Stock Market Live Updates 19 August 2024: Sensex and Nifty open higher amid mixed global cues; US recession fears recede
Caplin Point Labs: Injectibles plant in TN receives 0 observations from Brazil’s ANVISA
DCX Systems: Receives Rs 107 cr order from Domestic & Overseas Customers
Oil upstream stocks: Windfall Tax on crude cut to ₹2,100 from ₹4,600/tonne w.e.f. August 17
TMB: RBI approves appointment of Salee Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank for 3 years.
Tejas Networks: Arm receives Rs 96cr order for satellite equipment from NewSpace India (CPSE)
Yes Bank: Sumit Bali to join Yes Bank as Country Head, Retail Assets & Collection.
KPI Green Energy: Morgan Stanley took allocation at 935/-
Escorts Kubota: Company investment intent submitted to Uttar Pradesh government to acquire land, Company land intended to set up integrated Greenfield manufacturing facility.
Great Eastern Shipping: Company took delivery of a 2013 built medium range product tanker, Company had contracted to buy vessel in Q1FY25.
ACE: Company has been awarded with order for supply of 285 numbers for special forklifts and 6 numbers of rough terrain cranes with 30 tonne lifting capacity from ministry of defense.
Vivanta Industries: Company got order worth Rs 260 Million for procurement of medicines, machines & technology
Techno Electric: Company partners with IndiGrid for developing Greenfield transmission projects
TVS Motor: CEO says to expand electric 2W sales in both developing, developed markets
Jubilant Pharmova: Company’s unit, Jubilant Biosys to add drug discovery & preclinical development capabilities.
Samvardhana Motherson: Company has incorporated unit Motherson international ltd, Abu Dhabi, unit being acquired belongs manufacturing, assembling and related activities
TCNS Clothings: NCLT approved merger of TCNS Clothing into ABFRL
Urja global: Company announces pre-launch of high-speed electric scooter “Chetna” with homologation certificate and RTO registration
Bata: MD & CEO says consumption to revive in coming quarters, e-commerce to drive growth
GMR Airports: July Passenger Traffic Up 7.7% YoY At 1.06 Cr
Piramal Enterprises: Company’s promoter group acquires 0.27% stake in company.
KPI Green: Morgan Stanley, BoFa Securities participate in QIP
*Five Star Business:*Promoters and KMP to participate in Rs 32cr via pref issue
Kalpataru: JV received two arbitration awards in its favour against National Highways Authority of India
Soan Coms: Received certification for another Product i.e. Hub Wheel Motor for electric two wheelers under the Production-Linked Incentive (“PLI”) Scheme
Brigade: Company and Accor Launch ibis Styles Mysuru, their fourth hotel.
Mphasis: Appoints Aravind Viswanathan as the CFO of the company with immediate effect
Fedbank Fin: Board Meeting to be held on 22-Aug-2024 to consider Fund raising.
Hindustan Zinc: Promoter Vedanta to exercise oversubscription option in offer for sale
L&T Finance: Transitions to NBFC-ICC following subsidiary merger
SBI/PNB: Karnataka govt puts circular prohibiting all dealings with SBI, PNB on hold for 15 days
BSE: Company to pay differential regulatory fee directed by SEBI of Rs 1.67 Billion vs provision of Rs. 1.7 Billion.
Saurashtra cement: Company stoppage of kiln at Sidheegram plant would continue for another 10 days; stoppage of KILN on account of high clinker inventory.
SBI Life: Company in pact with Paralympic Committee of India as Gold Sponsor for Paris 2024 Paralympic Games
SBI: Bank hikes marginal cost of funds-based lending rate by 10 basis points
Kolte Patil: CFO Khiroda Jena resigns
REC: Company incorporates new subsidiary for Rajasthan Power Transmission Project
HDFC Life: Company gets tax demand worth Rs 112 crore including interest & penalty from Chandigarh Tax Authority.
Allsec Technologies: Gaurav Mehra resigns from the post of CFO and key managerial person of Allsec Technologies
Mahindra & Mahindra: Company unveils five-door Thar at a starting price of Rs 12.99 lakh.
MTNL: Company approves service pact with BSNL for 10 years.
GHCL: Annual maintenance activities of Boiler at Company’s Soda Ash plant is scheduled to take place from September 16, 2024 for a period of two weeks.
BSE: To pay the differential regulatory fee as directed by the SEBI, payment would lead to a total outflow of approx. ₹ 167.33cr
Vodafone: Company in November announce strategic partnership with Accenture to commercialize Vodafone’s Shared Operations.
Polyplex Corp: Board approves re-appointment of Pranay Kothari as whole-time director for 3 years
SpiceJet: Company is currently raising Rs 3,000 crore via qualified institutional placement.
Uno Minda: Company appoints Ramesh KS as CEO for ECS-2 Domain w.e.f. August 17, 2024.
Electronic Marts: Promoters sell Rs 689cr stake (7.8% stake)-Buyers Norway’s Govt Pension Fund Global+ SBI MF
BPCL Chairman: Plans to invest `1.7 lk cr over next 5 yrs to expand core biz, new energy foray
Sportking: Fixes Sept. 13 as record date for share split (1:10)
Steel companies: Steel prices in India have fallen to a three-year low
Maruti: Q2 PAT to be impacted by Rs 850cr due to removal of indexation benefit on debt funds
