Infosys, Voda Idea, Karnataka Bank, oil stocks, Cadila
NEW DELHI: The shares of Nuvoco Vistas Corp. are listed today. Here are the top 10 stocks that could be on the news today.
Adani Group: According to the regulator’s website, the market regulator has put Adani Wilmar Ltd’s initial public offering (IPO) on hold. The Securities and Exchange Board of India (Sebi) said the release of comments on Adani Wilmar’s draft prospectus has been pending.
Aurobindo Pharma: The drug manufacturer said in a regulatory filing that it ₹The $ 420 million deal to acquire 51% of the shares in Cronus Pharma Specialties India Pvt Ltd (Cronus) has been canceled.
Cadila Healthcare: The Drugs Controller General of India (DCGI) emergency clearance for Zydus Cadila’s Covid vaccine could finally pave the way for educational institutions to reopen. The vaccine should be available for children aged 12 and over by the end of September. The Union’s Ministry of Health is about to revise guidelines for opening schools and issue a recommendation on vaccination programs for children and adolescents, officials said.
HDFC Bank: Fintech major Paytm and the country’s largest private bank, HDFC Bank Ltd, have entered into a strategic partnership to provide financial solutions to end users and merchants across India.
Infosys: At home, the Treasury Department “ordered” Infosys MD and CEO Salil Parekh to explain to Treasury Secretary Nirmala Sitharaman why disruptions on the income tax portal were not resolved more than two months after the launch.
JSPL: In the past two years, JSPL has grown from 5.5 million tons per year (MTPA) to 7.5 MTPA. And it intends to grow to 8.5 million tpa this fiscal year. Given the current demand for steel, the company wants a plant at the expense of ₹18000 crore to increase the capacity to 16 mtpa by 2023.
Karnataka Bank: The lender plans up to ₹6,000 crore borrowed capital during the current fiscal year, and it will seek shareholder approval at the next general meeting next month. In addition, the private lender has also planned to raise equity by issuing 15 crore shares through a Qualified Institutional Placement (QIP). Its annual general meeting (AGM) is planned for September 2nd.
NTPC: The state-owned company has secured a number of project contracts under the aegis of the International Solar Alliance (ISA) in Cuba, Niger and Malawi to help set up solar parks to meet these countries’ electricity needs, said two people aware of the development are .
Oil cos: Gasoline and diesel prices were each cut by 20 Paise per liter on Sunday – the first cut in gasoline prices in over a month and the fourth for diesel in less than a week. The price of gasoline in Delhi has been cut on ₹101.64 liters and diesel too ₹89.07 per liter, according to a price announcement from state oil companies.
Water idea: According to media reports, the center is not interested in merging the troubled telecommunications company with MTNL-VSNL. Aditya Birla Group’s chairman, Kumar Mangalam Birla, had previously offered to transfer all of the group’s ownership of Vodafone Idea Ltd to the government in order to prevent the collapse of the checkout-tied telecommunications company.
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