Markets to open higher; GIFT NIFTY signals rebound after 102-pt dip - ARETE Securities Ltd
The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 102 points lower at 22,929 on Friday.
Aarti Drugs:
The company has been removed from US FDA Import Alert 66-40, allowing exports of key APIs to the US market.
Akums Drugs and Pharmaceuticals:
The company received a patent for a Benzalkonium Chloride-Free Brinzolamide Ophthalmic Formulation, improving glaucoma treatment in India.
Bajaj Consumer Care:
The company approved acquiring 100% stake in Vishal Personal Care for RS 120 crore in two tranches, making it a wholly-owned subsidiary.
Bajaj Steel Industries:
The company incorporated wholly owned subsidiaries Bajaj Continental LTDA & Bajaj Services LTDA in Brazil to expand its engineering products business in South America.
Bondada Engineering:
The company’s subsidiary Bondada Ecobuild opened a new AAC Blocks plant in Telangana, expanding total capacity to 2,00,000 CM per annum across Andhra Pradesh, Telangana & Maharashtra.
BPCL:
The company signed an MoU with National Sugar Institute for bioethanol research, agreed to purchase propane & butane from Equinor India, and partnered with Eco Wave Power for wave energy projects.
Fortis Healthcare:
The company’s subsidiary Fortis Hospotel to acquire Shrimann Superspecialty Hospital, Jalandhar, for RS 462 crore, expanding its Punjab network to 450+ beds.
MedPlus Health Services:
The company’s subsidiary Optival Health Solutions faced drug license suspensions for two Karnataka stores, causing a revenue loss of RS 1.20 lakh.
One 97 Communications:
The company’s subsidiary Paytm Cloud Technologies completed a $1 million (RS 8.7 crore) investment for a 25% stake in Seven Technology LLC, Delaware.
Oriental Rail Infrastructure:
The company’s subsidiary Oriental Foundry partners with Hum Industrial Technology, USA, for exclusive distribution of rail car condition monitoring sensors in India.
PCBL Chemical:
The company signed a technology transfer deal with Ningxia Jinhua to set up India's first Acetylene Black plant, expanding its specialty portfolio.
Tata Steel:
The company approved RS 3,000 crore NCDs (AAA/AA+) via private placement on BSE WDM with annual interest and bullet repayment in 2030.
Techknowgreen Solutions:
The company secured a RS 49 million working capital overdraft and a RS 26 million corporate rupee loan from ICICI Bank, backed by Pune properties.
Zen Technologies:
The company acquired 51% in Vector Technics and 45.33% in Bhairav Robotics, expanding into UAV propulsion, robotics, and aerospace components.
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