·         Vodafone Idea: Vi's board has approved fundraising w | SKM INVESTMENT

·         Vodafone Idea: Vi's board has approved fundraising worth Rs 436.21 crore via a preference issue. The company will issue 42.76 crore equity shares or warrants convertible into equity shares at Rs 10.20 apiece to its promoter and Vodafone Group company Euro Pacific Securities. - positive
·         Bajaj Auto: The Pune-based automaker will consider a share buyback proposal on June 27, days after it scrapped a previous plan do so - positive
·         IRB Infrastructure: The roads builder has received Rs 308 crore out of a total claim of Rs 419 crore from IRB Pathankot Toll Road. GPT Infraprojects: - positive
·         The company has bagged an order worth Rs 292 crore from East Coast Railway to build viaducts, major bridges, site facilities and other allied works.
·         GPT Infraprojects: The company has bagged an order worth Rs 292 crore from East Coast Railway to build viaducts, major bridges, site facilities and other allied works. – positive
·         DCB Bank: The lender has appointed Satish Gundewar as the chief financial officer to replace Bharat Laxmidas Sampat, who is retiring.- positive
·         BLS International: The company has signed an agreement with the West Bengal government for computerisation and e-governance of registration offices.- positive
·         HPCL - Moody’s Investors Service has affirmed HPCL’s Baa3 foreign currency issuer and senior unsecured bond ratings, Outlook on all ratings remains stable – Positive
·         TVS Motor, Hero Motocorp Electric two-wheeler sales in India grew 600 percent — almost seven times — in the first five months of 2022. But it’s not just the numbers that should make companies like TVS Motor, Honda Motorcycle and Scooter India (HMSI), and Hero MotoCorp pay attention.
·         JMC Projects secured new domestic orders totaling Rs874cr ion Indian rupees ($111.9 million), orders include civil works for a data center as well as for building and facilities in India. - positive
·         Matrimony.Com to buy-back shares at Rs1150 a shares worth Rs75cr or nearly 3.5% equity - Avoid
·         Carlyle Unit Acquires 24.04% Stake in Bharti Airtel Arm Nxtra - CA Cloud Investments, a unit of investment firm Carlyle acquired 24.04% equity stake in Nxtra Data, the data center business of telecom major Bharti Airtel at a valuation of $1.2bn – Positive
·         Zomato board likely to approve Blinkit acquisition - The Zomato board of directors will meet on June 24 and will likely approve the acquisition of Blinkit, a quick commerce startup. – Positive
·         Kalpataru Power have secured new orders transmission and construction of elevated viaduct & five elevated stations of Kanpur Metro Rail Project worth Rs2,290cr at consolidated level – positive
·         Delhivery - Logistics services provider Delhivery will expand its infrastructure in two Indian cities. Delhivery is working with Welspun to build a 700,000-square feet gateway in Greater Mumbai and with GMR to construct around a 1-million square feet facility in Bangalore. The facilities are expected to be operational by 2023 - positive
·         ICICI Bank raised interest rates by 5 basis points on fixed deposits below Rs 2 crore across certain tenors effective June 22.- positive
·         GAIL India plans to start distributed production of liquefied natural gas to meet demand from off-grid locations and transport sector, according to an emailed statement. Company has placed order for two small-scale natural gas liquefaction plants to start pilot production – positive
·         M&M Finance announced its partnership with BigHaat, India's leading Agri Digital Platform. This partnership will offer financial solutions to the informal Agri segment of India's workforce. Mahindra Insurance Brokers and BigHaat will together promote the Government of India's goal of higher insurance penetration in rural India – positive