❁Stocks❁ ❁Result❁& BREAKING News

2021-12-15 06:26:29 Deepak Nitrite: The company's board of directors will meet on December 22 to consider raising funds. ओपन / कमेंट

2021-12-15 06:26:07 SMS Lifesciences India: The company has executed a Share Purchase Agreement and Share-Subscription Agreement with ChemWerth Inc. USA, strategic investor and their associates on December 13, for divestment up to 10% shareholding in Mahi Drugs, and raising fresh equity in Mahi Drugs, on a private placement basis. ओपन / कमेंट

2021-12-15 06:25:46 Tamilnadu PetroProducts: CARE upgraded credit rating on the company's long-term bank facilities to A from A-, with a stable outlook. ओपन / कमेंट

2021-12-15 06:15:54 Insider Trades

Grasim Industries: Promoter Group IGH Holdings Pvt. Ltd. bought 65,000 shares between Dec. 9 and Dec. 10.

Mukand: Promoter Group Bachhraj & Company Pvt. Ltd. bought 17,625 shares between Dec. 9 and Dec. 10.

Ultramarine & Pigments: Promoter Group S Narayan sold 6,63,900 shares on Dec. 13.

Gujarat Flurochemicals: Promoter Group Inox Chemicals LLP sold 19,661 shares on Dec. 13.

Computer Age Management Services: Promoter Great Terrain Investment Ltd. sold 35 lakh shares or a 7.17% stake on Dec. 13. ओपन / कमेंट

2021-12-15 06:15:54 FSN E-Commerce Ventures:

Launches 'ModiFace', L'Oreal's AI-powered technology. Nykaa Fashion launches NA-KD, one of Europe's fastest-growing fashion brands in India. ओपन / कमेंट

2021-12-15 06:15:54 HDFC Mutual Fund:

Approved incorporation of a wholly owned subsidiary in Gujarat International Finance Tec-City in the name of HDFC AMC International (IFSC) Ltd. which will act as an investment manager to schemes to be launched under alternative investment funds from time to time, international funds, provide other investment advisory services and offer separately managed account. ओपन / कमेंट

2021-12-15 05:42:34 GR Infraprojects |

The company said the project "Development of Purvanchal Expressway (Package-IV) from Sidhi Ganeshpur to Sansarpur in Uttar Pradesh on EPC basis" has been provisionally completed. Subsidiaries GR Amritsar Bathinda Highway Private Limited and GR Ludhiana Rupnagar Highway Private Limited have executed the concession agreement with the National Highways Authority of India on December 14. ओपन / कमेंट

2021-12-15 05:42:34 Indian conglomerate Tata plans to reclaim ground in the beauty business it exited 23 years ago. ओपन / कमेंट

2021-12-14 19:35:18 *Subex, the Bangalore-based software company faces a targeted cyber-attack*

It informed SEBI about facing outages in their infrastructure as well as external-facing websites

Bangalore-based enterprise software company, Subex faced a targetted cyber-attack compromising around 10 per cent of their infrastructure along with certain data systems.

Subex informed the Securities and Exchange Board of India that the company had been facing outages in their infrastructure as well as external-facing websites over the course of last week.

“The Company thereby took immediate action by suspending access to protect its infrastructure and to identify the root cause. It has now been established that there was a targeted cyber-attack and around 10% of the infrastructure and certain data & systems have been impacted,” said Subex. ओपन / कमेंट

2021-12-14 14:10:34 Billionaire Gautam Adani’s realty unit in talks to buy Ozone Group

Billionaire Gautam Adani’s realty unit is in advanced talks to take over beleaguered Indian developer Ozone Group at an enterprise value of about $1 billion, according to people familiar with the matter.

Adani Realty Ltd. is seeking to take over the Bengaluru-based Ozone, which has an outstanding debt of more than 60 billion rupees ($790 million), one of the people said, asking not to be named as the information is not public. Ozone has ongoing projects in Mumbai, Bengaluru and Chennai, according to information available on its website.

A spokesman for Adani group declined to comment while Ozone group representatives didn’t respond to an email seeking comments

As part of this transaction, Adani’s 10-year-old developer arm will be taking over the debt of Ozone which has been struggling to repay creditors. Ozone has delivered 13.5 million square feet of real estate projects so far and has 48 million square feet in various stages of development, it said on its website.

No final decision has been reached, and the discussions could still fall apart, the people said.

The closely-held realty arm of the ports-to-power group, helmed by Asia’s second richest person, will look for more stressed real estate companies and land parcels, they said, to rapidly scale up the business.

Adani Realty has been developing residential and commercial projects of more than 69 million square feet across Indian cities of Ahmedabad, Mumbai, Gurgaon, Kochi and Mundra, according to to the group website ओपन / कमेंट