👉🏿YouTube just banned supremacist content, and thousands of channels are about to be removed
👉🏿Google launches Android Q Beta 4 with final APIs and official SDK
👉🏿iOS 13 will let you automatically block spam calls and unknown numbers
👉🏿Amazon debuts Alexa Conversations for seamless multi-turn interactions
👉🏿Netflix is testing ways to make finding new movies and TV shows to watch more fun, using its mobile app
👉🏿Google Maps rolling out live speedometer feature in US, EU
#tech #news #AlliesFin
👉🏿Google launches Android Q Beta 4 with final APIs and official SDK
👉🏿iOS 13 will let you automatically block spam calls and unknown numbers
👉🏿Amazon debuts Alexa Conversations for seamless multi-turn interactions
👉🏿Netflix is testing ways to make finding new movies and TV shows to watch more fun, using its mobile app
👉🏿Google Maps rolling out live speedometer feature in US, EU
#tech #news #AlliesFin
👉🏿India to require ridesharing services like Uber to electrify 40% of fleet by 2026
👉🏿Google acquires Looker for $2.6 billion to add its business intelligence software to Google Cloud
👉🏿Google’s Ambitious Video Game Streaming Service Arrives in November
👉🏿Google Maps can now tell you your speed in real time
👉🏿Robocalls can now get blocked by your carrier by default
👉🏿Google’s Stadia has 31 confirmed games, including Baldur’s Gate III
👉🏿Uber Is Launching an On-Demand Helicopter Service
👉🏿Microsoft Quietly Deletes Massive Facial Recognition Database
👉🏿Apple Is Reportedly Getting Rid of Its 3D Touch Feature
#tech #news #AlliesFin
👉🏿Google acquires Looker for $2.6 billion to add its business intelligence software to Google Cloud
👉🏿Google’s Ambitious Video Game Streaming Service Arrives in November
👉🏿Google Maps can now tell you your speed in real time
👉🏿Robocalls can now get blocked by your carrier by default
👉🏿Google’s Stadia has 31 confirmed games, including Baldur’s Gate III
👉🏿Uber Is Launching an On-Demand Helicopter Service
👉🏿Microsoft Quietly Deletes Massive Facial Recognition Database
👉🏿Apple Is Reportedly Getting Rid of Its 3D Touch Feature
#tech #news #AlliesFin
MF activity in january 2020
@ALLIESFIN
MFs continues to see fresh inflows to the tune of INR 79 bn in Jan month (5 month high)
SIP Flows stands at INR 85.32 bn (All-time high)
Equity AUM stands at INR 7,896 bn (up 2.5%) with inflows seen in Midcap (INR 18 bn), Multi cap (INR 17 bn), Focused (INR 13.1 bn) and Large cap (INR 11.5bn) schemes.
Major additions seen in BHARTI, IOCL, ICICIBC, HDFCB & MSIL.
Funds also added POWF, ONGC and UNSP.
Major reductions were seen in RIL, TCS and BAF.
Aditya Birla SL MFs major additions were BHARTI (INR 6.88 bn), FORH (INR 1.27 bn) and NTPC (INR 1.27 bn). It's major reductions were RIL (INR 6.8 bn), NMDC (INR 2.48 bn) and DRRD (INR 2.07 bn). CARE and SAIL were new entrants while UJJIVANS was a complete exit.
Axis MFs key additions were BHARTI (INR 3.82 bn), INFO (INR 2.51 bn) and MSIL (INR 2.34 bn). Its major reductions were RIL (INR 4.02 bn), TCS (INR 2.47 bn) and KNPL (INR 0.76 bn). New entrants included TRCL and NARH while KNPL was a complete exit.
DSP MFs key additions were KEII (INR 1.74 bn), ALPM (INR 1.44 bn) and BHARTI (INR1.07 bn). It's major sell included HPCL (INR 1.59 bn), AAVAS (INR 1.38 bn) and IIB (INR 1.29 bn). KEII and CIFC were new entrants while complete exit included AAVAS.
Franklin Templeton MFs key additions were SBIN (INR 1.06 bn), IOCL (INR 0.94 bn) and UNSP (INR 0.87 bn). It reduced exposure in PLNG (INR 1.73 bn), KKC (INR 1.35 bn) and JUBI ( INR 1.07 bn). New entries included QUESS and TTKPT while JUBI was a complete exit.
HDFC MFs large additions were COAL (INR 3.9 bn), NTPC (INR 2.49 bn) and POWF (INR 2.15 bn). It's major reductions were RIL (INR 10.98 bn), TCS (INR 5.21 bn) and HDFCB (INR4.31bn). LOG and RDCK were new entrants while ENIL was a complete exit.
ICICI Pru MFs major additions were HDFCB (INR 9.04 bn), BHARTI (INR 7.7 bn) and IOCL (INR 4.18 bn). It reduced INFO (INR 6.53 bn), RIL (INR 3.5 bn) and SBILIFE (INR 2.08 bn). SEML & ARTO were new entrants while SIP Tech & Exports was a complete exit.
** Nippon India MFs prominent additions were LT (INR 3.63 bn), UNSP (INR 2.75 bn) and POWF (INR 2.5 bn). It's major reductions were INFO (INR 3.36 bn), SBIN (INR 1.76 bn) and FMGI (INR 1.45 bn). New entrants included VSTT and UJJIVAN while FMGI was a complete exit. JOIN T.ME/ALLIESFIN FOR #MARKET #NEWS #UPDATES
@ALLIESFIN
MFs continues to see fresh inflows to the tune of INR 79 bn in Jan month (5 month high)
SIP Flows stands at INR 85.32 bn (All-time high)
Equity AUM stands at INR 7,896 bn (up 2.5%) with inflows seen in Midcap (INR 18 bn), Multi cap (INR 17 bn), Focused (INR 13.1 bn) and Large cap (INR 11.5bn) schemes.
Major additions seen in BHARTI, IOCL, ICICIBC, HDFCB & MSIL.
Funds also added POWF, ONGC and UNSP.
Major reductions were seen in RIL, TCS and BAF.
Aditya Birla SL MFs major additions were BHARTI (INR 6.88 bn), FORH (INR 1.27 bn) and NTPC (INR 1.27 bn). It's major reductions were RIL (INR 6.8 bn), NMDC (INR 2.48 bn) and DRRD (INR 2.07 bn). CARE and SAIL were new entrants while UJJIVANS was a complete exit.
Axis MFs key additions were BHARTI (INR 3.82 bn), INFO (INR 2.51 bn) and MSIL (INR 2.34 bn). Its major reductions were RIL (INR 4.02 bn), TCS (INR 2.47 bn) and KNPL (INR 0.76 bn). New entrants included TRCL and NARH while KNPL was a complete exit.
DSP MFs key additions were KEII (INR 1.74 bn), ALPM (INR 1.44 bn) and BHARTI (INR1.07 bn). It's major sell included HPCL (INR 1.59 bn), AAVAS (INR 1.38 bn) and IIB (INR 1.29 bn). KEII and CIFC were new entrants while complete exit included AAVAS.
Franklin Templeton MFs key additions were SBIN (INR 1.06 bn), IOCL (INR 0.94 bn) and UNSP (INR 0.87 bn). It reduced exposure in PLNG (INR 1.73 bn), KKC (INR 1.35 bn) and JUBI ( INR 1.07 bn). New entries included QUESS and TTKPT while JUBI was a complete exit.
HDFC MFs large additions were COAL (INR 3.9 bn), NTPC (INR 2.49 bn) and POWF (INR 2.15 bn). It's major reductions were RIL (INR 10.98 bn), TCS (INR 5.21 bn) and HDFCB (INR4.31bn). LOG and RDCK were new entrants while ENIL was a complete exit.
ICICI Pru MFs major additions were HDFCB (INR 9.04 bn), BHARTI (INR 7.7 bn) and IOCL (INR 4.18 bn). It reduced INFO (INR 6.53 bn), RIL (INR 3.5 bn) and SBILIFE (INR 2.08 bn). SEML & ARTO were new entrants while SIP Tech & Exports was a complete exit.
** Nippon India MFs prominent additions were LT (INR 3.63 bn), UNSP (INR 2.75 bn) and POWF (INR 2.5 bn). It's major reductions were INFO (INR 3.36 bn), SBIN (INR 1.76 bn) and FMGI (INR 1.45 bn). New entrants included VSTT and UJJIVAN while FMGI was a complete exit. JOIN T.ME/ALLIESFIN FOR #MARKET #NEWS #UPDATES
Tatas Win Contract To Build New Parliament Building For Rs 861.9 Crore
https://www.ndtv.com/india-news/tatas-win-contract-to-build-new-parliament-building-for-rs-861-9-crore-2296413
#tata #parliament #alliesfin #news #winning #contract #bharat #india #skills
https://www.ndtv.com/india-news/tatas-win-contract-to-build-new-parliament-building-for-rs-861-9-crore-2296413
#tata #parliament #alliesfin #news #winning #contract #bharat #india #skills
NDTV.com
Tatas Win Contract To Build New Parliament Building For Rs 861.9 Crore
The new parliament building will be constructed by Tata Projects Limited at a cost of Rs 861.90 crore, officials said.
Biggest steel cos in World
#TATASTEEL TO MERGE 4 COMPANY'S ( #TINPLATE / #TATASTEELBSL / #TATAMETALIK / #TATASPONGE ).
Show me the #Charts,
We will tell you the #News ...
Charts hinted well in advance, did you notice 😃 #alliesfin
#TATASTEEL TO MERGE 4 COMPANY'S ( #TINPLATE / #TATASTEELBSL / #TATAMETALIK / #TATASPONGE ).
Show me the #Charts,
We will tell you the #News ...
Charts hinted well in advance, did you notice 😃 #alliesfin
#India Daybook #Stocks in #News
*APL Apollo:* Cons PAT at Rs 169 cr Vs Rs 128 cr, Cons revenue at Rs 4,327 cr Vs Rs 3,230 cr YoY (Positive)
*Clean:* Cons PAT at Rs 83.7 cr Vs Rs 57.9 cr, Cons revenue at Rs 237.3 cr Vs Rs 180.8 cr YoY (Positive)
*Bharti Airtel:* Airtel Africa Revenue at $1,350 mn Vs $1,308 mn, up 3.2% QoQ -PAT at $192 mn Vs $133 mn, up 44% QoQ (Positive)
*Aptus Value:* PAT at Rs 106 cr Vs Rs 84.5 cr, Revenue at Rs 245 cr vs Rs 175 cr YoY (Positive)
*Aavas:* PAT at Rs 107 cr vs Rs 89 cr YoY, Revenue at Rs 411 cr vs Rs 343 cr YoY (Positive)
*Apollo Tyre:* Cons PAT at Rs 292 cr Vs Rs 223 cr, Cons revenue at Rs 6,422.7 cr Vs Rs 5,707.4 cr YoY (Positive)
*Gulf Oil:* PAT at Rs 63 cr Vs Rs 52 cr, Revenue at Rs 781 cr Vs Rs 720 cr QoQ (Positive)
*Thomas Cook:* Net profit of Rs 18.5 cr vs loss of Rs 23.3 cr, Revenue at Rs 1,536.3 cr vs Rs 748.1 cr (YoY) (Positive)
*KTK Bank:* Net profit at Rs 300.7 cr vs Rs 146.6 cr, NII up 34.1% at Rs 834.8 cr vs Rs 622.7 cr (YoY) (Positive)
*Railway stocks:* Railways: Revenue up 73% to Rs 54,733 cr in passenger segment in April 2022 to January 2023 Period Vs Rs 31634 cr a YoY (Positive)
*MGL:* Net profit at Rs 172.1 cr Vs poll of Rs 137 cr, Margin at 15.3% % Vs poll of 14.2% (Positive)
*Man Infra:* Net profit at ₹90.6 cr vs ₹40 cr, Revenue up 54.1% at ₹457 cr vs ₹296.5 cr (YoY) (Positive)
*SBI Life:* The APE product mix is well diversified -Budget announcement impact insignificant. (Positive)
*Inox Green:* Company to buy 51% in I-Fox Windtechnik (Positive)
*Likhitha Infra:* bags an order worth Rs 129.6 cr from GAIL (Positive)
*Tata Consumer:* Cons PAT at Rs 369 cr vs poll of Rs 270 cr, Cons revenue at Rs 3,474 cr poll of Rs 3,429 cr (Neutral)
*Berger Paints:* Cons PAT at Rs 201.2 cr Vs Rs 253 cr, Cons revenue at Rs 2,694 cr Vs Rs 2,551 cr YoY (Neutral)
*SIS:* Cons PAT at Rs 103 cr Vs Rs 101 cr, Cons revenue at Rs 2,904 cr Vs Rs 2,601 cr YoY (Neutral)
*Sheela Foam:* Cons PAT at Rs 61 cr Vs Rs 67 cr, Cons revenue at Rs 817 cr Vs Rs 883 cr YoY (Neutral)
*Mahindra Life:* Net Profit at Rs 34.1 cr vs Rs 24.9 cr, Revenue at Rs 187 cr vs Rs 24.3 cr (YoY) (Neutral)
*Timex Group:* Net loss of Rs 6.7 cr vs loss of Rs 5.1 cr, Revenue up 29.6% at Rs 84.6 cr vs Rs 65.3 Cr (YoY). (Neutral)
*E Clerx:* Net profit up 23.1% at ₹131.1 cr vs ₹106.5 cr, Revenue up 22.8% at ₹686.6 cr vs ₹559.1 cr (YoY) (Neutral)
*HDFC AMC:* The Sebi has given an approval and permitted abrdn Investment Management to reduce its shareholding in HDFC AMC to less than 10 percent (Neutral)
*GMM:* Net profit down 41.3% at ₹18.7 cr vs ₹31.8 cr, Revenue up 23.4% at ₹792.3 cr vs ₹642.3 cr (YoY)) (Neutral)
*Sundaram Fast:* Profit up 8.2% At ₹117 Cr Vs ₹108.1 Cr, Revenue up 16.2% at ₹1,403 cr vs ₹1,207.5 cr (YoY) (Neutral)
*Birlasoft:* Cons loss of Rs 16.3 cr Vs PAT of Rs 115 cr, Cons revenue at Rs 1,222 cr Vs Rs 1,192 cr QoQ
*Crompton Greaves:* Net profit at Rs 85.3 cr Vs poll of Rs 115 cr, Margin at 10.1% Vs 14.3% YoY
*SHK:* Net profit down 59.9% at ₹13 cr vs ₹32.4 cr, Revenue down 3.6% at ₹384.9 cr vs ₹399.2 cr YoY.
*Sapphire Foods:* Fennel Private Limited has sold 6.29 lakh equity shares (0.99 percent stake) in Sapphire
*APL Apollo:* Cons PAT at Rs 169 cr Vs Rs 128 cr, Cons revenue at Rs 4,327 cr Vs Rs 3,230 cr YoY (Positive)
*Clean:* Cons PAT at Rs 83.7 cr Vs Rs 57.9 cr, Cons revenue at Rs 237.3 cr Vs Rs 180.8 cr YoY (Positive)
*Bharti Airtel:* Airtel Africa Revenue at $1,350 mn Vs $1,308 mn, up 3.2% QoQ -PAT at $192 mn Vs $133 mn, up 44% QoQ (Positive)
*Aptus Value:* PAT at Rs 106 cr Vs Rs 84.5 cr, Revenue at Rs 245 cr vs Rs 175 cr YoY (Positive)
*Aavas:* PAT at Rs 107 cr vs Rs 89 cr YoY, Revenue at Rs 411 cr vs Rs 343 cr YoY (Positive)
*Apollo Tyre:* Cons PAT at Rs 292 cr Vs Rs 223 cr, Cons revenue at Rs 6,422.7 cr Vs Rs 5,707.4 cr YoY (Positive)
*Gulf Oil:* PAT at Rs 63 cr Vs Rs 52 cr, Revenue at Rs 781 cr Vs Rs 720 cr QoQ (Positive)
*Thomas Cook:* Net profit of Rs 18.5 cr vs loss of Rs 23.3 cr, Revenue at Rs 1,536.3 cr vs Rs 748.1 cr (YoY) (Positive)
*KTK Bank:* Net profit at Rs 300.7 cr vs Rs 146.6 cr, NII up 34.1% at Rs 834.8 cr vs Rs 622.7 cr (YoY) (Positive)
*Railway stocks:* Railways: Revenue up 73% to Rs 54,733 cr in passenger segment in April 2022 to January 2023 Period Vs Rs 31634 cr a YoY (Positive)
*MGL:* Net profit at Rs 172.1 cr Vs poll of Rs 137 cr, Margin at 15.3% % Vs poll of 14.2% (Positive)
*Man Infra:* Net profit at ₹90.6 cr vs ₹40 cr, Revenue up 54.1% at ₹457 cr vs ₹296.5 cr (YoY) (Positive)
*SBI Life:* The APE product mix is well diversified -Budget announcement impact insignificant. (Positive)
*Inox Green:* Company to buy 51% in I-Fox Windtechnik (Positive)
*Likhitha Infra:* bags an order worth Rs 129.6 cr from GAIL (Positive)
*Tata Consumer:* Cons PAT at Rs 369 cr vs poll of Rs 270 cr, Cons revenue at Rs 3,474 cr poll of Rs 3,429 cr (Neutral)
*Berger Paints:* Cons PAT at Rs 201.2 cr Vs Rs 253 cr, Cons revenue at Rs 2,694 cr Vs Rs 2,551 cr YoY (Neutral)
*SIS:* Cons PAT at Rs 103 cr Vs Rs 101 cr, Cons revenue at Rs 2,904 cr Vs Rs 2,601 cr YoY (Neutral)
*Sheela Foam:* Cons PAT at Rs 61 cr Vs Rs 67 cr, Cons revenue at Rs 817 cr Vs Rs 883 cr YoY (Neutral)
*Mahindra Life:* Net Profit at Rs 34.1 cr vs Rs 24.9 cr, Revenue at Rs 187 cr vs Rs 24.3 cr (YoY) (Neutral)
*Timex Group:* Net loss of Rs 6.7 cr vs loss of Rs 5.1 cr, Revenue up 29.6% at Rs 84.6 cr vs Rs 65.3 Cr (YoY). (Neutral)
*E Clerx:* Net profit up 23.1% at ₹131.1 cr vs ₹106.5 cr, Revenue up 22.8% at ₹686.6 cr vs ₹559.1 cr (YoY) (Neutral)
*HDFC AMC:* The Sebi has given an approval and permitted abrdn Investment Management to reduce its shareholding in HDFC AMC to less than 10 percent (Neutral)
*GMM:* Net profit down 41.3% at ₹18.7 cr vs ₹31.8 cr, Revenue up 23.4% at ₹792.3 cr vs ₹642.3 cr (YoY)) (Neutral)
*Sundaram Fast:* Profit up 8.2% At ₹117 Cr Vs ₹108.1 Cr, Revenue up 16.2% at ₹1,403 cr vs ₹1,207.5 cr (YoY) (Neutral)
*Birlasoft:* Cons loss of Rs 16.3 cr Vs PAT of Rs 115 cr, Cons revenue at Rs 1,222 cr Vs Rs 1,192 cr QoQ
*Crompton Greaves:* Net profit at Rs 85.3 cr Vs poll of Rs 115 cr, Margin at 10.1% Vs 14.3% YoY
*SHK:* Net profit down 59.9% at ₹13 cr vs ₹32.4 cr, Revenue down 3.6% at ₹384.9 cr vs ₹399.2 cr YoY.
*Sapphire Foods:* Fennel Private Limited has sold 6.29 lakh equity shares (0.99 percent stake) in Sapphire
#BREAKING #NEWS !
#Debt #mutual #funds bought after #April 1st, 2023 & held for over 3 yrs, will NO longer enjoy #indexation benefit NOR will be eligible for 20% #tax rate.
Brings bank FDs on-par with debt MFs.
A big positive for banks.
Debt mutual funds bought after April 1st, 2023 & held for over 3 years, will no longer enjoy indexation benefit nor will be eligible for long term capital gain tax (20% tax rate). View: Currently, investors in debt funds pay income tax on capital gains according to their income tax slab for a holding period of three years and after that, they are taxed at the rate of 20% with indexation benefits or 10% without indexation. This amendment in the recent Finance bill 2023 brings bank FDs on-par with debt MFs. The proposal is likely to give a boost to bank fixed deposits & also pure equity funds and do away with the arbitrage between different debt instruments. The objective is to plug a tax loophole used by high net worth individuals and family offices for investments. This is positive for banks and negative for AMCs.
#Debt #mutual #funds bought after #April 1st, 2023 & held for over 3 yrs, will NO longer enjoy #indexation benefit NOR will be eligible for 20% #tax rate.
Brings bank FDs on-par with debt MFs.
A big positive for banks.
Debt mutual funds bought after April 1st, 2023 & held for over 3 years, will no longer enjoy indexation benefit nor will be eligible for long term capital gain tax (20% tax rate). View: Currently, investors in debt funds pay income tax on capital gains according to their income tax slab for a holding period of three years and after that, they are taxed at the rate of 20% with indexation benefits or 10% without indexation. This amendment in the recent Finance bill 2023 brings bank FDs on-par with debt MFs. The proposal is likely to give a boost to bank fixed deposits & also pure equity funds and do away with the arbitrage between different debt instruments. The objective is to plug a tax loophole used by high net worth individuals and family offices for investments. This is positive for banks and negative for AMCs.
#BREAKING #NEWS : #STT on #Options increased by nearly 25%
As per amendments to the #Finance Bill 23, STT on the #sale of options has been hiked to ₹2,100 on a #turnover of ₹1 crore against an earlier applicable levy of ₹1,700. #alliesfin #stockmarket
As per amendments to the #Finance Bill 23, STT on the #sale of options has been hiked to ₹2,100 on a #turnover of ₹1 crore against an earlier applicable levy of ₹1,700. #alliesfin #stockmarket
Forwarded from @TechNoFunda Contributors Corner
#India Daybook #Stocks in #News
*Infosys:* Company signs deal with Aramco to develop HR technology for the Saudi oil giant.. (Positive)
*Ipca Labs:* Company to acquire 33.38% in Unichem Labs at ₹440/share aggregating to ₹1,034.1 crore. (Positive)
*Mahindra Lifespaces:* Bags society redevelopment project in suburban Mumbai having revenue potential of approx ₹850 crore (Positive)
*HDFC Bank:* Singapore's regulatory body approves HDFCBank to acquire shares in Griha Pte (Positive)
*Unichem Labs:* Ipca Labs to acquire 33.38% in Unichem Labs at ₹440/share aggregating to ₹1,034.1 crore. (Positive)
*Century Textiles Q4:* Profit rises 68.8% to Rs 145 crore, registers revenue over Rs 1,200 crore (Positive)
*Nelco:* Net profit up 88.1% at Rs 5.7 cr Vs Rs 3 cr, Revenue up 14.4% at Rs 82 cr Vs Rs 71.7 cr (YoY) (Positive)
*Welspun India:* Board to consider share buyback on April 27 (Positive)
*Poonawalla:* CRISIL has upgraded Poonawalla Fincorp's ratings for long-term debt instruments and bank facilities to 'CRISIL AAA'. (Positive)
*LTTS:* LIC has increased its shareholding in LTTS from 4.988 percent to 5.008 percent. (Neutral)
*Mahindra Logistics:* Consolidated profit at ₹0.20 cr vs ₹6.28 cr, Revenue up 16.9% at ₹1,272.5 cr vs ₹1,088.5 cr (YoY) (Neutral)
*Radico Khaitan:* Company approaches CCI alleging cartelisation by large liquor companies (Neutral)
*IndusInd Bank:* Bank re-appoint Sumant Kathpalia as MD & CEO for 2 years (Neutral)
*New India Assurance:* Appoints Smita Srivastava as General Manager & Director, effective April 17 (Neutral)
*Crompton Greaves Consumer:* Appoints Promeet Ghosh as Managing Director & CEO (Neutral)
*Persistent:* Net profit at Rs 251.5 cr versus poll of Rs 270 cr, $ Revenue up 3.9% at $274.6 m Vs $264.4 m (Neutral)
*Century Textiles Q4:* Profit rises 68.8% to Rs 145 crore, registers revenue over Rs 1,200 crore (Neutral)
*Torrent Power:* Company has incorporated a WOS namely “Torrent Urja 10 Private Limited”. (Neutral)
*TTML:* Tata Teleservices has posted a net loss of Rs 277 crore for the quarter ended March. Revenue from operations during the fourth quarter rose marginally to Rs 280 crore. (Neutral)
*ICICI Pru/Bajaj Fin:* India cracks down on Bajaj Allianz, ICICI Prudential for evading taxes since 2017
*Goyal Aluminum:* Company has reported a revenue of Rs 9 crore for the fourth quarter, which is down from Rs 19.8 crore in the December quarter
*Infosys:* Company signs deal with Aramco to develop HR technology for the Saudi oil giant.. (Positive)
*Ipca Labs:* Company to acquire 33.38% in Unichem Labs at ₹440/share aggregating to ₹1,034.1 crore. (Positive)
*Mahindra Lifespaces:* Bags society redevelopment project in suburban Mumbai having revenue potential of approx ₹850 crore (Positive)
*HDFC Bank:* Singapore's regulatory body approves HDFCBank to acquire shares in Griha Pte (Positive)
*Unichem Labs:* Ipca Labs to acquire 33.38% in Unichem Labs at ₹440/share aggregating to ₹1,034.1 crore. (Positive)
*Century Textiles Q4:* Profit rises 68.8% to Rs 145 crore, registers revenue over Rs 1,200 crore (Positive)
*Nelco:* Net profit up 88.1% at Rs 5.7 cr Vs Rs 3 cr, Revenue up 14.4% at Rs 82 cr Vs Rs 71.7 cr (YoY) (Positive)
*Welspun India:* Board to consider share buyback on April 27 (Positive)
*Poonawalla:* CRISIL has upgraded Poonawalla Fincorp's ratings for long-term debt instruments and bank facilities to 'CRISIL AAA'. (Positive)
*LTTS:* LIC has increased its shareholding in LTTS from 4.988 percent to 5.008 percent. (Neutral)
*Mahindra Logistics:* Consolidated profit at ₹0.20 cr vs ₹6.28 cr, Revenue up 16.9% at ₹1,272.5 cr vs ₹1,088.5 cr (YoY) (Neutral)
*Radico Khaitan:* Company approaches CCI alleging cartelisation by large liquor companies (Neutral)
*IndusInd Bank:* Bank re-appoint Sumant Kathpalia as MD & CEO for 2 years (Neutral)
*New India Assurance:* Appoints Smita Srivastava as General Manager & Director, effective April 17 (Neutral)
*Crompton Greaves Consumer:* Appoints Promeet Ghosh as Managing Director & CEO (Neutral)
*Persistent:* Net profit at Rs 251.5 cr versus poll of Rs 270 cr, $ Revenue up 3.9% at $274.6 m Vs $264.4 m (Neutral)
*Century Textiles Q4:* Profit rises 68.8% to Rs 145 crore, registers revenue over Rs 1,200 crore (Neutral)
*Torrent Power:* Company has incorporated a WOS namely “Torrent Urja 10 Private Limited”. (Neutral)
*TTML:* Tata Teleservices has posted a net loss of Rs 277 crore for the quarter ended March. Revenue from operations during the fourth quarter rose marginally to Rs 280 crore. (Neutral)
*ICICI Pru/Bajaj Fin:* India cracks down on Bajaj Allianz, ICICI Prudential for evading taxes since 2017
*Goyal Aluminum:* Company has reported a revenue of Rs 9 crore for the fourth quarter, which is down from Rs 19.8 crore in the December quarter