STOCKS IN ACTION 8 June

STOCKS IN ACTION 8 June

Punjab & Sind Bank board to consider raising upto Rs 750 cr via Bonds in one or more tranches on June 12

Titagarh Wagons: Board to consider raising funds via QIP/Rights Issue on June 10

Bank Stocks: To be in focus ahead of the Monetary Policy Committee decision on policy repo rate. MPC is likely to continue its status quo on the key lending rate at its second meeting in the new fiscal, amidst easing inflation and resilient growth.

Zydus Life gets USFDA approval for Tadalafil tablets, which are used to treat Pulmonary Arterial Hypertension & improve exercise capacity in both men & women

Mazagon Dock Shipbuilders: Thyssenkrupp, Co Sign Submarine MoU 

Thyssenkrupp, Mazagon Intend To Build Submarines In India

Lemon Tree Hotels signs licence agmt for a 60-room property in Rajamundry, Andhra Pradesh; the hotel is expected to be operational by Q3 of FY25

Sula Vineyards identifies new CFO, who will come on board in August

Company launches three new luxury lakeside villas in Nashik 

Tata Elxsi launches InnovationHub & nearshore engineering centre in Troy, Michigan

Tata Elxsi partners with ISRO to enable the upcoming GaganyaanMission

Tata Elxsi to design & develop Crew Module Recovery Models (CMRM) for recovery team training of the space mission

Hatsun Agro to consider sale of its windmill division by way of transfer of assets & liabilities on July 5, 2023

Wipro & Cisco launches managed private 5G-as-a-Service solution

Gati: Total volume, including surface and air express, rose 8% sequentially in May. It rose 1% from the year ago period. Company said volumes in May continued to show an improving trend owing to an uptick in preparations for the upcoming festive season starting in the last week of May. This is expected to continue over the coming months. 

Aether Industries: Company signed a Letter of Intent with U.S. based oil field services company for strategic supplier and contract manufacturing partnership. The letter specifies four strategic products that will be supplied to the global energy and oil and gas locations of the U.S. based company, including a significant supply within India.  

Nelco invests in Piscis Networks to bolster its portfolio of Satellite Communication Solutions

Adani Enterprises: Spokesperson Says Adani Group To Go Slow On Dealmaking As High Global Cost Of Capital Weighs 

Says Adani Group To Focus On Completion Of Existing Projects

Haldyn Glass: Says One Of The Furnace At Plant Located At Vadodara Will Remain Shut For A Period Of 90 Days To Undertake Relining

Operation At Second Furnace Will Continue As Usual

Life Insurance Corp: Company increased stake in Tech Mahindra by 2%,  from 6.87% to 8.89%. The holding increased at an average cost of Rs 1,050.77. 

Stove Kraft: Chief Financial Officer Balaji A S has resigned from the company citing personal reasons. The company is in the process of hiring a professional for the position of chief financial officer.     

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