Top-Stocks
  • JSW Steel: Approves formation of a joint venture for a land development project in Mumbai. Group entities Peddar Realty and JSW Realty will together hold a 51% stake in the JV.

  • Adani Enterprises: Completes acquisition of an additional stake in Flight Simulation Technique Centre (FSTC), raising its effective shareholding to 72.8%.

  • Torrent Pharmaceuticals: The US FDA concludes its inspection at the Dahej manufacturing facility with zero observations following the Jan 19–23 audit.

  • Varun Beverages: SEBI issues a warning letter related to the termination of the SBC Tanzania and SBC Beverages acquisition agreement. The company expects no financial impact.

  • Zydus Lifesciences: The US FDA completes its inspection at the Ankleshwar unit with three observations after the Jan 19–23 review.

  • Hindustan Oil Exploration: Board appoints Jagadip Narayan Singh as Chairman for a five-year term. MD Ramasamy Jeevanandam resigns citing health and personal reasons.

  • IRB Infrastructure: Executes a project implementation agreement with IRB InvIT Fund and will serve as project manager for the VM7 project.

  • Urban Company: Board approves a partnership with Amber Enterprises for manufacturing and supply of products under the “Native” brand.

  • Kesar India: Acquires a 9.1-hectare land parcel in Nagpur with an estimated revenue potential of nearly ₹200 crore.

  • ICICI Lombard: Clarifies that the incident was inadvertent with no malafide intent; appropriate action has been taken against the concerned individual.

  • Schneider Electric: Clarifies that reports of a ₹623-crore expansion relate to Schneider Electric India, a separate entity within the Schneider Group.

  • Torrent Pharmaceuticals: Acquires 37.8 lakh shares (2.36% stake) in JB Chemicals, increasing its total shareholding to 48.75%.

  • MCX: Its subsidiary deposits ₹50 lakh into the Core Settlement Guarantee Fund of MCXCCL as a financial disincentive following another technical glitch.

  • Indian Overseas Bank: Raises ₹1,000 crore through bond issuance at a 7.80% coupon. The issue, including a ₹500-crore base and ₹500-crore green shoe option, receives bids worth ₹3,264 crore, oversubscribing the base issue 6.52 times.

  • HeidelbergCement: Declared the preferred bidder for two limestone mining leases in Madhya Pradesh, spanning 700 hectares with combined reserves of approximately 167 million tonnes.

  • Paytm: Clarifies it has recognised ₹128 crore as RBI incentive in line with guidelines. No extension has been announced; the company plans to offset any future impact through higher revenues and focused sales efforts.

  • Aadhar Housing Finance: Blackstone affiliates announce an open offer to acquire a 25.82% stake at ₹469.97 per share, with the total offer size up to ₹5,366 crore.

  • Jayaswal Neco Industries: Signs an MoU with the Maharashtra government for setting up a 2 MTPA steel plant involving a proposed investment of ₹12,262 crore.

  • Tega Industries: Subsidiary Tega HoldCo to invest $394 million in Tega MC JV Holdings, while Apollo HoldCo plans an investment of $74.1 million.

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This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.

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