🇮🇳🇺🇸 | US Ambassador To India On X

👉India Plans To Buy The Battle-tested Javelin Anti-Tank System

👉A Great Step Forward In US-India Defence Relationship, Opens Door To Co-pdn Possibilities

RELIANCE:

Reliance Jio Adds 24.46 Lk Subscribers In July

BHARTI AIRTEL:

Bharti Airtel Adds 26.88 Lk Subscribers In JULY

VODAFONE IDEA:

JULY NET MOBILE SUBSCRIBER ADDS 240,114

ACME SOLAR: CO RECEIVES LOI FOR 300 MW, AT A TARIFF OF RS. 6.00 PER KWH FOR ENTIRE PPA TENURE

Taiwan, India Signs MoU On Public Finance Cooperation

KARNATAKA BANK: Karnataka Bank Launches Capital Gains Accounts Scheme to Facilitate Efficient Tax Planning

POWER, COAL STOCK 🔴

45 INDIAN POWER PLANTS FACE CRITICALLY LOW COAL INVENTORIES

• 45 power plants now have coal stocks below critical levels, up from 31 at end-July

• 40 of the affected plants are domestic coal-fired plants

• Heavy rainfall in Odisha, Jharkhand and Chhattisgarh has disrupted mining and coal transportation

• Higher power demand is also accelerating coal consumption

• Coal inventories have fallen around 19% from end-July levels through August

• Some plants have less than 3 days of coal stock

WAAREE RENEWABLE: WINS EPC ORDER FOR 291 MWp SOLAR PROJECT + 280 MWh BESS

• Received Letter of Award from an Indian thermal power generating company

• Scope: EPC of 291 MWp ground-mounted Solar PV project with 280 MWh BESS

• Order Type: Commercial Order

• Execution: Scheduled for completion in FY 2027-28

• Promoter/Group Interest: None

VEDANTA IRON & STEEL: GST DISPUTE AMOUNT CUT SHARPLY TO ₹6.73 CR FROM ₹51.23 CR

📑 Subsidiary ESL Steel has received a Demand-cum-Show Cause Notice from the GST authorities in Ranchi.

💰 Amount under dispute has been reduced to ~₹6.73 Cr from ₹51.23 Cr disclosed earlier.

⚠️ Matter relates to alleged excess availment of Input Tax Credit (ITC) on import of goods during FY22 and FY23.

⚖️ ESL Steel is evaluating the notice and will take appropriate legal action within prescribed timelines.

✅ Company says it does not expect any material financial or operational impact.

🟢 Impact: Positive — sharp reduction in disputed GST amount significantly lowers the potential liability, while management expects no material business impact.

DEFENCE STOCKS : GOVt Says No Stakeholder Consultation Required For Exports Of Non-Lethal Defence Items

BHARAT FORGE : No Stakeholder Consultation Required For Exports Of Non-Lethal Defence Items : GOVT 🟢🟢

GENUS POWER: 40 LKH SHARES EXCHANGED VIA BLOCK DEAL, CLEAN OUT TRADE FROM POTENTIAL SELLER - CNBC-TV18

DEALING ROOM: CNBCTV18

SP APPARELS 🟢
• Leading domestic AIF buyer seen

SUGAR STOCKS 🔴
• Ex-mill sugar prices decline ~20%; retail prices also starting to fall, says Govt

CAPRI GLOBAL 🟢
• Leading global FII buyer seen

GENUS POWER 🟢
• 40 lakh shares exchanged via block deal
• Clean-out trade from potential seller

EPL 🔴
• Street expects a large block deal soon
• Company raised FY27 guidance in Q1

YATHARTH HOSPITALS 🟢
• Street expects a corporate development

DEALING ROOM: STOCK- NDTVPROFIT

KARUR VYSYA BANK 🟢
• Dealers expect positive newsflow
• Potential index inclusion seen as a trigger

KP GREEN 🟢
• Confirmed new orders worth ₹258 Cr

APL APOLLO 🟢
• Buying seen from a large HNI desk
• Dealers expect a report from an MNC broker

S CHAND 🟢
• Buzz of potential buyback announcement

NTPC 🟢
• Large DII reportedly accumulating in the stock

JG CHEMICALS 🟢
• Buzz of potential international acquisition

SAGILITY 🟢
• Buzz of potential global tie-up

KP GREEN ENGINEERING: WINS ₹258.02 CR NEW ORDERS

• Secured confirmed orders worth ₹258.02 Cr across multiple segments

• Solar Projects: ₹114.53 Cr

• Crash Barriers: ₹92.38 Cr

• Pre-Engineered Buildings: ₹33.76 Cr

• Transmission Towers: ₹15.42 Cr

• Poles & Highmast + Isolators: ₹1.93 Cr

• Cumulative confirmed order intake for FY27 rises to ₹497.64 Cr

FOREX DATA

Total Reserves In Week-Ended Aug 21, Up $12.42 Bn At $729.33 Bn

Foreign Currency Assets In Week-Ended Aug 21, Up $9.48 Bn At $591.33 Bn

ADVAIT ENERGY TRANSITIONS:

CO GUIDES FOR YEAR-END ORDER BOOK OF ₹1,600-1,650 CRORE; DHOLERA GIGAFACTORY PHASE 1 COMMISSIONING IN Q4 FY27

THOMAS COOK INDIA: STERLING HOLIDAY RESORTS OPENS 80TH RESORT IN BASTAR

• Sterling Holiday Resorts launches Sterling Naman Bastar in Jagdalpur, Chhattisgarh.

• This marks Sterling’s 80th resort in India and its first property in Jagdalpur.

• Resort spread across 3.21 acres with 45 rooms across five categories.

• Property includes dining, recreation and wellness facilities.

• Resort located on Chitrakote Road, offering access to key Bastar tourist destinations.

DHOOT TRANSMISSION: INVESTS ₹31.32 CR IN UK SUBSIDIARY

• Acquires 75,000 equity shares of Dhoot Transmission UK Limited.

• Investment of GBP 2.40 million (~₹31.32 Cr) at GBP 32 per share.

• Funds to be used for repayment/prepayment of borrowings and business expansion.

• FY26 turnover of Dhoot Transmission UK stood at ~₹87.74 Cr.

• Subsidiary to remain wholly owned.

KITEX GARMENTS: INDIA RATINGS DOWNGRADES CREDIT RATING ON ₹347.98 CR BANK FACILITIES

• India Ratings downgrades credit rating on bank facilities worth ₹347.98 Cr.

• Downgrade reflects significant decline in group profitability and subdued margins in FY26.

• Profitability impacted by partial absorption of US tariff-related costs.

• Slower ramp-up at Warangal unit and delays in order execution also cited.

• Debt-funded capex for KAPL led to deterioration in consolidated credit metrics during FY26.

• Net leverage expected to remain high from FY27, with gradual deleveraging.