chairman Nitin Paranjpe said India is going through the most difficult economic situation and inflationary pressures are beginning to weigh on demand.
ONGC: The overseas investment arm of state-owned ONGC has made an oil discovery in a block in Colombia. The discovery was made in the recently drilled well, Urraca-1X, in CPO-5 block, Llanos Basin, Colombia.
Tata Power: The company has kicked off an ambitious nation-wide plan of setting up electric vehicle (EV) charging stations from North to South, connecting Kashmir to Kanyakumari and from East to West, from Guwahati to Dwarka and Bikaner over next the next 3-5 years.
Dr Reddy’s Laboratories: The drug maker said it aims to be among the top five drugmakers in India, largely driven by mergers and acquisitions (M&A) of brands, companies and in-licensing deals targeting chronic categories, along with broadening of nutraceutical and over-the-counter (OTC) portfolios.
Hero MotoCorp: Two-wheeler maker
said it will hike prices of motorcycles and scooters by up to Rs 3,000 from July 1 to partially offset the steadily growing overall cost inflation, including commodity prices.
Vodafone Idea: Debt-ridden telecom operator will seek shareholders’ nod to raise Rs 436 crore from its promoter group Vodafone in an extraordinary general meeting to be held on July 15, the company said in a regulatory filing on Thursday.
Thermax: First Energy Private (FEPL), wholly owned subsidiary of the company has acquired two companies Jalansar Wind Energy and Jalansar Wind Energy.
Vedanta: Electronics manufacturing services company Foxconn chairman Young Liu on Thursday met
Group’s managing director Akarsh Hebbar to discuss the roadmap of their proposed electronic chip manufacturing plant and its location.
Dish TV: A division bench of the Bombay High Court on Thursday dismissed the petition filed by
‘s promoter group firm, seeking to restrain from voting at the DTH operator’s extraordinary general meeting.
ADF Foods: Capital markets regulator Sebi imposed a fine of Rs 40 lakh on
‘ promoters Bhavesh Thakkar and Priyanka Thakkar and four others in a case related to insider trading.
Ashiana Housing: The Delhi-based listed real estate developer has formed a joint venture with Pune-based Lohia Jain Group for a premium residential project on 11.33 acre land with the investment of Rs 300 crore, Ankur Gupta, JMD,
Delta Corp: Delta Corp,
, Sun TV and are a few stocks under the F&O ban for Friday, June 24. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 per cent of the market-wide position limit.
Hindusthan National Glass: The promoter of Mumbai-listed company has proposed Rs 1,380 crore in cash and 10 per cent by way of equity to lenders as a settlement in a last-ditch attempt to exit bankruptcy proceedings, two people aware of the development told ET.