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SEBI proposes to relax rules for ETFs and index funds; to make them more robust

https://www.moneycontrol.com/news/business/personal-finance/sebi-proposes-to-relax-rules-for-etfs-and-index-funds-to-make-them-more-robust-12341741.html

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Mkt. Updates :

GIFT Nifty +8 pts (22230) from last trade 22222 ,

Nikkei +225 pts ,
Hangseng -41 pts ,


Dow +62.42 pts ,Nsdq -44.80 pts, S&P
+1.77 pts , Bovespa -821 pts , Ftse +21 pts , Dax +48 pts , Cac +55 pts , Crude @ $76.52 brl (+0.03), Brent @ $81.59 brl (-0.03) , Gold @ 2043.80 (-5.60), Silver $22.905 (-0.07), Euro @ $1.0819, JPY @ $150.51, INR @ 82.855


US GOVT. 10-YR YIELD : 4.23%


Today's Corporate Action, 26 Feb Ex Date :

FCL
Interim Dividend - Rs. - 1.2000  
GATEWAY
Interim Dividend - Rs. - 0.7500  
NATCOPHARM
Interim Dividend - Rs. - 1.2500  
NEWLIGHT
E.G.M.       
SUPRAJIT
Interim Dividend - Rs. - 1.1000  
VGCL
Interim Dividend - Rs. - 1.2500  


Today's Key Results/Board Meetings, 26-Feb-24 :

ASALCBR
Issue Of Warrants;Preferential Issue of shares
BETXIND
General    
CANBK
Stock  Split    
GRAUWEIL
Bonus issue    
MUZALI
Audited Results    
OMKAR
Scheme of Arrangement    
SPRAYKING
Stock  Split    
STOVACQ
Final Dividend;Audited Results  
TFCILTD
General    
WEWIN
General


SEC. IN F&O BAN FOR, 26.02.2024 :

1. ABFRL 2. ASHOKLEY 3. BALRAMCHIN 4. BIOCON 5. CANBK 6. GMRINFRA 7. GNFC 8. HINDCOPPER 9. PEL 10. PVRINOX 11. RBLBANK 12. SAIL 13. ZEEL

ADDITION : CANBK,
DELETION : NATIONALUM, INDUSTOWER, BANDHANBNK

News Headlines from Business News Agencies :

Business Standard :

📝 FM-fintech companies meet on Monday: Compliance, innovation on table

📝 RBI asks NPCI to examine Paytm's request to become 3rd party app provider

📝 RBI allows banks, non-banks to issue PPIs to commuters for public transport

📝 Byju's EGM gets underway: Raveendran skips, investors file suit before NCLT

📝 India's oil imports hit record high in Jan on Red Sea delays, shows data

📝 India will not rush into signing free trade deals, says Piyush Goyal

📝 Benchmarks slip, broader indices rally; PSB, FMCG, IT stocks weigh

📝 India's GDP to grow at around 6.75-6.8% in FY25, says Bank of Baroda

📝 Shipping rates volatile in February amid Red Sea crisis, shows data

📝 Number of M&A deals in India falls 10% to 793 in 2023, says PwC report

📝 Highway construction to settle around 12,000-13,000 km: Road secretary

📝 Maharashtra FDA cracks down on McDonald's for using substitutes for cheese

📝 Domestic business, US launches to drive gains for Zydus Lifesciences

📝 DoT will not intervene in 2G network shutdown; parks decision with telcos


Economic Times :

📝 Govt tweaks electricity Act to promote EVs and solar panels.

📝 Pernod Ricard to invest $200 million to build its biggest Asian distillery in Maharashtra

📝 Tips Industries board to consider share buyback proposal on February 28

📝 India's forex reserves dip by $1.13 bn to $616.1 bn as of Feb 16

📝 Paytm's advisory panel chief says yet to delve deep to identify any issue with firm

📝 India has moved to 5th spot from 10th in world in terms of economy: Sitharaman

📝 Biocon gets over Rs 3 crore penalty over GST related issues

📝 Trust Fintech raises Rs 5.42 cr in pre-IPO round

📝 Skipper secures Rs 737 crore order from Power Grid

📝 Amazon repays $1.9 million to workers in Saudi over unlawful fees

📝 IPL Sponsors: Ceat retains IPL 'strategic timeout' partnership for Rs 240 crore

📝 Full spectrum self-sufficiency required in defence, especially aerospace: DCAS

📝 Indian drone manufacturer IdeaForge enters US market


Mint :

📝 India will take up carbon tax issue ‘very strongly’ with EU, says Piyush Goyal

📝 Vodafone Idea launches pilot with Mavenir for commercial Open RAN deployment

📝 Nvidia triggers rally in semiconductor stocks; ASM Tech, SPEL hit record-highs

📝 ZEE board forms advisory panel to curb ‘erosion of investor wealth’

📝 India seeks tariff exemption for textiles in EU FTA talks for competitive edge

📝 Mahindra unveils budget-friendly Scorpio-N Z8 Select with exciting features

📝 NCT approves inter-state transmission projects worth over ₹736 crore

📝 Sugar mills can now sell potash derived from molasses to fertiliser firms

📝 ABB names Morten Wierod as new CEO to replace Bjorn Rosengren

📝 Vice Media announces layoffs, changes in content distribution strategy

📝 Reddit announces IPO plans, strikes $60 million deal with Google for AI training

📝 Asian Paints, Kansai Nerolac, others face challenge from Grasim’s entry

📝 Razorpay eyes an international boost even as it moves base to India

📝 Hiranandani Group promoters summoned by ED in FEMA case.

India Daybook Stocks in News


Alembic Pharma: Company fully resumed manufacturing operations at Sikkim plant (Positive)

Suven Pharma: U.S. FDA completes pre-approval inspection, good manufacturing practices inspections. (Positive)

Bajaj FInserve: Bajaj Allianz Life individual rated new business grows 3x industry average in 9M of FY24 (Positive)

Tips Ind Board to consider proposal for buyback shares on February 28 (Positive)

Bharat Forge: Company invests €15 million in unit Bharat Forge Global: (Positive)

Orchid Pharma: Company gets U.S. FDA approval for novel drug Enmetazobactam (Positive)

Sanofi: Net Profit at Rs 137.7 crore versus Rs 131.0 crore, Revenues at Rs 694.0 crore versus Rs 672.0 crore (Positive)

Kotak Mahindra Bank: Zurich Insurance to buy 70% stake in Kotak Mahindra General Insurance Company for Rs 5,560 crore. (Positive)

Jakson Green: Inks pact with Rajasthan discom to supply power from upcoming 100-MW solar project (Positive)

Sona Coms: India Ratings has upgraded the Company’s Long-Term Rating on bank facilities to ‘IND AA+/Stable’ from ‘IND AA’/Positive. (Positive)

KPI Green: Power Project won in Gujarat by company through competitive bidding process (Positive)

Shakti Pumps: Company Limited has received work order from Haryana Renewable Energy Department for Rs 84.3 crore. (Positive)

*Max Health: Board gives in-principle approval for acquisition of land parcel in Uttar Pradesh worth Rs 167 crore (Positive)

Supreme Ind: Company signs power delivery agreement, security subscription and shareholder agreement with SPV formed by O2 Energy SG. (Positive)

TRIL: Company gets order worth Rs 232 crore from Power Grid Corporation for auto transformers (Positive)

Zydus Lifesciences: Company receives WHO prequalification approval for API, formulation of Miltefosine. (Positive)

Zaggle: Company signs customer service agreement with Emcure Pharmaceuticals for benefits & expense management platform Zaggle Save. (Positive)

Bajaj Electronics: New store opens in New Delhi. (Positive)

Skipper: Company secures ₹737 crore order from Power Grid Corporation (Positive)

Adani Green: Uber's CEO and Gautam Adani anticipated to collaborate for green mobility in India (Positive)

DLF: Company plans to launch properties worth nearly Rs 80,000 crore over the next 3-4 years (Positive)

Narayana Health: Company has been allotted 7.26 Acres of land in CBD Area, Kolkata (Positive)

Dixon Tech: Company launched a new factory in Dehradun for manufacturing washing machines (Positive)

RITES: Company gets letter of intent for infrastructure development of permanent campus of IIT Bhubaneswar at Odisha (Positive)

Infibeam: Acquires 20% strategic stake in US based XDuce for USD 10 Million To penetrate the US Markets with CCAvenue Payment Gateway (Positive)

Zee Entertainment: Company constitutes an independent advisory committee headed by Retired Judge Satish Chandra (Neutral)

Punjab & Sind Bank: To consider raising funds up to ₹2,000 crore on February 28, 2024 (Neutral)

Hudco: The Government proposed to divest part of shareholding in the company (Neutral)

Union Bank: Approves issue price of Rs 135.65 per share in QIP. (Neutral)

Swan Energy: Company to consider issue price for QIP of shares on February 28 (Neutral)

Paytm: RBI asks NPCI to make alternative arrangements for UPI users of Paytm Payments Bank. (Neutral)

KIOCL: Mangalore pellet plant unit operations to be suspended effective February 24 (Neutral)

Ashok Leyland: Company invests Rs 24.95 crore in TVS Trucks to strengthen company's automotive business (Neutral)

Biocon: Company has issued a Corporate Guarantee on behalf of Biocon Generics Inc, a wholly owned step down subsidiary of the Company (Neutral)

ICICI Lombard: Company appoints Anand Singhi, Chief - Retail & Government, as Key Management Person (Neutral)

Reliance Ind: Disney, Reliance said to have signed binding merger pact (Neutral)

MAS Financial: Company allots 10.9 crore bonus equity shares of company to eligible members in the ratio of 2:1. (Neutral)

Axis Bank: Amitabh Chaudhry, MD & CEO & Ravi Narayanan, Group Executive, Head - Branch Banking To Announce Significant Business Development. (Neutral)

HDFC Bank: Company gets RBI nod for sale of equity shares of HDFC Credila Fin (Neutral)

Piramal Pharma: U.S. FDA concludes pre-approval inspection of company's U.S.-based facility with 2 observations, issues Form-483. (Neutral)

IFGL Refractories: Director and CEO Kamal Sarda resigns effective March 1

Rain Ind: Revenues down 25% at Rs 4100 Crores Vs Rs 5457 Crores, Loss at Rs 1079 Crores Vs Profit of Rs 126 Crores

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 26-02-2024 :

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -24313* 😭

*INDEX FUT. : +531*

*INDEX OPT. : -25947*

*STOCK FUT. : +1005*

*STOCK OPT. : +98*

*SEC. IN F&O BAN FOR, 27.02.2024*

*1. ABFRL 2. BALRAMCHIN 3. CANBK 4. SAIL 5. ZEEL*

*ADDITION : NIL,*
*DELETION: ASHOKLEY, BIOCON, NATIONALUM, GMRINFRA, GNFC, HINDCOPPER, PEL, PVRINOX, RBLBANK,*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 26-FEB-2024 :*

*FIIS : SELL -285 (12,525-12,810)* ☺️

*DIIS : SELL -05 (8,527-8,532)* 😳

*BSE SENSEX : -353 (72,790)🔽*

*NSE NIFTY : -90 (22,122)🔽*

*BSE MIDCAP. -151 (39,783)*🔽

*BSE SMLCAP. : -28 (46,005)*🔽

*B. CRUDE : $ 81.14* 🔽🙂

*GOLD: $ 2,026=INR 61,150(10gr)*↔️😳

*SILVER : RS. 74,500 (kg)(5pm)*↔️😳

*FOREX : RS. $ 82.89 🔼 🙂*

*7.18% GOI '33: 7.0642%(100.7850)🔽🙂*

*7.18% GOI '37: 7.1140% (100.5550)🔽🙂*

*News Headlines from Business News Agencies :*

*Business Standard :*

📝 YES Bank to boost lending to mid-sized cos to improve return on assets: CEO

📝 Govt waives penalty, approves interest-free loan of FCV tobacco growers

📝 RBI lifting curbs on forex non-deliverable forward arbitrage by banks

📝 Govt's semiconductor strategy makes progress with $21 billion in proposals

📝 Reached settlement with Celestial Aviation,
formalities remain: SpiceJet

📝 M&A deal value in India declines 27% to $136 billion in 2023: Deloitte

📝 Zaggle Prepaid more-than-doubles over issue price amid solid order inflow

📝 China's BYD unveils 1st supercar Yangwang U9, rival to Ferrari, Lamborghini

📝 PM Modi unveil projects worth Rs 41,000 crore for Indian Railways

📝 Truecaller gets call recording with AI transcription, call summary options

📝 MobiKwik' Pocket UPI' to allow wallet payments without linking to bank

📝 Realty, consumer services, capital goods see biggest m-cap expansion in 5 years


*Economic Times :*

📝 Passenger vehicle volume to rise by 5-7 per cent, touch new peak in next fiscal: Report

📝 Tata Digital-backed Cult.fit raises $10 million in funding round led by Valecha Investments

📝 FPIs pare exposure to financial stocks amid rising credit costs

📝 Ola founder Bhavish Aggarwal's Krutrim launches ChatGPT rival in beta mode

📝 Volvo Car India rejigs management team

📝 Ericsson deploys 1 lakh 5G radios for Bharti Airtel

📝 Bristol Myers Squibb opens innovation hub in Hyderabad

📝 Vedanta's $894 million bond interest payment cleared with 7 days' delay

📝 Infibeam Avenues picks up 20% stake in US-based AI company XDuce

📝 VinFast echoes Tesla's demand for India to cut import duty on electric cars

📝 Indian hotel industry to report seven to nine per cent revenue growth in FY25: ICRA

📝 Amazon Pay secures payment aggregator licence from RBI


*Mint :*

📝 Pfizer to invest ₹25 lakh each in six healthcare startups

📝 India to supply 110,000 tonne rice to Guinea-Bissau, Djibouti, Tanzania

📝 Manufacturing to be a major theme for next few years: Equirus MD Ashutosh Tiwari

📝 Capgemini will hire in big numbers in India in FY25

📝 IndiGo launches daily direct flights between Hyderabad and Bangkok

📝 Likely orders from Aramco to boost Kalpataru’s sales

📝 Subhash Chandra not cooperating in Zee fund diversion probe: Sebi tells tribunal

📝 Axis Bank inaugurated 21 new branches in Karnataka

📝 Canara Bank board approves split of each share into 5 shares

📝 Wipro & Nokia launch joint 5G private wireless solution

📝 DreamFolks & Looks Salon partner to offer exclusive beauty and grooming services

📝 Welspun Living expects its revenue from Indian market to triple by 2026-27

🇮🇳India Daybook Stocks in News


*Cipla:* Company gets approval to introduce zemdri injection in India. (Positive)

*Lemon Tree:* Company signed license agreement for lemon tree resort in Sankhwas Garh, Rajasthan (Positive)

*Zuari Agro:* Company executed sale deed for sale of land in goa for Rs 80 crore (Positive)

*Crompton Greaves:* HDFC Mutual Funds Stake increases to 7.11% in the company. (Positive)

*HFCL:* Company bags purchase orders worth ₹40.36 cr for supply of optical fiber cables (Positive)

*Alankit:* Company entered into a project with school education department of uttarakhand with value Rs 23.7 crore. (Positive)

*Tanla platforms:* Company announced the launch of its new product trubloq .ai. (Positive)

*Powermech:* Gets order worth Rs 396.3 crore South East Central Railway for execution of civil construction, electrical works (Positive)

*PNC Infra:* Company gets Letter of Acceptance from Madhya Pradesh Government for construction project worth Rs 699 crore (Positive)

*Grauer and Weil:* Board approves issue of bonus shares in the proportion of 1:1(Positive)

*Jindal Stainless:* Union Minister will inaugurate the stainless steel industry’s first green hydrogen project set up by Jindal Stainless (Positive)

*ITI:* Company signs MoUs with Lekha Wireless, Niral Networks and InstaICT to create and manage private 5G ecosystems: (Positive)

*Wipro:* Company to launch joint 5G private wireless solution with Nokia to speed up enterprise digital transformation (Positive)

*Hind Rectifiers:* Company gets supply order worth Rs 200 crore from Indian Railway (Positive)

*MCX:* Company signs MoU with Jakarta Futures Exchange for knowledge sharing and regional development (Positive)

*Canara Bank:* Approves split of 1 equity share of company into 5 (Positive)

*SJVN:* Company inks power usage agreement with Jammu & Kashmir power corp (Positive)

*TVS Motors:* Arm to increase shareholding in Killwatt GmbH to 49% from39.28% for €4 million (Positive)

*Jana SFB:* Company gets RBI approval for re-appointment of Ajay Kanwal as MD & CEO for 3 years effective March 21. (Positive)

*Sigachi Ind:* Forms JV ‘Sigachi Global’ to enter UAE food and pharma market (Positive)

*Bank of Baroda:* Bank cuts car loan interest rates by 65 bps to 8.75% (Neutral)

*Andhra Cement:* Promoter proposes to sell up to 5% stake in company via OFS on February 27 (Neutral)

*Wockhardt:* Company to launch a QIP of Rs 400 crore (Neutral)

*Adani Ent:* Adani defence & aerospace to invest 30b rupees in ammunition & missiles complex in india's uttar pradesh state. (Neutral)

*Associated Alcohols:* Company approved for issuance of upto 900,000 warrants of 485 rupees each to promoters (Neutral)

*IZMO:* Board meeting on March 6 to issue and allot 2,90,784 equity shares pursuant to the conversion of warrants. (Neutral)

*Axis Bank:* Bank inaugurated 21 new branches in Karnataka (Neutral)

*CMS Info Systems:* Promoter to sell up to 26.7% stake in CMS via large trade worth Rs 1,503.8 crore. (Neutral)

*Bandhan Bank:* Bandhan Financial completes acquisition of Aegon Life Insurance Company from AegonIndia and Bennett (Neutral)

*SBI:* Bank was fined ₹2 crore for failing to comply with provisions of the Banking Regulation Act after an inspection by RBI (Neutral)

*Vodafone Idea:* Company’s Board to meet to consider Proposal Relating to Fund Raising (Neutral)

*Indostar:* Company’s Board to meet to consider Proposal Relating to Fund Raising (Neutral)

*Texmaco Rail:* Company’s Board to meet to consider Proposal Relating to Fund Raising (Neutral)

*BGR Energy:* Promoter Entity Sasikala Raghupathy Sold 55.87 Lakh Shares or 7.74% Stake. (Neutral)

*Usha Martin:* Promoter Entity Peterhouse Investments India sold 2 Lakh equity shares in open market (Neutral)

*One 97 communication:* Vijay Shekhar Sharma steps down as Part-Time Non-Executive Chairman and Board Member from PayTM payment bank. (Neutral)

*South Indian Bank:* Ex date today for the eligibility of right issue 1:4 (Neutral)

*NMDC:* Ex date today for the eligibility of dividend Rs 5.75/Sh (Neutral)

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 27-02-2024 :

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -31751* 😭

*INDEX FUT. : +139*

*INDEX OPT. : -30816*

*STOCK FUT. : -1083*

*STOCK OPT. : +09*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 27-FEB-2024 :*

*FIIS : SELL -1,509 (16,401-17,910)* 😥

*DIIS : BUY +2,861 (11,803-8,942)* 😃

*BSE SENSEX : +305 (73,295)🔼*

*NSE NIFTY : +76 (22,198)🔼*

*BSE MIDCAP. -39 (39,744)*🔽

*BSE SMLCAP. : -116 (45,888)*🔽

*B. CRUDE : $ 82.28* 🔼😩

*GOLD: $ 2,035=INR 61,470(10gr)*🔼🙂

*SILVER : RS. 74,000 (kg)(5pm)*🔽😩

*FOREX : RS. $ 82.89 ↔️ 😳*

*7.18% GOI '33: 7.0707%(100.74)🔼☺️*

*7.18% GOI '37: 7.1227% (100.48)🔽🙂*

Pre Market updates @AlliesFin

GIFT Nifty +50 pts (22247) from last trade 22197 ,


Nikkei -90 pts ,
Hangseng +43 pts ,


Dow -96.82 pts ,Nsdq +59.05 pts, S&P
+8.65 pts , Bovespa +2080 pts , Ftse -1 pts , Dax +133 pts , Cac +18 pts , Crude @ $78.41 brl (-0.46), Brent @ $83.13 brl (+0.60) , Gold @ 2039.10 (-5.00), Silver $22.445 (-0.08), Euro @ $1.0842, JPY @ $150.45, INR @ 82.985





*Today's Corporate Action*
*28th Feb Ex Date*


 

FIEMIND
Bonus issue 1:1    
PRECISION
Resolution Plan -Suspension   
SOUTHWEST
Interim Dividend - Rs. - 0.2500  



*Today's Key Results/Board Meetings*
*28-Feb-24*




BINNY
A.G.M.;Quarterly Results    
GOLDLEG
General    
KSB
Final Dividend;Audited Results  
MARBLE
Quarterly Results    
NICCOUCO
General    
PRESSURS
Issue Of Warrants    
TDSL
General    
VENUSPIPES
Issue Of Warrants;General  



*Stock under F&O ban on NSE*
*28-Feb-24*



1 ABFRL
2 CANBK
3 INDUSTOWER
4 SAIL
5 ZEEL

*News Headlines from Business News Agencies :*

*Business Standard :*

📝 Zydus Lifesciences announces share buyback of Rs 600 cr; to open on Feb 29

📝 Qualcomm to democratise 5G in India with a chip aimed at sub-$99 smartphone

📝 Sebi asks small, mid-cap funds to disclose more information about risks

📝 Adani Green Energy to raise $409 million via US dollar-denominated bonds

📝 Digital infrastructure is a modern day factor of production: FM Sitharaman

📝 Russia announces six-month ban on gasoline exports from March 1

📝 Startups are the backbone of new India, it's our time under the sun: Goyal

📝 Meta launches an integrated safety campaign to tackle misinformation

📝 CCI proposes changes in confidentiality regime for efficient proceedings

📝 UBS upgrades TCS to 'Buy', sees 15% upside in stock

📝 Zoho launches PoS solution called Zakya for small, medium enterprises

📝 India has over 800 mn internet users; most use tech for OTT services: Study


*Economic Times :*

📝 Waaree Energies bags 280 MW solar module supply order from Mahindra Susten

📝 CaratLane to turn wholly-owned arm of Titan with purchase of 0.4% stake

📝 Miltenyi Biotec launches India operations, to open Centre in Hyderabad

📝 Dhunseri Ventures' arm opens new Rs 570-crore polyester film manufacturing plant

📝 DCM Shriram to invest Rs 1,000 cr on Greenfield epoxy resin plant over next few yrs

📝 India to conduct another household survey before changing CPI: Officials

📝 World Gold Council names Sachin Jain new India CEO

📝 Spectrum auctions in 2-3 months, likely to be muted: DoT Secy

📝 Maruti Suzuki partners with Union Bank of India for dealer financing solutions

📝 India's AI market set to grow at 25% CAGR until 2027: Nasscom report

📝 Skoda India to take on Vitara, Brazza with compact SUV launch in 2025

📝 Addressable TV advertising to reach Rs 9872 crore in 2026: GroupM


*Mint :*

📝 Ford may return to Indian market with focus on EVs: Report

📝 Titan to purchase remaining stake in subsidiary jewellery brand CaratLane

📝 Short-term subscriptions find draw in India’s cluttered OTT market

📝 SC slaps contempt notice on Patanjali Ayurved for misleading ads

📝 NCLT approves Hinduja's acquisition of bankrupt Reliance Capital

📝 Byju's faces new NCLT case: Oppression, mismanagement suit filed by 4 investors

📝 Expedia to cut about 1,500 jobs as travel demand moderates

📝 Zoom share price rallies 10% on Q4 result beat; share buyback announced

📝 Positive on India, sold stake as valuations were high, says Whirlpool CEO

📝 Gland Pharma appoints Alain Kirchmeyer as President of arm Phixen

📝 IndoStar to issue 1.31 cr convertible warrants worth ₹256.6 cr to promoter

📝 AVG Logistics bags ₹105 Crore 6 years long term contract from Indian Railways

🇮🇳India Daybook Stocks in News


*GE T&D:* Company bags orders worth Rs 370 cr from Power Grid. (Positive)

*Indostar:* Brookfield, Florintree to invest ₹4,566 cr in Indostar Capital: (Positive)

*Texmaco Rail:* Board approves fund Raising of Rs 150 cr through issue of 83.4 lakh warrants to promoter and non promoter on preferential basis (Positive)

*Tanla Platforms:* Announce the launch of its new product Wisely ATP Spotlight (Positive)

*Indus Towers/VI:* Vodafone Board approves Equity fund raising of upto Rs 20,000 Crores (Positive)

*SJVN:* Company has commissioned 100 MW Raghanesda Solar Power Project located in district Banaskantha, Gujarat. (Positive)

*HCL Tech:* Company sees surge in private 5G adoption across manufacturing and Greenfield sectors (Positive)

*Salasar Techno:* Company gets order worth ₹200 cr from ZETWERK Business for supply of 25,000 mt of solar structures (Positive)

*ICICI Lombard:* ICICI Bank buys 1.65% equity (approx. 81 lk shares) in ICICI Lombard General Insurance for ₹1,356 cr (Positive)

*Godrej Ind:* Godrej Appliances anticipates its premium segment to increase sales turnover by as much as 20% in fiscal 2025. (Positive)

*Torrent Power:* Company has emerged as a successful bidder and received a Letter of Intent from PFC Consulting for the establishment of an inter-state transmission scheme in Solapur (Positive)

*JSW Energy:* Company has secured a Letter of Award from SJVN Ltd for a solar capacity project of 700 MW (Positive)

*Tata Elxsi:* Company and Telefónica have implemented a cloud-native infrastructure management system powered by ETSI Open-Source MANO (Positive)

*ONGC:* Proposal for formation of “ONGC Green Limited” as wholly owned subsidiary of the Company. (Positive)

*TIPS Ind:* Board to meet to consider Buy Back of Shares (Positive)

*NSE Indices:* Meeting of the Index Maintenance Sub-Committee to conduct periodic review of stocks (Neutral)

*Exide Ind:* Invested Rs 24.99 Crores by way of subscription in the equity share capital of its wholly owned subsidiary, "Exide Energy Solutions Limited (Neutral)

*Hind Zinc:* Incorporates “Hindmetal Exploration Services Private Limited with an objective to explore, discover, develop and tap mineral resources. (Neutral)

*Titan:* Company purchased remaining 0.36% stake in Caratlane (Neutral)

*Axis Bank:* RBI approves appointment of Munish Sharda as Executive Director of the bank for 3 year. (Neutral)

*Gland Pharma:* Appoints Alain Kirchmeyer as President of arm Phixen S.A.S. (Cenexi) (Neutral)

*ZEEL:* Company board renamed the independent advisory panel as the independent investigation committee. (Neutral)

*Finolex Cables:* Company said to delist its global depository receipts (Neutral)

*KSB Limited:* Board meeting to consider quarterly results (Neutral)

*Venus Pipes:* Board to meet to Fund Raising Via Equity or Debt (Neutral)

*Swan Energy:* Board to meet to consider and determine the Issue Price for QIP (Neutral)

*PSB:* Board to meet to consider Fund Raising Aggregating Rs 2000 Crores Via Share Issue. (Neutral)

*Capital SFB:* Net Profit up 2.1% at ₹28.9 cr vs ₹28.3 cr YoY. Gross NPA at 2.97% vs 2.73%

*Patanjali:* The Supreme Court served a contempt notice to Patanjali Ayurved for issuing misleading advertisements about health cures