The board of directors of Larsen & Toubro (L&T) has considered and approved a Scheme of Arrangement for amalgamation of L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of the company) with the company. L&T and the LTHE are operating in complementary/similar lines of business that can be conveniently combined for creation of a much stronger energy portfolio.

IndusInd Bank reported sharply higher profit at Rs 974.95 crore in Q1FY22 against Rs 460.64 crore in Q1FY21. Total interest jumped to Rs 9355.77 crore from Rs 8680.92 crore YoY.

InterGlobe Aviation posted a consolidated loss of Rs 3,174.2 crore in Q1FY22 against loss of Rs 2,844.3 crore in Q1FY21. Revenue from operations jumped 292.2% to Rs 3,006.9 crore from Rs 766.7 crore YoY. The company's CEO, Ronojoy Dutta said that financial results for the first quarter were severely impacted by the second wave of Covid-19.

RITES has secured a road sector consultancy work order for preparation of Detailed Project Report from National Highways and Infrastructure Development Corporation (NHIDCL) with a fee income of Rs 19.10 crore.

Bajaj Healthcare said that the meeting of the board of directors of the company is scheduled on 13 August 2021 to consider stock split of equity shares of the company.

K.P.R. Mill said that the board of directors of the company at its meeting held on July 27, 2021, approved sub-division of one equity share of Rs. 5 each into five equity share of Re. 1 each.

Larsen & Toubro (L&T) reported 287% rise in consolidated profit after tax to Rs 1174 crore on a 38% increase in revenue to Rs 29335 crore in Q1 FY22 over Q1 FY21. The company bagged orders worth Rs 26,557 crore at the group level during the quarter ended June 30, 2021 registering a growth of 13% over corresponding period of the previous year.

Tata Motors' consolidated net loss contracted to Rs 4,450.92 crore in Q1 June 2021 as compared to a net loss of Rs 8,437.99 crore in Q1 June 2020. Total revenue from operations soared 107.63% to Rs 66,406.45 crore in Q1 FY22 from Rs 31,983.06 crore in Q1 FY21. EBITDA margins improved by 570 bps to 8.3% in Q1 FY22 over Q1 FY21.

Axis Bank's net profit grew 94% from to Rs 2,160 crore in Q1FY22 from Rs 1,112 crore in Q1FY21. Net Interest Income (NII) grew 11% YOY to Rs 7,760 crore from Rs 6,985 crore in Q1FY21. The bank's operating profit for the quarter grew 10% YOY to Rs 6,416 crore while the core operating profit grew 13% to Rs 5,896 crore.

DLF reported consolidated net profit at Rs 337.17 crore in Q1FY22 against loss of Rs 71.52 crore in Q1FY21. Revenue jumped 92% to to Rs 1243 crore.

Biocon Biologics, a fully integrated biosimilars company and a subsidiary of Biocon, announced that U.S. based Adagio Therapeutics has granted an exclusive license to Biocon Biologics to manufacture and commercialize an antibody treatment based on ADG20 for India and select emerging markets.

Prataap Snacks informed that the commercial production at newly set up unit situated at Plot No. 5511, 5512 and 5513, Mouza - New Kolorah, District - Howrah, West Bengal has commenced yesterday, 26th July, 2021. The unit has been set up for production of extruded snacks, pellets and other snacks with a capacity of about 6,000 MT per annum.

Reliance Industries (RIL) reported 4.2% rise in consolidated net profit after tax (after exceptional item) to Rs 13806 crore on a 57.4% increase in revenue to Rs 158862 crore in Q1 FY22 over Q1 FY21. EBITDA increased by 27.6% to Rs 27,550 crore from Rs 21,585 crore in the corresponding quarter of the previous year due to robust performances across businesses, led by O2C and Digital Services.

ITC reported 28.6% rise in consolidated profit after tax to Rs 3013 crore on a 36.7% increase in net revenue to Rs 12133 crore in Q1 FY22 over Q1 FY21. Consolidated EBITDA rose 50.8% Y-o-Y (year-on-year) to Rs 3992 crore.

ICICI Bank reported 78% rise in net profit to Rs 4616 crore on a 18% increase in net interest income to Rs 10936 crore in Q1 FY22 over Q1 FY21.

Ambuja Cement reported 91.9% rise in consolidated net income to Rs 877 crore on a 51.82% increase in net sales to Rs 6899 crore in Q2 FY22 over Q2 FY21. Consolidated EBITDA rose 62.68% Y-o-Y (year-on-year) to Rs 1827 crore.

NTPC informed that based on achievement of approved norms and due approvals, the second unit of 800 MW capacity of Darlipali Super Thermal Power Project (2 x 800 MW) has successfully completed trial operation and consequently included in the installed capacity of NTPC. With this, the total installed capacity of NTPC and NTPC group has become 53450 MW and 66875 MW respectively.

IndusInd Bank said its board approved raising up to Rs 30,000 crore capital through debt securities or equity instruments or convertible debt securities in any permitted mode such as through Qualified Institutions Placement (QIP) / American Depository Receipts (ADRs) / Global Depository Receipts (GDRs) program, or combinations on a private placement basis thereof.

TVS Motor Company on Sunday announced the launch of BS-VI TVS NTORQ 125 with Race Tuned Fuel Injection (RT-Fi) in Nepal.

Shares of Zomato, one of the leading food services platforms in India in terms of value of food sold, will list on the bourses today, 23 July 2021. The issue price is Rs 76 per share.

Wipro launched FieldX, a cloud-based end-to-end digital service lifecycle automation solution built on ServiceNow's Now Platform. Using FieldX, manufacturing organizations can enhance and scale-up their after-sales customer service operations while reducing costs.

Hero MotoCorp on Thursday launched an advanced, 'connected', and feature-rich new Maestro Edge 125. The new scooter offers a connected and distinctive experience with its enhanced aesthetics, modern technology, and edgy design.

Tata Power Company signed Share Purchase Agreement (SPA) on 22nd July 2021 with Tata Power International Pte. (TPIPL), a wholly owned subsidiary of the company, for sale of 100% equity shares held in Trust Energy Resources Pte (TERPL), another wholly owned subsidiary of the company for a consideration of $285.64 million.

IndiaMART InterMESH reported consolidated total income to Rs 211 crore in Q1 FY22, up 13% y-o-y. Consolidated net profit rose 19% to Rs 88 crore as compared to Rs. 74 crore in Q1 FY21.

Mahindra Lifespace Developers informed that the board of directors of the company at its meeting scheduled on Wednesday, 28th July, 2021, shall, inter-alia, also consider, the proposal for issuance of bonus equity shares.

Allcargo Logistics said that the meeting of the board of directors of the company is scheduled on 6 August 2021 to consider the proposal for voluntary delisting of the equity shares of the company.

PSP Projects secured new work orders worth Rs 82.79 crore till date in the financial year 2021-22 for institutional and industrial projects from various clients.

On a consolidated basis, Bajaj Finserv (BFS) posted a 31.47% fall in net profit to Rs 832.77 crore on 1.7% decline in total income to Rs 13,949.45 crore in Q1 FY22 over Q1 FY21.

Bharti Airtel announced a collaboration with Intel for 5G network development by leveraging vRAN / O-RAN technologies. Airtel will deploy Intel's latest 3rd gen Xeon Scalable processors, FPGAs and eASICs, and Ethernet 800 series across its network to build a solid foundation for rolling out wide-scale 5G, mobile edge computing and network slicing.

Shares of Infosys will be in action. Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys and Santander UK, announced the roll out of Santander UK's international cash management platform as part of the bank's ongoing digital transformation programme.

Wipro and Celonis, the global leader in execution management, announced a partnership. As a part of this collaboration, Wipro will launch the Global Celonis Center to drive operations transformation for clients.

Shares of Cadila Healthcare will be in focus. Zydus Cadila has received tentative approval from the USFDA to market Ibrutinib Tablets, in the strengths of 140 mg, 280 mg, 420 mg and 560 mg (US RLD: Imbruvica Tablets). Ibrutinib belongs to a class of drugs known as kinase inhibitors and is used to treat certain cancers.

On a consolidated basis, ICICI Securities recorded a 61% increase in net profit to Rs 311 crore in Q1 FY22 as against Rs 193 crore in Q1 FY21 on account of growth in revenue and improvement in margins. The company reported consolidated revenue of Rs 748 crore in Q1FY22, against Rs 546 crore in Q1FY21, up by 37%, aided by strong all-round performance in equities & allied business, distribution business, distribution business, private wealth management business, as well as investment banking business.

On a consolidated basis, Syngene International's net profit soared 33.27% to Rs 77.30 crore on 41.01% increase in revenue from operations to Rs 594.50 crore in Q1 June 2021 (Q1 FY22) over Q1 June 2020 (Q1 FY21).

On a consolidated basis, Polycab India's net profit dropped 35.97% to Rs 75.26 crore on 92.55% rise in revenue from operations to Rs 1,880.51 crore in Q1 June 2021 (Q1 FY22) over Q1 June 2020 (Q1 FY21).

On a consolidated basis, ICICI Prudential Life Insurance Company reported a net loss of Rs 185.29 crore in Q1 FY22 as against net profit of Rs 286.86 crore in Q1 FY21. Total income declined 12.2% to Rs 16,724.05 crore in Q1 FY22 over Q1 FY21.

On a consolidated basis, Jubilant Foodworks' net profit stood at Rs 69.06 crore in Q1 June 2021 (Q1 FY22) compared with net loss of Rs 74.47 crore in Q1 June 2020 (Q1 FY21). Revenue from operations soared 129.95% to Rs 893.18 crore in Q1 FY22 from Rs 388.41 crore in Q1 FY21.

On a consolidated basis, CRISIL recorded 51.9% increase in net profit to Rs 100.8 crore on 12% rise in income from operations to Rs 528.51 crore in Q2 June 2021 over Q2 June 2020.

SRF said that a major part of the BOPP film line in Thailand has been commissioned and capitalized on 19 July 2021.

Granules India on Wednesday announced that its US-based wholly owned subsidiary Granules Pharmaceuticals, Inc. (GPI) cleared a pre-approval inspection (PAI) audit by the US Food and Drug Administration (USFDA) from 21 June 2021 to 25 June 2021.

HCL Technologies' consolidated net income rose 8.5% to Rs 3214 crore on 2.2% rise in total income to Rs 20068 crore in Q1 June 2021 over Q4 March 2021.

ACC's consolidated net profit soared 110.17% to Rs 569.45 crore on 49.29% surge in total revenue from operations to Rs 3,884.94 crore in Q2 June 2021 over Q2 June 2020.

Tata Steel Mining (TSML) and Jindal Stainless (JSL) signed a MoU on July 16, 2021 to jointly unearth the Chrome Ore locked up in the boundary between their mines located in Sukinda of Jajpur district, Odisha. Tata Steel Mining (TSML, formerly known as TS Alloys) is a 100% subsidiary of Tata Steel.

IndusInd Bank said that a meeting of the board of directors of the bank is scheduled to be held on Friday, July 23, 2021, to consider the proposal of raising funds through various modes.

City Union Bank said the board of directors of the bank approved raising further capital through QIP route to the tune of Rs 500 crore (including premium).

Zen Technologies was awarded a Rs 120-crore export contract. The simulators are the main focus of the order. The order will be carried out in roughly a year.

Shares of Reliance Industries (RIL) and Just Dial will be in focus. RIL through its retail arm Reliance Retail Ventures (RRVL) announced that it is acquiring a majority stake of 66.95% in local search engine company Just Dial for Rs 3,497 crore.

HDFC Bank reported 16.08% rise in standalone net profit to Rs 7,729.64 crore on 6.73% increase in total income to Rs 36,771.47 crore in Q1 FY22 over Q1 FY21.

Shares of GR Infraprojects will debut on the bourses today, 19 July 2021. The issue price was fixed at Rs 837 per share.

Shares of Clean Science & Technology will debut on the bourses today, 19 July 2021. The issue price was fixed at Rs 900 per share.

Shares of Tata Power and HPCL will be watched. Tata Power on Friday announced that it has signed an agreement with Hindustan Petroleum Corporation (HPCL) to provide end-to-end EV charging stations at HPCL's retail outlets (petrol pumps) in multiple cities and major highways across the country.

On a consolidated basis, the L&T Finance posted a 20% rise in net profit to Rs 177.85 crore on 11.6% decline in total income to Rs 3,201.49 crore in Q1 FY22 over Q1 FY21.

On a consolidated basis, Den Networks' net profit tanked 30% to Rs 41 crore on 1% increase in revenue to Rs 303 crore in Q1 June 2021 over Q1 June 2020.

India Ratings and Research (Ind-Ra) has upgraded Jindal Stainless (JSL)'s long-term credit rating to 'IND A+' which is three levels up from their earlier rating of 'IND BBB+'.

Wipro reported a 9.20% rise in consolidated net profit to Rs 3,248 crore in Q1 June 2021 (Q1 FY22) as against Rs 2,974.30 crore in Q4 March 2021 (Q4 FY21). Consolidated revenues grew 12.35% to Rs 18,252.40 crore in Q1 June 2021 compared with Rs 16,245.40 crore in Q4 March 2021.

Profit before tax advanced 3.29% to Rs 3,873.30 crore in Q1 FY22 as against Rs 3,749.90 crore in Q4 FY21. The numbers are based on Indian accounting standards (IND AS). The Q1 result was declared after trading hours yesterday, 15 July 2021.

Larsen & Toubro Infotech reported 9% fall in consolidated net income to Rs 496.80 crore on 5.9% rise in revenue to Rs 3462.50 crore in Q1 June 2021 over Q4 March 2021.

Tata Elxsi reported 1.6% fall in consolidated profit after tax to Rs 113.40 crore on 9.6% rise in total income to Rs 575.80 crore in Q1 June 2021 over Q4 March 2021.

Cyient reported 3.9% rise in consolidated normalised profit after tax to Rs 115 crore on 3.2% fall in revenue to Rs 1058.20 crore in Q1 June 2021 over Q4 March 2021.

NMDC proposes to offer up to 89 lakh shares to the eligible employees of the company at a price Rs 165.50 per share in an offer for sale from July 16 to July 18.

Xelpmoc Design and Tech said its board of directors approved issue of 7.2 lakh shares at an issue price of Rs 375 per share aggregating upto Rs 27 crores to Newport Asia Advisors Fund, Newport Asia Growth & Income Fund, Newport Asia Institutional Fund and Newport Asia Partners Fund.

Infosys' consolidated net profit grew 2.3% to Rs 5,195 crore on 6% increase in revenue to Rs 27,896 crore in Q1 June 2021 over Q4 March 2021. On a year-on-year basis, net profit rose 22.7% and revenue increased 17.9% in Q1 June 2021. The Q1 result was declared after trading hours yesterday, 14 July 2021.

The IT major's operating profit stood at Rs 6,603 crore in Q1 June 2021, rising 2.5% quarter-on-quarter (Q-o-Q) and increasing 23.1% year-on-year (Y-o-Y). Operating margin for the quarter was robust at 23.7%, an increase of 1% YoY and decline of 0.8% QoQ.

TCS on Wednesday announced plans to expand its operations in Arizona, investing more than $300 million by 2026 and hiring more than 220 employees by 2023. TCS will also continue to expand the reach of its STEM and Computer Science education programs in Arizona by increasing teacher training and online content for students over the next two years. The IT major said the investment plan is to meet the digital transformation needs of its customers.

L&T Technology Services' net income rose 11.1% to Rs 216.20 crore on 5.4% rise in revenue to Rs 1518.40 crore in Q1 June 2021 over Q4 March 2021.

Marico has entered into Share Subscription Agreement and Shareholders agreement with Apcos Naturals Private Limited, the company that owns the brand 'Just Herbs'('Apcos Naturals') and a Share Purchase Agreement with its existing promoters and shareholders, to make a strategic investment in Apcos Naturals by acquiring / subscribing 60 % of the total paid-up share capital in the form of equity shares and compulsorily convertible preference shares (CCPS) of Apcos Naturals.

SeQuent Scientific announced the EUGMP approval of its tablets dosage manufacturing line in Turkey.

Avantel informed that the company has received an order for an amount $19,80,000 (USD. Nineteen Lakh Eighty Thousand only) from Lockheed Martin Corporation for supply of Satcom Equipment.

On a consolidated basis, Mindtree reported 8.2% increase in net profit to Rs 343.40 crore on 8.6% rise in revenues to Rs 2,291.70 crore in Q1 FY22 over Q4 FY21. In dollar terms, the company posted 7.5% rise in consolidated net profit to $46.5 million on 7.7% increase in revenues to $310.5 million in Q1 FY22 over Q4 FY21.

Adani Airport Holdings (AAHL), a wholly owned subsidiary of Adani Enterprises, has taken over the management control of Mumbai International Airport (MIAL) from the GVK Group. This follows approvals received from the Government of India, the City and Industrial Development Corporation (CIDCO) of Maharashtra, and the Government of Maharashtra.

Zuari Agro Chemicals informed that the SSP plant of the company in Mahad has resumed its operations with supply of raw materials having been tied up with a supplier. The NPK A Plant has been shut down due to unavailability of raw materials.

Barbeque-Nation Hospitality said that ratings agency ICRA has upgraded the credit rating for the company's bank facilities on a long-term scale to A- (stable). On the short-term scale, the rating assigned is A2+.

NBCC (India) said the company has secured the total business of Rs 206 crore in the month of June, 2021.

FDC announced the launch of India's first oral suspension of Favipiravir - Favenza Oral Suspension, used to treat mild to moderate cases of COVID-19. This prescription-only solution is currently available at all retail medical outlets and hospital pharmacies across the country.

Sunteck Realty in its Q1 FY22 operational updates said the company's pre-sales grew by 74% YoY in Q1FY22 to Rs 176 crore, and collections grew by 165% YoY in Q1FY22 to Rs 172 crore.

Ashoka Buildcon has received Letter of Acceptance from National Highways Authority of India ('NHAI') for development of Memmadpur (Ambala) - Banur (IT City Chowk) - Kharar (Chandigarh) Corridor for a bid price of Rs 726 crore.

Reliance Industries (RIL) informed that the company has invested Rs. 1,00,000 in cash in 10,000 equity shares of Rs. 10 each of 'Reliance New Energy Solar Limited' (RNESL), a newly incorporated wholly owned subsidiary. RNESL is incorporated to undertake activities relating to solar energy. RNESL is yet to commence its business operations.

Shilpa Medicare said that the board of directors, approved the transfer of API Business of the company consisting of Unit-1 and Unit-2 situated at Raichur, Karnataka by way of slump sale to a wholly owned subsidiary of the company (to be incorporated).

Xelpmoc Design and Tech said its board of directors would meet on July 15 to consider a proposal of fund raising by issuance of equity shares or any other securities.

Avenue Supermarts total revenue for the quarter ended 30 June 2021 stood at Rs.5,183 crore, as compared to Rs. 3,883 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q1 FY22 stood at Rs. 224 crore, as compared to Rs. 112 crore in the corresponding quarter of last year. EBITDA margin stood at 4.3% in Q1 FY22 as compared to 2.9% in Q1 FY 21. Net Profit is at Rs. 95 crore for Q1 FY22, as compared to Rs. 40 crore in the corresponding quarter of last year. PAT margin stood at 1.8% in Q1 FY22 as compared to 1.0% in Q1 FY 21.

Maruti Suzuki India said the company has launched Maruti Suzuki Smart Finance, a digital end-to-end online car financing platform. Maruti Suzuki Smart Finance is now made available for ARENA as well as NEXA customers. It is also available pan India. It covers a wide range of profiles to meet the demands of a diverse range of customers.

Adani Ports and Special Economic Zone has informed that the meeting of the board of directors of the company is scheduled on 14 July 2021, to consider and approve raising funds by way of issuance of U.S$ denominated foreign currency bonds.

Unichem Laboratories announced that it has received Tentative Approval for ANDA of Sitagliptin Tablets USP, 25 mg, 50 mg, and 100 mg from the United States Food and Drug Administration (USFDA) for a generic version of Januvia (sitagliptin) tablets, 25 mg, 50 mg, and 100 mg, of Merck Sharpe and Dohme Corp (Merck).

Shaily Engineering Plastics said that the board of directors of the company considered and approved raising of funds for an amount aggregating upto Rs. 300 crore, in one or more tranches, by way of issuance of securities, through one or more permissible mode(s) including but not limited through a Qualified Institutions Placement//Preferential Offer or a combination thereof.

Compucom Software has won a tender and received a Letter of Acceptance for IT Enablement of PESA/FRA Acts with other schemes for Tribal Area Development (TAD) Department, Government of Rajasthan and Operations & Maintenance Services for a period of six months from RISL worth Rs 58.40 lakh inclusive all incident charges and taxes and excluding GST.

Tata Consultancy Services (TCS) reported 2.57% fall in net profit to Rs 9008 crore on 3.9% rise in revenue to Rs 45,411 crore in Q1 June 2021 over Q4 March 2021.

Rajesh Gopinathan, Chief Executive Officer and Managing Director, said: “Given the variants of the virus and fears of a potential third wave, we are watchful of the emerging situation and remain optimistic of the opportunities in our core markets and verticals. We are well positioned and operating diligently to participate in them aggressively.”

Tata Steel said that ratings agency CARE has upgraded long term credit rating on the company to AA+ from AA and the outlook to Stable from Negative. The revision in rating and outlook assigned to the instruments of Tata Steel factors in the improvement in performance witnessed during FY21, sequentially from Q2-FY21 onwards, particularly in Indian operations, on the back of revival in demand and increased steel prices leading to substantial cash flow generation and sizeable deleveraging at the end of FY21 resulting in improvement in debt coverage indicators.

Bharat Dynamics has signed a contract worth about Rs.499 crore with Ministry of Defence for manufacture and supply of Akash Missiles to the Indian Air Force.

Jammu & Kashmir Bank said that the Reserve Bank of has imposed a penalty of Rs 1 crore on the bank, on account of contravention of directions contained in circulars on 'Lending to Non Banking Financial Companies (NBFCs) and Bank Finance to Non Banking Financial Companies (NBFCs)'.

Elgi Equipments' Wholly Owned Subsidiary in USA, 'Elgi Compressors USA Inc.' has formed a Joint Venture Company in USA by name 'Gentex Air Solutions, LLC.' as a North Carolina Limited Liability Company, along with James Gery and Diego Hernandez.

Software services heavyweight Tata Consultancy Services (TCS) will announce Q1 result today, 8 July 2021.

REC has priced US$ 400,000,000, 2.75% Reg. S Notes due 2027 on 6th July, 2021 under its USD 7 Billion Global Medium Term Note Programme (the 'Notes'). The Notes will mature on 13th January, 2027 and all principal and interest payments will be made in U.S. Dollars. The settlement date for the Notes is expected to be 13th July, 2021.

RailTel Corporation of India has received a work order amounting to Rs. 23.43 crore (Excluding GST) from M/s. Sagar Cable Network towards providing of Multicast drop and carry with 1.5G capacity at 66 locations for a period of 5 years.

Bajaj Healthcare has received a licence from DRDO to Manufacture and Market of “2-Deoxy-D-Glucose” (2-DG) as approved medication for the treatment of COVID-19 patients.

Zuari Global said that the company has acquired 13.19% shares of Forte Furniture Products India from Indian Furniture Products (IFPL) subsidiary of the company.

KPR Mill will consider the proposal for sub-division of the face value of the equity shares on July 27.

Kotak Mahindra Bank said that Kotak Securities, a subsidiary of the bank, has entered into an agreement with Kredent InfoEdge (KIPL) dated July 6, 2021 for investment of Rs 10 crore for a 9.96% in the total share capital of KIPL.

Titan Company said that the company recorded revenue growth of about 117% (excluding bullion sales) in Q1'22, with revenue contribution of approx. 50%, 10% and 40% coming from April, May and June months respectively.

M&M has signed a Power Delivery Agreement with ReNew Sunlight Energy Private Limited ('RSEPL') whereunder RSEPL as a Captive Generator shall be supplying solar power to the company as a captive user. The company has also signed a Share Subscription and Shareholders' Agreement ('SSSHA') with RSEPL and ReNew Green Energy Solutions Private Limited for subscribing to 1,60,74,000 equity shares, in one or more tranches, which would result in the company holding up to 31.2% of the equity share capital of RSEPL.

Sobha said the company achieved total sales volume of 8,95,539 square feet of super built-up area valued at Rs 682.9 crore in Q1FY22 against 6,50,400 square feet of super built-up area valued at Rs 487.7 crore sold in Q1FY21.

RBL Bank's total deposits on a provisional basis grew by 21% YoY to Rs 74,480 crore and gross advances increased by 2% to Rs 58,755 crore in June 2021 quarter.

Maruti Suzuki India said that the company produced 1,65,576 units in June 2021, against 50,742 units of production in June 2020. Production in June 2020 was far from normal owing to Covid-19 related lockdowns and disruptions.

NMDC said that the Government of India, the promoter, proposes to sell up to 11,72,24,234 equity shares in the company (representing 4% of the total paid-up equity), with an option to additionally sell 10,22,78,144 equity shares (representing 3.49% of the total paid-up equity) in case of oversubscription, via offer for sale, on July 6-7. The floor price for the offer shall be Rs. 165 per share.

Force Motors said that production of commercial vehicles, utility vehicles and tractors stood at 1,757 units in June 2021.

Dynemic Products informed that the company has started commercial production for food colors plant at its manufacturing unit at Dahej, Gujarat. The cost of setting up the plant with an annual capacity of 2,760 MT is approximately Rs 150 crore.

CG Power and Industrial Solutions said the Finance Committee of the board of directors of the company has allotted 1.38 crore shares at Rs 73.10 per share to Standard Chartered Bank (Singapore) on a preferential allotment basis for consideration other than cash.

HCL Technologies announced a multi-year agreement with Fiskars Group, consisting of a family of lifestyle brands including Fiskars, Gerber, Iittala, Royal Copenhagen, Waterford and Wedgwood. HCL as a partner will enable Fiskars to standardize and harmonize their IT and business processes, drive operating model transformation and increase overall digital maturity.

Avenue Supermarts (D-Mart) said that its standalone revenue from operations has increased to Rs 5,031.75 crore in Q1 June 2021 from Rs 3,833.23 crore in Q1 June 2020, registering a YoY growth of 31.27%.

Shares of India Pesticides will debut on the bourses on today, 5 July 2021. The issue price is Rs 296 per share.

CSB Bank said that its total deposits increased 14.17% to Rs 18,652.80 crore as on 30 June 2021 from Rs 16,337.95 crore as on 30 June 2020.

Indian Hume Pipe Company has received the Letter of Acceptance for the work of about Rs.257.60 crores (including GST) from Madurai City Municipal Corporation for dedicated Water Supply Scheme for Madurai City Municipal Corporation for construction of distribution Network System (DI & HDPE), House service connections and Instrumentation for Madurai City Municipal Corporation Added Area-Package-4.

DCB Bank on Saturday (3 July) announced a downward revision of marginal cost of funds based lending rate (MCLR) by 4 basis points across different tenors.

India's Ministry of Electronics and Information and Technology (MeitY) approved 14 eligible applicants under the Production Linked Incentive Scheme (PLI) for IT hardware manufacturing. Dixon Technologies (India) is one of the 14 companies (domestic & international) which has been granted approval under the PLI scheme of Government of India for IT hardware manufacturing.

Gujarat Industries Power Company (GIPCL) announced restoration of unit-2 (125 megawatts) of its Surat Lignite Power Plant (SLPP) situated at Surat, Gujarat.

Apcotex Industries said its plant at Valia, Gujarat has been shutdown for planned maintenance activities for about 11 days, effective from 2 July 2021.

Wonderla Resort in Bangalore is set to reopen its business from 5 July 2021 with a 50% capacity as a crowd control measure.

Hero MotoCorp said that with the gradual easing of the COVID-19 related restrictions and lockdowns across key markets in the country, the company witnessed a strong rebound in the month of June to sell 469,160 units of motorcycles and scooters.

In compliance with the guidelines as prescribed by state and local authorities, almost all of the customer touchpoints of Hero MotoCorp are now operational, with strict safety measures and protocols in place.

Heading into the upcoming festive season, the company remains cautiously optimistic about the customer demand in the coming months. The expected surge in personal mobility, forecast of a normal monsoon in several parts of the country and the improving rural sentiment are expected to lead to a swift revival in sales.

Tata Consultancy Services (TCS) partnered with John Wiley & Sons, an American multinational publishing company, to modernize its ecommerce platform with SAP Commerce, creating a unified, seamless customer experience.

Coal India and its subsidiaries on a provisional basis achieved coal production of 40 million tonnes in June 2021 compared to 39.2 million tonnes in June 2020, recording a growth of 2%. Coal offtake stood at 51.3 million tonnes in June 2021 compared to 41.7 million tonnes in June 2020, recording a growth of 23%.

Lupin Pharmaceuticals, Inc., the U.S. based wholly-owned subsidiary of Lupin announced that the U.S. Food and Drug Administration (FDA) has approved the company's supplemental New Drug Application (sNDA) to expand the use of SOLOSEC (secnidazole) to include the treatment of trichomoniasis in adults.

NCC has received five new orders totaling to Rs 2,149 crore (exclusive of GST) in the month of June 2021. These orders are received from PSU/ Central/ State Government agencies and do not include any internal orders.

Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for June starting from 1 July 2021.

Indian Oil Corporation's board has accorded “Stage - 1” approval for implementation of India's first ever “Styrene Monomer Project' with a capacity of 387 thousand metric tonnes per annum (TMTPA) at an estimated cost of Rs. 4,495 crore, at IndianOil's Panipat Refinery & Petrochemical Complex.

Union Bank of India said the bank's board of directors approved capital plan of the bank to raise capital funds up to Rs 9,700 crore.

Vodafone Idea reported a consolidated net loss of Rs 7,022.8 crore for the quarter ended March 31, 2021. It had posted a loss of Rs 11,643.50 crore in the corresponding quarter of the previous fiscal. Gross revenue stood at Rs 9,607.6 crore, down 18.26% against Rs 11,754.2 crore registered in the March 2020 quarter.

Agro Tech Foods (ATFL) has completed purchase of land in Kothur (Telangana) to an extent of 2638.473 Sq Yards (2206.08 Sq meters) on 29th June 2021. This land parcel is adjacent to Company's existing plant situated in Kothur and amounts to approx. 25% of the current land area of the existing plant and will be utilized for continued expansions of company's manufacturing operations.

Vimta Labs has entered into a long term Public Private Partnership (PPP) Agreement with Food Safety and Standards Authority of India (FSSAI), Government of India, on June 29, 2021, to Setup, Operate and Transfer, the National Food Laboratory at JNPT, Navi Mumbai.

Cipla, Dr. Reddy's Laboratories, Emcure Pharmaceuticals, Sun Pharmaceutical Industries and Torrent Pharmaceuticals announced that the five companies will collaborate for the clinical trial of the investigational oral anti-viral drug Molnupiravir for the treatment of mild COVID-19 in an outpatient setting in India.

Cipla is supporting Moderna, Inc. with the regulatory approval and importation of vaccines to be donated to India. At this stage, there is no definitive agreement on commercial supplies.

Shares of Reliance Industries (RIL) will be in focus. Abu Dhabi National Oil Company (ADNOC) announced that RIL, has signed an agreement to join a new worldscale chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at TA'ZIZ in Ruwais, Abu Dhabi. The agreement capitalizes on growing demand for these critical industrial raw materials and leverages the strengths of ADNOC and RIL as global industrial and energy leaders.

Under the terms of the agreement, TA'ZIZ and Reliance will construct an integrated plant, with capacity to produce 940 thousand tons of chlor-alkali, 1.1 million tons of ethylene dichloride and 360 thousand tons of PVC annually

NBCC (India) has been awarded the work order for engagement as Project Management Consultant for undertaking various civil works of Odisha Hydro Power Corporation. NBCC is project Management Consultant for this Project of the value Rs. 206 crore (approx.).

Isgec Heavy Engineering has received a prestigious order for Wet Limestone Flue Gas Desulphurisation System and Flue Gas Conditioning System Package (FGD-FGC Package) from Odisha Power Generation Corporation Ltd. for their2x660 MW TPPIB Thermal Power Station at Banharpalli, Jharsuguda, Odisha.