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5 min read | Updated on June 19, 2025, 08:08 IST
SUMMARY
Stocks to Watch: Mining conglomerate Vedanta Ltd chairman Anil Agarwal has unveiled a transformation roadmap, positioning the company as a global leader in transition metals, critical minerals, energy, and technology under its next growth phase, dubbed 'Vedanta 2.0'.
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With pre-sales of ₹11,000 crore, DLF has achieved 50% of its sale bookings target for the current financial year.
As many as 1.8 crore shares of the company, amounting to 20% of its outstanding equity, will be freed up for trade as the lock-in period ends, CNBC-TV18 reported, quoting Nuvama Alternative and Quantitative Research.
The firm has connected the well to a nearby production facility to divert a portion of the gas in a controlled manner.
On June 13, around 11:45 am, during servicing operations at Well No RDS-147, gushes of gas were observed from the well. While there were no injuries, uncontrolled gas has been flowing since then.
The US Food and Drug Administration (USFDA) had conducted a GMP follow-up inspection at the company's oncology injectable site situated at SEZ 1, near Matoda, Ahmedabad, from June 9-18, 2025, the company said in a regulatory filing.
"The inspection is closed with two observations, and none of them were related to data integrity," it added.
A total of 14 bids were received from these eight companies for the two blocks.
"The Nominated Authority, Ministry of Coal, today opened the bids for six underground coal blocks under the 12th round of the commercial coal blocks' auction," a coal ministry statement said on Wednesday.
In his address to stakeholders in the group's annual report, Agarwal said the company is at an inflection point, supported by a record financial year, strong cost leadership, and plans to unlock value through its ongoing demerger exercise, which is nearing completion.
With the stake buy, Jio Payments Bank becomes a wholly-owned subsidiary of JFSL.
The company acquired 7,90,80,000 equity shares of Jio Payments Bank from SBI for an aggregate consideration of ₹104.54 crore pursuant to the approval received from the Reserve Bank of India on June 4, JFSL said in a regulatory filing.
Welcure Drugs & Pharmaceuticals Ltd will engage in sourcing and procurement of multiple finished-dosage SKUs, the company stated in an exchange filing.
Built on a fee-based model, the company will earn a fixed 5 per cent commission on the cost of goods, the filing stated.
The partnership will focus on developing ready-to-deploy EV systems for two-wheelers (2W), three-wheelers (3W), passenger vehicles (PV), and commercial vehicles (CV), the company said in a statement.
Under this partnership, bank customers will be able to access a range of co-branded credit cards designed with attractive features including reward points, cashback offers, fuel surcharge waivers, EMI facilities, and exclusive merchant discounts across key spending categories like dining, travel, and e-commerce, Bank of Maharashtra (BoM) said in a statement.
Tata Consumer Products Ltd (TCPL) acquired Capital Foods and Organic India a year ago for a combined enterprise value of ₹7,000 crore.
Under a distribution agreement, Abbott will distribute the oral antidiabetic medicine sitagliptin, its combination sitagliptin/metformin and the extended-release version of MSD Pharmaceuticals (MSD) in India, the two companies said in a joint statement.
AST SpaceMobile is building the first and only space-based cellular broadband network accessible directly by smartphones, designed for both commercial and government applications, Vodafone Idea said in a statement.
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