1. India Glycols increases capacity at the Kashipur plant with a grain distillery of 100 KLPD, bio-fuel ethanol of 180 KLPD, and 2,500 MT/year for value-added chemicals.
2. Reliance Industries Ltd plunged over 3% amid high geopolitical tensions that saw its market value drop by Rs 66,819.76 crore.
3. Andhra Cements Ltd’s Board has approved a Draft Letter of Offer for rights issue amounting to Rs 180 crore.
4. Indian Railway Catering & Tourism Corporation Ltd. appoints Gaisingam Kabui as CFO, effective October 1.
5. India Glycols to enhance capacity of its Kashipur, Uttarakhand grain-based distillery by 100 KLPD; completes projects to enhance ethanol production by 200 KLPD and reduce its dependency on cane molasses.
6. Kotak Mahindra Bank aims to be positioned among India’s top three banks by 2030 – through growth and strategic M&A opportunities.
7. Kotak Mahindra Bank said it had paid a final dividend of Rs 2 for the year 2024, and was ex-and record date July 19.
8. The RBI flags irregular practices in gold loans, but has given lenders three months to comply affecting the growth of lending in gold loan, say analysts
9. Jefferies maintains Buy on PB Fintech with a target price at $1,800, while highlighting plans for an investment of $100 million in a venture in healthcare.
10. IREDA reports Q2 loan sanctions up 303% YoY to 17,860 cr and disbursements up 56% YoY to ₹9,787 cr.
11. Investec initiates coverage on Aadhar Housing Finance with a Buy rating and a target price of ₹600, which translates into a potential upside of 28%.
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Source: Google Google News NSE BSE
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