STOCKS IN ACTION
17 MAY
Infosys: The company signs a pact with Telstra for Al-led engineering transformation.
Indoco Remedies: The USFDA successfully completed the inspection of its API Kilo Lab manufacturing facility at Rabale, Navi Mumbai, and Indoco Analytical Solutions division and concluded with zero Form 483 observations.
TVS Supply Chain Solutions: The company partnered with Manchester Metropolitan to lead Al innovation.
GE Power India: The company received a purchase order worth Rs 20 crore from Torrent Power for the repair and service of a steam turbine.
Vedanta: The board approved raising up to Rs 8,500 crore via equity and approved the investment in Vedanta Copper International for setting up a copper rod plant in Saudi Arabia.
Sanghvi Movers: The board approved splitting each share into two.
GMR Airports Infrastructure: The company recorded total passenger traffic at Rs 1.04 crore, up 7% YoY for the month of April and total aircraft movements at 67,267, up 4% YoY.
Garden Reach Shipbuilders & Engineers: The company received 16.5 million orders from the People's Republic of Bangladesh for the procurement of 01 No. Trailing Suction Hopper Dredger with spare parts.
Gail: The company entered into a 14-year charter with CoolCo for an LNG carrier to commence in early 2025. The company has the option to extend the charter by 2 years beyond the 14-year
period.
Dixon Technology: The company signed an MoU with Acerpure for the manufacturing of consumer appliance products.
IDBI Bank: RBI has approved the appointment of Pradeep Natarajan as Whole-Time Director, designated as Executive Director for 3 years.
CHEMPLAST SANMAR: CO SAYS CUSTOM MANUFACTURED CHEMICALS DIVISION OF CO SIGNS LOI TO MANUFACTURE AN ADVANCED INTERMEDIATE FOR NEW PIPELINE ACTIVE INGREDIENT; LOI COVERS A PERIOD OF 5 YEARS || COMMERCIAL SUPPLIES ARE EXPECTED TO START FROM CY2025
ITI: CO BAGS ORDER WORTH 375M RUPEES FOR SOLAR STREET LIGHT SYSTEMS IN BIHAR
RELIANCE INDUSTRIES: RELIANCE RETAIL AND ASOS PARTNER TO BRING ASOS OWN BRANDS TO INDIA || RELIANCE RETAIL WILL BE EXCLUSIVE RETAIL PARTNER FOR ASOS ACROSS ALL ONLINE AND OFFLINE CHANNELS IN INDIA - STATEMENT
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