Key Positives
- Fino Payments Bank receives RBI in-principle approval to convert into a Small Finance Bank.
- Biocon to merge its biologics unit in a $5.5 billion transaction.
- Ashoka Buildcon, Cochin Shipyard, MTAR Tech, HFCL, Zen Tech report major order wins.
- Dabur India, IOL Chemical & Pharma, India Pesticides secure regulatory approvals.
- Eternal: Block deal likely.
- Greenply, Gateway Distriparks, Usha Martin: Promoter buying reported.
- CEAT to raise Rs.250 crore via NCDs.
- Dynamatic Technologies signs agreement with Dassault Aviation.
- Railtel appointed by MEA as project-implementing agency.
- NBCC sells 175 Noida units via e-auction for Rs.485 crore.
- Bansal Wire: FY22 GST demand reduced to Rs.92.90 lakh from Rs.99.62 crore.
- Ola Electric begins mass deliveries of 4,680 Bharat Cell–powered vehicles.
- Cochin Shipyard signs new shipbuilding contracts with Svitzer.
Negatives
- Thirumalai Chemical: Extended Maleic Anhydride outage to significantly impact revenue.
- NewGen Software: Kuwait-based entity withdraws its tender.
- UNO Minda terminates JV with its German partner.
- Aditya Vision: Fire at Bihar warehouse; operations temporarily disrupted.
- Pine + Lenskart, Scoda Tubes: Anchor lock-in exit.
- Travel Food Services: CBI files FIR alleging irregularities in 2012–13 Chennai & Kolkata airport F&B tenders.
Leave A Comment