Here are stocks that are in the focus today:
Results on August 5: Indian Hotels Company, Berger Paints (I), Hindustan Oil Exploration Company, KEI Industries, Vishnu Chemicals, Entertainment Network (India), Butterfly Gandhimathi Appliances, Dwarikesh Sugar Industries, Action Construction Equipment, Usha Martin Education, Kamat Hotels (I), Mangalam Cement, Orient Green Power Company, Venky’s (India), Nath Bio-Genes (India), Bombay Dyeing, SRF, Jindal Stainless, Agri-Tech (India), Vesuvius India, Arvind SmartSpaces, Hexa Tradex, Nesco, Simplex Projects, Asian Hotels (East), Majesco, GP Petroleums, Standard Industries, Sundaram Finance Holdings, CL Educate, Dilip Buildcon, PNB Gilts, Cosmo Films, Indian Bank, Monte Carlo Fashions, Techindia Nirman, Torrent Power, Parenteral Drugs, Piramal Phytocare, Hinduja Global Solutions, Khandwala Securities, Seya Industries.
Adani Power: Company completed the acquisition of GMR Chhattisgarh Energy Ltd.
Adani Green Energy: Stepdown subsidiary Adani Renewable Energy has part commissioned 100 MWac capacity in Rajasthan out of 200 MWac solar power project.
Spice Mobility: Subsidiary Spice VAS (Africa) Pte. Limited executed a share purchase agreement whereby SVA has agreed to transfer 100 percent stake in its wholly-owned subsidiary, SVA (Mauritius) Private Limited to Karma Trust Group. Consequently, SVAM will cease to be a subsidiary of SVA and step down subsidiary of the company.
Rollatainers: Darshan Prasad Yadav has resigned from the position of Chief Financial Officer.
Filatex India: Board approved the proposal of raising of funds up to an amount of Rs 250 crore.
Karnataka Bank: Lender ties up with FISDOM, an online platform for sale of mutual funds.
Reliance Industries: Subsidiary Reliance Industrial Investments and Holdings entered into an agreement for the acquisition of equity shares of Shopsense Retail Technologies Pvt. Ltd. (Shopsense or Fynd), the software technology company, for a cash consideration not exceeding Rs 295.25 crore.
Sarda Energy: Board approved, seeking approval of the shareholders for raising of funds up to an amount not exceeding Rs 1,000 crore through equity/equity related instruments.
Anuh Pharma: Company received approval from WHO – Geneva Prequalification that the Prequalification Inspection Group has recommended that the API’s Pyrimethamine, Pyrazinamide, and Sulfadoxine can be considered to be compliant with the standards of Good Manufacturing Practices (GMP) for Active Pharmaceutical Ingredients (APIs) published by the World Health Organisation (WHO) for manufacturing and packaging of APIs by chemical synthesis.
Tata Power and Tata Motors: Both joined hands to set in motion electric mobility infrastructure in India.
Dewan Housing: Company defaulted NCD interest payment of Rs 49.3 crore on August 3 and Rs 42.8 crore on August 2.
Jet Airways: Expression of Interest (EoI) submission deadline extended to August 10.
SBI, UCO Bank, United Bank of India, Bank of Baroda, Oriental Bank of Commerce, PNB, Corporation Bank: RBI slaps a fine of Rs 50 lakh, Rs 1 crore, Rs 1 crore, 50 lakh, Rs 1.5 crore, Rs 50 lakh, and 1 crore respectively for delay in reporting fraud.
Reserve Bank of India also imposed monetary penalty on seven banks: Allahabad Bank (Rs 2 crore), Bank of Baroda (Rs 1.5 crore) Bank of India (Rs 1.5 crore), Bank of Maharashtra (Rs 2 crore), Indian Overseas Bank (Rs 1.5 crore), Oriental Bank of Commerce (Rs 1 crore), Union Bank of India (Rs 1.5 crore).
Jubilant Life: Company raised Rs 40 crore via commercial paper.
Cox & Kings: Company defaulted on Rs 100 crore worth commercial papers.
Manpasand Beverages: Company appointed Batliboi & Purohit as statutory auditors.
Punjab & Sind Bank: Lender reported a Rs 40.49 crore fraud to RBI.
NIIT: Board will consider June quarter earnings and proposal for buyback of equity shares of the company on August 10.
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