This group we only share news 🗞️ updates, we don’t offer any buying or Selling services, please consult your Financial Advisor before taking any Investment Decision Based on News
We are not SEBI registered,
Contact: Daytradertelugu@gmail.com
We are not SEBI registered,
Contact: Daytradertelugu@gmail.com
STOCKS IN ACTION 7 SEPTEMBER
Tata Consultancy Services: The IT major has entered into a strategic partnership with the digital unit of Jaguar Land Rover Plc as part of the carmaker’s "reimagine" strategy. The new partnership is valued at £800 million over five years.
jio Financial Services: The scrip will be excluded from the NSE Nifty 50 and other Nifty indices on Thursday.
Reliance Industries: The conglomerate's unit, Reliance Retail Ventures, has entered into a joint venture with Alia Bhatt’s kids and maternity-wear brand, Ed-a-Mamma, for a 51% stake. The valuation was not disclosed. Further, the retail arm received the subscription amount of Rs 8,278 crore from Qatar Holding and allotted 6.86 lakh shares to QIA.
Adani Total Gas: The company received a work order to design, build, finance, and operate a 500 tonne per day bio-CNG plant in Ahmedabad on a public-private partnership model.
Lupin: The drugmaker will collaborate with Mark Cuban Cost Plus Drug Co. and the COPD Foundation to bolster access to healthcare by expanding the availability of Tiotropium Bromide Inhalation Powder, 18 mcg/capsule, to chronic obstructive pulmonary disease patients in the U.S.
REC: In its AGM, the state-run company announced its commitment to increase its loan portfolio for green projects by more than 10 times by 2030 to Rs 3 lakh crore. Further, it has signed a loan deal for $100 million with EXIM Bank to refinance its borrowers in the power, infrastructure, and logistics sectors for importing capital equipment. It raised $1.15 billion through syndicated term loans in
Tata Consumer Products: The company clarified it is not in negotiations with Haldiram's to acquire a 51% stake in the company, responding to media reports.
Biocon: Its subsidiary Biocon Biologics has completed the integration of the acquired biosimilars business from Viatris in North America (the United States and Canada). The agreement closed in November 2022. It is expected to grow its employee count to over 150 in North America by the end of the year.
Varroc Engineering: The company and its units will buy up to a 26% stake in AMP Energy SPVs for Rs 13 crore. The SPVs will be used to construct renewable power plants in Maharashtra with a combined captive capacity of 33.10 MWp or 22.01 MWac.
360 One Wam: The asset management company has launched its global platform, 360 ONE Global, for offshore wealth and investment advisory. The group has roped in industry veteran Vikram Malhotra as its co-founder and CEO.
AU Small Finance Bank: The lender entered into bancassurance tie-ups with Star Health and Allied Insurance Co. and Bajaj Allianz Life Insurance Co.
PNC Infratech: Its unit, PNC Raebareli Highways, will settle the NHAI dispute with a one-time settlement of Rs 107.17 crore. The settlement amount represents 65% of the total 'eligible disputes' amount.
Cosmo First: The company has entered into a 'Security Subscription and Shareholders’ Agreement’ with O2 Renewable Energy XV and its holding company for acquisition of 26% stake in the SPV for Rs 17.85 crore. The company will source solar power for its plants situated in Aurangabad on a group captive consumer basis.
GVK Power and Infrastructure: CFO and Whole-Time Director Anicattu Isaac George has resigned with effect from Aug. 31.
Responsive Industries: The company secured a contract for the Garib Rath initiative from Indian Railways, following the recent Vande Bharat orders.
Som Distilleries and Breweries: The board has proposed to raise Rs 350 crore via qualified institutional placement, subject to the approval of members at the ensuing AGM, to be held on Sept. 27.
Tata Consultancy Services: The IT major has entered into a strategic partnership with the digital unit of Jaguar Land Rover Plc as part of the carmaker’s "reimagine" strategy. The new partnership is valued at £800 million over five years.
jio Financial Services: The scrip will be excluded from the NSE Nifty 50 and other Nifty indices on Thursday.
Reliance Industries: The conglomerate's unit, Reliance Retail Ventures, has entered into a joint venture with Alia Bhatt’s kids and maternity-wear brand, Ed-a-Mamma, for a 51% stake. The valuation was not disclosed. Further, the retail arm received the subscription amount of Rs 8,278 crore from Qatar Holding and allotted 6.86 lakh shares to QIA.
Adani Total Gas: The company received a work order to design, build, finance, and operate a 500 tonne per day bio-CNG plant in Ahmedabad on a public-private partnership model.
Lupin: The drugmaker will collaborate with Mark Cuban Cost Plus Drug Co. and the COPD Foundation to bolster access to healthcare by expanding the availability of Tiotropium Bromide Inhalation Powder, 18 mcg/capsule, to chronic obstructive pulmonary disease patients in the U.S.
REC: In its AGM, the state-run company announced its commitment to increase its loan portfolio for green projects by more than 10 times by 2030 to Rs 3 lakh crore. Further, it has signed a loan deal for $100 million with EXIM Bank to refinance its borrowers in the power, infrastructure, and logistics sectors for importing capital equipment. It raised $1.15 billion through syndicated term loans in
Tata Consumer Products: The company clarified it is not in negotiations with Haldiram's to acquire a 51% stake in the company, responding to media reports.
Biocon: Its subsidiary Biocon Biologics has completed the integration of the acquired biosimilars business from Viatris in North America (the United States and Canada). The agreement closed in November 2022. It is expected to grow its employee count to over 150 in North America by the end of the year.
Varroc Engineering: The company and its units will buy up to a 26% stake in AMP Energy SPVs for Rs 13 crore. The SPVs will be used to construct renewable power plants in Maharashtra with a combined captive capacity of 33.10 MWp or 22.01 MWac.
360 One Wam: The asset management company has launched its global platform, 360 ONE Global, for offshore wealth and investment advisory. The group has roped in industry veteran Vikram Malhotra as its co-founder and CEO.
AU Small Finance Bank: The lender entered into bancassurance tie-ups with Star Health and Allied Insurance Co. and Bajaj Allianz Life Insurance Co.
PNC Infratech: Its unit, PNC Raebareli Highways, will settle the NHAI dispute with a one-time settlement of Rs 107.17 crore. The settlement amount represents 65% of the total 'eligible disputes' amount.
Cosmo First: The company has entered into a 'Security Subscription and Shareholders’ Agreement’ with O2 Renewable Energy XV and its holding company for acquisition of 26% stake in the SPV for Rs 17.85 crore. The company will source solar power for its plants situated in Aurangabad on a group captive consumer basis.
GVK Power and Infrastructure: CFO and Whole-Time Director Anicattu Isaac George has resigned with effect from Aug. 31.
Responsive Industries: The company secured a contract for the Garib Rath initiative from Indian Railways, following the recent Vande Bharat orders.
Som Distilleries and Breweries: The board has proposed to raise Rs 350 crore via qualified institutional placement, subject to the approval of members at the ensuing AGM, to be held on Sept. 27.
