NEW DELHI Here is a list of the top ten stocks that may appear in the news on Thursday:
RIL: Retail oil conglomerate Reliance Industries Ltd (RIL) is said to be in the running to acquire Debenhams, a British multinational retailer that operates department stores in the UK with franchise stores in other countries, Sky News reported.
HDFC: The mortgage lender Housing Development Finance Corporation Ltd (HDFC) said Wednesday that it will increase to ₹Rs 5,000 crore by issuing bonds on a private placement basis. The issue size of the guaranteed and exchangeable Non-Convertible Notes (NCD) will be ₹Rs 2,500 crore with the option to retain the subscription in excess of up to ₹Rs 2,500 crore, HDFC Ltd said in a regulatory filing.
Sun Pharma: Sun Pharmaceutical Industries, Inc., a wholly owned subsidiary of Sun Pharmaceutical Industries Ltd., is voluntarily recalling a batch of RIOMET ER ™, due to the level of N-nitrosodimethylamine (NDMA), which has been found to be above the acceptable daily allowance . Intake limit set by the US FDA NDMA is classified as a probable human carcinogen (a substance that could cause cancer) based on the results of laboratory tests.
Tata Chemicals, Tata Motors DVR: Tata Sons Pvt Ltd on Wednesday bought shares of Tata Chemicals and Tata Motors DVR through open market transactions. According to the massive transaction data on NSE, Tata Sons purchased shares of Tata Chemicals for ₹Rs 63.56 crore and Tata Motors DVR shares for ₹22.51 crore.
TCS: Tata Consultancy Services (TCS) and Yale University have jointly announced the launch of a new off-grid private network platform that uses blockchain, which could help ensure privacy and trust in peer-to-peer digital networks. .
Zydus Wellness: The company’s board of directors approved a QIP issuance to raise funds. While the board is scheduled to meet on September 28 to decide the issue price, it has set the minimum price at ₹1,775.85 per share of capital.
Ircon International: The engineering and construction company has won contracts worth ₹400 crore from the Ministry of Railways. “Ircon International Limited has insured works for a total of 9 Road Over Bridges (ROB) valuing more than ₹400 million rupees from the Ministry of Railways of the Government of India, “the company said in a report to the BSE.
Jindal Steel: ICRA has reaffirmed the ratings of Jindal Steel and Power Ltd (JSPL) banking facilities and non-convertible bonds due to its strong independent operating performance in fiscal year 21 despite subdued demand trends and challenging market conditions.
IIFL Values: The company agreed to buy an additional 6.25% stake in Trendlyne, it said in a regulatory document. After the acquisition, IIFL Securities Limited will own 20.55% of Trendlyne’s share capital on a fully diluted basis, it added.
Coal India: The state-owned company has concluded contracts for heavy earthmoving equipment worth more than ₹Rs 5.9 billion to increase production, its president, Pramod Agrawal, said on Wednesday. The miner is also planning a capital expenditure of ₹Rs 10,000 crore during the current fiscal year.
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