DR. REDDY'S LABORATORIES:
NEW PDT LAUNCHES, STRENGTHENED BASE BUSINESS TO DRIVE GROWTH; LONG-TERM EBITDA MARGIN AIM 25%, SEES 20% FOR FY27
NEW PDT LAUNCHES, STRENGTHENED BASE BUSINESS TO DRIVE GROWTH; LONG-TERM EBITDA MARGIN AIM 25%, SEES 20% FOR FY27
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β’ Supreme Court disposes of Fortis Healthcareβs Special Leave Petition challenging the Delhi High Court order on forensic audit.
β’ Forensic audit will proceed independently as directed by the Delhi High Court.
β’ IHH Healthcare reiterates that its 2018 acquisition of Fortis was transparent and fully regulated.
β’ IHH plans to increase its stake in Fortis to 51% over 3β5 years.
β’ IHH targets expanding Fortisβ capacity to 10,000 beds by 2031.
β’ Supreme Court disposes of Fortis Healthcareβs Special Leave Petition challenging the Delhi High Court order on forensic audit.
β’ Forensic audit will proceed independently as directed by the Delhi High Court.
β’ IHH Healthcare reiterates that its 2018 acquisition of Fortis was transparent and fully regulated.
β’ IHH plans to increase its stake in Fortis to 51% over 3β5 years.
β’ IHH targets expanding Fortisβ capacity to 10,000 beds by 2031.
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ARISINFRA SOLUTIONS: CO SUBSIDIARY SECURES DAAS ORDER FOR βΉ400 CRORE GDV TRANSCO UNO PROJECT IN KALINA, MUMBAI
ARISINFRA SOLUTIONS: CO. SECURES SERVICE ORDER WORTH βΉ400 CRORES FROM TRANSCON BELLAVIU PRIVATE LIMITED FOR DAAS SERVICES; ENGAGEMENT COMMENCES ON SEPTEMBER 29, 2026, FOR 18 MONTHS, EXTENDABLE BY MUTUAL CONSENT
INDO BORAX & CHEMICALS: CO COMPLETES ACQUISITION OF 64.26% STAKE IN KRONOX LAB SCIENCES
BHARAT PARENTERALS: CO BOARD APPROVES βΉ139 CRORE PREFERENTIAL ISSUE OF 9.13 LAKH SHARES AT βΉ1,522.85 EACH TO 15 INVESTORS
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OMAN PLANS TO MORE THAN DOUBLE OIL STORAGE CAPACITY AT DUQM
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ISRAELI PRIME MINISTER BENJAMIN NETANYAHU SAID ON TUESDAY THERE WERE SIGNS ISRAEL'S ENEMIES COULD TRY TO ATTACK AS THE COUNTRY'S ELECTION APPROACHES, WARNING THAT ISRAEL COULD REACH ITS ADVERSARIES "ANYWHERE, ANYTIME.
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INDIA'S ODISHA STATE CLEARS 19 INVESTMENT PROPOSALS WORTH 32.80B RUPEES
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π₯ JNK INDIA: SIGNIFICANT ORDERS
β’ Order Amount: βΉ100β300 Cr (company classifies it as βSignificantβ)
β’ Received 2 significant orders from an Indian customer.
β’ Order 1: Supply of complete Flare Package.
β’ Order 2: Installation, erection, commissioning & performance testing.
β’ Execution: 16 months for mechanical completion.
β’ Domestic project to be executed in India.
β’ Order Amount: βΉ100β300 Cr (company classifies it as βSignificantβ)
β’ Received 2 significant orders from an Indian customer.
β’ Order 1: Supply of complete Flare Package.
β’ Order 2: Installation, erection, commissioning & performance testing.
β’ Execution: 16 months for mechanical completion.
β’ Domestic project to be executed in India.
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BLOCK DEAK IN CUBE HIGHWAYS TRUST
Seventy Second Investment Co Sells 4.5 Cr Units (3.4% Stake) In Co For βΉ689 Cr
L&T Buys 97.8 Lk Units For βΉ150 Cr
White Oak Capital MF Buys 84.4 Lk Units For βΉ130 Cr
HDFC Standard Life Ins Co & ICICI Pru Life Ins Co Buy 68.32 Lk Units Each For βΉ105 Cr
Birla MF, HSBC MF, Kotak Mah Life Ins Co, Kotak Mah MF & Max NY Life Ins Buy 26.09 Lk Units Each For βΉ40 Cr
Units Were Sold At An Avg Price Of 153.3/Unit On BSE
Seventy Second Investment Co Sells 4.5 Cr Units (3.4% Stake) In Co For βΉ689 Cr
L&T Buys 97.8 Lk Units For βΉ150 Cr
White Oak Capital MF Buys 84.4 Lk Units For βΉ130 Cr
HDFC Standard Life Ins Co & ICICI Pru Life Ins Co Buy 68.32 Lk Units Each For βΉ105 Cr
Birla MF, HSBC MF, Kotak Mah Life Ins Co, Kotak Mah MF & Max NY Life Ins Buy 26.09 Lk Units Each For βΉ40 Cr
Units Were Sold At An Avg Price Of 153.3/Unit On BSE
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β’ Japan Credit Rating Agency upgrades outlook from Stable to Positive.
β’ Foreign Currency Long-Term Issuer Rating: βAβ with Positive outlook.
β’ Rating action reflects an improved assessment of the companyβs credit profile.
β’ Japan Credit Rating Agency upgrades outlook from Stable to Positive.
β’ Foreign Currency Long-Term Issuer Rating: βAβ with Positive outlook.
β’ Rating action reflects an improved assessment of the companyβs credit profile.
US PRESIDENT TRUMP: IRAN WILL NOT HAVE A NUCLEAR WEAPON AND IS FAILING VERY BADLY, NUCLEAR ISSUE WILL BE OVER WITH VERY SOON
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TRADERS CUT BETS ON OCTOBER FED HIKE; NOW SEE JUST ONE RATE HIKE BY YEAR-END AFTER WILLIAMS SAYS THERE IS βNO URGENCYβ TO ACT
MEDIATORS ARE RENEWING EFFORTS TO NEGOTIATE A SETTLEMENT BETWEEN THE UNITED STATES AND IRAN, DAYS AFTER PRESIDENT DONALD TRUMP REJECTED AN IRANIAN REQUEST TO REOPEN THE STRAIT OF HORMUZ AND RESTART TALKS TO END THE WAR, WITH NEGOTIATORS DUE TO GIVE OVER THE LATEST UPDATED COPY OF A POTENTIAL INTERIM AGREEMENT TO IRAN ON TUESDAY, ACCORDING TO TWO INDIVIDUALS BRIEFED ON THE TALKS. - FT