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Stocks in News

January 11, 2022

Paytm: The number of loans disbursed through Paytm increased by 404% YoY to 4.4 million loans during the Dec quarter.

Titan: Titan announced the launch of ‘Titan EyeX’ – the company’s new smart glasses with features such as touch controls, and fitness tracking.

Axis Bank: The Board of directors has approved the re-appointment of Rajiv Anand as the Deputy Managing Director of the bank

Vodafone Idea: The Board has approved deferment of spectrum auction installments due up to 4 years.

Gravita India: The company approved fund raising of Rs 300 crore.

Antony Waste Handling Cell: Total operating revenue (tipping revenue from C&T, mechanical power sweeping and waste processing) for Q3 FY22 has improved by approximately 22 percent YoY, and on a sequential basis, has remained stable.

Imagicaaworld Entertainment: As per latest government orders, Imagicaa Theme Park and Water Park will remain temporarily non-operational till the company receive government orders to re-open.

Timex Group India: The company granted manufacturing & distribution rights for Guess & Gc branded watches in India.

Aurobindo Pharma: The drug maker has initiated talks with private equity funds to sell a stake of around 30-35 per cent in its injectable business for R s4,500-5,250 crore ($600-700 million), as it plans value unlocking in its core businesses.

RailTel Corporation of India: The state run railway player has declared an interim dividend at the rate of 17.5 per cent of paid-up share capital for the financial year 2021-22. The total pay-out of the dividend is around Rs 56 crore, the central government public sector unit under the Ministry of Railways said.

SJVN: The state-owned power playersaid it has been given category ‘I’ licence for the inter-state trading of power in the entire country by the Central Electricity Regulatory Commission.