Stocks in News: RBI lifts restrictions imposed on gold loan business of IIFL Finance

AHMEDABAD, 20 SEPTEMBER:

Phoenix Mills: Company has emerged as the highest bidder for two strategically located plots in Mohali, Punjab. (Positive)

Suzlon Energy: Company excluded from Stage 1 Additional Surveillance Measure framework (Positive)

HUDCO: Company has potential for extending Rs 75,000 crore to Rs 1 lakh crore loan assistance under PM Awas Yojana. (Positive)

IIFL Finance: RBI lifts restrictions imposed on gold loan business of the company. (Positive)

Infosys: Company and POSTI extend strategic collaboration. (Positive)

AU Small Finance: Partners with Niva Bupa Health Insurance to priorities customer health (Positive)

IDFC FIRST Bank: The bank has secured approval from the RBI for the reappointment of V. Vaidyanathan as Managing Director and Chief Executive Officer. (Positive)

EMS: Company gets order worth Rs 6.81 billion (Positive)

Cosmic CRF: Company unit gets order worth Rs 1.27 billion (Positive)

MSTC: Company unit ferro scrap nigam to be sold to listed Japanese cos konoike transport co. Ltd for Rs 320 crore (Positive)

CESC: Company announces the incorporation of three wholly-owned subsidiary to focus on the renewable power sector. (Positive)

Whirlpool: Board approves acquisition of further 9.56% in arm Elica PB for Rs 167 crore post acquisition. (Positive)

Sandur Manganese: Company received consent from the Karnataka State Pollution Control Board to increase Manganese Ore production from 0.43 MTPA to 0.55 MTPA. (Positive)

Thomas Cook: Company opened a new franchise outlet in Chromepet, Chennai, expanding its network to 9 locations in the city and 15 across Tamil Nadu (Positive)

Indian Overseas Bank: Public sector bank said it has received an order from the Income Tax Department under Section 250 of the Income Tax Act, 1961, confirming a refund of ₹123.87 crore (Positive)

Axis Bank: SEBI bars Axis Capital from merchant banking in debt segment (Neutral)

Jyothy Labs: Company signed purchase agreement with smartwash solutions for acquiring its brand QUICLO, entity being acquired is in laundry service sector (Neutral)

Pix Transmissions: Company announced the completion of Independent Director Mr. Nigel Savio Lobo’s second and final term of 5 years, effective September 19, 2024 (Neutral)

Tata Communications: Company has issued and allotted Commercial Paper aggregating to an amount of Rs 250 crores (Neutral)

D&H India: Company announced the resignation of Independent Director, Balraj Kishor Namdeo, and effective September 19, 2024. (Neutral)

Shriram Finance: Company in its meeting held on 19th Sep 2024, approved and allotted subordinated, unsecured, rated, listed, redeemable, taxable ncd’s, issue size of Rs 150 cr (Neutral)

Kirloskar Brothers: Company along with Kolhapur steel entered into shareholders agreement for acquisition of 26% of share capital of sunsure solarpark nineteen, deal for Rs 50 Million. (Neutral)

Balkrishna Industries: Company has completed the CAPEX for 30,000 MTPA of high value of advanced carbon material and commissioned the plant (Neutral)

GE T&D India: Company to exercise the oversubscription option in offer for sale, offer size will be up to 40 million shares of equity shares (Neutral)

NTPC: Board has granted investment approval for two major thermal power projects with a combined investment of ₹20,921.85 crore (Neutral)

Tata Power: Company discloses litigation with Adaro International in arbitration over coal supply agreement (Neutral)

Unitech Limited: Company acquires additional equity in wholly-owned subsidiary Unitech Holdings for Rs 15 Crore (Neutral)

Suven Pharmaceuticals: Company announced the resignation of Vaidheesh Annaswamy as Executive Chairman and Director, effective September 19, 2024. (Negative)

(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)

(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)