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6 min read | Updated on August 19, 2025, 08:13 IST
SUMMARY
Stocks to Watch: RIL shares will be in the spotlight as Reliance Consumer Products Ltd (RCPL), the FMCG arm of the conglomerate, has forayed into the fast-growing healthy functional beverage space with the acquisition of a majority stake in a JV with Naturedge Beverages.
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On Monday, the 30-share BSE Sensex jumped 676.09 points, or 0.84%, to settle at 81,273.75 levels. | Image: Shutterstock
Without disclosing any details of the acquisition, RCPL said the deal with the company, which owns herb-infused functional packaged beverages, will help it to be a "total beverage company".
The company owns a portfolio of brands, such as carbonated drinks brand Campa, Sosyo soft drinks, sports brand Spinner, and fruit-based hydration drink RasKik -- in the fast-growing beverage market.
"The healthy functional beverage space presents a large and rapidly expanding opportunity, driven by a strong consumer shift toward healthier, natural alternatives," as per a joint statement.
In a statement, the company said, "Its board has approved the establishment of India's first zinc tailings reprocessing plant at Rampura Agucha, Bhilwara district, Rajasthan."
During the company's earnings call for the June 2025 quarter, Vodafone Idea CEO Akshaya Moondra said that the banks are looking for clarity on the adjusted gross revenue (AGR) matter before issuing debt to the telco.
"Given the fact that we are keen on maintaining a continuity of our capex, which has been going on since last year, we are looking at non-banking sources of funding also. Not the full amount of ₹25,000 crore that we have talked about, but a lesser amount so that we can continue with the capex cycle," Moondra said on his last day as CEO of the company.
The Vodafone Idea (VIL) board approved the elevation of Chief Operating Officer Abhijit Kishore to the position of Chief Executive Officer with effect from August 19. He will replace Moondra, whose three-year tenure as CEO ends on August 18.
NBCC Ltd is into project management consultancy (PMC) and real estate businesses.
Replying to a query in a conference call with analysts regarding projected revenue, the company's management said, "This year ₹14,000 crore to ₹15,000 crore. Next year, there will be ₹18,000 crores to ₹19,000 crores. And 2027-28 around ₹25,000 crores."
During 2024-25, NBCC Ltd posted a net profit of ₹557.42 crore and a total income of ₹12,272.99 crore.
The transcript of the conference call was posted on the stock exchanges on Monday.
In the first phase, Bounce will deploy e-scooters across Delhi NCR and Bengaluru over the next three months, Swiggy said in a statement.
These vehicles will be available on the Bounce mobile app as well as Swiggy's Delivery Partner app at special pricing exclusively for Swiggy and Instamart delivery partners, it said.
The company, which is into lighting, fans, home appliances, steel, and PVC pipes, has introduced wires in two variants and seven colours, a statement said.
Mumbai-based Glenmark is recalling two products in the market, the US Food and Drug Administration (USFDA) said in its latest Enforcement Report.
Glenmark Pharmaceuticals Inc., USA, a subsidiary of the company, is recalling Carvedilol tablets, used to treat heart failure, hypertension, and heart attack, in multiple strengths.
The New Jersey-based firm is recalling 55,560 units of the affected lot due to the "presence of a nitrosamine, N-Nitroso Carvedilol impurity above the current acceptable intake level," the USFDA stated.
The company had signed an MoU with the Uttar Pradesh government on August 17, 2024, for the tractor manufacturing facility. It has been allotted land in Sector-10 of YEIDA, an official statement said on Monday.
Under the project, Escorts Kubota will invest ₹4,500 crore and create employment for 4,000 people in a phased manner.
The Bank of Maharashtra-SBI Card co-branded credit card has been designed to provide a premium and highly rewarding shopping experience for discerning customers across segments, a joint statement said.
The card has been launched in three variants: Bank of Maharashtra SBI Card ELITE, Bank of Maharashtra SBI Card PRIME, and Bank of Maharashtra SimplySAVE SBI Card, it said.
This partnership aims to provide enhanced value and convenience, catering to the diverse lifestyles and evolving needs of the customers across the country, it said.
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