CO REGAINS CONTROL OF KONKOLA COPPER MINES IN ZAMBIA -- CO SAYS IT HAS PAID USD 245.75M IN LINE WITH ITS COMMITMENT UNDER THE KCM SCHEME OF ARRANGEMENT
TRENT: WESTSIDE LAUNCHES ITS 230TH STORE IN LUCKNOW -- WESTSIDE, A TATA ENTERPRISE UNDER CO HAS LAUNCHED ITS NEW STORE AT ASHIYANA
TATA POWER: CO TO CONSIDER Q1 RESULT ON AUG 6
SBI: BOARD MEETING ON AUG 3 TO CONSIDER Q1 RESULTS
ULTRATECH CEMENT LTD: RS. 121.37 CRORES NSE BLOCK TRADE; FOR ~ 105500 SHARES, AT RS. 11504.55
COAL INDIA: CO HAS SUCCESSFULLY OPENED ITS ACCOUNT IN DOMESTIC CRITICAL MINERAL ASSET EMERGING AS THE PREFERRED BIDDER FOR KHATTALI CHOTTI GRAPHITE BLOCK IN MADHYA PRADESH
AVENUE SUPERMARTS LTD: RS. 91.68 CRORES NSE BLOCK TRADE; FOR ~ 183692 SHARES, AT RS. 4991.10
VARUN BEVERAGES: CO UNIT HAS STARTED COMMERCIAL PRODUCTION OF CARBONATED SOFT DRINKS AND PACKAGED DRINKING WATER AT ITS PRODUCTION FACILITY AT DEMOCRATIC REPUBLIC OF CONGO
TECH MAHINDRA LTD: RS. 85.71 CRORES NSE BLOCK TRADE; FOR ~ 572562 SHARES, AT RS. 1497.00
TCS: ROLLS-ROYCE AND CO COLLABORATE ON HYDROGEN RESEARCH PROGRAMME
LARSEN & TOUBRO LTD: RS. 476.67 CRORES NSE BLOCK TRADE; FOR ~ 1324536 SHARES, AT RS. 3598.80
JSW STEEL: CO EXPECTS THE NEW FACILITIES AT VIJAYANAGAR AND BPSL TO BE RAMPED UP DURING FY 25 -- CO EXPECTS BENEFITS FROM SAVINGS IN RAW MATERIAL COST, INCLUDING LOWER COOKING COAL PRICE, TO IMPROVE STEEL SPREADS FROM CURRENT LEVELS IN Q2 - CONCALL UPDATE
JSW STEEL: CO EXPECTS IMPROVED PERFORMANCE AT THE ITALIAN OPERATIONS IN Q2 -- CO EXPECTS THE RAMP-UP OF THE EXPANSION PROJECT DURING Q3 FY 25 -- CO EXPECTS A CONSOLIDATED CAPEX FOR FY 25 TO BE ABOUT RUPEES 30,000 CR - CONCALL UPDATE
INDIAN HOTEL CO: CO EXPECTS A DOUBLE-DIGIT GROWTH IN FY 24-25, WITH 20%-PLUS REVENUE GROWTH IN JULY BASED ON BUSINESS ON THE BOOKS AS OF JULY 17 - CONCALL UPDATE
BPCL: CO ALSO PROVIDED GUIDANCE ON CAPEX FOR THE CGD BUSINESS, TARGETING AROUND RUPEES 2,800 CR TO RUPEES 3,000 CR FOR THE CURRENT YEAR - CONCALL UPDATE
BPCL: CO PROVIDED ESTIMATED CAPEX FOR THE YEAR AT RUPEES 16,400 CR -- ANNUALIZED GROWTH IN PETROL IS EXPECTED TO BE AROUND 5% WHEREAS IN DIESEL ABOUT 1.5% TO 2% IN THE NEAR FUTURE - CONCALL UPDATE
WIPRO: CO IS DEVELOPING AI-POWERED INDUSTRY AND CROSS-INDUSTRY SOLUTIONS USING A CONSULTING-LED APPROACH TO HELP CLIENTS TRANSFORM THEIR BUSINESS AND OPERATING MODELS - CONCALL UPDATE
WIPRO: CO IS GUIDING FOR A SEQUENTIAL REVENUE GROWTH OF MINUS 1.0% TO PLUS 1.0% IN CONSTANT CURRENCY FOR Q2 -- CO SAYS GUIDANCE FOR Q2 IS AMONGST THE BETTER GUIDANCE RANGES GIVEN IN THE LAST SIX QUARTERS - CONCALL UPDATE
VEDANTA: CO DECLARED PREFERRED BIDDER FOR NICKEL CHROMIUM AND PGE BLOCKS IN KARNATAKA AND BIHAR
COAL INDIA: CO GOT GOVT MINING ORDER FOR GRAPHITE BLOCK FROM MINISTRY OF MINES
YES BANK: Q1 GNPA 1.7% VS 1.7% (QOQ); NNPA 0.5% VS 0.5% (QOQ)
YES BANK: Q1 INTEREST EARNED 77B RUPEES VS 64.4B (YOY)
YES BANK: Q1 SL NET PROFIT 5B RUPEES VS 3.42B (YOY)
KOTAK MAHINDRA BANK: Q1 GNPA 1.39% VS 1.39% (QOQ); NNPA 0.35% VS 0.34% (QOQ)
KOTAK MAHINDRA BANK: Q1 INTEREST EARNED 127.4B RUPEES VS 105B (YOY)
KOTAK MAHINDRA BANK: Q1 SL NET PROFIT 62.5B RUPEES VS 34.5B (YOY)
HDFC BANK: Q1 GNPA 1.33% VS 1.24% (QOQ); NNPA 0.39% VS 0.33% (QOQ)
HDFC BANK: Q1 SL INTEREST EARNED 730B RUPEES VS 486B (YOY)
HDFC BANK: Q1 SL NET PROFIT 161.7B RUPEES VS 119.5B (YOY); EST 156.52B
IRCTC: GOVERNMENT UPGRADES CO TO SCHEDULE A CENTRAL PUBLIC SECTOR ENTERPRISE FROM SCHEDULE B
RELIANCE: CO EXEC SAYS CURRENT FOCUS IS ON SUSTAINING OIL AND GAS PRODUCTION -- CO EXEC SAYS EXPECT GLOBAL GAS PRICES TO REMAIN SUPPORTED IN NEAR TERM
RELIANCE: CO EXEC SAYS WILL SEE NEW RANGE OF PRODUCTS IN CONSUMER BRANDS BUSINESS -- CO EXEC SAYS INVESTING IN MANUFACTURING SUPPLY CHAIN FOR CONSUMER PRODUCTS
INDUSIND BANK: CO APPROVED FUND RAISE VIA DEBT SECURITIES WORTH 200B RUPEES -- CO TO ALSO ISSUE SECURITIES WORTH UP TO 100B RUPEES
RELIANCE INDUSTRIES: CO EXEC SAYS DISCRETIONARY DEMAND IN FASHION AND RETAIL LOWER; CO EXEC SAYS BENEFIT OF JIO TARIFF HIKES WILL BE SEEN IN COMING QUARTERS -- CO EXEC SAYS NET DEBT AT 1.12T RUPEES AS OF JUNE-END
RELIANCE INDUSTRIES: CO SAYS MADE SIGNIFICANT PROGRESS ON IMPLEMENTATION OF NEW ENERGY GIGA-FACTORIES
RELIANCE INDUSTRIES: CO SAYS Q1 CAPEX AT 287.85B RUPEES -- O2C BUSINESS IMPACTED BY LOWER FUEL CRACKS WITH TEPID GLOBAL DEMAND, RAMP-UP OF NEW REFINERIES
RELIANCE INDUSTRIES: CO SAYS OUTSTANDING DEBT 3.05T RUPEES AS ON JUNE 30 -- CO SAYS CASH AND CASH EQUIVALENTS 1.93T RUPEES AS ON JUNE 30
RELIANCE INDUSTRIES: JIO - Q1 ARPU 181.7 RUPEES PER SUBSCRIBER/MONTH
RELIANCE INDUSTRIES: Q1 EBITDA 387.6B RUPEES VS 380.93B (YOY) -- Q1 EBITDA MARGIN 16.41% VS 18.07% (YOY)
RELIANCE INDUSTRIES: Q1 REVENUE 2.36T RUPEES VS 2.11T (YOY)
RELIANCE INDUSTRIES: Q1 CONS NET PROFIT 151.4B RUPEES VS 160B (YOY)
POWERGRID: BOARD MEETING ON JULY 26 TO CONSIDER Q1 RESULTS
INDIAN HOTELS: CO SAYS EBITDAR MARGIN EXPANDED TO 41% IN Q1 VS. 26% PRE-COVID TARGET TO GROW TO 50% BY 2027 - INVESTOR PRESENTATION
INDIAN HOTELS: CO SAYS DOUBLE DIGIT REVENUE GROWTH EXPECTED FOR FY25 - INVESTOR PRESENTATION
VEDANTA: CO RAISES RS 8,500 CRORE VIA QIP -- ALLOTED 19.3 CRORE SHARES TO QIBS AT RS 440/SHARE -- ISSUE PRICE INDICATES A DISCOUNT OF 4.6% TO THE FLOOR PRICE
ICICI LOMBARD: CO SAYS EXCLUDING CROP AND MASS HEALTH, GDPI GROWTH OF THE COMPANY WAS AT 19.7%, WHICH WAS HIGHER THAN THE INDUSTRY GROWTH OF 14.8% IN Q1 FY2025
ICICI LOMBARD: CO SAYS GROSS DIRECT PREMIUM INCOME OF THE CO STOOD AT RUPEES 76.88B IN Q1 FY2025 COMPARED TO RUPEES 63.87B IN Q1 FY2024, A GROWTH OF 20.4%, WHICH WAS HIGHER THAN THE INDUSTRY GROWTH OF 13.3% - INVESTOR PRESENTATION
HDFC LIFE: CO SAYS SURESH BADAMI, DEPUTY MANAGING DIRECTOR, RESIGNS
MARUTI SUZUKI: CO SAYS GLOBAL IT ISSUE AFFECTED SEVERAL COMPANIES ACROSS SEVERAL COUNTRIES TODAY; CO HAS BEEN ABLE TO RESUME ITS OPERATIONS NOW -- CO DOES NOT ANTICIPATE ANY MATERIAL IMPACT OF THIS INCIDENT ON ITS PERFORMANCE
RELIANCE INDUSTRIES: JIO - Q1 EBITDA 139.2B RUPEES VS 136.12B (QOQ) -- Q1 EBITDA MARGIN 52.6% VS 52.4% (QOQ)
RELIANCE INDUSTRIES: JIO - Q1 REVENUE 264.78B RUPEES VS 259.59B (QOQ)
RELIANCE INDUSTRIES: JIO - Q1 CONS NET PROFIT 54.45B RUPEES VS 53.37B (QOQ)
TATA CONSUMER: CO SAYS SANCTION OF SCHEME OF AMALGAMATION OF 3 UNITS WITH CO, BY NATIONAL CO LAW TRIBUNAL
WIPRO: CO EXEC: PARTS OF BUSINESS PARTLY RECOVERING LIKE CAPCO -- CO EXEC SAYS THERE IS NO IMPACT OF CROWDSTRIKE TO WIPRO -- CO EXEC SAYS SPEAKING TO CLIENTS TO HELP THEM ON CROWDSTRIKE ISSUE
WIPRO: CO EXEC SAYS DID NOT SEE SIGNIFICANT SHIFT IN DEMAND ENVIRONMENT IN Q1 -- CO EXEC SAYS CLIENTS REMAIN CAUTIOUS, DISCRETIONARY SPENDING CONTINUE TO BE MUTED
WIPRO: CO CEO SAYS SEEING MOMENTUM IN CONSUMER BUSINESS IN US -- CO CEO SAYS DEAL PIPELINE IN EUROPE HEALTHY, PLAN TO IMPROVE ON DEAL CONVERSION -- CO CEO SAYS WE ARE REVIEWING OUR STRATEGY FOR APMEA MARKET
ICICI LOMBARD: Q1 COMBINED RATIO AT 102.3% VS 103.8% (YOY)
ICICI LOMBARD: Q1 REVENUE 45B RUPEES VS 38.87B (YOY)
ICICI LOMBARD: Q1 SL NET PROFIT 5.8B RUPEES VS 3.9B (YOY)
INFOSYS: BMO RAISES TARGET PRICE TO $23 FROM $18
ULTRATECH CEMENT: CO EXEC SAYS EXPECT DOUBLE DIGIT VOLUME GROWTH IN CURRENT FISCAL
ULTRATECH CEMENT: CO EXEC SAYS CANT GO BEYOND THE 23% INVESTMENT IN INDIA CEMENTS -- CO EXEC SAYS BELIEVE ENOUGH POTENTIAL IN SOUTH INDIA AMID ANDHRA PRADESH MARKET FIRMING UP
ULTRATECH CEMENT: CO EXEC SAYS GROWTH MOMENTUM EXPECTED TO PICK UP Q3 ONWARDS -- CO EXEC SAYS POSSIBILITY OF PRICE IMPROVEMENTS ONLY IN H2FY25 POST-MONSOONS
INDIAN HOTELS: Q1 EBITDA 4.5B RUPEES VS 4.10B (YOY) -- Q1 EBITDA MARGIN 29% VS 27.97% (YOY)
INDIAN HOTELS: Q1 REVENUE 15.5B RUPEES VS 14.66B (YOY)
INDIAN HOTELS: Q1 CONS NET PROFIT 2.48B RUPEES VS 2.22B (YOY)
JSW STEEL: CO SAYS SLURRY PIPELINE PROJECT TO BE TRANSFERRED TO JSW INFRA AT ABOUT 17B RUPEES
JSW STEEL: CO SAYS Q1 SAW HEAT WAVES AND SLOWER PUBLIC CAPITAL EXPENDITURE -- GOVT SPENDING IS ANTICIPATED TO REBOUND IN COMING QTRS
JSW STEEL: Q1 EBITDA 55.1B RUPEES VS 70.5B (YOY); EST 56.79B -- Q1 EBITDA MARGIN 12.83% VS 16.69% (YOY); EST 13.8%
JSW STEEL: Q1 REVENUE 429.4B RUPEES VS 422B (YOY); EST 412.76B
JSW STEEL: Q1 CONS NET PROFIT 8.45B RUPEES VS 23.38B (YOY); EST 11.49B
WIPRO: CO SAYS Q1 ORDER BOOKINGS $3,284 MLN
WIPRO: CO SEES Q2FY25 REV FROM IT SERVICES IN RANGE OF $2,600 MILLION TO $2,652 MILLION
WIPRO: Q1 EBIT 36.21B RUPEES VS 35.4B (QOQ); EST 36.42B -- Q1 EBIT MARGIN 16.48% VS 15.94% (QOQ); EST 16.4%
WIPRO: Q1 REVENUE 219.6B RUPEES VS 222B (QOQ)
WIPRO: Q1 CONS NET PROFIT 30.03B RUPEES VS 28.35B (QOQ)
ONGC: CO SAYS TOTAL INVESTMENT FOR THESE ACQUISITIONS WOULD BE UP TO USD 60 MILLION
ONGC: CO SAYS VIDESH LIMITED SIGNS SPA TO ACQUIRE STAKE IN ACG OIL FIELD, AZERBAIJAN
BPCL: CO AVERAGE GRM FOR APRIL-JUNE AT USD 7.86 PER BARREL VS USD 12.64 PER BARREL YEAR AGO
BPCL: Q1 EBITDA 56.50B RUPEES VS 92.13B (QOQ); EST 61.70B -- Q1 EBITDA MARGIN 4.41% VS 6.98% (QOQ); EST 6.1%
BPCL: Q1 REVENUE 1.28T RUPEES VS 1.32T (QOQ); EST 1T
BPCL: Q1 SL NET PROFIT 30B RUPEES VS 42.24B (QOQ); EST 33.10B
ULTRATECH CEMENT: CO SEES GREY CEMENT CAPACITY OF 183.5 MTPA BY FY27 IN INDIA
ULTRATECH CEMENT: COS DOMESTIC VOLUMES AT 6%, VOLUMES EXPECTED + 5% TO 6% (YOY)
ULTRATECH CEMENT: Q1 EBITDA 30.39B RUPEES VS 30.49B (YOY); EST 33.19B -- Q1 EBITDA MARGIN 16.82% VS 17.19% (YOY); EST 18.4%
ULTRATECH CEMENT: Q1 REVENUE 180.7B RUPEES VS 177B (YOY); EST 180.59B
ULTRATECH CEMENT: Q1 CONS NET PROFIT 17B RUPEES VS 16.9B (YOY); EST 17.28B
DIVIS LAB: CO SAYS USFDA INSPECTION IS SUCEESFULLY COMPLETED WITH ONE PROCEDURAL OBSERVATION AT ANDHRA PLANT
NESTLE: EU HAS LIMITED SUGAR CONTENT TO 5% IN BABY FOOD - CNBC TV18
NESTLE: BABY FOOD STANDARDS IN INDIA TO BE AT PAR WITH EUROPEAN STANDARDS - CNBC TV18
NESTLE: FSSAI BEGINS WORK ON REWORKING STANDARDS FOR BABY FOOD - CNBC TV18
INFOSYS LTD: RS. 98.03 CRORES NSE BLOCK TRADE; FOR ~ 543796 SHARES, AT RS. 1802.70
INFOSYS: CO HOLDS ITS MARGIN GUIDANCE AT 20% TO 22% -- CO IS OPTIMIZING AND MODERNIZING IT INFRASTRUCTURE SERVICES AND TRANSFORMING IT OPERATION MODELS WITH AI FOR CLIENTS - CONCALL UPDATE
INFOSYS: CO HAS INCREASED ITS GUIDANCE, INDICATING A MORE POSITIVE OUTLOOK THAN PREVIOUSLY EXPECTED -- THE GUIDANCE IS BASED ON THE COS Q1 PERFORMANCE, INCLUDING LARGE DEAL WINS, STRONG VOLUMES IN US FINANCIAL SERVICES, AND SUCCESSFUL EFFORTS TO WORK WITH CLIENTS ON VALUE AND PRICING - CONCALL UPDATE
INFOSYS: CO HAS REVISED ITS REVENUE GROWTH GUIDANCE FOR THE FULL FINANCIAL YEAR TO 3% TO 4% GROWTH IN CONSTANT CURRENCY -- THE OPERATING MARGIN GUIDANCE FOR THE FINANCIAL YEAR REMAINS AT 20% TO 22% - CONCALL UPDATE
INDUSIND BANK: MOODYS AFFIRMS COS BA1 RATINGS, UPGRADES STANDALONE CREDIT PROFILE - MOODYS RATINGS
TECH MAHINDRA: CO SAYS PLAN OF MERGER OF VCUSTOMER PHILIPPINES (CEBU) WITH VCUSTOMER PHILIPPINES INC
HDFC BANK: CO TO HOLD ANNUAL GENERAL MEETING ON AUG 9
HAL: CO SIGNED AN AMENDMENT TO MEMORANDUM OF UNDERSTANDING WITH AERONAUTICAL DEVELOPMENT AGENCY -- PROGRAM VALUE OF 29.70B RUPEES
DR. REDDY’S LAB: CO SIGNS NON-EXCLUSIVE PATENT LICENSING AGREEMENT WITH TAKEDA TO COMMERCIALISE VONOPRAZAN, A NOVEL GASTROINTESTINAL DRUG, IN INDIA
INFOSYS: CO CEO SAYS ENGINEERING SERVICES GROWING WELL, SEEING TRACTION TO AUTOMATION, MEDICAL DEVICES -- CO CEO SAYS LARGE DEALS CONVERTING TO REV AS PER EXPECTATION, THERES NO SLOWING DOWN
INFOSYS: CO EXEC SAYS PRICING ENVIRONMENT REMAINED STABLE -- CO EXEC SAYS SEEING RECOVERY IN BFSI SEGMENT
INFOSYS: CO EXEC SAYS LOOKING TO HIRE 15-20K FRESHERS IN FY25 -- CO EXEC SAYS GOOD DEMAND IN EUROPEAN MARKET, AND SOME LARGE DEALS HAVE RAMPED UP
INFOSYS: CO CEO SAYS SEEING IMPROVEMENT IN NORTH AMERICA -- CO CEO SAYS VOLUME GROWTH TURNED POSITIVE AFTER SEVERAL QUARTERS -- CO CEO SAYS DISCRETIONARY SPEND CONTINUES TO BE UNDER PRESSURE
PERSISTENT SYSTEMS: Q1 EBITDA 3.84B RUPEES VS 3.74B (QOQ) -- Q1 EBITDA MARGIN 14.03% VS 14.45% (QOQ)
PERSISTENT SYSTEMS: Q1 REVENUE 27.37B RUPEES VS 25.9B (QOQ)
PERSISTENT SYSTEMS: Q1 CONS NET PROFIT 3.06B RUPEES VS 3.15B (QOQ)
INFOSYS: CO SEES FY25 REV GROWTH BETWEEN 3-4% -- CO SEES FY25 OP MARGIN GROWTH BETWEEN 20-22% -- CO SAYS Q1 LARGE DEAL TCV AT $4.1B
INFOSYS: Q1 CONS NET PROFIT 63.7B RUPEES VS 79.7B (QOQ); EST 62B
INFOSYS: Q1 REVENUE 393B RUPEES VS 379B (QOQ)
INFOSYS: Q1 CONS NET PROFIT 63.7B RUPEES VS 79.7B (QOQ)
INFOSYS: Q1 EBIT 82.88 RUPEES VS 76.2B (QOQ); EST 80.40B -- Q1 EBIT MARGIN 21.08% VS 20.10% (QOQ); EST 20.7%
BPCL: MOODYS RATINGS AFFIRMS COS BAA3 RATINGS; OUTLOOK STABLE
LTIMINDTREE: COS MULTI - MILLION CONTRACT EXTENSION WITH ABSA BANK (CORRECTION)
LTIMINDTREE: COS MILLION DOLLAR CONTRACT EXTENSION WITH ABSA BANK
LTIMINDTREE: ABSA BANK REAFFIRMS CO AS A STRATEGIC TECHNOLOGY PARTNER IN ITS TRANSFORMATION JOURNEY
HAVELLS INDIA: Q1 EBITDA 5.72B RUPEES VS EST 6.25B -- Q1 EBITDA MARGIN 9.86% VS EST 10.8%
HAVELLS INDIA: Q1 REVENUE 58.1B RUPEES VS 48.24B (YOY); EST 57.87B
HAVELLS INDIA: Q1 CONS NET PROFIT 4.1B RUPEES VS 2.87B (YOY); EST 4.45B
VARUN BEVERAGES LTD: Rs. 43.20 Crores NSE Block Trade; for ~ 269974 Shares, at Rs. 1600.00
AVENUE SUPERMARTS LTD: RS. 230.56 CRORES NSE BLOCK TRADE; FOR ~ 457114 SHARES, AT RS. 5043.85
INDUSIND BANK: BANK COLLABORATES WITH INSPIRE INSTITUTE OF SPORT TO LAUNCH WRESTLE FOR GLORY
TATA POWER: COS RENEWABLE ENERGY AND NHPC RENEWABLE ENERGY INK MOU FOR AMBITIOUS SOLAR INITIATIVE FOR GOVERNMENT BUILDINGS
CIPLA LTD: Rs. 37.91 Crores NSE Block Trade; for ~ 251497 Shares, at Rs. 1507.45
ZOMATO LTD: Rs. 43.28 Crores NSE Block Trade; for ~ 2016294 Shares, at Rs. 214.67
ASIAN PAINTS: CO SAYS GREEN SHOOTS SEEN IN RURAL MARKETS, EXPECTED PROGRESSION OF MONSOON TO SUPPORT THIS UPTICK, FOCUSED ON SCALING UP OUR INDUSTRIAL BUSINESSES AND FURTHER GALVANIZE OUR HOME DÉCOR CATEGORIES - INVESTOR PRESENTATION
ASIAN PAINTS: CO SAYS POST ELECTIONS, GROWTH MOMENTUM FROM GOVT INVESTMENTS EXPECTED TO CONTINUE DRIVING OUR B2B BUSINESS, UPCOMING FESTIVE SEASON AUGURS WELL FOR PEAK SEASON DEMAND - INVESTOR PRESENTATION
LTIMINDTREE: CO IS SYSTEMATICALLY INVESTING IN ITS CANVAS.AI PLATFORM TO ENABLE CUSTOMERS IN THEIR AI JOURNEY - CONCALL UPDATE
LTIMINDTREE: COS STRATEGY IS "AI FOR EVERYTHING, EVERYTHING FOR AI, AND AI FOR EVERYONE" TO DRIVE CULTURAL CHANGE WITHIN THE ORGANIZATION AND AMONG CLIENTS - CONCALL UPDATE
LTIMINDTREE: CO EXPECTS THE MOMENTUM TO CONTINUE IN Q2, INDICATING A POSITIVE OUTLOOK, DRIVING GROWTH AND POTENTIALLY IMPROVING MARGINS - CONCALL UPDATE
BAJAJ AUTO: CO WILL COMMENCE PROMOTION OF BIG BIKES FROM KTM IN Q2, WITH SALES STARTING FROM OCT -- CO IS EXPANDING ITS CAPACITY, CAPABILITIES, AND NETWORK FOR NEW BUSINESSES AND LAUNCHES, INCLUDING FREEDOM, NS400, ELECTRIC TWO-WHEELERS, ELECTRIC THREE-WHEELERS, AND TRIUMPH - CONCALL UPDATE
BAJAJ AUTO: CO EXPECTS Q2 TO BE BETTER THAN Q1 AND CONTINUES TO BE ON A GROWTH PATH IN THE EXPORTS BUSINESS UNIT -- CO PROVIDED CAPEX GUIDANCE IN THE RANGE OF RS 700 CR TO RS 800 CR FOR THE YEAR - CONCALL UPDATE
LTIMINDTREE: CO DELIVERS 2.6% (QOQ) USD REVENUE GROWTH IN CC
ASHOK LEYLAND: CO SAYS UNIT HINDUJA TECH SIGNS DEFINITIVE AGREEMENT TO ACQUIRE TECOSIM GROUP GMBH -- DEAL FOR ENTERPRISE VALUE OF ABOUT EUR 21M
ULTRATECH CEMENT: CO SAYS ACQUISITION OF 26% EQUITY SHARE CAPITAL OF AMPLUS OMEGA SOLAR -- DEAL FOR EQUITY INVESTMENT OF UPTO 243M RUPEES
TVS MOTORS: NORTON ANNOUNCES PLANS FOR INCREASED SALES THROUGH SALES PARTNERS IN USA, GERMANY, FRANCE, ITALY AND INDIA -- NORTON SHARES THE LEADERSHIP TEAM ASSEMBLED THAT WILL TAKE NORTON TO THE GLOBAL STAGE
TVS MOTORS: NORTON MOTORCYCLES CELEBRATES THE BEGINNING OF A NEW ERA WITH PLANS FOR GLOBAL EXPANSION -- NORTON REVEALS PLANS FOR SIX NEW PRODUCTS OVER THE NEXT THREE YEARS
INFOSYS: TD COWEN RAISES TARGET PRICE TO $17 FROM $16
LTIMINDTREE: CO SAYS APPROVAL TO SET-UP ENTITY BY UNIT IN BRAZIL, WITH INITIAL INVESTMENT OF $1M
LTIMINDTREE: CO SAYS FISCAL FY25 STARTED ON A POSITIVE NOTE -- CO SAYS SEEING MEASURED UPTICK IN IT SPENDING FOR CRITICAL INITIATIVES
LTIMINDTREE: Q1 EBIT 13.71B RUPEES VS 13.09B (QOQ) -- Q1 EBIT MARGIN 14.99% VS 14.72% (QOQ)
LTIMINDTREE: Q1 REVENUE 91.43B RUPEES VS 88.9B (QOQ)
LTIMINDTREE: Q1 CONS NET PROFIT 11.34B RUPEES VS 11B (QOQ)
ASIAN PAINTS: CO EXEC SAYS WE COULD SEE FURTHER PRICE INCREASES -- CO EXEC SAYS EXPECT DOUBLE-DIGIT VOLUME GROWTH FOR Q2
ASIAN PAINTS: CO SAYS KEY GEOGRAPHIES OF NEPAL, BANGLADESH & EGYPT SEEN TO REMAIN CHALLENGED IN NEAR TERM -- SUPPLY CHAIN CHALLENGES TO BE MONITORED WITH CONTINUED RED SEA SHIPPING CRISIS
ASIAN PAINTS: CO SAYS CONFIDENT OF GREEN SHOOTS SEEN IN RURAL MARKETS IN FY25 -- CO SAYS SEEING SOME SIGNS OF INFLATION IN CERTAIN RAW MATERIALS
ASIAN PAINTS: CO SAYS SUBDUED DEMAND ENVIRONMENT IMPACTED CONSUMPTION -- REVENUE AFFECTED ON ACCOUNT OF PRICE CUTS -- CO SAYS NEAR TERM, EXPECT DEMAND CONDITIONS TO IMPROVE
ASIAN PAINTS: Q1 EBITDA 16.94B RUPEES VS 21.21B (YOY) -- Q1 EBITDA MARGIN 18.88% VS 23.10% (YOY)
ASIAN PAINTS: Q1 REVENUE 89.7B RUPEES VS 91.82B (YOY)
ASIAN PAINTS: Q1 CONS NET PROFIT 11.7B RUPEES VS 15.5B (YOY)
MARUTI SUZUKI: SUZUKI ANNOUNCES TECHNOLOGY STRATEGY FOR 10 YEARS AHEAD -- STRATEGY INCLUDES LIGHT-WEIGHT AND SAFETY BODY, LEAN-BATTERY BEV/HEV (BATTERY ELECTRIC VEHICLE/HYBRID ELECTRIC VEHICLE),HIGH-EFFICIENCY ICE/CNF TECHNOLOGY
TATA POWER: CO TO EXPLORE SMALL MODULAR NUCLEAR REACTORS AND DISCOMS EXPANSION OPPORTUNITIES - STATEMENT
TATA POWER: CO TO INVEST 200B RUPEES CAPEX IN FY25 -- CO EXPLORE SMALL MODULAR NUCLEAR ON GOVERNMENT GIVING NECESSARY PERMISSIONS - STATEMENT
ONGC: CO HAS COMMENCED ITS PRODUCTION FROM COAL BED METHANE (CBM) BLOCK IN BOKARO, JHARKHAND -- CO SAYS IT’S A HUMBLE BEGINNING AND INITIAL PRODUCTION OF 1,70,000 SCMD AND EXPECTED TO RAMP UPTO 3,00,000 SCMD BY END OF THE CURRENT FY
BHARTI AIRTEL: CO NET ADDS 12.5 LAKH MOBILE USERS IN MAY VS 7.5 LAKH ADDED IN APRIL - TRAI
RELIANCE INDUSTRIES: JIO NET ADDS 22 LAKH MOBILE USERS IN MAY VS 26.9 LAKH ADDED IN APRIL - TRAI
WIPRO: CO TO INFUSE ADDITIONAL SUBSCRIPTION AMOUNT OF 1.4M RUPEES HEPL -- ADDITIONAL SUBSCRIPTION TOWARDS ADDITIONAL CAPACITY FOR RENEWABLE ENERGY USAGE
VEDANTA: CO TO USE RS 8,000-CRORE QIP PROCEEDS TO REPAY OAKTREE, DEUTSCHE, UNION BANK - MONEYCONTROL
INDIAN OIL CORP: CO ISSUED NON-CONVERTIBLE DEBENTURES AGGREGATING TO 25B RUPEES -- CO ISSUED NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS
SRF: BOARD MEETING ON JULY 23 TO CONSIDER Q1 RESULTS -- CO TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UPTO 7.5B RUPEES
ADANI ENTERPRISES: CO SAYS DEAL FOR 20,000 RUPEES PER SHR -- ACQUISITION WILL ENABLE SIRIUS DIGITECH TO PROVIDE CLOUD SERVICES
ADANI ENTERPRISES: CO EXECUTES AGREEMENT WITH PARSERLABS INDIA AND COREDGE.IO INDIA -- AGREEMENT TO ACQUIRE 77.5% STAKE IN PIPL
HDFC BANK: MOODYS RATINGS AFFIRMS HDFC BANKS BAA3 DEPOSIT RATINGS, OUTLOOK STABLE
BAJAJ AUTO: CO SAYS TRIUMPH, NEARING ITS ONE-YEAR MARK, ACHIEVED SIGNIFICANT MILESTONES WITH OVER 60,000 UNITS SOLD AND SALES EXCEEDING RUPEES 1,200 CR
BAJAJ AUTO: BAJAJS PULSAR BRAND, WITH ITS PREMIUMIZATION EFFORTS, HAS LED TO A ROBUST QUARTER AND SUSTAINED DOUBLE-DIGIT GROWTH
BAJAJ AUTO: Q1 EBITDA 24.15B RUPEES VS 19.53B (YOY); EST 23.60B -- Q1 EBITDA MARGIN 20.2% VS 19% (YOY); EST 20%
BAJAJ AUTO: Q1 REVENUE 119B RUPEES VS 103.1B (YOY); EST 117B
BAJAJ AUTO: Q1 SL NET PROFIT 19.9B RUPEES VS 16.65B (YOY); EST 19.80B
BANK OF BARODA: RS. 54.26 CRORES NSE BLOCK TRADE; FOR ~ 2096367 SHARES, AT RS. 258.85
CIPLA: CO DISCLOSES ADDITIONAL TAX DEMAND OF RS 773.44 CRORE
ITC: CO UNIT INTERNATIONAL TRAVEL HOUSE: Q1 REVENUE 557M RUPEES VS 586M (YOY)
ITC: CO UNIT INTERNATIONAL TRAVEL HOUSE: Q1 EBITDA 96M RUPEES VS 86M (YOY) -- Q1 EBITDA MARGIN 17.15% VS 14.68% (YOY)
ITC: CO UNIT INTERNATIONAL TRAVEL HOUSE: Q1 NET PROFIT 67M RUPEES VS 61M (YOY)
KOTAK MAHINDRA BANK LTD: RS. 54.80 CRORES NSE BLOCK TRADE; FOR ~ 301912 SHARES, AT RS. 1815.00
APL APOLLO TUBES LTD: RS. 79.03 CRORES NSE BLOCK TRADE; FOR ~ 509879 SHARES, AT RS. 1550.00
AVENUE SUPERMARTS LTD: RS. 50.78 CRORES NSE BLOCK TRADE; FOR ~ 100820 SHARES, AT RS. 5036.40
ULTRATECH CEMENT LTD: RS. 120.03 CRORES NSE BLOCK TRADE; FOR ~ 101634 SHARES, AT RS. 11809.95
TATA MOTORS: UP GOVT EXTENDS EV SUBSIDY POLICY TILL 2027 FOR 2 WHEELERS WITH 5000 RUPEES SUBSIDY AND 4 WHEELERS WITH 1 LAKH RUPEES SUBSIDY - CNBC AAWAZ
TATA MOTORS: UP GOVERNMENT EXTENDS EV SUBSIDY TILL 2027
GAIL: CO CLARIFIES ON NEWS ITEM - PROPOSED GAILS INVESTMENT OF AROUND RS 700 CR IN YAMUNA CITY -- CO SAYS NO SPECIFIC INVESTMENT APPROVAL HAS YET BEEN ACCORDED
EICHER MOTORS LTD: RS. 63.90 CRORES NSE BLOCK TRADE; FOR ~ 129906 SHARES, AT RS. 4918.95
TATA CONSULTANCY SERVICES LTD: RS. 83.87 CRORES NSE BLOCK TRADE; FOR ~ 200595 SHARES, AT RS. 4181.20
HDFC LIFE INSURANCE: CO EXPECTS TO MAINTAIN ITS CURRENT LEVEL OF CAPITAL FOR THE FORESEEABLE FUTURE WITH THE FIRST TRANCHE OF CAPITAL RAISED - CONCALL UPDATE
HDFC LIFE INSURANCE: CO ANTICIPATES A GROSS IMPACT OF APPROXIMATELY 100 BASIS POINTS ON THE NEW BUSINESS MARGIN DUE TO HIGHER SURRENDER VALUE PAYABLE ON EARLY EXITS - CONCALL UPDATE
HDFC AMC: CO EXPECTS MARGIN TO RISE FROM YEAR TWO ONWARDS DUE TO A STEPPED-UP STRUCTURE -- CO HAS A GENERAL EXPENSE GROWTH EXPECTATION OF 12%, 15% ON AN ANNUAL BASIS. - CONCALL UPDATE
VEDANTA: CO APPROVED FLOOR PRICE FOR QIP ISSUE AT 461.26 RUPEES PER SHARE
INDIAN HOTEL: BOARD MEETING ON JULY 19 TO CONSIDER Q1 RESULTS
ADANI ENTERPRISES: ADANI EYES JAYPEE CEMENT ASSETS THROUGH IBC - MONEYCONTROL
SUN PHARMA: BOARD MEETING ON AUG 1 TO CONSIDER Q1 RESULTS
LUPIN: CO DIVESTS U.S. COMMERCIAL WOMEN’S HEALTH SPECIALTY BUSINESS TO EVOFEM, INCLUDING SOLOSEC -- TOTAL CONSIDERATION OF UP TO USD 84M
HUL: CO ANNOUNCED IT HAS SIGNED AN AGREEMENT FOR THE SALE OF ITS PUREIT BUSINESS IN INDIA; BUSINESS IS BEING SOLD TO A. O. SMITH ON SLUMP SALE BASIS -- SALE FOR ENTERPRISE VALUE OF $72M
HDFC LIFE: COS JUNE QUARTERLY AVERAGE AUM AT 9.6T RUPEES VS 8.6T RUPEES (QOQ)
FEDERAL BANK: BANK TO CONSIDER Q1 RESULTS ON JULY 24
HDFC AMC: Q1 SL NET PROFIT 6.04B RUPEES VS 4.8B (YOY)
HDFC AMC: Q1 REVENUE 7.75B RUPEES VS 5.74B (YOY)
ITC LTD: Rs. 17.08 Crores NSE Block Trade; for ~ 367059 Shares, at Rs. 465.45
HDFC LIFE INSURANCE CO: Q1 VNB 7.2B VS 6.10B (YOY); EST 7.3B
HDFC LIFE INSURANCE CO: Q1 VNB MARGIN 25% VS DOWN 26.2%; EST 25.64%
HDFC LIFE INSURANCE CO: Q1 NEW BUSINESS PREMIUM 64B VS 58.69B (YOY); EST 65.40B
HDFC LIFE INSURANCE CO: Q1 TOTAL APE 28.66B VS 23.28B (YOY); EST 28.46B
HDFC LIFE: CO ACHIEVES 18% VNB GROWTH DRIVEN BY 31% GROWTH IN INDIVIDUAL APE, 22% INCREASE IN NUMBER OF POLICIES
HDFC LIFE INSURANCE CO: Q1 NET PREMIUM INCOME 125.1B RUPEES VS 114.79B (YOY)
HDFC LIFE INSURANCE CO: Q1 SL NET PROFIT 4.78B RUPEES VS 4.15B (YOY)
APL APOLLO TUBES LTD: RS. 185.57 CRORES NSE BLOCK TRADE; FOR ~ 1220629 SHARES, AT RS. 1520.25
TATA CONSULTANCY SERVICES LTD: RS. 53.45 CRORES NSE BLOCK TRADE; FOR ~ 127302 SHARES, AT RS. 4198.30
VARUN BEVERAGES: CO SIGNS AGREEMENTS TO MANUFACTURE, DISTRIBUTE & SELL SNACKS SIMBA MUNCHIEZ IN THE TERRITORY OF ZIMBABWE AND ZAMBIA
HINDALCO: CO APPROVED A PROPOSAL FOR SALE OF LAND SITUATED AT KALWA, MAHARASHTRA -- CO SAYS 595 CRS TO BE RECEIVED IN MULTIPLE TRANCHES OVER A PERIOD OF TIME AND 1.5% OF THE SALES REVENUE
CIPLA LTD: RS. 62.28 CRORES NSE BLOCK TRADE; FOR ~ 408027 SHARES, AT RS. 1526.25
IOC: CO TO CONSIDER Q1 RESULTS ON JULY 30
BAJAJ FINSERV LTD: RS. 92.10 CRORES NSE BLOCK TRADE; FOR ~ 578020 SHARES, AT RS. 1593.30
CANARA BANK: BANK TO CONSIDER Q1 RESULTS ON JULY 25
ASHOK LEYLAND: CO BAGS SINGLE LARGEST ORDER OF 2104 FULLY BUILT BUSES FROM MAHARASHTRA STATE ROAD TRANSPORT CORPORATION WORTH 981.45 CR RUPEES
AVENUE SUPERMARTS LTD: Rs. 26.60 Crores NSE Block Trade; for ~ 53418 Shares, at Rs. 4979.45
NTPC LTD: Rs. 45.90 Crores NSE Block Trade; for ~ 1201989 Shares, at Rs. 381.85
TITAN CO LTD: Rs. 20.25 Crores NSE Block Trade; for ~ 62928 Shares, at Rs. 3218.50
ZOMATO LTD: RS. 74.16 CRORES NSE BLOCK TRADE; FOR ~ 3282313 SHARES, AT RS. 225.95
DIVIS LABORATORIES LTD: Rs. 47.64 Crores NSE Block Trade; for ~ 104435 Shares, at Rs. 4562.05
TATA CONSULTANCY SERVICES LTD: RS. 150.26 CRORES NSE BLOCK TRADE; FOR ~ 357197 SHARES, AT RS. 4206.75
HCL TECHNOLOGIES LTD: Rs. 33.17 Crores NSE Block Trade; for ~ 207090 Shares, at Rs. 1601.65
HDFC BANK LTD: Rs. 24.56 Crores NSE Block Trade; for ~ 151051 Shares, at Rs. 1626.25
LUPIN: CO GETS USFDA NOD FOR GENERIC MEDICATION-- CO HAS RECEIVED APPROVAL FROM THE USFDA TO MARKET TOPIRAMATE EXTENDED-RELEASE CAPSULES IN THE US, THE DRUG FIRM SAID IN A STATEMENT
ZOMATO: CO AND SWIGGY HIKE PLATFORM FEE BY 20% TO RS 6 PER ORDER - ETNOW
HCL TECH: FY25 GUIDANCE REMAINS UNCHANGED -- GOOD Q1-REVENUE, MARGINS-SLIGHT BETTER THAN ESTIMATES -- SLIGHT UPGRADE BY BROKERAGES-GENAI GATHERING PACE
HCL TECH: EXPECT TO GROW IN Q2 WITH ALL VERTICALS AND GEOGRAPHIES SEEING (QOQ) GROWTH (EXCEPT FINANCIALS DUE TO STATE STREET) -- EXPECT TO SEE GROWTH IN BFSI FROM Q3 ONWARDS -- EXPECT MANUFACTURING TO GROW IN Q2 - ETNOW
M&M: BOARD MEETING ON JULY 31 TO CONSIDER Q1 RESULTS
GODREJ CONSUMER PRODUCTS: CO ANNOUNCED THAT IT HAS DEVELOPED ‘RENOFLUTHRIN’ - A PATENTED MOSQUITO REPELLENT MOLECULE AND HAS INTEGRATED IT INTO ITS HOUSEHOLD INSECTICIDE PRODUCT - BUSINESS STANDARD
MARICO: CO SAYS IN MEDIUM TERM, CO AIMS TO DELIVER DOUBLE-DIGIT REVENUE GROWTH -- CO SAYS EXPECTS DOMESTIC REVENUE GROWTH TO OUTPACE VOLUME GROWTH FROM Q1FY25 -- CO EXPECTS OPERATING MARGIN TO INCH UP OVER NEXT FEW YEARS - ANNUAL REPORT
HCLTECH: CO EXEC SAYS CONTINUE TO SEE GOOD DEMAND IN U.S. -- CO EXEC SAYS SEE SOME WEAKNESS IN INDUSTRIAL SEGMENT IN EUROPE THAT MAY IMPACT DEMAND
HCLTECH: CO EXEC SAYS EXPECT TO SEE GOOD DEAL BOOKINGS IN NEXT FEW QUARTERS -- CO EXEC SAYS DECISION TO CLOSE FEW DEALS MOVED TO Q2
INDUSIND BANK: BOARD MEETING ON JULY 19 TO CONSIDER PROPOSAL RELATING TO ISSUANCE OF LONG TERM BONDS/DEBT SECURITIES -- CO TO CONSIDER AUGMENTATION OF CAPITAL
HCLTECH: CO EXEC SAYS Q2 FINANCIAL SERVICES REVENUE IS EXPECTED TO DECLINE DUE TO STATE STREET DIVESTURE
HCLTECH: CO EXEC SAYS WE ASSUME DISCRETIONARY SPEND IN FY25 TO REMAIN SAME AS LAST YEAR -- CO EXEC SAYS NOT SEEING ANY RECOVERY IN SPENDS YET
HCLTECH: CO EXEC SAYS IN Q2, ALL VERTICALS AND MARKETS TO SEE SEQUENTIAL GROWTH EXCEPT FINANCIAL SERVICES
HCLTECH: CO EXEC SAYS QOQ REVENUE DECLINE MAINLY DUE TO PROJECT RAMPDOWNS IN MANUFACTURING
INFOSYS: CO FOUNDATION USA JOINS FORCES WITH CONGRESSIONAL APP CHALLENGE TO CHAMPION STEM EDUCATION ACROSS THE U.S.
HCLTECH: CO SAYS CONFIDENT OF DECENT GROWTH IN THE COMING QUARTERS -- CO SAYS COMMITTED TO IMPROVING OUR CAPITAL EFFICIENCY
HCL TECH: CO SAYS FY25 EBIT MARGIN SEEN BETWEEN 18-19% -- FY25 REV GROWTH SEEN BETWEEN 3-5% (YOY) IN CC -- Q1 TCV OF NEW DEAL WINS AT $1960 MLN
HCL TECH: CO HAS DECLARED AN INTERIM DIVIDEND OF 12 RUPEES PER EQUITY SHARE
HCL TECH: Q1 OTHER INCOME SEEN AT 11B VS 4B (QOQ)
HCL TECH: Q1 EBIT 47.95B RUPEES VS 50.24B (QOQ) - Q1 EBIT MARGIN 17.09% VS 17.63% (QOQ)
HCL TECH: Q1 REVENUE 280.5B RUPEES VS 284.99B (QOQ)
HCL TECH: Q1 CONS NET PROFIT 42.6B RUPEES VS 39.86B (QOQ); EST 37.8B
JSW STEEL: FITCH AFFIRMS JSW STEEL AT BB; OUTLOOK STABLE -- FITCH RATINGS AFFIRMED JSW STEEL LONG-TERM ISSUER DEFAULT RATING AT BB WITH A STABLE OUTLOOK
TATA STEEL: FITCH REVISES OUTLOOK ON TATA STEEL TO NEGATIVE FROM STABLE; AFFIRMS AT BBB-
RELIANCE INDUSTRIES: BOARD MEETING ON JULY 19 TO CONSIDER Q1 RESULTS
LUPIN: CO RECEIVES EIR FROM U.S. FDA FOR ITS DABHASA FACILITY -- INSPECTION CONCLUDED WITH NO OBSERVATIONS; FACILITY RECEIVING INSPECTION CLASSIFICATION OF NO ACTION INDICATED
ZOMATO: CO SAYS UNIT ZOMATO SLOVAKIA S.R.O. (ZOMATO SLOVAKIA), SITUATED IN SLOVAK REPUBLIC HAS BEEN DISSOLVED W.E.F. JULY 12, 2024
BEL: CO RECEIVES EXPORT ORDERS WORTH EURO 25.75 MILLION OR 230 CR RUPEES
MARICO LTD: RS. 164.34 CRORES NSE BLOCK TRADE; FOR ~ 2531204 SHARES, AT RS. 649.25
COAL INDIA: CO HAS TAKEN STEPS TO EASE THE NORMS IN E-AUCTIONS LIKE LOWERING THE EARNEST MONEY DEPOSIT (EMD) AND RAMPING UP THE QUANTITIES OFFERED UNDER THE AUCTION HAMMER
COAL INDIA: CO TO TWEAK ITS E-AUCTION NORMS
NTPC LTD: RS. 91.60 CRORES NSE BLOCK TRADE; FOR ~ 2423636 SHARES, AT RS. 377.95
INTERGLOBE AVIATION LTD: Rs. 44.56 Crores NSE Block Trade; for ~ 103058 Shares, at Rs. 4323.55
ADANI PORTS: CO TO COMPLETE VIZHINJAM FIRST PHASE BEFORE SCHEDULE
MARUTI SUZUKI INDIA LTD: Rs. 44.49 Crores NSE Block Trade; for ~ 35155 Shares, at Rs. 12655.90
ADANI PORTS: ADANI GROUP VIZHINJAM PORT TOTAL INVESTMENT RS 200B BY 2028-29 -BBG
CUMMINS INDIA LTD: Rs. 40.20 Crores NSE Block Trade; for ~ 101909 Shares, at Rs. 3945.00
HDFC BANK LTD: RS. 61.32 CRORES NSE BLOCK TRADE; FOR ~ 376240 SHARES, AT RS. 1629.80
KOTAK BANK: RS 183.03CR BSE BLOCK TRADE; FOR ~1000172 SHARES, AT RS 1830
ADANI PORTS: CO TO INVEST USD 1.2B IN TRANSSHIPMENT TERMINAL - MC
VARUN BEVERAGES: PEPSICO RECORDS DOUBLE-DIGIT BEVERAGE VOLUME GROWTH IN INDIA FOR THE JUNE QUARTER - NDTV PROFIT
RELIANCE INDUSTRIES: CO TO CONSIDER Q1 RESULTS ON JULY 19
M&M: CO SAYS STAKE IN GAMAYA SA DILUTED FOLLOWING CAPITAL REORGANIZATION -- CO SAYS REDUCTION IN ITS STAKE IN GAMAYA SA, SWITZERLAND, FROM 15.04% TO 4.33% ON A FULLY DILUTED BASIS
TCS: CO CEO SAYS MOST AI DEALS ARE SHORT-TERM, BUT STARTED SEEING SOME LONG TERM OPPORTUNITIES -- CO CEO SAYS GROWTH OF GCC NOT IMPACTING CO IN A MAJOR WAY
M&M: CO SAYS JUNE TOTAL VEHICLE OUTPUT AT 69,045 UNITS VS 64,092 UNITS (YOY)
INFOSYS: DELAWARE DEPARTMENT OF LABOR SELECTS CO PUBLIC SERVICES TO MODERNIZE ITS LABOR SYSTEMS
TCS: CO EXEC SAYS CONTINUE TO HOLD STAND THAT FY25 WILL BE BETTER THAN FY24
TCS: CO EXEC SAYS TOO EARLY TO CALL IF GROWTH MOMENTUM IS SUSTAINABLE, MARKET CONDITIONS REMAIN SAME AS LAST QUARTER
LTIMINDTREE: CO AND SNOWFLAKE STRENGTHEN JOINT COMMITMENT TO ENABLE ENTERPRISES TO ACCELERATE AI ADOPTION JOURNEY
BPCL: BOARD MEETING ON JULY 19 TO CONSIDER Q1 RESULTS
CANARA BANK: CO REVISES ONE YEAR MCLR TO 8.95% FROM 8.90%, EFFECTIVE JULY 12
TATA MOTORS: BOARD MEETING ON AUG 1 TO CONSIDER Q1 RESULTS
TCS: CO SAYS Q1 ORDER BOOK AT $8.3B
TCS: CO HAS DECLARED AN INTERIM DIVIDEND OF 10 RUPEES PER EQUITY SHARE
TCS: Q1 EBIT 154.4B RUPEES VS 159.2B (QOQ); 153B EST -- Q1 EBIT MARGIN 24.66% VS 25.99% (QOQ); 24.5% EST
TCS: Q1 REVENUE 626.1B RUPEES VS 612.4B (QOQ); 622B EST
TCS: Q1 CONS NET PROFIT 120.4B RUPEES VS 124.3B (QOQ); 120B EST
TATA CONSULTANCY SERVICES LTD: RS. 111.77 CRORES NSE BLOCK TRADE; FOR ~ 285116 SHARES, AT RS. 3920.00
BPCL: OPEN TO INDUCTING A FOREIGN PARTNER IN THE PLANNED REFINERY -- EXPLORING BUILDING A NEW REFINERY IN EITHER UTTAR PRADESH OR ANDHRA PRADESH - INDUSTRY SOURCE
BHARAT PETROLEUM CORP: CO PLANS A NEW 9-15 MTPA REFINERY - INDUSTRY SOURCE
HDFC BANK: CO IN TALKS WITH CREDIT FUNDS TO SELL 20% OF HDB FINANCIAL - MC
KOTAK MAHINDRA BANK LTD: RS. 50.69 CRORES NSE BLOCK TRADE; FOR ~ 276015 SHARES, AT RS. 1836.60
KOTAK MAHINDRA BANK LTD: RS. 123.75 CRORES NSE BLOCK TRADE; FOR ~ 673816 SHARES, AT RS. 1836.55
HDFC BANK LTD: RS. 98.42 CRORES NSE BLOCK TRADE; FOR ~ 610950 SHARES, AT RS. 1611.00
VEDANTA: CO TO ISSUE 8000CR VIA QIP - CNBCTV18
ONGC: CO HAS SOUGHT U.S. WAIVER TO LIFT OIL FROM VENEZUELA - INDUSTRY SOURCE
INFOSYS LTD: RS. 50.40 CRORES NSE BLOCK TRADE; FOR ~ 303909 SHARES, AT RS. 1658.55
TUBE INVESTMENTS OF INDIA LTD: RS. 436.94 CRORES NSE BLOCK TRADE; FOR ~ 1014629 SHARES, AT RS. 4306.40
VEDANTA: CO APPROVED ALLOTMENT OF NCDS WORTH 1000 CR RUPEES VIA PRIVATE PLACEMENT
BAJAJ FINSERV LTD: RS. 98.32 CRORES NSE BLOCK TRADE; FOR ~ 621069 SHARES, AT RS. 1583.00
GODREJ CONSUMER PRODUCTS LTD: RS. 52.96 CRORES NSE BLOCK TRADE; FOR ~ 367811 SHARES, AT RS. 1439.90
FEDERAL BANK LTD: RS. 62.89 CRORES NSE BLOCK TRADE; FOR ~ 3318690 SHARES, AT RS. 189.50
BAJAJ FINSERV: CO CONFIRMS 2 - 3% PRICE HIKE IN TERM INSURANCE PRODUCTS - NDTV PROFIT
UPL LTD: Rs. 28.61 Crores NSE Block Trade; for ~ 507196 Shares, at Rs. 564.00
BAJAJ FINSERV LTD: RS. 51.89 CRORES NSE BLOCK TRADE; FOR ~ 327411 SHARES, AT RS. 1585.00
YES BANK: FIRST ABU DHABI BANK SAYS CATEGORICALLY STATES THAT IT IS NOT EVALUATING ANY POSSIBLE OFFER FOR A STAKE IN YES BANK LTD - RTRS
BRITANNIA INDUSTRIES LTD: Rs. 17.79 Crores NSE Block Trade; for ~ 30931 Shares, at Rs. 5753.00
UPL LTD: Rs. 24.13 Crores NSE Block Trade; for ~ 427238 Shares, at Rs. 564.75
KOTAK MAHINDRA BANK: BANK TO CONSIDER Q1 RESULTS ON JULY 20
POWER GRID: CO APPROVED RAISING BORROWING LIMITS FROM 120B RUPEES TO 150B RUPEES
POWERGRID: CO APPROVED BORROW FUNDS OF UPTO RS.16,000 CRORE DURING THE FINANCIAL YEAR (FY) 2025- 26 THROUGH VARIOUS SOURCES
ULTRATECH CEMENT: COS UAE UNIT COMPLETES ACQUISITION OF 54.4% STAKE IN RAS AL KHAIMAH CO. FOR WHITE CEMENT AND CONSTRUCTION MATERIALS PSC -- RAKWCT HAS BECOME A SUBSIDIARY OF CO UNIT WITH EFFECT FROM 10TH JULY, 2024
INFOSYS: BOARD MEETING ON JULY 18 TO CONSIDER Q1 RESULTS
SHREE CEMENT: BOARD MEETING ON AUG 6 TO CONSIDER Q1 RESULTS
IRCTC: CO DMRC, AND CRIS COLLABORATE TO PROMOTE THE ONE INDIA – ONE TICKET INITIATIVE, ENHANCING THE TRAVEL EXPERIENCE FOR MAIN LINE RAILWAY AND METRO PASSENGERS IN THE DELHI NCR AREA
YES BANK: MOODYS RATINGS AFFIRMS YES BANKS BA3 RATINGS, CHANGES OUTLOOK TO POSITIVE FROM STABLE
SBI: BANK RAISED RS. 10,000 CRORES AT A COUPON RATE OF 7.36% THROUGH ITS SIXTH INFRASTRUCTURE BOND ISSUANCE
YES BANK: YES BANK’S $5B STAKE SAID TO DRAW MIDEAST, JAPAN LENDERS -- FIRST ABU DHABI BANK SAID AMONG LENDERS EYEING YES BANK STAKE
LARSEN & TOUBRO: BOARD MEETING ON JULY 24 TO CONSIDER Q1 RESULTS
M&M: CO SAYS KICKSTARTED EFFORT WITH THE LAUNCH OF AX5 SELECT VARIANT IN MAY 2024 AND ALSO BROUGHT IN 3RD ANNIVERSARY CELEBRATION VARIANT FOR THE HIGHER-END XUV700 FOR A LIMITED PERIOD OF 4 MONTHS
M&M: CO SAYS NEW XUV700 BOOKINGS IN JUNE WERE 23% HIGHER THAN MAY AND THERE IS NO CONCERN OF UNSOLD INVENTORY AS REPORTED BY CERTAIN NEWS CHANNELS/NEWSPAPERS
M&M: CO SAYS DEMAND FOR THE XUV700 CONTINUES TO BE ROBUST AND WE HAVE INCREASED OUR MANUFACTURING CAPACITY IN LINE WITH DEMAND
MAHINDRA & MAHINDRA: CO SAYS ANNOUNCED PRICE CUT OF XUV700 IS CONTINUATION OF BUSINESS STRATEGY EXECUTION
MAHINDRA & MAHINDRA: CO SAYS NO LINKAGE BETWEEN PRICE CUT ON CERTAIN XUV700 VARIANTS AND UP EV/HYBRID POLICY
ASIAN PAINTS: CO HIKES PRICES NEARLY BY 0.7 - 1% ACCROSS PORTFOLIO - CNBC TV18
ADANI PORTS: GUJARAT HC HAD EARLIER SAID THAT THE 108 HA OF LAND WAS TO BE RETRIEVED FOR CATTLE GRAZING - NDTV PROFIT
BAJAJ FINANCE: CO ALLOTTED 3,42,020 NCDS, AT FACE VALUE OF RS. 1 LAKH EACH, AGGREGATING TO RS 34.43B ON PRIVATE PLACEMENT BASIS
ADANI PORTS: SC STAYS GUJARAT HC ORDER IMPLEMENTING RESUMPTION TO THE LAND ALLOTED TO THE CO - NDTV PROFIT
BAJAJ AUTO: SC REJECTS COS PLEA SEEKING LIFTING OF CAP ON 3 WHEELERS REGISTERED IN DELHI - CNBCTV18
TVS MOTOR: CO LAUNCHES 2024 TVS APACHE RTR 160 - RACING EDITION
HDFC LIFE: CO HIKES TERM INSURANCE PREMIUM PRICE BY 10% FOR AGE GROUP OVER 60YEARS -CNBCTV18
SIEMENS: CO WINS ORDER WORTH 7.6B RS FROM BANGLORE METRO
PFC: PROJECTS FOR ADDING ANOTHER 50 GW ARE UNDER DEVELOPMENT -- GOAL TO ADD ANOTHER 11.9 GW OF HYDROPOWER CAPACITY IN THE NEXT 5 YEARS - ET NOW
REC: PROJECTS FOR ADDING ANOTHER 50 GW ARE UNDER DEVELOPMENT -- GOAL TO ADD ANOTHER 11.9 GW OF HYDROPOWER CAPACITY IN THE NEXT 5 YEARS - ET NOW
PFC: GOVT PLANS MEGA EXPANSION OF HYDRO POWER PROJECTS -- CURRENTLY 37 HYDROPOWER PROJECTS WITH A CAPACITY OF 15GW ARE UNDER CONSTRUCTION - ET NOW
REC: GOVT PLANS MEGA EXPANSION OF HYDRO POWER PROJECTS -- CURRENTLY 37 HYDROPOWER PROJECTS WITH A CAPACITY OF 15GW ARE UNDER CONSTRUCTION - ET NOW
TATA MOTORS: JLR INDIA 1Q FY25 RETAIL SALES UP 31% (YOY)
RELIANCE INDUSTRIES: CO SUBSCRIBES TO RUPEES 50 CR CLASS ‘B’ EQUITY SHARES OF MAHAN ENERGEN LTD
ADANI PORTS: CO GETS LOI FOR DEVELOPMENT, OPERATION AND MAINTENANCE OF BERTH NO. 13 AT DEENDAYAL PORT -- BERTH NO. 13 IS 300M LONG AND OFFERS 5.7 MMT CAPACITY ANNUALLY; BERTH IS LIKELY TO BE COMMISSIONED DURING FY2026-27 -- CO SAYS AWARDED LOI FOR A 30-YEAR CONCESSION PERIOD
HAVELLS INDIA: CO PLANNING TO EXPAND ITS MANUFACTURING CAPACITIES OF CABLES AT ITS ALWAR LOCATION -- INVESTMENT REQUIRED APPROX 3.75B RUPEES; PROPOSED CAPACITY ADDITION AT 4.12 MLN KMS (ANNUAL)
LUPIN: CO IN AUSTRALIA, ANTICIPATES MARKET EROSION IN TOP PRODUCTS DUE TO NEW ENTRANTS - ANNUAL REPORT
LUPIN: CO SAYS FY25 GROWTH IN BRAZIL TO BE DRIVEN BY PRICE HIKES, PERFORMANCE OF KEY PRODUCTS - ANNUAL REPORT
BANK OF BARODA: CO REVISES ONE YEAR MCLR TO 8.90% FROM 8.85%, EFFECTIVE JULY 12
M&M: MAHINDRA GROUP REDUCES THE PRICE OF ITS TOP XUV700 MODEL TO ₹19.49 LAKH EX-SHOWROOM - CNBCTV18
ONGC: CO TO INVEST RS 2 TRILLION TO MEET NET ZERO CARBON EMISSION TARGET - BUSINESS STANDARD
WIPRO: COGNIZANT CFO JATIN DALAL RESOLVES LAWSUIT WITH WIPRO -- COGNIZANT - ERMS OF SETTLEMENT, WHICH WAS REACHED WITHOUT ANY ADMISSION OF LIABILITY BY EITHER PARTY, ARE CONFIDENTIAL
JSW STEEL: CO SAYS CAPACITY UTILISATION AT INDIAN OPERATIONS STOOD AT 87% FOR Q1 FY25
JSW STEEL: CO REPORTED CONSOLIDATED CRUDE STEEL PRODUCTION FOR THE FIRST QUARTER OF FY 2024-25 AT 6.35M TONNES -- CRUDE STEEL PRODUCTION WAS LOWER BY 1% (YOY) AND 6% (QOQ) MAINLY DUE TO A PLANNED MAINTENANCE SHUTDOWNS
INFOSYS: CO COLLABORATES WITH SECTOR ALARM TO FUEL GROWTH THROUGH CLOUD-BASED MICROSOFT DYNAMICS ERP -- LEADING EUROPEAN SECURITY PROVIDER TO LEVERAGE INFOSYS COBALT TO MODERNIZE CORE SYSTEMS ACROSS EIGHT COUNTRIES
IOC: RUSSIA HAS OFFERED THE SCHEME ( REDUCTION OF TRANSACTION FEES ) ON THE OIL IMPORTS - ZEE BUSINESS
BPCL: RUSSIA HAS OFFERED THE SCHEME ( REDUCTION OF TRANSACTION FEES ) ON THE OIL IMPORTS - ZEE BUSINESS
BHARAT ELECTRONICS: CO AND DATA PATTERNS BIDS HAVE CLEARED BY THE TECHNO-COMMERCIAL EVALUATION COMMITTEE (TCEC) OF IRDE, DRDO FOR THE DEVELOPMENT OF DISTRIBUTED APERTURE SYSTEM-HD (DAS-HD) FOR THE FUTURE FIGHTER PROGRAMS OF INDIAN AIR FORCE - ALPHA DEFENCE
MARUTI SUZUKI: RC BHARGAVA UP MOVES WILL HAVE A SHORT TERM SALES IMPACT
MARUTI SUZUKI: RC BHARGAVA LOWERING DEPENDENCE ON IMPORTED OIL CANNOT BE ACHIEVED ONLY BY EV - ET NOW
MARUTI SUZUKI: RC BHARGAVA SAYS HYBRID CARS ARE LESS POLLUTING COMPARED TO PETROL AND DIESEL- ET NOW
MARUTI SUZUKI: CO EXEC SAYS TALKS ARE ALSO ONGOING REGARDING TAX CUT ON CNG VEHICLES - ET NOW
TATA MOTORS: REVISED STARTING PRICES OF SUV HARRIER AND SAFARI -- CO TO GIVE BENEFITS UP TO RS 140,000 ON SUV VARIANTS - BBG
HDFC BANK LTD: Rs. 23.36 Crores NSE Block Trade; for ~ 142513 Shares, at Rs. 1639.00
IOC: GOVERNMENT HAS APPROVED A PIONEERING SCHEME FOR COAL GASIFICATION, OFFERING ROBUST FINANCIAL INCENTIVES OF RS. 8500 CR. MINISTRY OF COAL INTRODUCED A STRINGENT TWO-STAGE BIDDING PROCESS FOR COAL/LIGNITE GASIFICATION PROJECTS,
GAIL: GOVERNMENT HAS APPROVED A PIONEERING SCHEME FOR COAL GASIFICATION, OFFERING ROBUST FINANCIAL INCENTIVES OF RS. 8500 CR. MINISTRY OF COAL INTRODUCED A STRINGENT TWO-STAGE BIDDING PROCESS FOR COAL/LIGNITE GASIFICATION PROJECTS,
GAIL: GOVERNMENT HAS APPROVED A PIONEERING SCHEME FOR COAL GASIFICATION, OFFERING ROBUST FINANCIAL INCENTIVES OF RS. 8500 CR. MINISTRY OF COAL INTRODUCED A STRINGENT TWO-STAGE BIDDING PROCESS FOR COAL/LIGNITE GASIFICATION PROJECTS,
HDFC BANK LTD: RS. 77.56 CRORES NSE BLOCK TRADE; FOR ~ 472873 SHARES, AT RS. 1640.15
PIDILITE INDUSTRIES LTD: Rs. 15.58 Crores NSE Block Trade; for ~ 50065 Shares, at Rs. 3112.70
KOTAK MAHINDRA BANK LTD: Rs. 27.41 Crores NSE Block Trade; for ~ 148981 Shares, at Rs. 1839.95
AXIS BANK LTD: Rs. 47.01 Crores NSE Block Trade; for ~ 365447 Shares, at Rs. 1286.25
L&T: CO WINS SIGNIFICANT CONTRACT -- SIGNIFICANT CONTRACT VALUES BETWEEN 1000 TO 2500 CR RUPEES
ITC LTD: Rs. 23.09 Crores NSE Block Trade; for ~ 512701 Shares, at Rs. 450.30
HCL TECHNOLOGIES LTD: Rs. 15.04 Crores NSE Block Trade; for ~ 98004 Shares, at Rs. 1534.65
BHARAT ELECTRONICS LTD: Rs. 34.50 Crores NSE Block Trade; for ~ 1044182 Shares, at Rs. 330.45
TATA MOTORS LTD: RS. 93.68 CRORES NSE BLOCK TRADE; FOR ~ 928595 SHARES, AT RS. 1008.80
AVENUE SUPERMARTS LTD: Rs. 46.33 Crores NSE Block Trade; for ~ 95007 Shares, at Rs. 4876.35
ULTRATECH CEMENT LTD: RS. 83.88 CRORES NSE BLOCK TRADE; FOR ~ 72740 SHARES, AT RS. 11532.00
YES BANK: BANK CLARIFIES THAT THE CONTENTS OF ARTICLE - " YES BANKS 51% SALE PLAN WINS RBI NOD "ARE FACTUALLY INCORRECT -- CO SAYS RBI HAS NOT GIVEN ANY IN PRINCIPLE APPROVAL AS STATED IN THE SAID ARTICLE
L&T: CO UNIT HAS ENTERED INTO A SHARE PURCHASE AGREEMENT FOR ACQUISITION OF 100% STAKE IN SILICONCH SYSTEMS PVT LTD -- CO UNIT TO BUY SILICONCH FOR RUPEES 1.33B UPFRONT PAYMENT
NESTLE INDIA: CO SAYS SHAREHOLDERS APPROVE CONTINUATION OF 4.5% ROYALTY PAYMENT TO PARENT CO
GODREJ CONSUMER: CO SAYS THE OPERATING CONDITIONS IN INDIA CONTINUING TO REMAIN SOFT IN THE QUARTER
GODREJ CONSUMER: AT A CONSOLIDATED LEVEL (ORGANIC), CO EXPECT FLATTISH INR SALES, DOUBLE-DIGIT CONSTANT CURRENCY SALES GROWTH AND DOUBLE-DIGIT EBITDA (REPORTED) GROWTH
BPCL: CO AMONG EIGHT BIDDERS FOR SRI LANKAN LPG COMPANY AND TERMINAL - MC
BAJAJ FINSERV: CO SUBSIDIARY BAJAJ ALLIANZ LIFE INSURANCE CO JUNE NEW BUSINESS PREMIUM SEEN AT 10.8B VS 7.68B (MOM)
BAJAJ FINSERV: CO SUBSIDIARY BAJAJ ALLIANZ GENERAL INSURANCE CO JUNE GROSS DIRECT PREMIUM UNDERWRITTEN SEEN AT 12.34B VS 10.93B (MOM)
M&M: MAHINDRA LAUNCHES MILEAGE GUARANTEE FOR BS6 OBD II TRUCKS
SUN PHARMA: CO EXPECTS HIGH SINGLE-DIGIT CONSOLIDATED TOPLINE GROWTH FOR FY25 -- CO SAYS EXPECT TO START ENROLLING PATIENTS FOR PHASE-2 TRIALS OF WEIGHT LOSS DRUG GLP-1R DURING H2CY24 - ANNUAL REPORT
IDFC FIRST BANK: BOARD MEETING ON JULY 27 TO CONSIDER Q1 RESULTS
INDIAN OIL: CO JV FIRM TO RAISE UP TO RS 1,200 CRORE TO FINANCE CBG PLANT PROJECTS -- INDIAN OIL MAJORS ARE PIVOTING TOWARDS BIOFUELS LIKE CBG TO ENHANCE ENERGY SECURITY, REDUCE GREENHOUSE GAS EMISSIONS, AND ACHIEVE NET-ZERO GOALS.- MC
BHARAT ELECTRONICS LTD: RS. 50.31 CRORES NSE BLOCK TRADE; FOR ~ 1520741 SHARES, AT RS. 330.85
MARICO LTD: Rs. 33.91 Crores NSE Block Trade; for ~ 526989 Shares, at Rs. 643.45
DABUR INDIA LTD: Rs. 15.23 Crores NSE Block Trade; for ~ 241146 Shares, at Rs. 631.75
L&T: CO WINS MEGA CONTRACT -- MEGA CONTRACT VALUES BETWEEN 10000 - 15000 CR RUPEES
APL APOLLO TUBES LTD: Rs. 26.53 Crores NSE Block Trade; for ~ 170127 Shares, at Rs. 1559.45
NESTLE: CO DECLARED AN INTERIM DIVIDEND OF RUPEES 2.75 PER EQUITY SHARE
AXIS BANK LTD: RS. 82.90 CRORES NSE BLOCK TRADE; FOR ~ 646120 SHARES, AT RS. 1283.00
AU SMALL FINANCE: BANKSS JUNE TOTAL DEPOSITS DOWN 0.4% (QOQ) -- JUNE CASA DEPOSITS, UP 1.8% (QOQ) -- JUNE CASA RATIO: 33%, UP FROM 32% (QOQ)
APOLLO HOSPITALS: CO TO ACQUIRE 35,12,107 EQUITY SHARES OF AHLL FOR RUPEES 103 CR VIA RIGHTS ISSUE, ENHANCING AHLLS BUSINESS OPERATIONS, WORKING CAPITAL, AND EXPANSION IN HEALTHCARE SERVICES
TATA STEEL: CO SAYS U.K. LIQUID STEEL PRODUCTION AT 0.68 MILLION TONNES, DOWN 20% (YOY) -- U.K. DELIVERIES AT 0.69 MILLION TONNES, DOWN 8% (YOY)
TATA STEEL: CO SAYS INDIA DELIVERIES AT 4.94 MILLION TONNES, UP 3% (YOY) -- INDIAN BUSINESS SAW BEST EVER Q1 SALES
TATA STEEL: COS APRIL-JUNE CRUDE STEEL PRODUCTION AT 5.25 MLN T, UP 5% (YOY)
HCL TECHNOLOGIES: BOARD MEETING ON JULY 12 TO CONSIDER Q1 RESULTS
FEDERAL BANK: CO HAS ENTERED INTO A STRATEGIC BANCASSURANCE PARTNERSHIP WITH BAJAJ ALLIANZ LIFE INSURANCE CO LTD -- STRATEGIC ALLIANCE AIMS TO PROVIDE COS CUSTOMERS ACCESS TO BAJAJ ALLIANZ LIFE INSURANCES PRODUCT SUITE
TATA MOTORS: CO SAYS THE WAITING LIST FOR THE NEW RANGE ROVER ELECTRIC CONTINUES TO GROW, WITH OVER 39,000 SIGN UPS
TATA MOTORS: CO SAYS THE MIX OF RANGE ROVER, RANGE ROVER SPORT AND DEFENDER HAS INCREASED TO 68% OF TOTAL WHOLESALE VOLUMES AND TO 59% OF TOTAL RETAIL SALES
TATA MOTORS: JLRS WHOLESALES IN Q1 FY25 WERE 97,755 UNITS, UP 5% VS Q1 FY24 -- JLRS RETAIL SALES IN Q1 FY25 WERE 111,180 UNITS, UP 9% VS Q1 FY24
AXIS BANK: BOARD MEETING ON JULY 24 TO CONSIDER Q1 RESULTS
BANK OF BARODA: CO SAYS AS OF JUNE 30, GLOBAL BUSINESS OF BANK GREW BY 8.52% (YOY) -- GLOBAL DEPOSITS OF BANK GREW BY 8.83% (YOY) AS OF JUNE 30 -- GLOBAL ADVANCES GREW BY 8.14% (YOY) AS OF 30TH JUNE
DABUR: CO SAYS GROSS MARGINS ARE LIKELY TO WITNESS SOME EXPANSION IN Q1 -- CO EXPECT DEMAND IMPROVEMENT TO ACCELERATE IN COMING MONTHS
DABUR: CO SAYS INDIA BUSINESS IS EXPECTED TO RECORD MID-SINGLE DIGIT VOLUME GROWTH IN Q1 -- CO SAYS Q1 OPERATING PROFIT EXPECTED TO GROW MARGINALLY AHEAD OF REVENUE
DABUR: CO SAYS CONSOLIDATED REVENUE EXPECTED TO REGISTER MID TO HIGH SINGLE DIGIT GROWTH DURING Q1 -- QUARTER SAW SEQUENTIAL IMPROVEMENT IN DEMAND TRENDS WITH RURAL GROWTH PICKING UP
BANK OF BARODA: CO APPROVED RAISING OF ADDITIONAL CAPITAL UP TO 75B RUPEES; ADDITIONAL FUND RAISE VIA ADDITIONAL TIER 1 AND TIER 2 DEBT CAPITAL INSTRUMENT -- CO SAYS CAPITAL WILL BE RAISED WHEN MARKET IS CONDUCIVE
BANK OF BARODA: CO TO RAISE UP TO 100B RUPEES VIA DEBT IN FY24-25 -- CO TO RAISE LONG TERM BONDS FOR FINANCING OF INFRASTRUCTURE, AFFORDABLE HOUSING DURING FY 2024-25
TATA POWER: CO LAUNCHES GHAR GHAR SOLAR INITIATIVE IN UTTAR PRADESH, ROLLS OUT ROOFTOP SOLAR OFFERINGS FROM THE CITY OF VARANASI
POWER GRID CORP: BOARD MEETING ON JULY 10 TO CONSIDER BORROW FUNDS OF 160B RUPEES DURING FINANCIAL YEAR 2025-26 -- CO TO CONSIDER ENHANCE CURRENT BORROWING LIMITS FROM 120B RUPEES TO 150B RUPEES
POWER GRID CORP: BOARD MEETING ON JULY 10 TO CONSIDER BORROW FUNDS OF 160B RUPEES DURING FINANCIAL YEAR 2025-26 -- CO TO CONSIDER ENHANCE CURRENT BORROWING LIMITS FROM 120B RUPEES TO 150B RUPEES
TITAN: CO REGISTERED A GROWTH OF 9% (YOY) IN Q1 FY25 -- JEWELLERY DOMESTIC OPERATIONS GREW 8% (YOY) IN Q1
INDUSIND BANK: CO SAYS NET ADVANCES UP 16% (YOY) AS OF JUNE END -- CO SAYS PROVISIONAL DEPOSITS AS OF JUNE END UP 15% (YOY)
MARICO: CO SAYS OPERATING PROFIT IS EXPECTED TO GROW SLIGHTLY AHEAD OF REVENUE IN Q1
MARICO: CO SAYS EXPECT GROSS MARGIN TO EXPAND ON YEAR-ON-YEAR BASIS OWING TO A FAVOURABLE PORTFOLIO MIX -- EXPECT CONSOLIDATED REVENUE GROWTH TO TREND UPWARDS DURING YEAR
MARICO: CO SAYS Q1 DOMESTIC BUSINESS POSTED MODEST UPTICK IN UNDERLYING VOLUME GROWTH ON SEQUENTIAL BASIS -- CONSOLIDATED REVENUE GREW IN HIGH SINGLE DIGITS IN QTR
MARICO: BOARD MEETING ON AUG 5 TO CONSIDER Q1 RESULTS
RELIANCE INDUSTRIES: RELIANCE JIO IPO - MASSIVE RS 55500 CRORE! MUKESH AMBANIS COMPANY MAY LAUNCH INDIAS BIGGEST IPO EVER - ETNOW
BAJAJ AUTO: CO ANNOUNCES CNG MOTORCYCLE TO START AT 95000 RUPEES -- CNG MOTORCYCLE FREEDOMS TOP MODEL TO COST 110000 RUPEES
BHARTI AIRTEL: CO CLARIFIES ON REPORTS OF DATA LEAK ALLEGATIONS - CNBCTV18
BHARTI AIRTEL LTD: Rs. 33.23 Crores NSE Block Trade; for ~ 233932 Shares, at Rs. 1420.70
M&M: CO & VOLKSWAGEN GROUP JV LIKELY TO LOOK AT DEVELOPMENT & PRODUCTION OF EV - CNBC TV18 ( CORRECTION )
M&M: CO AND VOLKSWAGEN GROUP JV LIKELY TO LOOK AT DEVELOPMENT AND PRODUCTION OF ELECTIIC VEHICALS
HCL TECH: FOXCONN CHAIRMAN YOUNG LIU TO VISIT INDIA THIS YEAR -- CO IS ALSO IN PROCESS OF EXPANDING ITS IPHONE PRODUCTION FACILITY, SETTING UP A CHIP PLANT IN A JOINT VENTURE WITH HCL GROUP, AN ELECTRIC VEHICLE MANUFACTURING UNIT AND APPLE AIRPODS - PTI
ASHOK LEYLAND LTD: Rs. 22.93 Crores NSE Block Trade; for ~ 1010762 Shares, at Rs. 226.89
HDFC BANK LTD: Rs. 32.38 Crores NSE Block Trade; for ~ 192858 Shares, at Rs. 1679.00
HINDALCO INDUSTRIES: CO SUPPORTS A RECOMMENDATION TO IMPOSE ANTI-DUMPING DUTIES ON IMPORTS OF ANODIZED ALUMINUM FRAMES FOR SOLAR PANELS FROM CHINA FOR FIVE YEARS
IOC: CO, HPCL, BPCL IN TALKS WITH PETROBRAS FOR OIL DEALS - MINT
ZOMATO: CO RESTARTS INTERCITY LEGENDS AFTER BRIEF PAUSE, INCREASES MINIMUM ORDER THRESHOLD - MONEYCONTROL
PNB: BANK DOMESTIC DEPOSITS AS OF JUNE-END UP 8.1% (YOY) -- BANK PROVISIONAL DOMESTIC ADVANCES AS OF JUNE END UP 12.1% (YOY)
PNB: BANK GLOBAL DEPOSITS AS OF JUNE-END UP 8.5% (YOY) -- BANK PROVISIONAL GLOBAL ADVANCES AS OF JUNE END UP 12.7% (YOY)
IDFC FIRST BANK: CO APPROVES ALLOTMENT OF 39.7 CRORE SHARES WORTH RS 3,200 CRORE TO QIBS -- ALLOTS SHARES AT RS 80.63/SHARE, INDICATING A DISCOUNT OF 0.7% TO THE STOCKS PREVIOUS CLOSE -- LARGEST QIBS INCLUDE LIC, HDFC LIFE AND AB SUN LIFE
BAJAJ AUTO: CO SET TO LAUNCH WORLDS FIRST CNG BIKE FREEDOM 125 ON FRIDAY - BUSINESS STANDARD
ADANI ENTERPRISES: CO ISSUES CLARIFICATION ON MEDIA REPORT REGARDING RECENT NEWS ITEM CAPTIONED “TN GOVT ORDERS VIGILANCE PROBE INTO ALLEGED COAL SCAM BY ADANI GROUP” -- CO HAS NOT RECEIVED ANY NOTICE AND/OR COMMUNICATION IN THIS REGARD
HDFC BANK: CO ADVANCES DOWN 0.8% (QOQ) AT JUNE-END -- CO SAYS DEPOSITS FLAT (QOQ) AT JUNE-END -- GROSS ADVANCES ROSE 52.6% (YOY) IN Q1 -- Q1 DEPOSITS GROW 24.4% (YOY) -- Q1 CASA DEPOSITS GROW 6.2% (YOY)
MARUTI SUZUKI INDIA: BOARD MEETING ON JULY 31 TO CONSIDER Q1 RESULTS
CIPLA: CO SAYS DISSOLUTION OF WHOLLY OWNED STEP-DOWN SUBSIDIARY IN PHILIPPINES
TATA MOTORS: EU MOVES AHEAD WITH PLANNED TARIFFS ON EV IMPORTS FROM CHINA - BBG
TATA MOTORS: JUNE UK JLR SALES AT 6421 UNITS VS 6099 UNITS (YOY); 6093 UNITS (MOM)
HDFC LIFE: INSURANCE COS GET GST RELIEF OVER 100 DGGI NOTICES WORTH E 20,000 CR ARE NOW DEFUNCT: CNBC
HDFC BANK LTD: RS. 57.12 CRORES NSE BLOCK TRADE; FOR ~ 330145 SHARES, AT RS. 1730.00
ZOMATO LTD: Rs. 21.14 Crores NSE Block Trade; for ~ 1013201 Shares, at Rs. 208.66
BHARAT ELECTRONICS: CO TO CONSIDER Q1 RESULTS ON JULY 29
SUN PHARMA: CO SAYS VALIDATION OF NIDLEGY MARKETING AUTHORIZATION APPLICATION SUBMISSION BY EMA
TATA CONSULTANCY SERVICES LTD: Rs. 20.35 Crores NSE Block Trade; for ~ 50385 Shares, at Rs. 4038.85
TITAN CO LTD: Rs. 32.83 Crores NSE Block Trade; for ~ 98114 Shares, at Rs. 3345.60
TVS MOTOR CO LTD: RS. 64.76 CRORES NSE BLOCK TRADE; FOR ~ 276825 SHARES, AT RS. 2339.40
TVS MOTOR CO LTD: Rs. 47.01 Crores NSE Block Trade; for ~ 202296 Shares, at Rs. 2323.85
HDFC BANK LTD: RS. 53.97 CRORES NSE BLOCK TRADE; FOR ~ 309895 SHARES, AT RS. 1741.55
NTPC LTD: Rs. 34.41 Crores NSE Block Trade; for ~ 907083 Shares, at Rs. 379.30
NTPC LTD: Rs. 40.04 Crores NSE Block Trade; for ~ 1067806 Shares, at Rs. 375.00
HDFC BANK LTD: RS. 84.10 CRORES NSE BLOCK TRADE; FOR ~ 482562 SHARES, AT RS. 1742.80
HDFC BANK LTD: Rs. 20.45 Crores NSE Block Trade; for ~ 116921 Shares, at Rs. 1748.95
VEDANTA: THE AUTHORITY HAS INITIATED A SUNSET REVIEW INVESTIGATION OF COUNTERVAILING DUTY ON IMPORTS OF CONTINUOUS CAST COPPER WIRE ROD FROM INDONESIA, MALAYSIA, THAILAND, AND VIETNAM, EMPHASIZING THE CONDITIONS FOR CONFIDENTIALITY AND THE NECESSITY FOR PARTIES TO SHARE NON-CONFIDENTIAL INFORMATION TO AVOID BEING CONSIDERED NON-COOPERATIVE.
HINDALCO INDUSTRIES: THE AUTHORITY HAS INITIATED A SUNSET REVIEW INVESTIGATION OF COUNTERVAILING DUTY ON IMPORTS OF CONTINUOUS CAST COPPER WIRE ROD FROM INDONESIA, MALAYSIA, THAILAND, AND VIETNAM, EMPHASIZING THE CONDITIONS FOR CONFIDENTIALITY AND THE NECESSITY FOR PARTIES TO SHARE NON-CONFIDENTIAL INFORMATION TO AVOID BEING CONSIDERED NON-COOPERATIVE.
RELIANCE INDUSTRIES: THE AUTHORITY RECOMMENDS THE IMPOSITION AND CONTINUATION OF ANTI-DUMPING DUTY FOR 5 YEARS ON IMPORTS OF ISOBUTYLENE-ISOPRENE RUBBER FROM CHINA, RUSSIA, SAUDI ARABIA, SINGAPORE, AND THE USA
GODREJ CONSUMER: RS 417.9CR BSE BLOCK TRADE; FOR ~3057000 SHARES, AT RS 1367.04 (PRE-OPEN)
TATA STEEL: CO SAYS NCLT PRONOUNCED THE ORDER APPROVING AND SANCTIONING THE SCHEME OF AMALGAMATION OF CO AND ANGUL ENERGY LIMITED
BAJAJ FINANCE: CO SAYS CUSTOMER FRANCHISE AS OF 30 JUNE 2024 STOOD AT 88.11 MM; RESUMED DISBURSAL OF LOANS UNDER ECOM, INSTA EMI CARD, ISSUANCE OF EMI CARDS -- ASSETS UNDER MANAGEMENT GREW BY 31% (YOY) AS OF JUNE 30 -- DEPOSITS BOOK GREW 26% (YOY) AS OF JUNE END TO 627.5B RUPEES
BAJAJ FINANCE: CO SAYS NEW LOANS BOOKED DURING Q1 FY25 GREW BY 10% -- DEPOSITS BOOK AS OF 30 JUNE 2024 UP 26% (YOY)
VEDANTA: CO SAYS MINED METAL PRODUCTION IN Q1 UP 2% (YOY) -- ALUMINIUM PRODUCTION UP 3% (YOY) IN Q1 -- OIL & GAS GROSS PRODUCTION DOWN 17% (YOY) IN Q1
ASIAN PAINTS: CO SUBSCRIBED TO ADDITIONAL 4.79 CRORE SHARES OF UNIT ASIAN PAINTS INTERNATIONAL FOR APPROXIMATELY RS 200 CRORE
HDFC BANK: MUFGS NEGOTIATIONS FOR A MINORITY STAKE IN HDFC BANK’S CONSUMER LENDING UNIT ARE STALLING - BBG
STATE BANK OF INDIA: RS. 91.14 CRORES NSE BLOCK TRADE; FOR ~ 1082498 SHARES, AT RS. 841.95
HDFC BANK LTD: RS. 50.25 CRORES NSE BLOCK TRADE; FOR ~ 283162 SHARES, AT RS. 1774.50
PERSISTENT SYSTEMS: CO SAYS SOFTWARE COMPANY INTERNATIONAL HAS BEEN DISSOLVED EFFECTIVE FROM JUNE 27
HINDUSTAN AERONAUTICS LTD: Rs. 15.19 Crores NSE Block Trade; for ~ 28137 Shares, at Rs. 5400.00
INFOSYS LTD: RS. 115.28 CRORES NSE BLOCK TRADE; FOR ~ 712390 SHARES, AT RS. 1618.15
APL APOLLO TUBES LTD: RS. 78.73 CRORES NSE BLOCK TRADE; FOR ~ 496079 SHARES, AT RS. 1587.05
BHARAT FORGE LTD: Rs. 19.90 Crores NSE Block Trade; for ~ 120526 Shares, at Rs. 1650.70
DIVIS LABORATORIES LTD: Rs. 41.63 Crores NSE Block Trade; for ~ 91175 Shares, at Rs. 4565.95
ULTRATECH CEMENT LTD: Rs. 44.93 Crores NSE Block Trade; for ~ 38045 Shares, at Rs. 11809.90
SHREE CEMENT LTD: RS. 82.81 CRORES NSE BLOCK TRADE; FOR ~ 30070 SHARES, AT RS. 27540.00
MARUTI SUZUKI INDIA LTD: Rs. 43.41 Crores NSE Block Trade; for ~ 36037 Shares, at Rs. 12045.65
INFOSYS LTD: RS. 82.26 CRORES NSE BLOCK TRADE; FOR ~ 508302 SHARES, AT RS. 1618.35
DIVIS LABORATORIES LTD: Rs. 28.18 Crores NSE Block Trade; for ~ 61516 Shares, at Rs. 4580.40
INFOSYS LTD: RS. 73.36 CRORES NSE BLOCK TRADE; FOR ~ 454457 SHARES, AT RS. 1614.25
AXIS BANK LTD: Rs. 26.07 Crores NSE Block Trade; for ~ 207834 Shares, at Rs. 1254.30
POWER FINANCE CORP LTD: Rs. 35.26 Crores NSE Block Trade; for ~ 685617 Shares, at Rs. 514.30
HDFC BANK LTD: RS. 146.02 CRORES NSE BLOCK TRADE; FOR ~ 822543 SHARES, AT RS. 1775.20
HDFC BANK LTD: RS. 243.43 CRORES NSE BLOCK TRADE; FOR ~ 1366357 SHARES, AT RS. 1781.60
FEDERAL BANK: GROSS ADVANCES UP 20.1% (YOY) AS OF JUNE END -- JUNE-QTR TOTAL DEPOSITS UP 19.6% (YOY)
UPL LTD: THE AUTHORITY HAS INITIATED AN ANTI-DUMPING INVESTIGATION ON IMPORTS OF GLUFOSINATE AND ITS SALTS TO DETERMINE THE EXTENT OF DUMPING AND RECOMMEND AN APPROPRIATE ANTI-DUMPING DUTY TO PROTECT THE DOMESTIC INDUSTRY
PERSISTENT SYSTEMS: CO ACQUIRES STARFISH ASSOCIATES, STRENGTHENING ITS POSITION IN AI-POWERED CONTACT CENTER AND UNIFIED COMMUNICATIONS
HDFC BANK: BANK SHAREHOLDING OUT FOR JUNE QTR 54.83% IS NEW FII SHAREHOLDING IN BANK MSCI REQUIREMENT WAS BELOW 55.5% -- NOW BANK IS MOST LIKELY TO GET MSCI INFLOW OF $3-4 BILLION
YES BANK: BANK PROVISIONAL JUNE-QTR LOANS & ADVANCES GREW 14.8% (YOY) -- BANK PROVISIONAL DEPOSITS FOR QTR-ENDED JUNE UP 20.8% (YOY)
LARSEN AND TOUBRO: CO CLARIFIES REGARDING REPORT BAGGING OF ORDERS BY CO -- CO SAYS BAGGING OF ONSHORE PROJECTS NEWS ALREADY BEEN PUBLISHED BY CO
AVENUE SUPERMART: CO STANDALONE REVENUE FROM OPERATIONS FOR QE JUNE 30, 2024 SEEN AT 137B VS 116B (YOY) -- CO SAYS THE TOTAL NUMBER OF STORES AS OF JUNE 30, 2024 STOOD AT 371
BRITANNIA INDUSTRIES: CO APPOINTS URJIT PATEL AS AN INDEPENDENT DIRECTOR FOR 5 YEARS
ZOMATO: CO UNIT SAYS HAS DECIDED TO VOLUNTARILY WITHDRAW THE APPLICATION SUBMITTED WITH THE RBI FOR GETTING CERTIFICATE OF REGISTRATION FOR UNDERTAKING THE BUSINESS OF A NON-BANKING FINANCIAL COMPANY (TYPE II NBFC-ND) AS WE DO NOT WISH TO PURSUE THE LENDING/ CREDIT BUSINESS ANYMORE (SPELL CHECK)
ZOMATO: CO UNIT SAYS HAS DECIDED TO VOLUNTARILY WITHDRAW THE APPLICATION SUBMITTED WITH THE RBI FOR GETTING CERTIFICATE OF REGISTRATION FOR UNDERTAKING THE BUSINESS OF A NON-BANKING FINANCIAL COMPANY (TYPE II NBFC-ND) AS WE DO NOT WISH TO PURSUE THE LENDING/ CREDIT BUSINESS ANYMORE (COPRRECTION)
ZOMATO: CO SAYS HAS DECIDED TO VOLUNTARILY WITHDRAW THE APPLICATION SUBMITTED WITH THE RBI FOR GETTING CERTIFICATE OF REGISTRATION FOR UNDERTAKING THE BUSINESS OF A NON-BANKING FINANCIAL COMPANY (TYPE II NBFC-ND) AS WE DO NOT WISH TO PURSUE THE LENDING/ CREDIT BUSINESS ANYMORE
ITC: POSSIBILITY OF CURBS ON FDI INVESTMENT IN THE TOBACCO SECTOR - CNCB AAWAZ
ITC: POSSIBILITY OF CURBS ON THE TOBACCO SECTOR - CNCB AAWAZ
MAX HEALTHCARE INSTITUTE: CO SAYS CONSTRUCTION OF 300 BEDDED HOSPITAL COMPLETED
MAX HEALTHCARE: CO COMMENCES OPERATIONS OF MAX SUPER SPECIALITY HOSPITAL, DWARKA
HCLTECH: CO LAUNCHES GLOBAL DELIVERY CENTER IN PATNA CENTER TO FOCUS ON DELIVERY OF IT, ENGINEERING SERVICES
KOTAK BANK: CO & KIOF STATE THAT HINDENBURG NEVER BEEN A CLIENT OF THE FIRM - CNBCTV18
HAL: DEFENCE MIN LIST OF 346 ITEMS FOR THE DOMESTIC PRODUCTION - SOURCES
MAX HEALTHCARE INSTITUTE LTD: RS. 92.07 CRORES NSE BLOCK TRADE; FOR ~ 1004614 SHARES, AT RS. 916.50
BHARTI AIRTEL LTD: Rs. 22.78 Crores NSE Block Trade; for ~ 159191 Shares, at Rs. 1431.20
BHARTI AIRTEL: SINGTEL PLANS ANOTHER STAKE SALE ROUND IN AIRTEL VIA BLOCK DEALS -- HE NEXT ROUND COULD SEE THE TELCO, OWNED BY SINGAPORES SOVEREIGN WEALTH FUND, SELL SHARES WORTH RS 20,000 CRORE IN ONE OR MORE BLOCK DEALS - MONEYCONTROL
MARUTI SUZUKI INDIA LTD: RS. 90.40 CRORES NSE BLOCK TRADE; FOR ~ 75180 SHARES, AT RS. 12025.00
POWER FINANCE CORP LTD: RS. 61.13 CRORES NSE BLOCK TRADE; FOR ~ 1217760 SHARES, AT RS. 502.00
ADANI PORTS: COS KATTUPALLI PORT HANDLED ITS HIGHEST EVER MONTHLY CARGO VOLUME OF 1.36 MMT
ADANI PORTS: CO SAYS WITHIN THE LOGISTICS SEGMENT, QUARTERLY RAIL VOLUMES REACHED 156,590 TEUS, 19% (YOY) INCREASE
ADANI PORTS: CO SAYS FOR THE QUARTER ENDED 30 JUNE 2024, CO HANDLED 109 MMT OF CARGO, REFLECTING A 7.5% (YOY) INCREASE
ADANI PORTS: CO RECORDED A TOTAL CARGO VOLUME OF 37 MMT IN JUNE 2024, MARKING A 12% (YOY) INCREASE
PIDILITE INDUSTRIES LTD: Rs. 31.54 Crores NSE Block Trade; for ~ 102113 Shares, at Rs. 3089.05
HCLTECH: CO AND IBM ANNOUNCE GENAI CENTER OF EXCELLENCE TO SUPPORT CLIENTS WITH CUSTOMIZED AI SOLUTIONS -- CO PLANS TO TRAIN 10,000 EMPLOYEES ON IBM’S WATSONX™ AI AND DATA PLATFORM
L&T:" CO UNIT L&T ENERGY HYDROCARBON WINS PACKAGE 1 AND 3 FOR JAFURAH SECOND EXPANSION PHASE PROJECT - SOURCES
L&T: CO WINS OVER $4 BN OR RS 35,000 CRORE WORTH OF ORDERS FROM SAUDI ARAMCO - SOURCES
DABUR INDIA LTD: Rs. 40.61 Crores NSE Block Trade; for ~ 668071 Shares, at Rs. 607.85
HDFC BANK LTD: Rs. 21.98 Crores NSE Block Trade; for ~ 128178 Shares, at Rs. 1715.00
TCS: CO SIGNS TITLE PARTNERSHIP WITH SYDNEY MARATHON, AUSTRALIA S LARGEST AND MOST ICONIC RACE
KOTAK BANK: HINDENBURG RESEARCH CLAIMED THAT KOTAK BANK CREATED AND OVERSAW AN OFFSHORE FUND USED BY ITS INVESTOR PARTNER TO BET AGAINST THE ADANI CONGLOMERATE, GENERATING $4.1 MILLION IN GROSS REVENUE FROM SHORT POSITIONS RELATED TO ADANI. - ECONOMIC TIMES
KOTAK BANK: CO CREATED AND OVERSAW FUND THAT HINDENBURG INVESTOR USED TO SHORT ADANI STOCKS, SAYS RESEARCH FIRM - MONEYCONTROL
TATA STEEL: CO SAYS TATA STEEL UK HAS RECEIVED CONFIRMATION OF SUSPENSION OF PROPOSED STRIKE ACTION FROM UNITE UNION
TATA STEEL: TATA STEEL SPOKESPERSON SAYS WE WILL HALT PREPARATIONS FOR EARLY CLOSURE OF BLAST FURNACES IN UK AFTER WORKERS UNION UNITE SUSPEND STRIKE ACTION - RTRS
EICHER MOTORS: JUNE (MOTORCYCLE) TOTAL SALES 73,141 UNITS VS EST: 73,480 UNITS ; 77,109 UNITS (YOY); 71,010 UNITS (MOM)
HERO MOTOCORP: CO ACHIEVED ITS HIGHEST-EVER DISPATCHES FOR THE VIDA V1 -- CO WILL BE EXPANDING ITS EV PORTFOLIO WITH NEW PRODUCTS IN THE MID AND MASS SEGMENTS THIS FISCAL
HERO MOTOCORP: JUNE TOTAL SALES 503,448 UNITS VS EST: 487,100 UNITS; 436,993 UNITS (YOY); 498,123 UNITS (MOM)
WIPRO: BOARD MEETING ON JULY 19 TO CONSIDER Q1 RESULTS
TATA STEEL: CO SAYS BHUBANESHWAR POWER STANDS DISSOLVED WITHOUT BEING WOUND UP, EFFECTIVE JULY 1
ICICI BANK: BANK HAS ALLOTTED 3,00,000 NCDS AGGREGATING TO RUPEES 3,000 CR
TATA STEEL: UKS UNITE SAYS CONFIRMED CURRENT INDUSTRIAL ACTION AT TATA IN SOUTH WALES HAS BEEN PAUSED -- UKS UNITE SAYS TATA TO ENTER INTO NEGOTIATIONS ABOUT FUTURE INVESTMENT FOR OPERATIONS & NOT JUST REDUNDANCIES, IN SOUTH WALES, INCLUDING AT PORT TALBOT
LUPIN: CO COMPLETES TRANSFER OF TRADE GENERICS BUSINESS TO UNIT LUPIN LIFE SCIENCES
TVS MOTOR: JUNE TOTAL SALES 333,646 UNITS VS EST: 353,300 UNITS; 316,400 UNITS (YOY); 369,914 UNITS (MOM)
TATA STEEL: TATA STEEL WORKERS IN UK SUSPEND STRIKE ACTION - PA MEDIA CITING UNITE UNION
TATA MOTORS: JUNE TOTAL SALES 71,147 UNITS VS EST: 76,700 UNITS; 80,300 UNITS (YOY); 76,766 UNITS (MOM)
APL APOLLO TUBES: CO ACHIEVES HIGHEST RECORD SALES VOLUME IN Q1FY25 OF 7,21,064 TONS VS 6,61,501 TONS (YOY)
EICHER MOTORS: JUNE (CV) TOTAL SALES 7,424 UNITS VS EST: 7,320 UNITS; 6,715 UNITS (YOY)
ASHOK LEYLAND: JUNE TOTAL SALES 14,940 UNITS VS EST: 15,550 UNITS ; 15,221 UNITS (YOY)
COAL INDIA: CO HAVE SUFFICIENT BUFFER TO MEET ANY SUDDEN GUSH IN DEMAN
COAL INDIA: COS INVENTORY AT COS PITHEADS STOOD AT 81.5 MTS AT JUNE END
COAL INDIA: COS JUNE OFFTAKES SEEN AT 197MT VS 186.8MT (YOY)
COAL INDIA: COS JUNE COAL PRODUCTION SEEN AT 63.1MT VS 58MT (YOY)
MARUTI SUZUKI: JUNE TOTAL SALES 179,228 UNITS VS EST: 162,500 UNITS; 159,418 UNITS (YOY)
LARSEN & TOUBRO LTD: RS. 52.97 CRORES NSE BLOCK TRADE; FOR ~ 150449 SHARES, AT RS. 3520.95
SHREE CEMENT LTD: RS. 50.33 CRORES NSE BLOCK TRADE; FOR ~ 18040 SHARES, AT RS. 27900.00
DIVIS LABORATORIES LTD: Rs. 22.95 Crores NSE Block Trade; for ~ 50062 Shares, at Rs. 4583.55
NTPC: CO SAYS ACHIEVES 17.15% SURGE IN COAL DESPATCH, 15% GROWTH IN COAL PRODUCTION IN Q1 FY25 - STATEMENT
INDIAN OIL CORP: FITCH AFFIRMS CO AT BBB-; OUTLOOK STABLE
REC: CO RECORDED LOAN SANCTIONS OF RUPEES 1,12,747 CR AND LOAN DISBURSEMENTS OF RUPEES 43, 652 CR DURING THE FIRST QUARTER ENDED JUNE 30, 2024 ( CORRECTION )
REC: COS LOAN DISBURSEMENTS OF WHICH, RENEWABLE ENERGY DISBURSEMENTS RUPEES 5,351 CR VS 1,534 CR (YOY), GROWTH OF 248.83% (YOY)
REC: COS LOAN DISBURSEMENTS OF WHICH, RENEWABLE ENERGY DISBURSEMENTS RUPEES 5,351 VS 1,534 (YOY), GROWTH OF 248.83% (YOY)
REC: CO RECORDED LOAN SANCTIONS OF RUPEES 12,747 CR AND LOAN DISBURSEMENTS OF RUPEES 43, 652 CR DURING THE FIRST QUARTER ENDED JUNE 30, 2024
KOTAK MAHINDRA BANK LTD: RS. 60.19 CRORES NSE BLOCK TRADE; FOR ~ 333944 SHARES, AT RS. 1802.50
GAIL INDIA LTD: Rs. 44.69 Crores NSE Block Trade; for ~ 2033982 Shares, at Rs. 219.70
MAHINDRA & MAHINDRA: CO SAYS DEMAND FOR TRACTORS IS LIKELY TO REMAIN STRONG IN THE UPCOMING MONTHS
M&M: JUNE (TRACTOR) TOTAL SALES 47319 UNITS VS EST: 44,400 UNITS; 44,478 UNITS (YOY)
M&M: JUNE (AUTO)TOTAL SALES 69,400 UNITS VS EST: 72,600 UNITS; 62,429 UNITS (YOY)
L&T: CO WINS SIGNIFICANT CONTRACT -- SIGNIFICANT CONTRACT VALUES BETWEEN 1000 TO 2500 CR RUPEES
DABUR: CO TO CONSIDER Q1 RESULTS ON AUG 1
INTERGLOBE AVIATION LTD: RS. 104.76 CRORES NSE BLOCK TRADE; FOR ~ 246578 SHARES, AT RS. 4248.40
ASIAN PAINTS: CO SAYS AN AMOUNT OF RS 1,305 CRS APPROX. HAS BEEN INVESTED BY THE CO TOWARDS THE INCREASE IN INSTALLED CAPACITY
ASIAN PAINTS: CO SAYS MANUFACTURING PLANT AT MYSURU, KARNATAKA (“MYSURU PLANT”) WITH AN ULTIMATE PRODUCTION CAPACITY OF 6,00,000 KL PER ANNUM TO BE IMPLEMENTED IN A PHASED MANNER WITH AN INITIAL PRODUCTION CAPACITY OF 300,000 KL PER ANNUM
LARSEN & TOUBRO LTD: Rs. 18.53 Crores NSE Block Trade; for ~ 52495 Shares, at Rs. 3528.95
BAJAJ AUTO: JUNE TOTAL SALES 358,477 UNITS VS EST: 336,060 UNITS; 340,981 UNITS (YOY)
BANK OF BARODA: BANK RECEIVED INCOME TAX ORDER FOR TAX DEMAND OF 1067.8 CR RUPEES
PFC: THREE SPECIAL PURPOSE VEHICLES (SPVS) ARE ESTABLISHED TO OVERSEE TRANSMISSION PROJECTS UNDER THE MINISTRY OF POWERS TARIFF BASED COMPETITIVE BIDDING GUIDELINES
PFC: PFC CONSULTING LIMITED, A WHOLLY OWNED SUBSIDIARY OF CO, HAS BEEN APPOINTED AS THE BID PROCESS COORDINATOR (BPC) FOR SELECTING DEVELOPERS THROUGH TARIFF BASED COMPETITIVE BIDDING FOR INDEPENDENT TRANSMISSION PROJECTS (ITPS) BY THE MINISTRY OF POWER, GOI
PFC: CO INFORMED ABOUT INCORPORATION OF WHOLLY OWNED SUBSIDIARIES OF PFC CONSULTING LIMITED (A WHOLLY OWNED SUBSIDIARY OF CO) – (I) CHITRADURGA BELLARY REZ TRANSMISSION LIMITED (II) BIJAPUR REZ TRANSMISSION LIMITED (III) KUDANKULAM ISTS TRANSMISSION LIMITED
VEDANTA: TO REGAIN ACCESS, CO MUST PAY US$ 250 MILLION TO SETTLE KCMS DEBTS AND INVEST US$ 1 BILLION OVER FIVE YEARS - ET NOW
VEDANTA: VEDANTA RESOURCES LTD. WILL REGAIN CONTROL OF ZAMBIAS KONKOLA COPPER PROJECT AFTER A LUSAKA COURT IN ZAMBIA APPROVED A DEBT SETTLEMENT PLAN - ET NOW
NTPC: CO APPROVED ISSUE OF NCDS WORTH 12,000 CR RUPEES IN ONE OR MORE TRANCHES/SERIES NOT EXCEEDING 12
TATA CONSUMER: CO RECEIVED INCOME TAX ORDER FOR TAX DEMAND WITH INTEREST PAYMENT OF 1.72B RUPEES
ADANI PORTS: CO HAS COMPLETED THE DIVESTMENT OF 49% STAKE IN ADANI ENNORE CONTAINER TERMINAL PRIVATE LIMITED TO MUNDI LIMITED
TATA STEEL: CO CONVERTS DEBT HOLDING OF $565M IN UNIT T STEEL HOLDINGS INTO EQUITY
GAIL (INDIA): GAIL ADVANCES ITS NET ZERO TARGET FOR SCOPE-1 AND SCOPE-2 GHG EMISSIONS TO 2035
ULTRATECH CEMENT: CO SAYS AS A RESULT, THE CO’S TOTAL CEMENT CAPACITY HAS REACHED 154.86 MTPA
ULTRATECH CEMENT: CO SAYS THIS ADDITION IN CAPACITY FORMS PART OF THE 22.6 MTPA CAPACITY EXPANSION ANNOUNCED IN JUNE, 2022 -- CO SAYS FURTHERMORE, WITH DEBOTTLENECKING, CO HAS INCREASED THE CAPACITY OF ITS GRIDING UNIT AT JHARSUGUDA, ODISHA BY 0.4 MTPA TAKING IT TO 4.5 MTPA
ULTRATECH CEMENT: CO SAYS COMMISSIONING OF AN ADDITIONAL 3.35 MTPA CLINKER ALONG WITH 1.8 MTPA GRINDING CAPACITY AT ITS EXISTING UNIT SITUATED AT TADIPATRI, ANDHRA PRADESH
BANK OF BARODA: BOARD MEETING ON JULY 5 TO CONSIDER & APPROVE THE CAPITAL PLAN FOR FY 2024-25 BY WAY OF RAISING FUNDS THROUGH ADDITIONAL TIER 1 AND TIRE 2 DEBT CAPITAL INSTRUMENT WITH AN INTERCHANGEABILITY OPTION
TVS MOTOR: CO SAYS SUBSCRIBED TO, ALLOTTED FURTHER ABOUT 6.9M SHARES OF TVS CREDIT SERVICES --COST OF ACQUISITION AT 2.83B RUPEES
TATA STEEL: UNITE UNION IS CONSIDERING ALLOWING SOME OF ITS WORKERS TO KEEP WORKING TO ENSURE SAFE OPERATION OF FURNACES AT TATA STEELS PORT TALBOT PLANT- FT
GAIL (INDIA): CO SAYS PHASE-IV FIELD DEVELOPMENT PLAN IN BLOCKS A-1 & A-3, MYANMAR; DURATION OF PRODUCTION OF 500 MMSCFD WILL INCREASE TILL 2032 AND DECLINE THEREAFTER -- CO SAYS REQUIRED INVESTMENT OF $111.27M
TATA STEEL: UNION HOLDS TALKS WITH TATA STEEL IN PUSH TO AVERT EARLY PORT TALBOT CLOSURE - FT
TITAN: CO EXECUTED A JOINT VENTURE AGREEMENT WITH RHYTHM JEWELRY LTD IN BANGLADESH -- AGREEMENT FOR MANUFACTURING, MARKETING OF JEWELLERY PRODUCTS IN BANGLADESH
TCS: BOARD MEETING ON JULY 11 TO CONSIDER Q1 RESULTS -- CO CONSIDER DECLARATION OF AN INTERIM DIVIDEND
BEL: CO WINS ORDER WORTH 3172 CR RUPEES
HINDALCO: BOARD MEETING ON AUG 13 TO CONSIDER Q1 RESULTS
INDIGO: CO SAYS FLIGHTS FROM DELHI T1 CANCELED UNTIL MIDNIGHT
ULTRATECH CEMENTS: FITCH SAYS CO’S STAKE BUY AMID INDUSTRY CONSOLIDATION NEUTRAL FOR RATINGS
HDFC LIFE: CO RECEIVED INCOME TAX ORDER FOR TAX DEMAND WITH INTEREST PAYMENT OF 5.92B RUPEES
HDFC LIFE: CO RECEIVED AN INCOME TAX ORDER FOR TAX DEMAND OF 14.95B RUPEES
SUNPHARMA: INDIA EYES INCENTIVES FOR LOCAL OBESITY DRUG PRODUCTION IN 2026 -- CO RACES TO DEVELOP ITS OBESITY DRUG AMID GLOBAL CRUNCH - BBG
BAJAJ FINSERV LTD: RS. 81.16 CRORES NSE BLOCK TRADE; FOR ~ 504792 SHARES, AT RS. 1607.70
INTERGLOBE AVIATION LTD: Rs. 38.52 Crores NSE Block Trade; for ~ 90397 Shares, at Rs. 4261.25
CIPLA LTD: Rs. 30.91 Crores NSE Block Trade; for ~ 208369 Shares, at Rs. 1483.20
TATA MOTORS LTD: Rs. 40.16 Crores NSE Block Trade; for ~ 406860 Shares, at Rs. 987.00
ADANI PORTS: RS 1043.35CR NSE BLOCK TRADE; FOR ~7096648 SHARES, AT RS 1470.2
RELIANCE INDUSTRIES LTD: Rs. 22.59 Crores NSE Block Trade; for ~ 72823 Shares, at Rs. 3101.95
BHARTI AIRTEL LTD: Rs. 30.00 Crores NSE Block Trade; for ~ 198330 Shares, at Rs. 1512.85
BHARTI AIRTEL: CO ANNOUNCES REVISED MOBILE TARIFFS -- CO HAS MAINTAINED THAT THE MOBILE AVERAGE REVENUE PER USER (ARPU) NEEDS TO BE UPWARDS OF RUPEES 300
LUPIN: CO SAYS EUROPEAN COURT DISMISSED FINAL APPEAL BY CO AGAINST ORDER OF EUROPEAN COMMISSION LEVYING FINE OF EURO 40M
HCL TECH: RS 1788.27CR NSE BLOCK TRADE; FOR ~12414228 SHARES, AT RS 1440.5 (PRE-OPEN)
TVS MOTOR CO: CO INCORPORATES A UNIT NAMED TVS MOTOR CO DMCC IN DUBAI WITH AED 50,000 INVESTMENT TO ENHANCE BUSINESS PERFORMANCE IN MEA MARKETS
INFOSYS: INFOSYS BPM INAUGURATES SECOND FACILITY IN PUERTO RICO WITH USD 200,000 INVESTMENT, CREATING 325 NEW JOBS
TATA STEEL: TATA STEEL IS UNFORTUNATELY FORCED TO COMMENCE LEGAL ACTION TO CHALLENGE VALIDITY OF UNITES BALLOT - SPOKESPERSON
TATA STEEL: TATA STEEL IN UK IS TO TAKE STEPS TO CEASE OPERATIONS AT ITS STEEL PLANT IN PORT TALBOT BY JULY 7, EARLIER THAN PLANNED, BECAUSE OF A STRIKE BY UNITE, WORKERS HAVE BEEN TOLD - PA MEDIA
HDFC BANK: CO SAYS SANTOSH HALDANKAR, COMPANY SECRETARY TENDERED HIS RESIGNATION
RELIANCE INDUSTRIES: JIO HIKES TARIFFS BY 12%-25%
HCLTECH : BLOCK DEAL OF 0.46% EQUITY WORTH ₹1,757 CR LIKELY IN HCLTECH ON JUNE 28 -- FLOOR PRICE LIKELY AT ₹1,414.9/SH (AT A DISCOUNT OF 2.75% TO CMP) - CNBCTV18, CITING SOURCES
ASIAN PAINTS: COS SINGAPORE UNIT COMPLETES ACQUISITION OF 23.4% STAKE IN EGYPTS SCIB CHEMICALS FOR RS 34 CRORE
INFOSYS: SEBI HAS ISSUED A SETTLEMENT ORDER TO SALIL PAREKH, CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR OF CO -- NO IMPACT ON THE CO’S FINANCIAL, OPERATIONAL OR OTHER ACTIVITIES PURSUANT TO THE SETTLEMENT ORDER
AU SMALL FINANCE BANK: CO TO RAISE UP TO 50B RUPEES VIA EQUITY ISSUE -- CO TO RAISE UP TO 60B RUPEES VIA ISSUE OF DEBT INSTRUMENTS
ASIAN PAINTS: CO UNIT COMPLETES ACQUISITION OF STAKE IN SCIB CHEMICALS S.A.E., EGYPT (SCIB) -- COS SINGAPORE UNIT HOLDS 85.6% IN SCIB
YES BANK: BANK IS NOW IN RECEIPT OF $18M TOWARDS TRANCHE 2 FROM A STRESSED LOAN EXPOSURE
RELIANCE INDUSTRIES: JIO INTRODUCES NEW UNLIMITED PLANS -- NEW JIO PLANS TO BE AVAILABLE FROM JULY 3, 2024 -- UNLIMITED 5G DATA WILL BE AVAILABLE ON ALL 2GB/DAY PLANS
WIPRO: CO SAYS UNITS DESIGNIT NORTH AMERICA AND WIPRO DESIGNIT SERVICES COMPLETE MERGER EFFECTIVE JULY 1
BPCL: CO SAYS APPROVAL FOR OFFER FOR ACQUISITION OF ENTIRE STAKE HELD BY VIDEOCON ENERGY BRAZIL IN IBV BRAZIL PETROLEO LIMITADA -- FOR A CONSIDERATION OF UP TO USD 270 MILLION
AMBUJA CEMENTS: CO APPROVED PROPOSED SCHEME OF AMALGAMATION OF ADANI CEMENTATION WITH CO -- AS PART OF SCHEME ADANI ENTERPRISES WILL BE ALLOTTED 8.7M SHARES OF AMBUJA CEMENTS
BPCL: CO SAYS APPROVAL FOR OFFER FOR ACQUISITION OF ENTIRE STAKE HELD BY VIDEOCON ENERGY BRAZIL IN IBV BRAZIL PETROLEO LIMITADA
BPCL: CO SAYS APPROVAL OF OFFER OF BPRL VENTURES B.V. BY NATIONAL COMPANY LAW TRIBUNAL, MUMBAI -- APPROVAL FOR ACQUISITION OF ENTIRE STAKE OF IBV BRAZIL IN CORPORATE INSOLVENCY RESOLUTION PROCESS OF VOVL
INFOSYS: QORUS AND INFOSYS FINACLE COLLABORATE TO RECOGNIZE BANKING INNOVATION INITIATIVES WORLDWIDE
INFOSYS: RS 18.42CR BSE BLOCK TRADE; FOR ~117107 SHARES, AT RS 1573.5 (MULTIPLE BLOCKS)
POWER GRID: GOVT MAY HELP ECONOMICALLY FOR TRANSMISSION PROJECTS - ET NOW SWADESH
ULTRATECH CEMENT: CO SAYS OUT OF TOTAL 23% STAKE IN INDIA CEMENT CO APPROVED ACQUIRING UPTO 3.4 % EQUITY SHARES AT PRICE OF 285 RUPEES PER SHARE
GODREJ CONSUMER PRODUCTS LTD: RS. 286.57 CRORES NSE BLOCK TRADE; FOR ~ 2100350 SHARES, AT RS. 1364.40
AXIS BANK LTD: RS. 1186.15 CRORES NSE BLOCK TRADE; FOR ~ 9162286 SHARES, AT RS. 1294.60
IOC: CO EXEC AIMS TO HAVE LNG PORTFOLIO OF 20 MT/YR BY 2030 VS 7.8MT/YR NOW - RTRS
HCL TECHNOLOGIES LTD: Rs. 16.78 Crores NSE Block Trade; for ~ 117062 Shares, at Rs. 1433.40
MARUTI SUZUKI INDIA LTD: Rs. 24.36 Crores NSE Block Trade; for ~ 20223 Shares, at Rs. 12047.95
BPCL: CO EXEC AIMS TO COMPLETE 1.2 MTPA PETROCHEMICAL PLANT AT BINA REFINERY BY MID-2028 - RTRS
BPCL: CO EXEC TO ALSO SHUT SOME SECONDARY UNITS AT 15.5 MTPA KOCHI REFINERY FOR MAINTENANCE - RTRS
BPCL: CO EXEC AIMS TO COMPLETE BINA REFINERY EXPANSION TO 11 MTPA FROM 7.8 MTPA BY MID- 2027 - RTRS
BHARTI AIRTEL: NXTRA BY AIRTEL JOINS RE100, COMMITS TO BECOMING A 100% RENEWABLE ENERGY DATA CENTRE CO
MAHINDRA & MAHINDRA LTD: RS. 75.86 CRORES NSE BLOCK TRADE; FOR ~ 268980 SHARES, AT RS. 2820.35
TITAN CO LTD: RS. 68.01 CRORES NSE BLOCK TRADE; FOR ~ 201790 SHARES, AT RS. 3370.40
AXIS BANK LTD: Rs. 23.43 Crores NSE Block Trade; for ~ 180779 Shares, at Rs. 1296.05
HAVELLS INDIA LTD: RS. 102.75 CRORES NSE BLOCK TRADE; FOR ~ 536467 SHARES, AT RS. 1915.35
HERO MOTO CORP: THE NEW FACILITY TO BE SET UP AT BIDKIN, AURANGABAD INDUSTRIAL CITY (AURIC), WILL MANUFACTURE BOTH ELECTRIC TWO-WHEELERS AND BATTERY PACKS - MONEYCONTROL
HERO MOTO CORP: ATHER ENERGY TO INVEST OVER RS 2,000 CRORE ON 3RD PLANT IN MAHARASHTRA - MONEYCONTROL
REC: GREENKO GROUP IN TALKS WITH CO TO RAISE UP TO RUPEES 24B - ET
INFOSYS: CO WORKING ON 225 GEN AI PROGRAMMES FOR CLIENTS, SAYS CHAIRMAN NANDAN NILEKANI - MONEYCONTROL
BAJAJ FINANCE: CO LOOKS AT ENTERING POSTPAID LOAN BUSINESS BY SEPTEMBER -- SEEKS TO LAUNCH A WHOLE HOST OF CONSUMER FINANCE PRODUCTS AND SERVICES AS PART OF ITS LONG RANGE STRATEGY -- TO LAUNCH EMBEDDED INSURANCE, CV FINANCE, AUTO LEASING, CO-LENDING AMONG OTHERS
UPL: CO INCORPORATES NEW SUBSIDIARY IN MAURITIUS TO CARRY OUT AGRO-CHEMICALS BUSINESS IN THE COUNTRY
RELIANCE INDUSTRIES: JIO CONSOLIDATES ITS LEADERSHIP POSITION BY ACQUIRING THE RIGHT TO USE SPECTRUM IN THE 1800MHZ BAND IN 2 CIRCLES
ADANI PORTS: S&P GLOBAL RATINGS UPGRADED OUTLOOK OF CO TO "POSITIVE" FROM "STABLE" AND REAFFIRMED THE RATINGS AT “BBB-"
RELIANCE INDUSTRIES: JIO - CO BOUGHT AIRWAVES WORTH 9.74B RUPEES AT TELECOM SPECTRUM AUCTION - INDIA GOVT (CORRECTION)
PI INDUSTRIES: CO SAYS ACQUISITION OF PLANT HEALTH CARE PLC THROUGH PI INDUSTRIES MANAGEMENT CONSULTANCIES -- COST OF ACQUISITION £32.78M
DR REDDYS LAB: CO UNIT ENTERED INTO A DEFINITIVE AGREEMENT WITH HALEON PLC AND ITS ASSOCIATE COMPANIES -- UNIT TO ACQUIRE NICOTINELL AND RELATED BRANDS -- SA WILL PAY UPFRONT CASH CONSIDERATION OF GBP 458 MILLION
GAIL: CO OPENS NEW ROUND FOR SOLICITATION OF PROPOSALS FROM START-UPS, TO BE OPEN TILL 18TH JULY, 2024 - STATEMENT
BHARTI AIRTEL: CO SUCCESSFULLY RENEWED SPECTRUM THAT WAS EXPIRING IN 2024 ALONG WITH ADDIƟONALSPECTRUM PURCHASE TO BOLSTER ITS MID BAND HOLDING ACROSSTHE KEY CIRCLES
BHARTI AIRTEL: CO SET TO SUSTAIN ITS LEAD ON DELIVERING THE BEST EXPERIENCE - ACQUIRES 97 MHZ SPECTRUM IN 900 MHZ, 1800 MHZ AND 2100MHZ FREQUENCY BANDS THROUGH THE AUCƟON FOR RS 6857 CR. SPECTRUM SECURED FOR 20 YEARS
HAL: CO RECOMENDED DIVIDEND 13 RUPEES/SHARE
SBI: BANK RAISED RS. 10,000 CRORES TODAY AT A COUPON RATE OF 7.36% THROUGH ITS FIFTH INFRASTRUCTURE BOND ISSUANCE
AVENUE SUPERMARTS LTD: RS. 52.17 CRORES NSE BLOCK TRADE; FOR ~ 110839 SHARES, AT RS. 4706.80
BHARAT FORGE: CO EXEC EXPECT OVERSEAS BUSINESS TO TURNAROUND IN FY25 -- CO EXEC IS CONFIDENT THAT INDIA WILL BE THE BIG MANUFACTURING SUPERPOWER OF THE WORLD - ET NOW
BHARAT FORGE: CO EXEC SAYS MANUFACTURING BUSINESS - BOTH DEFENCE & INDUSTRIAL WILL BE THE BIG GROWTH DRIVER FOR BUSINESS - ET NOW
BAJAJ AUTO: CO HAS SET UP AND COMMENCED THE COMMERCIAL PRODUCTION AT ITS NEW MANUFACTURING PLANT IN BRAZIL -- BRASIL PLANT HAS A PRODUCTION CAPACITY OF 20,000 UNITS PER YEAR IN A SINGLE SHIFT
MARICO LTD: Rs. 30.97 Crores NSE Block Trade; for ~ 502234 Shares, at Rs. 616.55
TECH MAHINDRA LTD: Rs. 29.71 Crores NSE Block Trade; for ~ 207444 Shares, at Rs. 1432.00
HDFC BANK LTD: RS. 112.15 CRORES NSE BLOCK TRADE; FOR ~ 657760 SHARES, AT RS. 1705.10
AXIS BANK LTD: Rs. 22.98 Crores NSE Block Trade; for ~ 182125 Shares, at Rs. 1261.85
ADANI PORTS: S&P SAYS OUTLOOK REVISED TO POSITIVE ON DIVERSIFICATION FOR CO
VEDANTA LTD: Rs. 27.99 Crores NSE Block Trade; for ~ 627703 Shares, at Rs. 445.95
TATA STEEL: CO ACQUIRED 1,25,00,000 EQUITY SHARES OF FACE VALUE ₹10/- EACH AGGREGATING TO ₹12.5 CRORE IN INDIAN FOUNDATION FOR QUALITY MANAGEMENT
ADANI PORTS: CO SAYS DIVIJ TANEJA APPOINTED AS CEO-LOGISTICS -- CO SAYS SUSHANT KUMAR MISHRA CEASED AS CEO-LOGISTICS DUE TO INTERNAL RESTRUCTURING
ADANI PORTS: S&P REVISES ADANI PORTS OUTLOOK TO POS; AFFIRMS BBB- RTGS
ULTRATECH CEMENT: CO SAYS UAE UNIT MAKING PARTIAL CASH OFFER FOR ACQUIRING NOW 25% OF RAS AL KHAIMAH CO. FOR WHITE CEMENT AND CONSTRUCTION MATERIALS PSC -- CO SAYS OFFER WAS REVISED FROM 31.6% STAKE TO 25% OF SHARE CAPITAL OF RAKWCT
YES BANK: BOARD MEETING ON AUG 23 TO APPROVE BORROWING/RAISING FUNDS IN INDIAN/FOREIGN CURRENCY BY ISSUE OF DEBT SECURITIES
NTPC: BOARD MEETING ON JUNE 29 TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES UPTO 120B RUPEES
TECH MAHINDRA: COS PLAN OF MERGER OF UNIT HEALTHNXT INC. WITH ITS PARENT COMPANY TECH MAHINDRA (AMERICAS) HAS BEEN APPROVED
NTPC LTD: Rs. 48.40 Crores NSE Block Trade; for ~ 1339572 Shares, at Rs. 361.30
EICHER MOTORS LTD: RS. 66.13 CRORES NSE BLOCK TRADE; FOR ~ 137476 SHARES, AT RS. 4810.50
TRENT: CO SAYS THIS EXCLUSIVE RANGE WILL GIVE WESTSIDE SHOPPERS ACCESS TO A HOME RANGE THAT WILL REDEFINE ELEGANCE
TRENT: COS WESTSIDE COLLABORATES WITH DESIGNER DUO SAAKSHA & KINNI FOR "HONEY I’M HOME 2.0" COLLECTION
ICICI BANK: BANK TO CONSIDER Q1 RESULTS ON JULY 27
CIPLA: CO SAYS USFDA VOLUNTARY ACTION INDICATED FOR PATALGANGA FACILITY
ZOMATO LTD: Rs. 20.36 Crores NSE Block Trade; for ~ 1005288 Shares, at Rs. 202.50
JSW STEEL: CO SAYS INVESTMENTS WILL ENABLE PRODUCTION OF MONOPILE STEEL PLATES
JSW STEEL: JSW STEEL USA TO INVEST USD 110M TO UPGRADE BAYTOWN, TX MANUFACTURING OPERATIONS
INTERGLOBE AVIATION: INDIGO DOUBLES FREQUENCY BETWEEN JEDDAH AND MUMBAI -- INDIGO WILL NOW OPERATE 14 WEEKLY FLIGHTS FROM AUG 15 -- INDIGO WILL NOW OPERATE 42 WEEKLY FLIGHTS TO JEEDAH FROM 5 CITIES IN INDIA
AU SMALL FINANCE BANK: BOARD MEETING ON JUNE 27 TO CONSIDER FUND RAISING BY ISSUE OF DEBT INSTRUMENTS INCLUDING BONDS, NON-CONVERTIBLE DEBENTURES
AU SMALL FINANCE BANK: BOARD MEETING ON JUNE 27 TO CONSIDER RAISING OF FUNDS BY ISSUE OF SHARES THROUGH PRIVATE PLACEMENT, QIP OR PREFERENTIAL ALLOTMENT
SUN PHARMA: CO SAYS COMBINED ENTITY IS BETTER POSITIONED TO COMPETE IN INCREASINGLY COMPETITIVE GENERICS INDUSTRY
SUN PHARMA: CO SUCCESSFULLY COMPLETED THE MERGER OF TARO PHARMACEUTICAL INDUSTRIES WITH ITS SUBSIDIARY -- TARO IS NOW A PRIVATE COMPANY AND WHOLLY-OWNED BY SUN PHARMA
PERSISTENT SYSTEMS: CO TO CONSIDER Q1 RESULT ON JULY 18
BHARTI AIRTEL: CO TO INCREASE ITS STAKE UPTO 52% -- CURRENTLY CO HOLDS 49% STAKE IN INDUS TOWER - CNBC TV 18
BHARTI AIRTEL: CO IN TALKS WITH VODAFONE PLC TO BUY 3% STAKE IN INDUS TOWER - CNBC TV18
HINDALCO INDUSTRIES LTD: RS. 66.56 CRORES NSE BLOCK TRADE; FOR ~ 972757 SHARES, AT RS. 684.25
PFC: FIN MINISTRY HAS ASKED FOR SOME RELIEF ON PROJECT FINANCING COMPANIES - CNBC AAWAAZ
REC: FIN MINISTRY HAS ASKED FOR SOME RELIEF ON PROJECT FINANCING COMPANIES - CNBC AAWAAZ
HDFC BANK LTD: Rs. 27.02 Crores NSE Block Trade; for ~ 161503 Shares, at Rs. 1672.90
MARICO: CO EXPANDS ITS BREAKFAST PORTFOLIO WITH SAFFOLA MUESLI
L&T: CO WINS ORDER WORTH 10B TO 25B RUPEES
ADANI ENTERPRISES: CO EXEC SAYS CURRENTLY KHAVDA PLANT GENERATING 3GW ENERGY WHICH WILL BE INCREASED TO 30GW IN NEXT 5 YEARS
ADANI ENTERPRISES: ADANI GROUP CHAIRMAN SAYS FINANCIAL RESILIENCE STRENGTHENED, HEADROOM EXPANDED FOR FURTHER EXPANSION
ADANI ENTERPRISES: ADANI GROUP CHAIRMAN SAYS SHORT-SELLER ATTACK WAS DESIGNED TO DEFAME GROUP, DO MAXIMUM DAMAGE
TATA STEEL LTD: Rs. 17.67 Crores NSE Block Trade; for ~ 1003697 Shares, at Rs. 176.05
HERO MOTOCORP: CO TO REVISE PRICES OF MOTORCYCLES & SCOOTERS FROM JULY 1, 2024 -- CO SAYS THE PRICE REVISION WILL BE UP TO RS. 1,500
TATA STEEL: CO SAYS DISAPPOINTED AT UNITE UNIONS UK STRIKE ACTION PLANS -- CO SAYS IF THE SAFETY AND STABILITY OF OUR OPERATIONS ARE PUT AT RISK BY THIS ACTION, WE WILL BE FORCED TO ACCELERATE PLANT CLOSURE PLANS
RELIANCE INDUSTRIES: RELIANCE SHAREHOLDERS APPROVE RETAIL UNITS $4 BILLION LEASE TO JIO FINANCIAL - ET
CIPLA: CO SAYS USFDA HAS CONDUCTED AN INSPECTION AT THE CO’S MANUFACTURING FACILITY IN GOA -- CO SAYS ON CONCLUSION OF THE INSPECTION, CO RECEIVED 6 INSPECTIONAL OBSERVATIONS IN FORM 483
BANK OF BARODA: BOARD MEETING ON JULY 5 TO CONSIDER AND APPROVE RAISING OF LONG TERM BONDS FOR FINANCING OF INFRASTRUCTURE AND AFFORDABLE HOUSING
TRENT: NSE CIRCULAR - DIVIS LABORATORIES AND TRENT LTD NOT AVAILABLE FOR TRADING IN T+0 ROLLING SETTLEMENT CYCLE ON JUNE 24
DIVIS LABORATORIES: NSE CIRCULAR - DIVIS LABORATORIES AND TRENT LTD NOT AVAILABLE FOR TRADING IN T+0 ROLLING SETTLEMENT CYCLE ON JUNE 24
TATA STEEL: TATA STEEL WORKERS IN UK TO BEGIN INDEFINITE STRIKE ACTION ON JULY 8 - UNITE UNION
TATA STEEL: UKS UNITE - TATA WORKERS CALL FIRST STRIKES IN 40 YEARS TO STOP STEEL DESTRUCTION -- UKS UNITE: AROUND 1,500 TATA WORKERS BASED IN PORT TALBOT AND LLANWERN WILL BEGIN ALL-OUT INDEFINITE STRIKE ACTION
INDIAN OIL CORP: ONGC, INDIAN OIL CORP SIGNS MOU TO SET UP SMALL SCALE LNG PLANT NEAR HATTA GASFIELD IN VINDHYAN BASIN - STATEMENT
ONGC: ONGC, INDIAN OIL CORP SIGNS MOU TO SET UP SMALL SCALE LNG PLANT NEAR HATTA GASFIELD IN VINDHYAN BASIN - STATEMENT
TVS MOTOR: CO TO PARTNER WITH CSC GRAMEEN eSTORES FOR ITS COMMERCIAL VEHICLE RANGE
VEDANTA: ANIL AGARWAL LIKELY TO SELL A 2.5% STAKE IN VEDANTA - ET
COAL INDIA: INDIA COAL MINISTER SAYS COAL PRODUCTION TARGET FOR 2024-2025 IS 1 BILLION METRIC TONNES
HDFC BANK: BANK TO CONSIDER Q1 RESULTS ON JULY 20
POWER GRID: CO SAYS JV FOR DEVELOPMENT OF INTRA STATE TRANSMISSION SYSTEM IN STATE OF RAJASTHAN
POWER GRID: CO ACCORDED IN-PRINCIPLE APPROVAL FOR FORMATION OF JV WITH RAJASTHAN RAJYA VIDYUT PRASARAN NIGAM
AXIS BANK LTD: RS. 2089.05 CRORES NSE BLOCK TRADE; FOR ~ 17033275 SHARES, AT RS. 1226.45
TCS: XEROX SIGNS DEAL WITH CO TO TRANSFORM ITS IT TECHNOLOGY USING CLOUD AND GENAI
SUN PHARMA: CO SIGNS NON-EXCLUSIVE PATENT LICENSING AGREEMENT WITH TAKEDA FOR INTRODUCING NOVEL GASTROINTESTINAL DRUG, VOLTAPRAZ (VONOPRAZAN) IN INDIA
POWER FINANCE CORP: CO SAYS POST COMPLETION OF DETAILED DUE DILIGENCE, BOARD OF DIRECTORS OF PFC WOULD TAKE MERIT BASED DECISION ON WAY FORWARD
POWER FINANCE CORP: CO COMMENTS ON NEWS ARTICLE ON SANCTION OF LOAN TO SHAPOORJI PALLONJI GROUP OF COMPANIES -- CO SAYS DILIGENCE PROCESS IS STILL UNDERWAY AND NO FUNDS HAVE BEEN DISBURSED TILL DATE
BRITANNIA INDUSTRIES: CO SAYS VOLUNTARY RETIREMENT SCHEME OFFERED TO WORKERS AT KOLKATA FACTORY HAS BEEN ACCEPTED BY ALL PERMANENT WORKERS -- CO SAYS NO MATERIAL IMPACT ON BUSINESS OPERATIONS
NESTLE: BOARD MEETING ON JULY 8 TO CONSIDER DIVIDEND; IF ANY
NESTLE: BOARD MEETING ON JULY 25 TO CONSIDER Q1 RESULTS
YES BANK: BOARD MEETING ON JUNE 25 TO CONSIDER BORROWING/RAISING FUNDS
BANK OF BARODA: CO SAYS NAMES CHAYANI MANOJ SUNDAR AS CFO
BANK OF BARODA: CO SAYS CFO DESOUZA IAN GERARD RESIGNS
ONGC: CO APPROVED APPOINTMENT OF MR DEVENDRA KUMAR AS CHIEF FINANCIAL OFFICER -- CO APPROVED LETTER OF COMFORT (LOC) FOR RAISING DEBT BY OPAL UP TO 54B RUPEES
TITAN CO LTD: RS. 55.95 CRORES NSE BLOCK TRADE; FOR ~ 162322 SHARES, AT RS. 3447.10
BHARTI AIRTEL LTD: Rs. 42.24 Crores NSE Block Trade; for ~ 306068 Shares, at Rs. 1380.00
MARUTI SUZUKI INDIA LTD: RS. 106.02 CRORES NSE BLOCK TRADE; FOR ~ 87018 SHARES, AT RS. 12183.55
INDIAN HOTELS CO LTD: Rs. 23.43 Crores NSE Block Trade; for ~ 370138 Shares, at Rs. 632.90
VEDANTA: CO APPROVED RAISING OF FUNDS VIA NCDS ON A PRIVATE PLACEMENT BASIS AGGREGATING UPTO 1,000 CR RUPEES
TATA CONSULTANCY SERVICES LTD: RS. 59.55 CRORES NSE BLOCK TRADE; FOR ~ 157111 SHARES, AT RS. 3790.05
VEDANTA: CO EXEC SAYS FOCUS IS TO CREATE 6 LISTED GROUP COMPANIES & SCALE THEM UP - CNBC TV 18
VEDANTA: CO EXEC SAYS OPTIMISTIC THAT DEMERGER WILL GET COMPLETED IN FY 25 AS APPROVALS ARE UNDERWAY - CNBC TV 18
VEDANTA: CO EXEC SAYS GROUP IS FOCUSED ON EBITDA TARGET OF 10B USD - CNBC TV18
BHARTI AIRTEL LTD: Rs. 33.47 Crores NSE Block Trade; for ~ 238885 Shares, at Rs. 1401.15
MAHINDRA & MAHINDRA LTD: Rs. 39.95 Crores NSE Block Trade; for ~ 136032 Shares, at Rs. 2936.65
SUN PHARMA: CO SAYS DADRA FACILITY RECEIVES WARNING LETTER FROM US FDA -- CO SAYS WARNING LETTER SUMMARIZES VIOLATIONS WITH RESPECT TO CURRENT GOOD MANUFACTURING PRACTICE REGULATIONS
ADANI PORTS: 4 PORTS FROM ADANI PORTS & SEZ PORTFOLIO FIGURE IN WORLD BANKS CONTAINER PORT PERFORMANCE INDEX 2023 -- KATTUPALLI, HAZIRA AND KRISHNAPATNAM PORTS ALSO RECOGNISED WITHIN TOP 100 PORTS GLOBALLY
INFO EDGE (INDIA): CO SAYS ALLCHECKDEALS INDIA AGREED TO INVEST 10M RUPEES IN ITS UNIT NEWINC INTERNET SERVICES
BHARTI AIRTEL: CO NET ADDS 7.5 LAKH USERS IN APRIL VS 17.5 LAKH IN MARCH - TRAI
RELIANCE INDUSTRIES: JIO NET ADDS 26.9 LAKH USERS IN APRIL VS 21.4 LAKH IN MARCH - TRAI
INDIAN OIL CORP: CO AND GPS RENEWABLES PVT. LTD. FORM JOINT VENTURE FOR SUSTAINABLE ENERGY SOLUTIONS -- JOINT VENTURE WILL FOCUS ON INTEGRATING ADVANCED BIOGAS TECHNOLOGIES TO CONVERT ORGANIC WASTE INTO COMPRESSED BIOGAS
ULTRATECH CEMENT LTD: RS. 290.03 CRORES NSE BLOCK TRADE; FOR ~ 263902 SHARES, AT RS. 10990.05
SBI: BANK ACCORDED APPROVAL FOR RAISING LONG TERM BONDS UP TO AN AMOUNT OF RUPEES 20,000 CR THROUGH A PUBLIC ISSUE OR PRIVATE PLACEMENT, DURING FY25
COAL INDIA: CO HAS AWARDED 23 CLOSED AND DISCONTINUED UNDERGROUND MINES TO PRIVATE SECTOR BIDDERS ON A REVENUE-SHARING MODEL TO TAP LATENT COAL RESERVES
COAL INDIA: CO TO TAP COAL FROM ABANDONED UG MINES THROUGH PRIVATE OPERATORS
HAL: CO TO CONSIDER THE RECOMMENDATION OF FINAL DIVIDEND ON JUNE 26
TATA MOTORS: CO SAYS PRICE INCREASE IS TO OFFSET THE IMPACT OF RISING COMMODITY PRICES -- CO SAYS PRICE INCREASE UP TO 2%
TATA MOTORS: CO ANNOUNCES PRICE INCREASE OF ITS COMMERCIAL VEHICLES FROM JULY 2024
VARUN BEVERAGES LTD: Rs. 28.72 Crores NSE Block Trade; for ~ 177677 Shares, at Rs. 1616.55
EICHER MOTORS LTD: Rs. 28.98 Crores NSE Block Trade; for ~ 59361 Shares, at Rs. 4882.20
HCL TECH: CO, TECNOTREE IN PACT TO BRING 5G LED GENERATIVE AI SOLUTIONS - CNBC AAWAZ
BHARAT FORGE LTD: RS. 50.64 CRORES NSE BLOCK TRADE; FOR ~ 299095 SHARES, AT RS. 1693.20
DR REDDYS LABORATORIES LTD: Rs. 16.00 Crores NSE Block Trade; for ~ 26993 Shares, at Rs. 5928.00
AU SMALL FINANCE BANK LTD: RS. 852.59 CRORES NSE BLOCK TRADE; FOR ~ 13014727 SHARES, AT RS. 655.10
TATA MOTORS: JLR MAINTAINS TARGET OF 10% EBIT MARGIN IN FY26 - INVESTOR PRESENTATION
TATA MOTORS: CJLR IS THE 50/50 JOINT VENTURE OF JAGUAR LAND ROVER LTD AND CHERY AUTOMOBILE CO LTD
TATA MOTORS: CJLR WILL PIVOT ITS PRODUCT RANGE WITH THE REBIRTH OF THE FREELANDER BRAND, WITH A NEW PORTFOLIO BASED ON CHERY’S EV ARCHITECTURE, MANUFACTURED IN CHANGSHU
TATA MOTORS: COS UNIT JLR & CHERY SIGN LOI TO LICENSE FREELANDER BRAND TO CJLR FOR CREATION OF EVS IN CHINA
WIPRO: CO CLARIFIES ON NEWS ARTICLE - WIPRO WINS MULTI-MLN DOLLAR DEAL FROM STANDARD CHARTERED -- CO SAYS NEWS IS BASED ON RUMOUR AND SPECULATION AND WE WOULD LIKE TO CATEGORICALLY STATE THAT INFORMATION MENTIONED IS INACCURATE
BHARAT FORGE: CO SAYS MADE ADDITIONAL INVESTMENT OF USD 40M IN BHARAT FORGE AMERICA
VEDANTA: CO SASYS SETS PRODUCTION TARGET OF 2.5 MTPA OF SALEABLE ORE FOR BOMI MINE IN LIBERIA FOR FY 2024-25 -- SETS PRODUCTION TARGET OF 2.5 MTPA OF SALEABLE ORE FOR BOMI MINE IN LIBERIA FOR FY 2024-25 - ANNUAL REPORT
VEDANTA: CO TO INCREASE HOT METAL STEEL PRODUCTION CAPACITY FROM 1.7 MTPA TO 3.5 MTPA BY FY 2024-25 -- DISCUSSIONS WITH CREDITORS FOR DEBT ALLOCATIONS ARE ONGOING OVER PROPOSED DEMERGER OF BUSINESSES - ANNUAL REPORT
VEDANTA: CO SAYS TWO NEW THERMAL POWER PROJECTS —MEENAKSHI, ATHENA TO COMMENCE OPERATIONS IN FY 2024-25, FY 2025- 26 -- GAMSBERG PHASE 2 PROJECT IS TARGETED TO BE COMPLETED BY H1 FY 2024-25- ANNUAL REPORT
VEDANTA: CO SAYS HINDUSTAN ZINC PROJECTS 20% (YOY) RISE IN DOMESTIC ZINC SALES FOR FY 2024-25 -- HAVE PLANS TO OPERATIONALISE CAPTIVE COAL BLOCKS OF RADHIKAPUR (WEST), KURALOI NORTH IN FY 2024-25 - ANNUAL REPORT
VEDANTA: CO SAYS HINDUSTAN ZINC PROJECTS 20% (YOY) RISE IN DOMESTIC ZINC SALES FOR FY 2024-25 -- HAVE PLANS TO OPERATIONALISE CAPTIVE COAL BLOCKS OF RADHIKAPUR (WEST), KURALOI NORTH IN FY 2024-25 - ANNUAL REPORT
VEDANTA: CO SAYS HINDUSTAN ZINC PROJECTS 20% (YOY) RISE IN DOMESTIC ZINC SALES FOR FY 2024-25 -- HAVE PLANS TO OPERATIONALISE CAPTIVE COAL BLOCKS OF RADHIKAPUR (WEST), KURALOI NORTH IN FY 2024-25 - ANNUAL REPORT
VEDANTA: CO SAYS CAPEX OF US$ 1.9 BILLION IS ENVISAGED IN THE UPCOMING FISCAL YEAR -- DEVELOPMENT OF 9 MTPA SIJIMALI BAUXITE MINE IS PROGRESSING WELL, WITH INITIAL PRODUCTION EXPECTED IN Q3 FY 2024-25- ANNUAL REPORT
VEDANTA: CO SAYS SEE ALUMINIUM BUSINESS ALONE TO GENERATE MORE THAN US$ 4 BILLION EBITDA -- IN ALUMINIUM BUSINESS, EXPECT COMMISSIONING OF ONGOING 1 MTPA EXPANSION AT BALCO IN H2 FY 2024-25 - ANNUAL REPORT
VEDANTA: CO SAYS FOR FY 2024-25, CO PLANS TO MOBILISE RIGS TO ITS EAST AND WEST COAST ASSETS FOR MULTI-YEAR DRILLING PROGRAMMES -- STEEL BUSINESS IS ON TRACK TO EXPAND CAPACITY TO 3.5 MTPA IN FY 2024-25 - ANNUAL REPORT
VEDANTA: CO SEEK TO FURTHER DELEVERAGE VEDANTA RESOURCES BY $3 BLN OVER THE NEXT THREE YEARS -- FOR FY 2024-25, IN OIL & GAS BUSINESS, CO PLANS TO EXECUTE A 10-WELL EXPLORATION CAMPAIGN IN ASSAM- ANNUAL REPORT
VEDANTA: CO SAYS NEWFOUND LIQUIDITY FLEXIBILITY OF VEDANTA RESOURCES ALLOWS TO CHANNEL CASH FLOWS TO IMPORTANT CAPEX PROJECTS -- SEE MONETISATION OF STEEL AND RAW MATERIALS BUSINESS, TO BE COMPLETED IN H1 OF FY 2024-25
VEDANTA: CO SAYS WE PRIORITISE TO INCREASE OUR HOT METAL PRODUCTION CAPACITY FROM 1.7 MTPA TO 3.5 MTPA BY FY 2024-25 -- VEDANTA RESOURCES RESTRUCTURED ITS OUTSTANDING BONDS TOTALLING $ 3.2 BLN, EXTENDING MATURITY UP TO FY 2028-29 - ANNUAL REPORT
VEDANTA: CO SAYS SEE DISCIPLINED CAPEX ACROSS PROJECTS TO GENERATE HEALTHY ROCE IN FY24-25 -- CO AIM TO REDUCE WORKING CAPITAL IN FY24-25 - ANNUAL REPORT
VEDANTA: CO AIMS FOR INVESTMENT IN ENERGY TRANSITION OF 27B RUPEES FOR FY 2024-25 - ANNUAL REPORT
VEDANTA: CO EXPECTS MONETISATION OF ITS STEEL AND RAW MATERIALS BUSINESS, TO BE COMPLETED IN FIRST HALF OF FY 2024-25- ANNUAL REPORT
INFOSYS: CO LAUNCHED TODAY INFOSYS ASTERTM – THE AI-AMPLIFIED MARKETING SUITE THAT DELIVERS ENGAGING BRAND EXPERIENCES, ENHANCED MARKETING EFFICIENCY, AND ACCELERATED BUSINESS GROWTH
GRASIM: CO SAYS BIRLA OPUS LAUNCHES ITS NEW THEMATIC COMMUNICATION AND EMBARKS ON A JOURNEY TO ‘MAKE LIFE BEAUTIFUL
CIPLA: CO EU TO INVEST AN ADDITIONAL EUR 3 MILLION IN ETHRIS
COAL INDIA: CO EXPLORING LITHIUM ASSETS IN ARGENTINA WITH U.S. PARTNER - RTRS
LTIMINDTREE LTD: RS. 70.76 CRORES NSE BLOCK TRADE; FOR ~ 138613 SHARES, AT RS. 5104.85
BHARTI AIRTEL: CO SAYS WYNK STUDIO ARTISTS SONGS SURPASS 1.7+ BILLION STREAMS ON WYNK MUSIC
TITAN: CO AIM TO REACH REVENUES OF USD 500M AND SERVE 500,000 INTERNATIONAL CUSTOMERS BY FY 2026-27 - ANNUAL REPORT
ASHOK LEYLAND: CO ANNOUNCED A SIGNIFICANT CHANGE IN THE RATIO ADJUSTED FROM 60:1 (ONE GDR EQUIVALENT TO 60 UNDERLYING SHARES) TO 1:1 (ONE GDR EQUIVALENT TO ONE UNDERLYING SHARE)
BHARAT FORGE LTD: Rs. 16.22 Crores NSE Block Trade; for ~ 95251 Shares, at Rs. 1702.45
MAHINDRA & MAHINDRA LTD: RS. 60.80 CRORES NSE BLOCK TRADE; FOR ~ 204424 SHARES, AT RS. 2974.10
KOTAK MAHINDRA BANK LTD: RS. 86.27 CRORES NSE BLOCK TRADE; FOR ~ 504388 SHARES, AT RS. 1710.35
L&T: CO WINS SIGNIFICANT CONTRACT -- SIGNIFICANT CONTRACT VALUES BETWEEN 1000 TO 2500 CR RUPEES
WIPRO: HANESBRANDS INC. STRENGTHENS WIPRO PARTNERSHIP TO ACCELERATE DIGITAL TRANSFORMATION -- WIPRO TO PROVIDE A RANGE OF SERVICES INCLUDING AI, CLOUD, DATA AND ANALYTICS, APPLICATION MANAGEMENT, CYBERSECURITY, AND CONSULTING
BHARTI AIRTEL: CO PREPAYS 79.04 BLN RUPEES TO CLEAR HIGH COST DEFERRED LIABILITIES FOR SPECTRUM ACQUIRED IN 2012 AND 2015 -- CO HAS FULLY PREPAID ALL DEFERRED LIABILITIES PERTAINING TO SPECTRUM ACQUIRED IN AUCTION OF YEAR 2012 AND 2015
STATE BANK OF INDIA: CO REVISES ONE-YEAR MCLR TO 8.75% FROM 8.65%, EFFECTIVE JUNE 15
INTERGLOBE AVIATION: INDIGO LOCAL PASSENGER MARKET SHARE RISES TO 61.6% IN MAY, ACCORDING TO DGCA
INTERGLOBE AVIATION: CO SAYS FINALIZED AN AMENDMENT TO EXISTING AGREEMENT WITH INTERNATIONAL AERO ENGINES -- IAE WILL PROVIDE INDIGO WITH A CUSTOMIZED COMPENSATION IN RELATION TO ONGOING SITUATION OF AIRCRAFT ON GROUND DUE TO UNAVAILABILITY OF ENGINES
INFOSYS: BOARD MEETING ON JULY 18 TO CONSIDER Q1 RESULTS
PIDILITE INDUSTRIES: CO SAYS JV OF CO ENTERED AGREEMENT WITH INDUSTRIA CHIMICA ADRIATICA SPA FOR LICENSING OF CERTAIN UV TECHNOLOGY FROM ICA
HAVELLS INDIA: HAVELLS TO INVEST 500-600M RUPEES IN AIR CONDITIONER MANUFACTURING CAPACITIES
ADANI ENTERPRISES: PROMOTER GROUP RAISED STAKE IN CO BY 2.02% TO 73.95% VIA OPEN MARKET PURCHASE BETWEEN SEPT 2023-JUNE 2024
SUN PHARMA: CO INFORMS ABOUT ORAL PRESENTATION AT EULAR 2024 OF DATA FROM GLOBAL PHASE 2B CLINICAL TRIAL DEMONSTRATES DURABILITY OF PAIN RELIEF AFTER A SINGLE INJECTION OF MM-II IN PATIENTS WITH PAINFUL KNEE OSTEOARTHRITIS (OA)
LUPIN: USFDA ISSUES FORM 483 WITH ZERO OBSERVATION TO ITS NAGPUR UNIT
TECH MAHINDRA: COS FY27 GOALS - REVENUE GROWTH EXCEEDING THE PEER AVERAGE, EBIT MARGIN OF AT LEAST 15%, ROCE GREATER THAN 30% - INVESTOR PRESENTATION
INDIAN HOTELS: CO CONTINUE TO FOCUS ON CONSISTENT DOUBLE-DIGIT TOPLINE GROWTH - INVESTOR PRESENTATION
INDIAN HOTELS: CO EXPECTS OPEN 2+ HOTELS A MONTH -- LEVERAGE STRATEGIC CASH RESERVE FOR CAPEX AND NEW BUSINESS SUPPORT - INVESTOR PRESENTATION
INDIAN HOTELS: CO EXPECTS - QMIN IN ALL GINGERS QMIN GMV LIKELY RUPEES 125 CR + -- AMÃ : 2X REVENUES, OWNED INVENTORY TO CROSS 7% OF TOTAL - INVESTOR PRESENTATION
INDIAN HOTELS CO: CO EXPECTS - CONSISTENT 30%+ GROWTH RATES, TAJ SATS REVENUE LIKELY RUPEES 1,000 CR + -- GINGER BRAND LEVEL REVENUE LIKELY RUPEES 600 CR + : INVESTOR PRESENTATION
VEDANTA: CO SAYS SUBSIDIARY WCL INTENDS TO INVEST $2B IN NEXT FIVE YEARS TO BOOST ECONOMIC REVITALISATION OF LIBERIA - RTRS
WIPRO: CO TO TRANSFORM AUTOMOTIVE SOFTWARE DEVELOPMENT THROUGH SIEMENS COLLABORATION AND INTEGRATION WITH PAVE360 -- CO SAYS THE COLLABORATION IS DESIGNED TO CHANGE THE WAY AUTOMOTIVE SOFTWARE IS DEVELOPED, TESTED, AND VALIDATED
PIDILITE INDUSTRIES: CO SAYS PARGRO WILL BE ACQUIRED THROUGH COS UNIT BHIMAD COMMERCIAL -- CO SAYS RBI HAS NOW GRANTED APPROVAL TO PARGRO FOR CHANGE IN SHAREHOLDING AND CHANGE IN BOARD COMPOSITION OF PARGRO
HAVELLS INDIA: CO SAYS PLANNING TO EXPAND ITS EXISTING MANUFACTURING CAPACITIES OF AIR CONDITIONERS AT GHILOTH AND SRICITY LOCATIONS -- EXPANSION IN ORDER TO CATER TO INCREASED DEMAND; TOTAL PROPOSED INVESTMENT FOR ABOVE CAPACITY ENHANCEMENTS WILL BE IN RANGE OF 500 - 600M RUPEES
AMBUJA CEMENTS: CO SAYS ACQUISITION ADDS 14 MTPA CAPACITY, TOTAL NOW 89 MTPA; ACQUISITION WILL BE FUNDED BY INTERNAL ACCRUALS -- CO SAYS ACQUISITION WILL IMPROVE ADANI CEMENTS MARKET SHARE PAN INDIA BY ABOUT 2%, SOUTH INDIA BY ABOUT 8%
AMBUJA CEMENTS: CO APPROVED THE ACQUISITION OF 100% STAKE IN PENNA CEMENT INDUSTRIES -- DEAL AT AN ENTERPRISE VALUE OF 104.22B RUPEES
WIPRO: CO LAUNCHES ON-PREMISE GENAI SOLUTION WITH HEWLETT PACKARD ENTERPRISE -- CO SAYS THIS INNOVATIVE PLATFORM IS ENGINEERED TO DRIVE OPERATIONAL EXCELLENCE AND ENHANCE CUSTOMER ENGAGEMENT
MARICO LTD: RS. 138.78 CRORES NSE BLOCK TRADE; FOR ~ 2280719 SHARES, AT RS. 608.50
L&T: CO WINS LARGE CONTRACT -- LARGE CONTRACT VALUES BETWEEN 2500 TO 5000 CR RUPEES
INTERGLOBE AVIATION LTD: RS. 226.62 CRORES NSE BLOCK TRADE; FOR ~ 532014 SHARES, AT RS. 4259.75
CUMMINS INDIA LTD: RS. 72.09 CRORES NSE BLOCK TRADE; FOR ~ 193838 SHARES, AT RS. 3718.85
HINDUSTAN UNILEVER LTD: Rs. 21.31 Crores NSE Block Trade; for ~ 85268 Shares, at Rs. 2498.80
CUMMINS INDIA LTD: RS. 56.14 CRORES NSE BLOCK TRADE; FOR ~ 151113 SHARES, AT RS. 3715.05
MARICO LTD: Rs. 39.19 Crores NSE Block Trade; for ~ 642643 Shares, at Rs. 609.80
CANARA BANK: Rs. 30.65 Crores NSE Block Trade; for ~ 2502760 Shares, at Rs. 122.45
CANARA BANK: Rs. 30.65 Crores NSE Block Trade; for ~ 2502760 Shares, at Rs. 122.45
INTERGLOBE AVIATION LTD: Rs. 21.39 Crores NSE Block Trade; for ~ 50392 Shares, at Rs. 4244.35
HDFC BANK LTD: Rs. 33.33 Crores NSE Block Trade; for ~ 210732 Shares, at Rs. 1581.75
HDFC LIFE INSURANCE CO LTD: RS. 57.91 CRORES NSE BLOCK TRADE; FOR ~ 986028 SHARES, AT RS. 587.30
INDIGO: RS 199.6CR NSE BLOCK TRADE; FOR ~464134 SHARES, AT RS 4300.4 (PRE-OPEN BLOCK)
HDFC LIFE: CO EXEC SAYS THEY ANTICIPATE GROSS IMPACT OF APPROXIMATELY 100 BPS ON COS NEW BUSINESS MARGIN
DR REDDYS LABORATORIES: CO UNIT AND INGENUS PHARMACEUTICALS, LLC HAVE ENTERED INTO LICENSE AGREEMENT -- CO UNIT OBTAINED EXCLUSIVE RIGHTS TO COMMERCIALIZE CYCLOPHOSPHAMIDE INJECTION RTD (500 MG/2.5ML; 1G/5ML; 2G/10ML) IN U.S. -- SALES OF THE SAID INGENUS PRODUCT AS PER THE IQVIA FOR THE PAST 12 MONTHS ENDED MARCH 2024 WAS $51.8M
NESTLE INDIA: CO APPROVED CONTINUATION OF PAYMENT OF GENERAL LICENCE FEES (ROYALTY) AT CURRENT RATE OF 4.5% TO SOCIÉTÉ DES PRODUITS NESTLÉ S.A.
DR REDDYS LABORATORIES: CO UNIT AND INGENUS PHARMACEUTICALS, LLC HAVE ENTERED INTO LICENSE AGREEMENT -- CO UNIT OBTAINED EXCLUSIVE RIGHTS TO COMMERCIALIZE CYCLOPHOSPHAMIDE INJECTION RTD (500 MG/2.5ML; 1G/5ML; 2G/10ML) IN U.S.
TATA POWER: CO ENABLING E-MOBILITY ACROSS 30+ BUS DEPOTS FOR STATE TRANSPORT CORPORATIONS LIKE DTC, BEST, BMTC, JSCL, SSCL, BRTS-AJL THROUGH OEM PARTNERSHIPS -- EXPANSIVE PAN-INDIA BUS CHARGING NETWORK LED TO THE SAVING OF MORE THAN 1 LAKH TONNE TAILPIPE CO2 EMISSIONS
TATA POWER: CO STRENGTHENS ITS NATIONWIDE E-BUS CHARGING NETWORK WITH HIGH-CAPACITY FAST CHARGING POINTS -- 2300+ E-BUSES POWERED THROUGH 850+ BUS CHARGING POINTS ACROSS DELHI, MUMBAI, BENGALURU, AHMEDABAD, GOA, JAMMU AND SRINAGAR TO ACCELERATE EMOBILITY IN PUBLIC TRANSPORT
LTIMINDTREE: CO AND SNP LAUNCH MELD®: COLLABORATIVE SERVICES PLATFORM FOR ACQUISITIONS & DIVESTITURES PROGRAMS FOR SAP CUSTOMERS
SBI: BANK TO SEEK APPROVAL FOR RAISING OF LONG-TERM BONDS ON JUNE 19
INDIAN HOTELS CO LTD: RS. 74.69 CRORES NSE BLOCK TRADE; FOR ~ 1279019 SHARES, AT RS. 584.00
BANK OF BARODA: Rs. 25.58 Crores NSE Block Trade; for ~ 903503 Shares, at Rs. 283.10
KOTAK MAHINDRA BANK LTD: RS. 87.51 CRORES NSE BLOCK TRADE; FOR ~ 509088 SHARES, AT RS. 1719.05
TATA STEEL: CO IS POISED TO GROW 2X IN HIGH MARGIN RETAIL
TATA STEEL: CO SAYS MANUFACTURING SITES WITH AVAILABLE LAND BANK TO DOUBLE CAPACITY TO 40 MTPA
POWER FINANCE CORP LTD: RS. 63.17 CRORES NSE BLOCK TRADE; FOR ~ 1295880 SHARES, AT RS. 487.45
BPCL: CO CLARIFIES ON NEWS ITEM CO PLANS TO SET UP NEW REFINERY FOR RS.50,000 CRORE -- CO SAYS IN THIS RESPECT WE HEREBY CLARIFY THAT AT PRESENT NO SUCH FORMAL PROPOSAL HAS BEEN INITIATED
HINDALCO INDUSTRIES LTD: RS. 69.16 CRORES NSE BLOCK TRADE; FOR ~ 1024604 SHARES, AT RS. 675.00
SBI LIFE INSURANCE CO LTD: Rs. 22.45 Crores NSE Block Trade; for ~ 155545 Shares, at Rs. 1443.25
TITAN CO LTD: RS. 55.18 CRORES NSE BLOCK TRADE; FOR ~ 163161 SHARES, AT RS. 3382.15
FEDERAL BANK: THREE NAMES LIKELY TO HAVE BEEN SUBMITTED TO RBI FOR MD & CEO POST -- KVS MANIAN, EX DY MD, KOTAK BANK, IS LIKELY EXTERNAL CANDIDATE - CNBC TV 18
LARSEN & TOUBRO LTD: RS. 135.00 CRORES NSE BLOCK TRADE; FOR ~ 370857 SHARES, AT RS. 3640.35
HCL TECH: OLYMPUS AND CO EXPAND ENGINEERING AND R&D PARTNERSHIP, ANNOUNCE DEDICATED CENTER IN HYDERABAD, INDIA TO ADVANCE OLYMPUS’ GLOBAL PRODUCT INNOVATION JOURNEY