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Stocks in news: Zomato, Paytm, HAL, Som Distilleries, Adani Enterprises, TCS

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June 18, 2024
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Stocks in news: Zomato, Paytm, HAL, Som Distilleries, Adani Enterprises, TCS
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Domestic indices Sensex and Nifty hit their new closing lifetime highs on Friday, following buying in market heavyweights. In today’s trade, shares of Zomato, Paytm, HAL, Som Distilleries, Adani Enterprises, TCS among others will be in focus due to various news developments.

APL Apollo Tubes
The National Company Law Appellate Tribunal (NCLAT) has directed the NCLT to hear afresh the insolvency plea filed by APL Apollo Tubes against one of its purchasers of goods.

RIL
Reliance Jio’s technology and telecom industry collaboration with TM Forum has seen an 80% increase in resource contribution from its members, chairman Akash Ambani said.Som Distilleries
Police said on Monday they had launched an investigation into Som Distilleries and Breweries after the government’s child rights agency announced it had found children working at a distillery.Mahindra Lifespace
Realty firm Mahindra Lifespace Developers Ltd is targeting a sharp increase in its annual sales of housing properties and industrial space to Rs 8,000-10,000 crore by 2027-28 fiscal on rising demand.

Lupin
Drug maker Lupin said it has entered contract development and manufacturing organisation (CDMO) business, with newly formed subsidiary, Lupin Manufacturing Solutions (LMS).

Vodafone Idea
Vodafone Idea (Vi) may offer more shares in future to its vendors, including two European network vendors-Finland’s Nokia and Sweden’s Ericsson-to clear its remaining legacy operational dues, analysts said.

Hindustan Aeronautics
Hindustan Aeronautics Limited (HAL) said the Defence Ministry has issued a request for proposal (RFP) for 156 light combat helicopters (LCH).

Alembic Pharma
Alembic Pharma received a final FDA approval for Icatibant injection, 30 mg/3 mL (10 mg/mL) single-dose prefilled syringe.

Zomato, Paytm
Online food delivery platform Zomato said on Sunday that it is in talks with Paytm to acquire the financial technology company’s movies and events business.

Zydus Life
USFDA has classified Zydus Life’s injectable manufacturing unit At Pharmez SEZ, Matoda unit as official action indicated.

Biocon
USFDA has issued three observations for Biocon’s API facility (Site 6), located at Visakhapatnam, Andhra Pradesh.

Wipro
Wipro extended its partnership with Hanesbrands, an apparel brand, to further drive its digital transformation, business growth, and enhance long-term profitability.

TCS
A US court has ruled that Tata Consultancy Services is liable for misappropriation of trade secrets and levied penal charges of around $194 million on the IT major.

Bharti Airtel
Bharti Airtel prepaid Rs 7,904 crore to the department of telecom to clear high cost deferred liabilities for spectrum acquired in 2012 and 2015.

IndiGo
IndiGo said it will receive a customised compensation from Pratt & Whitney for grounded planes due to unavailability of engines

Adani Enterprises
Adani Group’s promoter entities, including billionaire Gautam Adani raised their stake in the flagship entity Adani Enterprises by just over 2%.

Tags: Adaniadani enterprisesalembic pharmaapl apollo tubesbharti airtelbioconDistilleriesEnterpriseshalHindustan Aeronauticslupinmahindra lifespaceNewspaytmRILSomsom distilleriesstocksTCSWiprozomatozomato shares
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