Govt Approves ₹13,040 Cr For Rail, Road Projects

MARKET BUZZ — KEY STOCK UPDATES

JSW Steel

• Street expects a large block deal soon — CNBC-TV18.

Adani Power

• FII selling largely over; fresh buying seen at HNI desk — CNBC-TV18.

Vimta Labs

• Street expects a corporate development soon, with potential M&A — CNBC-TV18.

Leap India

• Stock recovers from recent lows on strong buying flows at FII desk.

• A leading global FII has been an active buyer recently — CNBC-TV18.

CABINET MEET OUTCOME

Approves 3,352 cr for Kharagpur-Bhadrak fourth line

Approves 13,040 cr for rail, road projects

Approves 2,286 cr for Cuttack-Paradeep third, fourth lines

Approves 2,229 cr for Gummidipundi-Gudur third, fourth lines

Approves 1,583 cr for Bhadrak-Haridaspur fourth line

Approves 3,591 cr for 4-lane Muzaffarpur-Sitamarhi-Sonbarsa highway

Cabinet Meet Outcome

👉Cabinet Approves 4 Rail Projects Worth ₹9,500 Cr

👉Cabinet Approves Highway Project In Bihar Worth ₹3,591 Cr

PIRAMAL FINANCE: BOARD MEET ON 24 AUG TO CONSIDER FUND RAISING VIA EQUITY

ADITYA INFOTECH : BOARD APPROVED UPTO RS 1500 CR FUND RAISING VIA QIP OR EQUITY ISSUE

Bharti Airtel: 16.6 lakh shares change hands in a block deal

NITIN SPINNERS: INCREASES STAKE IN RENEWABLE ENERGY 🚀

• Acquired 95.68 lakh equity shares of CGE II Hybrid Energy on Aug 19, 2026

• Total holding increased to 2.57 Cr shares

• Stake in CGE II Hybrid Energy now stands at 7.36%

• CGE II Hybrid Energy is engaged in renewable energy generation

RBI: INDRANIL BHATTACHARYYA SAYS INTERMITTENT GEOPOLITICAL SHOCKS FUELLING SHARP BUT VOLATILE TWO-WAY MOVEMENTS IN GLOBAL OIL PRICES BLURRING NEAR-TERM OUTLOOK

RBI: INDRANIL BHATTACHARYYA SAYS ALTHOUGH CRUDE OIL PRICES HAVE RECENTLY EASED, IT REMAINS HIGHLY VULNERABLE TO ANY SUDDEN ESCALATION OF THE CONFLICT

RBI: MPC MEMBER KUMAR SAYS CONCERNS ARISING FROM THE WEST ASIA CONFLICT AND THE BLOCKADE OF STRAIT OF HORMUZ HAVE NOT RECEDED

FEDBANK FINANCIAL SERVICES:

CO BOARD TO CONSIDER ₹2,500 CRORE DEBT FUND RAISE ON AUGUST 25

SPOT GOLD EXTENDS GAINS, LAST UP NEARLY 2% AT $4,417.69/OZ

AUTOLINE INDUSTRIES: CO SECURES ₹110 CRORE ORDER FROM TATA MOTORS PASSENGER VEHICLES FOR HATCHBACK COMPONENTS (CO MCAP: 392 CR)

🚗 AUTOLINE INDUSTRIES: ₹110 CR TATA MOTORS ORDER WIN

• New business award from Tata Motors Passenger Vehicles for 4 hatchback components

• Annual incremental revenue potential: ~₹80 Cr

• One-time tooling revenue: ~₹30 Cr

• Total revenue potential: ~₹110 Cr

• Programme to ramp up as per customer production schedules & requirements

• Order highlights Autoline’s engineering, tooling & manufacturing capabilities

• Manufacturing to leverage Industry 4.0, automation, robotics & data-driven production systems

🏦 BANK OF INDIA: TIER-II BOND RATING REAFFIRMED AAA/STABLE

• Infomerics reaffirms Basel-III compliant Tier-II Bond Programme rating at IVR AAA/Stable

• Government of India holds 73.38% stake, supporting sovereign ownership

• FY26 operating profit up 4% YoY to ₹17,049 Cr; net profit up 14% to ₹10,527 Cr

• Q1FY27 operating profit up 26% YoY; net profit up 36% YoY

• Q1FY27 RAM loan growth: Retail +21% | Agriculture +19% | MSME +19%

• CRAR improved to 18.69% in Q1FY27 from 18.01% in FY26

• GNPA improved to 1.81% from 1.98%; NNPA at 0.51% in Q1FY27

• Strong network with 5,535 domestic branches and presence across 15 countries

MODI GOVT TO SEND A MINISTER TO A DIFFERENT UNIVERSITY EVERY DAY — AFTER NEET LEAK PROTESTS RATTLE GEN Z

GADKARI SLAMS HIGHWAY CONSULTANTS AS 'CULPRITS' BEHIND DEADLY ACCIDENTS — ACCUSES THEM OF USING GOOGLE FOR PROJECT REPORTS

3I INFOTECH:

CO RECEIVES EOW LETTER STATING COMPLAINT APPEARS CIVIL;

FRAUD AMOUNT ₹128 CRORE

📊 BSE: SIGNS AGREEMENT WITH MSCI TO EXPLORE INDEX DERIVATIVES

• BSE enters agreement with MSCI to explore launch of Futures & Options contracts linked to MSCI indexes in India

• Launch subject to regulatory approvals

• Initiative aims to provide investors new avenues to access & hedge Indian market exposure

• MSCI indexes are globally tracked benchmarks linked to >$21 Tn AUM as of Dec 2025

• Move expected to enhance India’s market accessibility and further develop the domestic capital market