🇮🇳India Daybook Stocks in News


RailTel: Company along with its consortium, has secured a significant orders worth of Rs 167 crore. (Positive)

Waaree Energies: Company bags order for supply of solar modules for 410 MWp from ABREL EPC, a wholly owned subsidiary of Aditya Birla Renewables. (Positive)

Caplin Point: Company received approval from the USFDA for the ANDA Brimonidine Tartrate and Timolol Maleate Ophthalmic Solution (Positive)

Tata Power: Company signs MoU with Assam Government to develop up to 5000 MW of renewable & clean energy in the state. (Positive)

Vakrangee: Company announced a strategic partnership with Aditya Birla Health Insurance to offer health insurance products. (Positive)

PTC Industries: Company announced the construction of a 25,000 sq m aerospace castings facility at its new 50-acre UP Defence Industrial Corridor site in Lucknow. (Positive)

Coforge: Board to consider stock split on March 4, 2025 (Positive)

PNGS Gargi: Company opened a new exclusive brand store in Indore, Madhya Pradesh on Feb 25, 2025. (Positive)

Dr Reddy's: US FDA issues establishment inspection report for company’s API Manufacturing Facility (CTO-2) in Bollaram, Hyderabad & classifies the inspection as Voluntary Action Indicated (VAI). (Positive)

Camlin Fine: Company has agreed to acquire a majority stake in Vinpai S.A. (Positive)

KP Green Engineering: Company signed a MoU with the Madhya Pradesh govt. to develop 1.8 GW of solar, wind, hybrid, BESS, and biomass projects. (Positive)

Financial Stocks: RBI restores risk weights for bank lending to NBFCs to 100% from 125% earlier w.e.f April 1, 2025 (Positive)

Adani Green: Company wins 1,250 MW pumped hydro storage project from Uttar Pradesh Power Corp. (Positive)

Lemon Tree: Company has signed a License Agreement viz. Lemon Tree Hotel, Shirdi, Maharashtra. (Positive)

Blue Star: Company announced the commissioning of a new assembly line for room air conditioners at its Sri City plant. (Positive)

Sarla Performance Fibers: Acuite has upgraded the credit ratings of the Company (Positive)

Piccadily Agro: Infomerics has upgraded its ratings for the Company for short and long term bank facility (Positive)

DLF: CRISIL has revised Outlook to ‘Positive’ and re-affirmed its rating as ‘CRISIL AA’ for Non-Convertible Debentures. (Positive)

Paradeep Phosphates: ICRA has upgraded/ reaffirmed the ratings assigned to the Bank Facilities/instrument of the Company (Positive)

Muthoot Finance: Company gets RBI nod to open 115 branches. (Positive)

Castrol: Company announced launch of Strategic Review of Global Lubricants Business. (Positive)

Spice Jet: Net profit at Rs 26.0 crore versus loss Rs 300.0 crore, Revenues at Rs 1178 crore versus Rs 1850 crore (Positive)

Newgen: Company has executed a Statement of Work (SoW) with a USA based Client. (Positive)

Dhruv Consultancy: Company received Rs 6.4 cr contract from the NHAI for consultancy services (Positive)

Zydus Lifesciences: Company launched VaxiFlu-4, India's first quadrivalent inactivated influenza vaccine (Positive)

Paytm: DPIIT and Paytm join hands to drive innovation and scale India’s manufacturing and fintech startup ecosystem (Positive)

KIMS: Company is targeting an 18–20% growth in next financial year, driven by launch of new hospitals (Positive)

NGL Fine-Chem: Promoters settle disclosure lapses case with SEBI; pay ₹92.21 lakh (Positive)

Cupid: Company has secured a contract worth approximately INR 42 Crore from the Medical Stores Department, Tanzania (Positive)

G R Infraprojects: Company has signed MoU with the Government of Assam for a ropeway project in Guwahati. The project, costing ₹270 Cr (Positive)

Senores Pharmaceuticals: Company has inaugurated its second Active Pharmaceutical Ingredient (API) manufacturing facility (Positive)

Wespun Corp: Welspun One launches Rs 1,000 cr co-investment program to expand warehousing portfolio (Positive)

Wipro: Company commits $200 Million in Fresh Investment to Wipro Ventures (Neutral)

Ultratech Cem: To issue 1 share of UltraTech Cement for every 52 shares held by equity shareholders of Kesoram Industries. (Neutral)

Bharat Electronics: Company to consider interim dividend for financial year 2024-25 (FY25) on March 5, 2025 (Neutral)

Varun Beverages: Company extends SBC Beverages Ghana acquisition date to March 31, 2025, from February 28, 2025. (Neutral)

Akshar Spintex: Company announced the resignation of Mr. Amit Vallabhabhai Gadhiya as Managing Director & Director. (Neutral)

Avantel: Company has received a purchase order from Larsen & Toubro Ltd for Rs.1.64 Crores. (Neutral)

Borosil Renewables: Company has completed its committed investment of Rs. 17.82 Cr in Clean Max Prithvi Pvt Ltd (Neutral)

Olectra Greentech: India Ratings and Research has confirmed the credit ratings for Company's borrowing programs, Long-/Short-term limits. (Neutral)

Aries Agro: Company received an order for Rs. 1.28 Cr for FY2020-21 under Section 73 of the CGST Act, 2017 and APGST Act, 2017. (Neutral)

Godawari Power: Company executed Rs.50 Cr inter-corporate loan agreement with Deccan Gold Mines Ltd. (Neutral)

Grasim Industries: Company repaid 400 Cr of Commercial Papers (CP). (Neutral)

Emcure Pharma: Company received Form 483 with two observations from USFDA for Maharashtra facility (Neutral)

T V Today: Company plans to sell its FM radio broadcasting operations (Mumbai, Delhi, Kolkata) to Creative Channel Advertising & Marketing Pvt. Ltd. for Rs. 20 Cr. (Neutral)

Azad Engg: Company launches QIP to raise up to Rs 700 cr, issue price Rs 1,280/sh. (Neutral)

Rain Ind: Net loss at Rs 133.0 crore versus Rs 1079.0 crore, Revenues at Rs 3675 crore versus Rs 4101 crore (Neutral)

Jindal Worldwide: Company has fixed Record Date 28th February for the purpose of Bonus Issue 4:1 of Equity Shares of the Company (Neutral)

GMR Airports: Company raises ₹1,100 cr via NCDs from Deutsche Bank. (Neutral)

TeamLease: In a block deal, Goldman Sachs sells shares worth Rs 17 crore (Neutral)

Tata Steel: Company acquires shares worth Rs 10,727 crore in T Steel Holdings. (Neutral)

Sarda Energy: Company reported a fire incident at its Binjkot power plant. (Neutral)

Utkarsh Small Finance Bank: Board approved raising up to ₹750 Cr in funds through QIP (Neutral)

Larsen: Indian Army signs pact worth Rs 80.4 crore with L&T for procurement of chemical agent detection and alarm systems. (Neutral)

IndiGo: Company signs firm agreement with Norse Atlantic Airways for 3 Boeing 787-9 aircraft. (Neutral)

Infosys: Company rolls out salary hikes for employees, increments range between 5-8% based on base salary. Launches Open-Source Responsible AI Toolkit to Enhance Trust and Transparency in AI (Neutral)

Fusion Finance: CRISIL Ratings has downgraded Company's long-term credit rating on its Rs. 8000 Crore bank loan facilities to CRISIL A-/Stable.

Prestige Estate: Income Tax Department conducts search at Prestige Estates offices.

Ceigall: Company announced termination of a contract from NHAI for the construction of a four-lane Greenfield Amritsar connectivity project.

Cable and Wire stocks: Ultratech cement forays in to Wires and cables segment with capex of Rs 1800 cr.

News Headlines from Business News Agencies:

Business Standard

📝 World Bank bullish onIndia, reaffirms confidence in its economic potential
📝 Micromax makes foray into renewable energy space with Startup Energy
📝 Airtel confirms'bilateral discussions' with Tata Group for DTH merger
📝 India's venture capital funding jumps 70% in January, outpaces China
📝 Palm oil imports to hit5-year low amid price shifts, rising output
📝 Uttar Pradesh eyes Rs 70K cr investment in electronics, data centres
📝 Godrej Enterprises' Energy Solutions arm eyes Rs 2,000 cr revenue in 3 yrs
📝 Paytm, DPIIT partner to support fintech startups with mentorship & funding
📝 Welspun One launches Rs 1K cr co-investment programme to expand portfolio
📝 Star Cement proposes Rs 3,200-cr plant in Assam, agreement signed

Economic Times

📝 Retail sales in Indiasee 5% growth in January 2025, says RAI
📝 India must seize global supply chain disruption as opportunity: Amitabh Kant
📝 Wipro to invest $200million in Wipro Ventures
📝 World Bank bullish on Indian economy, reaffirms faith in country's potential
📝 India's tablet PCshipments recover in 2024, register sharp 42.8% on-year growth
📝 Critical minerals recovery from processing waste will need multipronged strategy: Report
📝 India singles out VW in $1.4 billion tax dispute, says Kia corrected course
📝 IndiGo to damp lease three more Boeing 787-9 for international expansion
📝 Centre to spend Rs 4,800 cr for waterways development in Assam in 5 years: Sonowal
📝 Excise policy case: Delhi court directs ED to supply papers to accused

Mint

📝 India looking toincrease ethanol blending with petrol to over 20 pc: Puri
📝 India eyes global pharma dominance with a ₹5,000 crore revitalization plan
📝 DBS add 1,000 new jobsin AI over next 3 years: CEO
📝 BP to slash green spending, pivot back to oil
📝 Crown LNG bets onenhanced India-US energy ties; to scale up India operations
📝 Vedanta Demerger: Shareholders approve proposed 5-unit plan
📝 Infosys rolls out average salary hike of 5-9% for employees: Report
📝 Godrej Properties 'surprised' by CBI FIR on Chandigarh project, says not violated any law
📝 India Inc eyes cautious 2025: BFSI, healthcare shine, auto & realty struggle
📝 Apple to invest $500 bn, create 20k US jobs amid $1 trillion push by tech giants.

*GIFT Nifty -130 pts (22530) from last trade 22660 ,*


Nikkei -1011 pts ,
Hangseng -102 pts ,
Now @6.53am .


Dow -193.62 pts ,Nsdq -530.84 pts, S&P
-94.49 pts , Bovespa +30 pts , Ftse +24 pts , Dax -243 pts , Cac -41 pts , Crude @ $70.12 brl (-0.22), Brent @ $73.88 brl (+1.35) , Gold @ 2886.60 (-9.30), Silver $31.801 (-0.00), Euro @ $1.0395, JPY @ $149.88, INR @ 87.535




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


 
 BHATIA
Interim Dividend - Rs. - 0.0100
IGIL
Interim Dividend  
JINDWORLD
Bonus issue 4:1  
NAVA
Buy Back of Shares   
OASISEC
Stock  Split From Rs.10/- to Rs.1/-
PANCHSHEEL
Interim Dividend - Rs. - 0.8000
PFC
Interim Dividend - Rs. - 3.5000
RDBRIL
Stock  Split From Rs.10/- to Rs.1/-


*Today's Key Results/Board Meetings*
*28-Feb-25*
     



ANSALAPI
Quarterly Results
FOSECOIND
Audited Results;Final Dividend
IGIL
Audited Results
LCCINFOTEC
General
METROBRAND
Interim Dividend;General
PACE
General
RANASUG
Quarterly Results

 
*Stock under F&O ban on NSE*
*28-Feb-25*



None

News Headlines from Business News Agencies :

Business Standard :

📝 DCGI streamlines drug export approvals, enhances regulatory oversight

📝 India 10-yr bond yield to slip to 6.45% by Apr on rate cut: BofA executive

📝 India's developmental model could be template for others: CEA Nageswaran

📝 HSBC reducing staff numbers by 900 at China Pinnacle unit: Report

📝 TVS Emerald buys 10-acre land in Bengaluru, boosts FY25 revenue potential

📝 Govt considers tariff cuts on cars, chemicals as Trump duties loom

📝 Coca-Cola's Thums Up, Sprite on their way to becoming $2 billion brands

📝 Amazon's cloud unit builds first quantum computing chip called 'Ocelot'

📝 India, EU to discuss preventing banned goods from going to Russia

📝 India's climate future lies in renewable energy, says Bhupender Yadav

📝 India Inc poised to see average salary hike of 9.4% in 2025: Report


Economic Times :

📝 Domestic passenger vehicle sales expected to grow 4-7 pc in FY26: Icra

📝 Organised retail set to reach $230 billion by 2030: Deloitte-RAI report

📝 SBI Mutual Fund launches files draft documents with Sebi for 5 passive funds

📝 AI in healthcare likely to contribute $30 bn to India's GDP by 2025: Report

📝 ADB commits $200 million loan to expand urban services in Kolkata

📝 60 pc of Indian retailers see technology as key to competitiveness: PwC India Report

📝 India's GST collections surge in January 2025: gross up 12.3%, net rises 10.9%: NCAER report

📝 India exploring critical minerals in Zambia, Congo and Australia, official says

📝 India needs to ramp up bilateral relations for trade, investment: Nirmala Sitharaman

📝 State governments should not tax minerals excessively: Union Mines Minister

📝 Mercedes-Benz plans to cut 25% of workforce costs in China by 2027, source says


Mint :

📝 Sebi directs mutual funds to deploy NFO fund within 30 days of allotment

📝 American hospitality giant Wyndham sees big opportunity in India’s new hoteliers

📝 PhonePe appoints four merchant bankers for upcoming IPO: Report

📝 Cables & wires stocks face de-rating, target price cut on UltraTech's foray

📝 Paytm partners with Perplexity to bring AI search on app free of cost

📝 NBFCs gain fresh momentum as RBI eases bank lending norms

📝 Ikea eyes Delhi-NCR expansion with small format store, e-commerce operations

📝 Bajaj Auto Ltd Launched Bajaj GoGo, A New Brand For Electric Autos

📝 Man Infraconstruction acquires 26.40% stake in subsidiary company

📝 Kerala govt plans seaplane operations at dams, backwaters

📝 NCLAT sets aside insolvency proceedings against Coffee Day Enterprises

GIFT Nifty +90 pts (22362) from last trade 22272 ,


Nikkei +465 pts ,
Hangseng +194 pts ,



Dow +601.41 pts ,Nsdq +302.86 pts, S&P 1
+92.93 pts , Bovespa -1999 pts , Ftse +53 pts , Dax +0.54 pts , Cac +9 pts , Crude @ $70.07 brl (+0.31), Brent @ $73.17 brl (+0.36) , Gold @ 2882.00 (+33.50), Silver $31.805 (+0.30), Euro @ $1.0411, JPY @ $150.91, INR @ 87.465




Today's Corporate Action
3rd Mar Ex Date


AAYUSH
Interim Dividend - Rs. - 0.0100
 


Today's Key Results/Board Meetings
03-Mar-25
     


AUTOINT
General;Employees Stock Option Plan  
BFFL
General    
BIRLACOT
General    
GTTDATA
Preferential Issue of shares    
RRECL
Increase in Authorised Capital;Preferential Issue of shares
SHRAAITECH
General    
WITS
Right Issue of Equity Shares;General  
ZARDIINV
General    


 
Stock under F&O ban on NSE
03-Feb-25



None

#NIFTY #charts @StockArthi
ELECTION DAYS CLOSING LOW AND CLOSING LEVELS CAN ACT AS STRONG SUPPORT FOR NEAR TERM.

Attractive ?

*News Headlines from Business News Agencies :*

*Business Standard :*

📝 Steel demand to grow despite global geopolitical issues: Tata Sons chairman

📝 Manufacturing PMI dips to 14-mth low in Feb as new orders, production fall

📝 ARCIL acquires Ujjivan SFB's non-performing microfinance portfolio

📝 AbbVie enters obesity drug market with up to $2.2 billion Gubra deal

📝 Banks' Apr-Dec performance robust, impaired loan ratio near trough: Fitch

📝 Cement demand to exceed 640 mn tonnes per annum by FY30, says UltraTech

📝 Uttar Pradesh govt aims to double maize production to 2.73 mt by 2027

📝 Metropolis strengthens UP presence with acquisition of Scientific Pathology

📝 Indian startups raise $1.65 bn in February, median valuation at $83.2 mn

📝 Ikea begins online delivery in Delhi-NCR, nine other North Indian cities

📝 Piramal Enterprises gets Rs 1,502 crore tax notice

📝 Relevance of gold as asset class to rise in coming years: CEA Nageswaran


*Economic Times :*

📝 L&T secures new power transmission orders in India, overseas

📝 Indian Railway Finance Corp becomes 26th CPSE to achieve Navratna status

📝 Jupiter Electric Mobility expects Rs 100 cr revenue from electric light CV biz in 1st year

📝 Hindustan Power signs MoU with Assam govt for Rs 620-cr projects

📝 US tariffs will likely dent growth prospects in Central Europe, S&P Global says

📝 Mumbai-based real estate player Pranav Constructions files DRHP for IPO

📝 Saab wins $159 million cruise missile upgrade order from Germany

📝 Singapore probes final destination of possible Nvidia chip servers

📝 Alpex Solar secures Rs 210 cr solar module supply order from SECI

📝 Tata Katcon leases 77,800 sq ft industrial space from Malpani Group in Pune’s Chakan

📝 Philip Morris weighs cigar sale amid smoke-free shift

📝 India’s white-collar job market sees 4% growth in February


*Mint :*

📝 India's power consumption grows slightly to 131.54 bn units in Feb

📝 Personal loan growth slows to 14.2% in January 2025, RBI data shows

📝 Paytm's OCL made investments in Singapore without reporting to RBI, says ED

📝 Coal e-auction prices remain muted; mjunction focus on international expansion: Official

📝 Ola Electric to cut around 1,000 jobs in restructuring exercise to reduce losses

📝 China tells its AI leaders to avoid US travel over security concerns

📝 Asia’s manufacturing gauges signal growth but outlook remains cloudy

📝 FDI drops 5.6 pc to USD 10.9 bn in Oct-Dec 2024

📝 Bajaj Finance allots NCDs worth ₹776.52 crore on private placement basis

📝 Airbus February Plane Output Seen Improving From Rough January

📝 Indian payments firm AGS Transact Technologies faces insolvency over alleged unpaid dues

*GIFT Nifty -55 pts (22130) from last trade 22185 ,*


Nikkei -36 pts ,
Hangseng +259 pts ,


Dow -670.20 pts ,Nsdq -65.03 pts, S&P
-71.57 pts , Bovespa Clsd , Ftse -112 pts , Dax -820 pts , Cac -151 pts , Crude @ $67.88 brl (-0.38), Brent @ $71.04 brl (-0.00) , Gold @ 2924.20 (+3.60), Silver $32.53 (+0.14), Euro @ $1.0611, JPY @ $149.60, INR @ 87.255




*Today's Corporate Action*
*5th Mar Ex Date*



ANANDRATHI
Bonus issue 1:1  
VKAL
Bonus issue 2:1  




*Today's Key Results/Board Meetings*
*05-Mar-25*
     

BEL
Interim Dividend    
FRANKLIN
General    
KONARKSY
Quarterly Results    
LICHSGFIN
General    
MMRUBBR-B
General    
RAJTUBE
General    
RETAIL
Preferential Issue of shares    
SATAGRI
General    
UNISON
Right Issue of Equity Shares;General  
VIVIDHA
Scheme of Arrangement

 
*Stock under F&O ban on NSE*
*05-March-25*

1 MANAPPURAM

🇮🇳India Daybook Stocks in News


*GE Vernova:* Company bags 3 orders worth ₹500 crore From Power Grid Corp. (Positive)

*Shalby:* Company has received reaffirmed/assigned credit ratings of [ICRA] A+ (Stable) from ICRA Limited for enhanced long-term fund-based and non-fund-based facilities. (Positive)

*Power Grid:* Company declared successful bidder for 3 projects to establish inter-state transmission system on build, own operate and transfer (BOOT) basis. (Positive)

*Welspun Specialty:* Company notified as L1 bidder for a project worth Rs 231.77 crore by BHEL (Positive)

*ABB India:* Company announced a strategic investment in UptimeAI, an AI startup. (Positive)

*Star Cement:* Company Declared Preferred Bidder for Limestone Block in Assam, Company Says Limestone Block in Assam Has 192.36 Million Tonnes Resource (Positive)

*Adani Wilmar:* Company to acquire G.D. Foods, owner of Tops. (Positive)

*RVNL:* Company has received a letter of acceptance from HPSEBL for developing distribution infrastructure in Himachal Pradesh's Central Zone. The project is valued at Rs 729.82 Cr. (Positive)

*Adani Ports:* Sustainalytics upgrades ESG risk rating – Adani Ports rated “Negligible” risk compared to previous “Low” risk rating, ranked second in the marine ports subindustry (Positive)

*Biocon:* Company received final approvals from the US FDA for Lenalidomide Capsules and Dasatinib Tablets. (Positive)

*IFCI:* Company allocated 8.07 crore equity shares to the Government of India (through President of India) on a preferential basis. (Positive)

*Refex Industries:* Refex eVeelz set to expands its EV Fleet with 1000 electric cars in Strategic Partnership with leading ride-hailing platform. (Positive)

*Piramal Enterprises:* Company's promoter group purchased 2,40,000 equity shares (Positive)

*Force Motors:* February Sales Up 46.3% at 3,600 Units Vs 2,461 Units (YoY) (Positive)

*PTC India:* ONGC Expands Renewable Energy Footprint with PTC Energy Acquisition (Positive)

*Oil Downstream companies:* Brent oil slips below $70/bbl for first time since October. (Positive)

*RDB Infrastructure:* Company sold a non-agricultural land plot measuring 10667.52 sq. mtrs for Rs. 60 Cr. (Positive)

*JSW Energy:* Competition Commission of India (CCI) approves acquisition of KSK Mahanadi Power Company by the company (Neutral)

*IKIO Lighting:* Company has changed its name to IKIO Technologies Ltd, effective March 4, 2025 (Neutral)

*Dr Reddy’s:* Company sells 14-drug portfolio to Senores Pharma for US market expansion (Neutral)

*Viceroy Hotels:* Company received a demand notice from Southern Power Distribution Company of TS Ltd for Rs. 3.55 cr as cross-subsidy surcharge for FYs 2005-06 to 2014-15. (Neutral)

*Coforge:* Board approves stock split in the ratio of 1:5. (Neutral)

*Grasim Industries:* Company commences commercial production of Birla Opus Paints plant at Mahad, Maharashtra. (Neutral)

*Paramount Cosmetics:* Company has received credit ratings from CARE Ratings Ltd. for its banking facilities. CARE B rating; Stable outlook. The amount rated was Rs. 8.23 Cr. (Neutral)

*Hubtown Ltd:* Company is on track to complete its major Ghatkopar project (Neutral)

*Saint-Gobain:* Jeyendran Jayaseelan resigns as Chief Financial Officer of the company w.e.f. March 25, 2025. (Neutral)

*Ashiana Ispat:* Company’s Secretary and Compliance Officer, Mr. Harun Rashid Ansari, resigned. (Neutral)

*Avenue Supermarts:* Company opened a new store in Kodad, Telangana. The company now operates 392 stores. (Neutral)

*Walchandnagar:* Company approved acquiring a 60.3% stake in Aicitta Intelligent Technology, a defense R&D firm, for up to Rs 16 crore. (Neutral)

*APL Apollo Tubes:* CARE Ratings has reaffirmed and withdrawn the outstanding ratings of 'CARE AA; Positive. (Neutral)

*Rajoo Engineers:* Company’s board approved raising up to Rs. 225 Cr through QIP. (Neutral)

*Apollo Hospitals:* Company plans to commission a comprehensive Oncology centre at a cost of ₹250 cr (Neutral)

*Pentagon Rubber:* Company appointed Mrs. Priyanka Sharma as Company Secretary, Compliance Officer, and Key Managerial Personnel effective March 04, 2025. (Neutral)

*Suryoday Small Finance:* Bank announced the resignation of Mr. Himanshu Mishra, Chief Business Officer, and effective April 15, 2025. (Neutral)

*Ambuja Cements:* CCI clears Company' acquisition of Orient Cement. (Neutral)

*MEP Infrastructure:* Company announced the resignation of its Company Secretary & Compliance Officer, Mr. Vikram Mukadam (Neutral)

*Hinduja Global Solutions:* CRISIL has downgraded Company's credit rating. Downgraded from CRISIL A+/Stable to Crisil A/Stable.

*Ola Electric Mobility:* Company received a letter from IFCI Ltd regarding a milestone not being met in the PLI ACC scheme. The company is working with relevant authorities to respond.

SOURCE : DSP
@ALLIESFIN
https://x.com/AlliesFin9/status/1897201649657282809

*News Headlines from Business News Agencies:*

*Business Standard*

📝 TSMC to invest $100 bn in US expansion on strong customer demand: CEO
📝 RBI set to ask lenders to tighten gold loan processes, monitor fund usage
📝 M&M ranks in top 1% of S&P Global's corporate sustainability assessment
📝 Blue Star to invest ₹400 cr in capacity expansion, eyes 20% growth in FY26
📝 Microfinance firm CreditAccess says asset quality, overdue loans moderating
📝 CorporatEdge raises Rs 100 cr equity fund from Carpedium Capital for growth
📝 Kalyani Powertrain, Compal partner to make 'X86 platform' servers in India
📝 Viacom18 and Walt Disney merger effect: Jio to lay off 1,100 employees
📝 Expect India to keep doing well irrespective of geopolitics: GIC execs
📝 German firm Infineon inks pact with CDIL to supply chips for semiconductors
📝 Ola Electric becomes first 2W EV manufacturer to bag PLI incentives
📝 Fertilisers and Chemicals Travancore in talks to buy phosphate from Togo
📝 BPTP Group logs Rs 1,500 crore bookings on Day 1 of Gurugram luxury project

*Economic Times*

📝 Walmart asks China suppliers for price cuts on Trump tariffs, Bloomberg News reports
📝 AstraZeneca gets nod to import, sell hyperkalaemia treatment drug in India
📝 Auto registrations across categories drop in February amid weak consumer sentiment: FADA
📝 India's renewable energy sector hit by weak demand, cancellations, report says
📝 Britannia Industries CEO Rajneet Kohli resigns
📝 MapMycrop raises Rs 15.7 crore in seed funding for agritech expansion
📝 Automobile retail sales drop 7 pc in Feb amid slowing demand: FADA
📝 Nayara Energy to make buyback offer to minority shareholders
📝 Vikram Solar to manufacture solid-state cell and battery
📝 German firm Infineon signs pact with CDIL to supply chips for power semiconductors
📝 India bought Rs 1.5 lakh crore worth of Russian oil since Ukraine war
📝 US crude exports to India hit over 2-yr high in Feb as Russia sanctions bite

*Mint*

📝 GDP revision gives govt extra fiscal headroom for FY25 accounts
📝 INOX India bags multiple orders worth ₹190 crore
📝 Credit card growth slows in Jan, disbursement hits to four-year low: Report
📝 Tesla's India entry still in the realm of speculation: Volvo Car India MD
📝 Infosys rolls out system intervention to ensure minimum 10-day work from office
📝 SpiceJet hit with fresh insolvency claims from Irish lessors and former pilot
📝 India, Thailand face higher US reciprocal tariffs risk, says Nomura
📝 Different flightpaths: Air India fortifying domestic network, IndiGo goes global
📝 Trent, ITC lead EPS cuts in February; Bharti Airtel, Hindalco see top upgrades
📝 Oil marketing companies rally as Brent crude price slips below $70
📝 Deloitte wants employees to come to office to get bonuses; India ops unaffected

🇮🇳 *India Daybook – Stocks in News*


*Kalpataru Projects:* Company has received new orders worth Rs 2,306 Crores. (Positive)

*TCPL Packaging Ltd:* Company inaugurated a new Greenfield facility in Chennai. (Positive)

*K&R Rail:* Company has signed MoU with Indian Port Rail, a public sector undertaking under the Ministry of Shipping, Government of India. (Positive)

*Firstsource Solutions:* Company Launches Agentic Ai Studio. (Positive)

*RITES:* Company has received a Letter of Acceptance for a project of Rs 27.96 cr. (Positive)

*Bharat Electronics:* Company bags additional orders worth Rs 577 crore since February 20, 2025. (Positive)

*Biocon:* Company’s arm collaborate to expand Insulin Aspart access in the United States. (Positive)

*RVNL:* Company bags orders worth Rs 156.35 crore from South Western Railway (Positive)

*Brigade Enterprises:* Company launches residential project ‘Brigade Altius’ in Chennai. The project has a revenue potential of Rs 1700 Crore. (Positive)

*Thomas Scott:* Company announced the allotment of 8,67,661 equity shares and 2,13,675 convertible equity warrants on a preferential basis at Rs 330 per share (Positive)

*Avenue Supermarts:* Company opened 4 new stores today in Chennai, Karnataka, Madhya Pradesh, and Punjab. (Positive)

*Aavas Financiers:* An open offer has been initiated for the acquisition of 20,739,711 fully paid-up equity shares, representing 26.00% of the expanded voting share capital, by Aquilo House Pte. Ltd. (Positive)

*IndiGo:* Company announces Europe debut, direct flights to Manchester & Amsterdam. (Positive)

*Power Grid:* Company declared as successful bidder for inter-state transmission system on build, own, operate and transfer (BOOT) basis (Positive)

*Hexaware:* Record new deal wins this quarter at $154m (Positive)

*Quess Corp:* Gets NCLT approval for Three-Way demerger. Next step include share allotment & listing of new entities (Positive)

*TCS:* Northern Trust expands collaboration with co to transform its securities services offering across 99 Markets (Positive)

*Jindal Stainless:* Company tendered its remaining 21.13% stake in JCL worth of Rs 194.9 crore. (Positive)

*Mukta Arts Limited:* Company Secretary & Compliance Officer, Hemal N. Pankhania (Neutral)

*Aarey Drugs:* Company announced the appointment of Kailash Chand Jethlia as Company Secretary and Compliance Officer, effective March 6, 2025. (Neutral)

*Laurus Labs:* Company is investing in its joint venture, KRKA Pharma, to establish a manufacturing facility. Amount Rs 83 Cr (Neutral)

*P N Gadgil:* Company opened a new store in Pimpri Chinchwad, Maharashtra on Mar 05, 2025. (Neutral)

*Entero Healthcare:* Company has invested Rs 17 Cr in Getwell Medicare Solutions Pvt Ltd's equity shares issued on a rights basis. (Neutral)

*PDS Ltd:* Company has announced the incorporation of a new subsidiary, Tritron Fashion FZCO, in the United Arab Emirates. (Neutral)

*Swiggy & Zomato: Indian retail group files antitrust case against quick commerce firms Zomato, Swiggy and Zepto. (Neutral)

*Quality Power:* Company has successfully acquired a 51% stake in Mehru Electrical & Mechanical Engineers Pvt. Ltd. (Neutral)

*Metropolis:* Company to acquire Agra based scientific pathology for Rs 83 crore. (Neutral)

*Titan:* Company has fully repaid ₹1200 Cr of Commercial Papers (CPs) issued on Feb 10, 2025 (Neutral)

*Sudarshan Pharma:* Company announced the resignation of Sachin Mehta as CFO (Neutral)

*ONGC:* Company has appointed of Shri Vikram Saxena as Director (Technology and Field Services). (Neutral)

*NMDC:* Government appoints Amitava Mukherjee as Chairman & Managing Director (CMD) on the board of the company w.e.f. March 6, 2025 (Neutral)

*Eris Lifesciences:* Company transfers its 100% holdings in 2 arms Eris Oaknet Healthcare & Aprica Healthcare to Eris Therapeutics for ₹862 crore. (Neutral)

*Tamilnad Mercantile Bank:* Revises one-year MCLR to 9.60% from 9.75%, effective March 7. (Neutral)

*Gold Financiers:* RBI set to ask lenders to tighten gold loan processes (Agencies). (Neutral)

*Hexaware:* Q4 revenue grows 2.9% qoq at Rs 3154 cr vs Rs 3135 cr (Neutral)

*Aarti Drugs:* Company received an administrative warning letter from SEBI for violating SEBI (Prohibition of Insider Trading) Regulations.

*Sandur Manganese:* Subsidiary received a demand notice with an amount of Rs 62.62 Cr.

*Mangalam Cement:* Company received a notice regarding mining lease payment for the period 2013-14 to 2023-24. The assessment order demands Rs. 11.26 cr.

*IGL:* CNG supply likely to be affected in select areas of West Delhi over weekend

*NHC Foods:* Apoorva Shah resigned as Chairman & Managing Director.

*IFL Ent:* Mr. Jitendra Vaishnav resigned as CFO & Managing Director.

*News Headlines from Business News Agencies :*


*Business Standard :*

📝 IBS Software to explore more biz opportunities in India's airline industry

📝 India eyes potential to become a hub for submarine cables, global backbone

📝 Hyundai's Rs 31,526 crore related-party transactions under scrutiny

📝 JSW group to raise Rs 1,487 crore for setting up EV unit in Maharashtra

📝 Waiting for a fair wind: Shadow bank risks persist despite RBI relief

📝 Alpha Tocol hands over first rear fuselage for LCA Mk1A to HAL: Centre

📝 PepsiCo plans to double India revenue in 5 yrs, invest in boosting capacity

📝 SolitAir to invest $25 mn in India's air cargo market this year: CEO

📝 AC companies likely to raise prices by 4-5% due to component shortages

📝 Insurance cos knock on Irdai door seeking more time to implement Bima-ASBA

📝 USFDA flags Granules India for storage, equipment lapses at Telangana plant


*Economic Times :*

📝 Global travel SaaS biggie seeks to spread wings in India, sets sights on airline loyalty programmes

📝 Haier aims for $2 billion sales in India in next 3-4 years, to invest Rs 1,000 cr in manufacturing

📝 Asus eyes 30 pc growth in consumer PCs driven by AI, gaming, content creation

📝 SolitAir to invest $25 million in Indian market this year: CEO Hamdi Osman

📝 DLF to invest Rs 6,000 cr to construct 75 lakh sq ft office, retail spaces in Gurugram

📝 India’s EU trade deal faces a costly hurdle due to strict laws

📝 Solar manufacturers demand duty protection from imported ingot, wafer

📝 FHRAI urges govt to delink food and beverage GST rates from room tariffs

📝 Maruti Suzuki partners with Hero FinCorp to expand car loan offerings

📝 Religare Enterprises withdraws NCLAT petition against CCI order favouring Burman group's stake buy

📝 JSW Energy completes KSK Mahanadi buyout ahead of May deadline


*Mint :*

📝 Bankers Race to Catch Up With EU Defense Goals in Stunning Reset

📝 BWH Hotels eyes growth in India with 100 properties in 5-7 years

📝 NaBFID in talks with the World Bank to boost infrastructure financing

📝 ONGC's OPaL exits from Dahej SEZ, eyes local market

📝 EU's aggressive environmental regulations biggest hurdles of FTA talks with India: GTRI

📝 Iraq fears power cuts as US ends sanctions waiver for electricity purchases from Iran

📝 Worker unions continue to protest despite ongoing wage revision talks: NMDC

📝 FHRAI urges govt to delink food and beverage GST rates from room tariffs

📝 NCLAT dismisses plea against resolution plan approval for Duncans Ind

📝 Playbook Partners to invest USD 20 million each in 12-15 companies over 2 years