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Stocks in news

January 19, 2023

IndusInd Bank:

• Reported a 58% jump in December quarter net profit at Rs 1,964 cr.

• The bank’s net interest income grew 18% to Rs 4,495 cr.

Airtel: Airtel will invest Rs 2,000 cr to set up a hyperscale data centre in Hyderabad.

Vedanta: Vedanta has been declared a successful bidder for debt-ridden Meenakshi Energy Limited.

Adani enterprises: The company has signed an agreement with Ashok Leyland to manufacture hydrogen fuel cell for e- trucks manufactures by Ashok Leyland.

Rail Vikas Nigam: The company has won metro projects of Surat and Ahmedabad worth Rs 1057 crores.

ICICI Prudential Life Insurance: Company has recorded net premium income of Rs 9,460 crores up by 4.3% year on year.