·       Zuari Agro Chemicals - Television channel CNBC-TV18 in | CENTRE FOR RETAIL INVESTORS

·       Zuari Agro Chemicals - Television channel CNBC-TV18 in a tweet said that the company was looking at selling its stake in Mangalore Chemicals, without citing where it received the information.  Zuari Agro is talks to offload Mangalore Chemicals stake to Chambal Fertilisers; sale proceeds to be used to repay debt. Zuari Agro is holding 54% stake in Mangalore Chemical – Positive for Zuari Agro

·       United Spirits - Liquor giant Diageo Plc’s Indian arm is a standoff with government officials over price caps that have already cost the company almost $9 million in sales, and some say might backfire. United Spirits has halted whiskey sales in a number of states yet to budge on price caps despite rising inflation – we are long term positive
·       Lupin has received approval from the Medicines and Healthcare products Regulatory Agency (MHRA) UK to market a generic version of Spiriva . Tiotropium is used to relieve wheezing, shortness of breath, coughing, and chest tightness in patients and company launch of Desvenlafaxine Extended-Release Tablets, an approval from the USFDA - positive

·       Mazagon Dock Shipbuilders and other ship builders stocks   - Financial Express newspaper reported that nation’s biggest submarine maker is eyeing potential orders of more than 1.59 trillion rupees from the Indian Navy – Positive for Mazagon Dock, Garden Reach, Cochi Refinery and may positive on Adani Ports highest port in India (12 Ports)
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·       Yes Bank  - Cerberus Capital Management are looking to place a joint bid for Yes Bank's Rs 48,000 crore worth of bad loans which are on sale. According to three people in the know, the race has entered its final stages, with the challengers looking to place a competing offer to beat JC Flowers & Co. by early September. – Bloomberg News – Avoid on Yes Bank due to poor fundamental.

·       Tata Motors Launches £375m Term Loan to Syndication, proceeds are partly for refinancing – Positive for re-financing its debt

·       Dredging Corporation - Brickwork Ratings has downgraded the rating with a revision in the outlook for the outstanding Tax-Free Bond issue of Rs58.88 crore of the company. Brickworks has revised the rating to ‘BWR A+’ with a Negative outlook. – Avoid

·       India Cumulative Monsoon Rainfall 8% Above Normal as of Aug. 26 - India has so far received 717.6 millimetres of rains during the current monsoon season, which runs from June through September, compared with a normal of 664.7 millimetres – Positive for Auto, FMCG sectors on expectation of improve demand.

·       Spandana Sphoorty – India Ratings and Research Private Limited (Ind-Ra) has affirmed Company's NCDs and Bank Loans at 'IND A/Stable’ worth Rs1300cr – Positive

·       Indiabulls Housing completion disposals of 100% stake in four of its subsidiary  for Rs580c. Namely Airmid Developers Limited, Mariana Developers Limited, Albina Properties Limited, and Flora Land Development Limited to an independent third-party buyer 'Elan Limited' for an aggregate sale consideration of Rs580 crore, -- Positive

·       Adani Group announced an open offer of Rs 31,000 crore on Friday to purchase a 26% interest in Swiss business Holcim's two Indian listed firms, ACC and Ambuja Cements. In May of this year, the Adani Group announced a deal to acquire a controlling stake in Holcim Ltd.'s Indian businesses for USD 10.5 billion.- Positive for ACC and Ambuja Cement

·       Shukra Pharma has considered and approved fund raising proposal by way of offer and issue of equity shares to the existing members of the Company on rights basis (Rights Issue), at such price and right entitlement ratio as may be decided by the Board members, for an amount aggregating up to Rs19 crore –Avoid

·       EaseMyTrip, one of India's major online travel tech companies, is the Asia Cup Cricket 2022's official co-powered sponsor. EaseMyTrip is participating in the Asia Cup for the first time. –positive