2022-01-06 06:32:01
Stocks in News*
*Thermax:* Concludes an order of Rs 545.6 crore to set up FGD systems in UP (Positive)
*Mahanagar Gas:* Life Insurance Corporation of India acquired a 2 percent stake in the company via open market transactions (Positive)
*NHPC:* Promoters Agreement has been signed between NHPC and GEDCOL for the formation of a joint venture company for the development of 500 MW floating solar power projects (Positive)
*Gautam Gems:* The company on January 13 will consider the Right Issue of equity shares (Positive)
*Palm Jewels:* The company on January 13 will consider the Right Issue of equity shares (Positive)
*Coal India:* India's coal production was 6.7% higher at 74.8 million tn in December (Positive)
*Bharti Airtel:* Subsidiary Airtel Africa Plc has received $159 million out of $176.1 m from the sale of its tower assets in Tanzania (Positive)
*Liquor companies:* Liquor companies are appealing to state governments to allow them to raise prices amid surging costs of inputs (Positive)
*Future Retail:* Wins Halt on Amazon Arbitration Process on Appeal. (Positive)
Munjal seeks arbitration proceedings (Neutral)
*HDFC Bank:* The private sector lender has sold Rs 2,188 crore of distressed retail loans to asset reconstruction companies (Neutral)
*Union Bank:* Starts lending in alternate reference rate (Neutral)
*Ganesha Ecosphere:* MCAP India Fund sold 2.5 lakh equity shares in the company at Rs 535.73 per share on the NSE. (Negative)
*Vishwaraj Sugar:* S K Growth Fund sold 10 lakh shares in the company at Rs 25.35 per share on the NSE. (Negative)
*Orient Green:* Axis Bank offloaded 38 lakh shares in the company at Rs 22.4 per share on the NSE. (Negative)
*Fortis:* Emqore seeking more than $6.5b in damages from defendants; IHH says Emqore claim linked to Indian unit Fortis (Negative)
*Future Retail:* Misses $403 Million Debt Payment, ET Says (Negative)
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