Buzzing Stocks : Reliance Industries, Infosys, Axis Bank, LTIMindtree, Havells, HFCL, AstraZeneca, Jubilant Pharmova, Zaggle in focus on 17 January.
Results Today : Wipro, Tech Mahindra, SBI Life Insurance Company, ICICI Lombard General Insurance Company, Indian Hotels, Jio Financial Services, 5paisa Capital, Aether Industries, Concord Enviro Systems, Mamata Machinery, MRO-TEK Realty, Ponni Sugars (Erode), Rallis India, Ramkrishna Forgings, Sanathan Textiles, Seshasayee Paper & Boards, Supreme Petrochem, Steel Strips Wheels, Sterlite Technologies, and Swaraj Engines will announce their quarterly earnings on January 17
Results on January 18 : Kotak Mahindra Bank, RBL Bank, Can Fin Homes, Chennai Petroleum Corporation, DCM Shriram, Avantel, Netweb Technologies India, NHC Foods, and Sigachi Industries will release their quarterly earnings scorecard on January 18.
HFCL : The company has secured an advance work order worth Rs 2,501.30 crore for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network for BharatNet Phase III in the Punjab telecom circle, from Bharat Sanchar Nigam Limited (BSNL).
Bharat Petroleum Corporation : BPCL has executed a loan agreement of Rs 31,802 crore with a consortium of State Bank of India to finance projects planned at Bina. Other consortium members include Punjab National Bank, Union Bank of India, Canara Bank, Bank of India, and Export-Import Bank of India. The funds will be used for the development and operation of a petrochemical complex and refinery expansion at Bina.
Mastek : The company has appointed Umang Nahata as a Whole-Time Director, designated as Chief Executive Officer - Mastek Group, for a term of three years effective January 16, 2025.
One Mobikwik Systems : The company announced a strategic partnership with Piramal Capital & Housing Finance to provide personal loans to MobiKwik customers.
Jammu & Kashmir Bank : SEBI has issued an administrative warning letter to the bank for delayed submission regarding the appointment of the MD & CEO.
AstraZeneca Pharma India : The company has received permission from the Central Drugs Standard Control Organisation (CDSCO) to import pharmaceutical formulations of a new drug for sale or distribution under Form CT-20 for Eculizumab concentrate for solution for infusion (300 mg, 10mg/ml) (SOLIRIS). Eculizumab is indicated for the treatment of patients with Paroxysmal Nocturnal Hemoglobinuria (PNH) and atypical Hemolytic Uremic Syndrome (aHUS) to inhibit complement-mediated thrombotic microangiopathy.
Satin Creditcare Network : Dhiraj Jha has resigned as Chief Risk Officer of the company, effective January 16. The Board has appointed Vikas Wadhera as the Chief Risk Officer of the company, effective January 17.
Indian Railway Catering and Tourism Corporation (IRCTC) : The Board has appointed Sudhir Kumar as the Chief Financial Officer of IRCTC, effective January 16. At the time of appointment, Sudhir Kumar was GGM (Finance) at IRCTC.
Power Finance Corporation : The company's subsidiary, PFC Consulting, has transferred two subsidiaries—Gadag II and Koppal II Transmission, and Bijapur Rcz Transmission—to Power Grid Corporation of India and GR Infraprojects for Rs 13.23 crore and Rs 11.4 crore, respectively.
Suraksha Diagnostic : Amit Saraf has resigned as Chief Financial Officer of the company, effective February 15, 2025.
Indian Bank : The Government has appointed Binod Kumar as the Managing Director & Chief Executive Officer of Indian Bank for a period of three years. Hence, Binod Kumar has ceased to be the Executive Director of Punjab National Bank.
TVS Motor Company : The company announced its entry into Morocco in collaboration with its distribution partner, Hindi Motors. It is launching two-wheelers—TVS Ntorq 125, TVS Raider 125, and TVS Apache 160 and 200—in Morocco.
Bajaj Healthcare : The company has received exclusive rights for manufacturing, distribution, and sales of the finished formulation of the product Magnesium L Threonate (Magtein) in India from the rights holder, Threotech LLC. The brand Magtein by Threotech LLC has a sales value of approximately $438 million.
Panache Digilife : The company has signed a Manufacture and Supply Agreement with a global customer for the manufacture and supply of laptops.
Bank of India : A loan of $300 million for Bank of India has been arranged by CTBC Bank Co. and Standard Chartered Bank Plc, acting as mandated lead arrangers, underwriters, and book-running banks. The borrowing also includes a green shoe option of $100 million. Syndication was launched on January 8, 2025, and to attract global investors' attention, roadshows are being held on January 17 at Singapore and on January 20, 2025, at Taipei.
Jubilant Pharmova : The company’s subsidiary, Jubilant Cadista Pharmaceuticals Inc.'s solid oral formulations facility at Salisbury, USA, was inspected by the United States Food and Drug Administration (USFDA). USFDA has issued five observations, with no repeat observations. Going forward, the facility is not expected to manufacture any products as it has closed its manufacturing operations, as referenced in the previous disclosure dated April 18, 2024.
Zaggle Prepaid Ocean Services : Zaggle has entered into a customer service agreement with HT Media to provide the Zaggle Save (employee expense management & benefits). Further, the company has signed a propel service agreement with Neuroglia Health to provide the Zaggle Propel reward platform.
F&O Ban : Aarti Industries, Aditya Birla Fashion & Retail, Angel One, Bandhan Bank, Hindustan Copper, Kalyan Jewellers, L&T Finance, Manappuram Finance, RBL Bank.
