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Stocks to Watch: Tata Consumer, NTPC, RVNL, GMR Airports, Havells, SKF

Equity benchmark indices are seeking to begin the brand new week with a downtrend amid the continuing banking disaster withinside the US and Europe. As indicated through the SGX Nifty, which changed into quoting at 17,084 levels, the Nifty index may also open round eighty factors lower.

Globally, americaA fairness futures edged better this morning after the UBS Group took over bothered lender Credit Suisse for $three billion to calm economic markets. Dow Jones Futures, the S&P 500 Futures, and NASDAQ Futures climbed as much as 0.6 in keeping with cent.

Asia-Pacific markets, however, fell today, with Nikkei 225, the S&P two hundred, Kospi, Topix, Hang Seng indices reducing as much as 0.eight in keeping with cent.

Tata Consumer Products: The business enterprise ceased negotiations with Bisleri for a ability acquisition. It stated no definitive settlement or binding dedication has been signed in this matter.

NTPC: The Cabinet Committee on Economic Affairs has allowed NTPC to make investments past the prescribed (as much as 30 in keeping with cent of its internet really well worth) restriction in NTPC Green Energy.

HDFC: The RBI imposed a financial penalty of Rs five lakh at the business enterprise as a result of positive regulatory violations. The business enterprise stated it's going to take vital steps to conform with the order.

Rail Vikas Nigam: The business enterprise changed into decided on as the bottom bidder for a composite bundle of 4 contracts associated with the brand new huge gauge railway line of Haryana Orbital Rail Corporation mission, collectively really well worth Rs 1,088.forty nine crore.

GMR Airports: AĆ©roports de Paris and GMR Airports Infrastructure Ltd agreed to fold their joint-undertaking business enterprise into GMR, giving ADP a liquid stake in a commercial enterprise that owns airfields in India. READ

The business enterprise can even improve Rs 2,900 crore thru overseas foreign money convertible bonds.

Navin Fluorine International: Navin Fluorine Advanced Sciences, an entirely owned subsidiary of the business enterprise, will installation a brand new 40,000 tonnes in keeping with annum hydrofluoric acid ability at Dahej at a value of Rs 450 crore.

Havells India: The business enterprise commenced industrial manufacturing of air conditioners at its facility in Sri City, placed in Chittor district of Andhra Pradesh.

Garware Technical Fibres: The business enterprise entered an settlement with TP Bhaskar Renewables to gather and/or join 26 in keeping with cent of the latter for Rs four.five crore.

Adani Transmission: The business enterprise included an entirely owned subsidiary, Adani Electricity Nashik, to use for parallel distribution licence in Nashik area.

SKF India: The business enterprise obtained 26 in keeping with cent stake in Cleanmax Taiyo through obtaining 2,six hundred stocks of face price Rs 10 every. The acquisition is supposed to lessen electricity charges and greenhouse fueloline emissions, and supply renewable electricity.

Torrent Pharmaceuticals: The US FDA issued one statement with Form 483 after the pre-approval inspection of the business enterprise`s oral-oncology production facility at Bileshwarpura, Gujarat from March thirteen to March 17.

Deep Industries: The board has accepted inventory cut up of each 1 stocks into 2 fairness stocks.

SJVN: The business enterprise has received an order for a two hundred MW sun mission from Maharashtra State Electricity Distribution Company. The mission value is Rs 1,000 crore.

Sumitomo Chemicals: The Gujarat Pollution Control Board has revoked closure order for manufacturing on the business enterprise`s Bhavnagar site. Hence, the plant is now allowed to renew operations.

Godavari Power and Ispat: The board accepted Rs 250 crore percentage buyback thru smooth provide route. This can be a purchase again of fifty lakh stocks (three.sixty six in keeping with cent fairness) at Rs 500/percentage.

Cochin Shipyard: The Company received a Rs 550 crore order for 0 emission feeder box vessels from Samskip Group.

Morepen Lab: The business enterprise has included an entirely owned subsidiary withinside the call of “Morepen Rx Ltd”.

Kenvi Jewels: The board has accepted for inventory cut up of business enterprise's 1 fairness percentage of face price of Rs. 10 every into 10 fairness stocks of face price of Rs 1 every, along side the issuance of bonus trouble of fairness stocks in share of one fairness percentage for each four fairness stocks.

Jindal Poly Films: The business enterprise has efficaciously commissioned the ability enlargement mission at its worldwide non-woven department at Nashik Plant from present 36,000 MT to 58,000 MT.

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