Idea Cellular  said that the current approval of DoT for merger with Vodafone is conditional and not a final approval. 
 
    
 
 Power Grid  arm started full commercial operations in Maharashtra.  
 
    
 
 MRO-Tek  Realty received empanelment with BSNL for enterprise business.  
 
    
 
 Coffee Day  Enterprises arm entered into an agreement for five years with UBER for distribution of food products.  
 
    
 
 Quinaq Acquisition (FPI)  increased stake to 9.94% from 3.09% in Mannapuram Finance.  
 
    
 
 Rinkoo Somani  appointed as Interim CFO of IDFC .  
 
    
 
 M&M Forgings  to issue bonus shares in ratio 1:1.  
 
    
 
 Bank of Baroda  clarified candidature of its MD & CEO PS Jayakumar to succeed Axis Bank CEO Shikha Sharma is speculative.  
 
    
 
 Omaxe  bagged Gandhi Maidan project for development of multilevel car parking space by NMDC.   
 
 LIC-IDBI Bank  deal may conclude by September, as per news reports.  
 
    
 
 Chambal Fertilisers and Chemicals  approved voluntary winding up its arm Inuva.  
 
    
 
 Sun Pharma  arm filed lawsuit against Bifrontera for patent infringement and trade secret misappropriation.  
 
    
 
 IFCI  hiked its short-term benchmark rates by 10 basis points to 9.1% from July 12.  
 
    
 
 Bank of Baroda and Korea's KB Financial Group  ink MoU to set up financing corridor.  
 
    
 
 IDBI Bank  raises MCLR by 10 basis points to 9.6% from July 12.  
 
    
 
 Shree Cement  arm completed acquiring 97.61% stake in UAE based UCC.  
 
    
 
 India Gylcols  mull raising Rs250cr via issue of securities.  
 
    
 
 Max India  promoters clarifies SEBI has not mandated an open offer in its order.  
 
    
 
 Cipla’s  wholly owned subsidiary acquired South African company Mirren (Pty) Ltd. for Rs228cr.  
 
    
 
 India Glycols  seeks shareholders’ approval for fund raising of Rs250cr.  
 
    
 
 Kwality  to close its dairy products business in UAE.  
 
    
 
 Max Group  promoters said that SEBI has not mandated promoters to carry out an open offer anywhere in its order.  
 
    
 
 IDFC  appoints Rinkoo Somani as interim chief financial officer.  
 
    
 
 HIL  board approves acquisition of German firm through arm.  
 
    
 
 Smartlink Network Systems  has extinguished equity shares in connection with the buyback of 56 lakh equity shares of Smartlink Holdings.  
   
   
   
   
   
 
 
 
   
 
 
 
Top Stocks in focus today: Sun Pharma, IDBI Bank, MM Forgings, Idea Cellular, Power Grid 
 
        Reviewed by 
Highlight 
        on
        
09:43
 
        Rating: 
5 
 
       
    
 
 
 
 
            
          
 
 
 
 
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