🇮🇳 *India Daybook*
🔹 *Stocks in News*
*Axis Bank:* Company to acquire Citigroup's India consumer business for $1.6 bn in all-cash deal. (Positive)
*Mangalam Cement:* Promoter Vidula Consultancy Services acquired 2.26 lakh equity shares (Positive)
*Godrej Properties:* The real estate developer has acquired a nine-acre land parcel in the residential micro-market of Pimpri-Chinchwad in Pune (Positive)
*Nazara:* Subsidiary Nazara Pte Ltd will invest $2.5 million in BITKRAFT Funds. (Positive)
*Hindustan Motors:* Says in Pact with Hiranandani for 50 Acrs land. (Positive)
*Info Edge India:* Unit Invest INR1.37b in 4B Networks in All-Cash Deal, Increases Stake to 57.16% (Positive)
*Pidilite:* Says Unit to Invest INR60m in Finemake Tech for 5% Stake (Positive)
*Sundram Fasteners:* Gets Nod for PLI Scheme, to Invest INR3.5b for Making Advanced Automotive Parts (Positive)
*Tata Motors:* TPG Rise Invests INR37.5B in Tata Motors through Pref Shares (Positive)
*HAL:* Company received order worth of Rs 3890 crore for 15 Light Combat Helicopters. (Positive)
*Bharti Airtel:* Company has added 7.14 Lakh users in January as compared to 4.75 Lakh users on a month-on-month basis. (Positive)
*Cosmo Films:* Announced expansion by setting up CPP film production line at Aurangabad with annual rated capacity of 25,000 MT (Positive)
*Route:* SBU for short codes/10 DLC/toll free messaging and intends to scale it globally for P2A messaging (Positive)
*Tata Steel:* Tata Steel transferred its entire stake in Tata Steel Special Economic Zone Limited to Tata Steel Utilities (Neutral)
*United Spirits:* Strategic Review Of Brands Still On, Expected To Complete By May 31 (Neutral)
*Hero Motocorp:* To Increase Ex-Showroom Prices By Up To Rs 2,000 From April-5 (Coming Tuesday) (Neutral)
*State Bank of India:* The board has given approval for buying 13.82 percent stake in SBI Global Factors (Neutral)
*InterGlobe Aviation:* Jiten Chopra has resigned as Chief Financial Officer (CFO) of the company. (Neutral)
*Max Healthcare:* The block deal will happen today. Kayak Investment will sell $500 m worth of shares through a block deal in Max Healthcare. (Neutral)
*Stylam Industries:* Abakkus Growth Fund-2 bought 3,13,896 equity shares in the company. (Neutral)
*RBL Bank:* Integrated Core Strategies (Asia) Pte Ltd bought 40,36,189 equity shares in the bank. (Neutral)
*Bharat Forge:* Says Panel to Consider Fund Raising Plan April 2 (Neutral)
*GMR Infrastructure:* GMR Enterprises Sold 18m Shares of GMRI on March 28 (Neutral)
*Reliance Industries:* Reliance Jio also lost 93.2 Lakh users in January as against 129 lakh users on-month. (Neutral)
*Orient Green:* Janati Bio Power sold 50 lakh equity shares in the company (Negative)
*Virescent Renewable:* Larsen & Toubro sold 20 lakh equity shares in the company (Negative)
🔹 *Stocks in News*
*Axis Bank:* Company to acquire Citigroup's India consumer business for $1.6 bn in all-cash deal. (Positive)
*Mangalam Cement:* Promoter Vidula Consultancy Services acquired 2.26 lakh equity shares (Positive)
*Godrej Properties:* The real estate developer has acquired a nine-acre land parcel in the residential micro-market of Pimpri-Chinchwad in Pune (Positive)
*Nazara:* Subsidiary Nazara Pte Ltd will invest $2.5 million in BITKRAFT Funds. (Positive)
*Hindustan Motors:* Says in Pact with Hiranandani for 50 Acrs land. (Positive)
*Info Edge India:* Unit Invest INR1.37b in 4B Networks in All-Cash Deal, Increases Stake to 57.16% (Positive)
*Pidilite:* Says Unit to Invest INR60m in Finemake Tech for 5% Stake (Positive)
*Sundram Fasteners:* Gets Nod for PLI Scheme, to Invest INR3.5b for Making Advanced Automotive Parts (Positive)
*Tata Motors:* TPG Rise Invests INR37.5B in Tata Motors through Pref Shares (Positive)
*HAL:* Company received order worth of Rs 3890 crore for 15 Light Combat Helicopters. (Positive)
*Bharti Airtel:* Company has added 7.14 Lakh users in January as compared to 4.75 Lakh users on a month-on-month basis. (Positive)
*Cosmo Films:* Announced expansion by setting up CPP film production line at Aurangabad with annual rated capacity of 25,000 MT (Positive)
*Route:* SBU for short codes/10 DLC/toll free messaging and intends to scale it globally for P2A messaging (Positive)
*Tata Steel:* Tata Steel transferred its entire stake in Tata Steel Special Economic Zone Limited to Tata Steel Utilities (Neutral)
*United Spirits:* Strategic Review Of Brands Still On, Expected To Complete By May 31 (Neutral)
*Hero Motocorp:* To Increase Ex-Showroom Prices By Up To Rs 2,000 From April-5 (Coming Tuesday) (Neutral)
*State Bank of India:* The board has given approval for buying 13.82 percent stake in SBI Global Factors (Neutral)
*InterGlobe Aviation:* Jiten Chopra has resigned as Chief Financial Officer (CFO) of the company. (Neutral)
*Max Healthcare:* The block deal will happen today. Kayak Investment will sell $500 m worth of shares through a block deal in Max Healthcare. (Neutral)
*Stylam Industries:* Abakkus Growth Fund-2 bought 3,13,896 equity shares in the company. (Neutral)
*RBL Bank:* Integrated Core Strategies (Asia) Pte Ltd bought 40,36,189 equity shares in the bank. (Neutral)
*Bharat Forge:* Says Panel to Consider Fund Raising Plan April 2 (Neutral)
*GMR Infrastructure:* GMR Enterprises Sold 18m Shares of GMRI on March 28 (Neutral)
*Reliance Industries:* Reliance Jio also lost 93.2 Lakh users in January as against 129 lakh users on-month. (Neutral)
*Orient Green:* Janati Bio Power sold 50 lakh equity shares in the company (Negative)
*Virescent Renewable:* Larsen & Toubro sold 20 lakh equity shares in the company (Negative)