🇮🇳India Daybook – Stocks in News
*Narayana Hrudayalaya:* Health Insurance Commission of Cayman Islands has issued Insurer Certificate to Cayman Integrated Healthcare Ltd., a step-down subsidiary of the company. (Positive)
*Cigniti:* Coforge announced a scheme of amalgamation. Shareholders will receive 1 Coforge share for every 5 Cigniti shares. (Positive)
*Kothari Products:* Company proposed a 1:1 bonus share issue. (Positive)
*Zota Healthcare:* Company received product registration licenses for two products in Kyrgyzstan. (Positive)
*Dr Agrawals:* New branch commenced operations in Vellore, Tamil Nadu. (Positive)
*IOL Chemicals:* The board approved a stock split: Each Rs. 10 share will be split into 5 Rs. 2 shares. (Positive)
*Hero Motocorp:* Company has extended its partnership with Harley-Davidson Motor Company (Positive)
*Teamo Productions:* Company Secured orders worth Rs 120 million from Ganga Realty Group for structural steel. (Positive)
*Esconet Technologies:* Company Gets Order Worth Rs 139.1 Million. (Positive)
*JSW Energy:* Company to buy O2Power for $1.2 billion. (Positive)
*R Power:* Rosa Power Supply Company Limited, secured a ₹3,760 crore term loan from Power Finance Corporation Limited (PFC). (Positive)
*IL&FS Engineering:* Company bags project worth ₹302.82 crore of Bhubaneswar Metro Phase-I from Ceigall India (Positive)
*Vodafone Idea:* Vodafone Group clears Rs 11,650 cr dues, releases pledged shares in Vodafone Idea. DoT waives bank guarantees for spectrum auctions. (Positive)
*Shakti Pumps:* Board Meeting to be held on 07-Jan-2025 to consider Fund raising via equity (Positive)
*Adani Green Energy:* Company incorporates new subsidiary for renewable energy. Commissioning of 62.4 MW wind and 112.5 MW solar projects. (Positive)
*SRF:* Incorporates arm for business of owning and renting real estate. (Positive)
*Teerth Gopicon:* Company received a Letter of Award from SJVN for a solar rooftop power project. (Positive)
*Max Financial Services:* Company to Discontinue Operations of Max Life Pfm as a Pension Fund Manager. (Neutral)
*Kansai Nerolac Paints:* Company to Consider Q3 Results on Feb 5. (Neutral)
*Emami:* Company to Consider Q3 Results & Dividend If Any On Jan 27. (Neutral)
*SRF: Company’s Wholly Owned Subsidiary has issued Equity Shares to the Company. (Neutral)
*Zydus Lifesciences:* Company acquisition of Sterling Biotech's API business has been delayed. (Neutral)
*Kalpataru Projects:* Company received a GST Authority order on December 27, 2024, demanding Rs 2.64 Crores (Neutral)
*Utkarsh Small Finance Bank:* Bank’s board approves sale of NPA & Written-Off loans to ARC. (Neutral)
*Dynamic Services:* Company completed the acquisition of Bharat Battery MFG Co Private Limited. (Neutral)
*Dr. Reddy's Laboratories:* Company received a credit rating reaffirmation from ICRA Limited (Neutral)
*Can Fin Home:* Company received a credit rating reaffirmation from ICRA Limited (Neutral)
*Adani Ent:* AEL's stake in its subsidiary, JMRPL has been diluted to 51%. (Neutral)
*SJVN:* Company appoints Sanjay Kumar as Chief Financial Officer of the company (Neutral)
*Max Fin:* Max Life PFM to discontinue operations to avoid 'unintended' brand misinterpretation. (Neutral)
*Prestige:* Company signs business transfer agreement with a wholly owned subsidiary for assets and shares worth Rs 313 crore. (Neutral)
*Reliance Industries:* Expands Healthcare Portfolio with Karkinos Acquisition (Neutral)
*M&M:* State Tax officer initiated inspection of the records at one of the places of business operations of the Company in Chennai, Tamil Nadu on certain GST compliance issues (Neutral)
*Zydus Wellness:* Company’s arm gets Rs 56.33 cr GST demand over Heinz IP rights deal (Neutral)
*Mahindra EPC:* Company awarded a Rs. 3.40 Crores contract for Micro Irrigation Systems over 680 hectares, execution within 12 months (Neutral)
*Narayana Hrudayalaya:* Health Insurance Commission of Cayman Islands has issued Insurer Certificate to Cayman Integrated Healthcare Ltd., a step-down subsidiary of the company. (Positive)
*Cigniti:* Coforge announced a scheme of amalgamation. Shareholders will receive 1 Coforge share for every 5 Cigniti shares. (Positive)
*Kothari Products:* Company proposed a 1:1 bonus share issue. (Positive)
*Zota Healthcare:* Company received product registration licenses for two products in Kyrgyzstan. (Positive)
*Dr Agrawals:* New branch commenced operations in Vellore, Tamil Nadu. (Positive)
*IOL Chemicals:* The board approved a stock split: Each Rs. 10 share will be split into 5 Rs. 2 shares. (Positive)
*Hero Motocorp:* Company has extended its partnership with Harley-Davidson Motor Company (Positive)
*Teamo Productions:* Company Secured orders worth Rs 120 million from Ganga Realty Group for structural steel. (Positive)
*Esconet Technologies:* Company Gets Order Worth Rs 139.1 Million. (Positive)
*JSW Energy:* Company to buy O2Power for $1.2 billion. (Positive)
*R Power:* Rosa Power Supply Company Limited, secured a ₹3,760 crore term loan from Power Finance Corporation Limited (PFC). (Positive)
*IL&FS Engineering:* Company bags project worth ₹302.82 crore of Bhubaneswar Metro Phase-I from Ceigall India (Positive)
*Vodafone Idea:* Vodafone Group clears Rs 11,650 cr dues, releases pledged shares in Vodafone Idea. DoT waives bank guarantees for spectrum auctions. (Positive)
*Shakti Pumps:* Board Meeting to be held on 07-Jan-2025 to consider Fund raising via equity (Positive)
*Adani Green Energy:* Company incorporates new subsidiary for renewable energy. Commissioning of 62.4 MW wind and 112.5 MW solar projects. (Positive)
*SRF:* Incorporates arm for business of owning and renting real estate. (Positive)
*Teerth Gopicon:* Company received a Letter of Award from SJVN for a solar rooftop power project. (Positive)
*Max Financial Services:* Company to Discontinue Operations of Max Life Pfm as a Pension Fund Manager. (Neutral)
*Kansai Nerolac Paints:* Company to Consider Q3 Results on Feb 5. (Neutral)
*Emami:* Company to Consider Q3 Results & Dividend If Any On Jan 27. (Neutral)
*SRF: Company’s Wholly Owned Subsidiary has issued Equity Shares to the Company. (Neutral)
*Zydus Lifesciences:* Company acquisition of Sterling Biotech's API business has been delayed. (Neutral)
*Kalpataru Projects:* Company received a GST Authority order on December 27, 2024, demanding Rs 2.64 Crores (Neutral)
*Utkarsh Small Finance Bank:* Bank’s board approves sale of NPA & Written-Off loans to ARC. (Neutral)
*Dynamic Services:* Company completed the acquisition of Bharat Battery MFG Co Private Limited. (Neutral)
*Dr. Reddy's Laboratories:* Company received a credit rating reaffirmation from ICRA Limited (Neutral)
*Can Fin Home:* Company received a credit rating reaffirmation from ICRA Limited (Neutral)
*Adani Ent:* AEL's stake in its subsidiary, JMRPL has been diluted to 51%. (Neutral)
*SJVN:* Company appoints Sanjay Kumar as Chief Financial Officer of the company (Neutral)
*Max Fin:* Max Life PFM to discontinue operations to avoid 'unintended' brand misinterpretation. (Neutral)
*Prestige:* Company signs business transfer agreement with a wholly owned subsidiary for assets and shares worth Rs 313 crore. (Neutral)
*Reliance Industries:* Expands Healthcare Portfolio with Karkinos Acquisition (Neutral)
*M&M:* State Tax officer initiated inspection of the records at one of the places of business operations of the Company in Chennai, Tamil Nadu on certain GST compliance issues (Neutral)
*Zydus Wellness:* Company’s arm gets Rs 56.33 cr GST demand over Heinz IP rights deal (Neutral)
*Mahindra EPC:* Company awarded a Rs. 3.40 Crores contract for Micro Irrigation Systems over 680 hectares, execution within 12 months (Neutral)