Stocks in news: Infosys, BoB, Hero, Maruti, GMR, Zensar

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26 Aug, 2025 12:21

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Here are stocks that are in news today:

Results today: Infosys

CBI conducts 50 more raids over Bank of Baroda fraudBank Of Baroda, BB Joshi, Executive Director to CNBC-TV18-Do not foresee any financial loss to co on account of these raids-Have not lent any money to 59 current account holders-Figures floating around alleged scam may not be accurate; may be much lower-Bank red flagged the irregularities to investigating agencies-Bank is still investigating problems in the branch-Can not comment on amount involved; will surely be less than Rs 6,000 crore-Whatever has gone out less than 10 percent of that is cash deposits

Government invites comments on draft business processes for GST till October 31Alert: Government released draft GST refunds, registration payment processes on October 6

Hero Motocorp-Hero to revamp ‘Splendor’ to strengthen motorcycle portfolio: ToI-Hero sells 3,00,000 bikes on Snapdeal: BS

Jagran Prakashan says-Board approves merger of Spectrum Broadcast & Crystal Sound with company-Board approves demerger of radio business into Music BroadcastJagran Prakashan on CNBC-TV18-Company will hold stake directly in Radio City post restructuring-Company holds 93 percent stake in Radio City-Expect 15 percent topline CAGR going forward-Would not rule out listing of Radio City separately

Apax Partners to acquire 23.2 percent stake in Zensar Technologies from Electra Partners: Sources-Apax-Electra deal valued at Rs 859 crore-Apax to acquire stake in Zensar from Electra at Rs 826/shareZensar Tech says-Marina Holdco acquires 23.2 percent stake in company from Electra PartnersAlert: Marina Holdco is a company backed by funds advised by Apax Partners-RPG Group continues to be promoter & largest shareholder in company with 48 percent stakeRPG Enterprises chairman Harsh Goenka to CNBC-TV18:-Deal with Apax Partners strategic to Zensar Tech & RPG Group-Zensar Tech committed to investing in digital technology-Zensar Tech plays a key role in group's expansion plans-Investing heavily in group businesses like pharma, manufacturing & tyre-Believe India is well positioned to grow in global marketsApax Partners to CNBC-TV18-Board to approve deal of buying out 23.2 percent stake in Zensar Tech-Will seek board approval for representation on board-Zensar Tech has shown an excellent track record for growth-Zensar Tech has gained strength in sectors like manufacturing, retail-No plans to invest in other RPG companies at this point-Open to investing in other group companies if we see the right opportunities

Essel Infra plans to raise Rs 1,500 crore via IPO; to file DRHP in next quarter: Sources-ICICI Securities to be lead banker the issue-Essel Infra to use IPO proceeds for road & renewable energy projects-Majority of Essel Infra's projects are situated in Madhya Pradesh

Government to utilise headroom available under FRBM limit for discom resolution: SourcesAlert: FRBM - Fiscal Responsibility and Budget Management-State discoms' old loans to be converted to state government-backed bonds-Old loans could be converted into bonds under prior period adjustment-Prior period adjustment to be special provision given to the states-Special provision of prior period adjustment will be for 2 years-Prior period adjustment to not be counted on fiscal deficit of a state-Intention to bring down ailing discoms interest cost by at least 3-5 percent-Interest outgo from discoms to come down by Rs 14,000-15,000 crore per year-Government plans to bring down AT&C losses to 15 percent by 2018-19Alert: AT&C Is Aggregate Technical & Commercial-Centre to thoroughly monitor feeder separation, metering plans of states-Government to seek cabinet nod once all states agree to resolutionAlert: 8 states alone account for Rs 2.6 lakh crore of debt till FY14-Discoms under financial restructuring plan include Andhra, Telangana, Bihar, UP, TN, Jharkhand, Haryana & Rajasthan

Tata Steel says-Q2 hot metal production up 3 percent at 2.66 million tonne (MT) (YoY)-Q2 crude steel production up 11 percent at 2.51 MT (YoY)-Q2 saleable steel production up 9 percent at 2.41 MT (YoY)-Q2 deliveries up 11 percent at 2.33 MT (YoY)

Kingfisher Airlines (KFA) case-CBI conducts searches in Bangalore, Mumbai & Goa Offices & residences of Vijay Mallya & others-CBI registers case against Mallya, a KFA Director & CFO A Raghunathan-CBI registers case against unknown officials of IDBI Bank for violating banking norms-IDBI Bank officials had sanctioned credit limit of Rs 900 crore to KFAUB Group says-CBI visited company’s premises in Bangalore, Goa & Mumbai to probe about a loan facility availed by KFA-Company co-operated with CBI officials & provided the necessary documentsIDBI Bank sources say-No new enquiry has been made by CBI w.r.t Kingfisher Airlines case-CBI has been investigating Kingfisher Airlines loan matter since 2013-CBI has not sought any fresh information regarding KFA account-Will co-operate with CBI if they approach bank for any fresh enquiry

GMR Infra's Kakinada SEZ signs MoU with JGC Corporation, Japan-JGC Corporation to co-develop 300 acres of Japenese oriented food processing park in Kakinada, AP

Other stocks and sectors that are in news today:-Yes Bank not to renew Rs 250 crore Lanco Infratech loan: ET-Hindustan Unilever (HUL) partners with tech focused start-ups to regain agility, engage customers and improve distribution: ET-Westlife Development - McDonalds evaluating possibility of extending All Day Breakfast campaign to Indian cities: ET-Orchid Chemical allots 37 lakh equity shares to promoter company at Rs 49.79/share as per CDR scheme-Suprajit Engineering acquires balance 10.88 percent stake in Phoenix Lamps; now holds 61.92 percent stake-Maruti Suzuki says shareholders approve raising FII/FPI investment limit in company to 40 percent-Kolte-Patil allots redeemable NCDs worth Rs 110 crore through private placement-Ind-Swift Labs to allot 11.75 lakh shares to promoter company at Rs 45.50/share as per CDR scheme-Ahluwalia Contracts: Promoter creates pledge on 13.3 lakh shares-Government says area sown under kharif crops till October 9 at 1,037 lakh hectare versus 1020 lakh hectare (YoY)-Cera Sanitaryware to consider JV for ceramics tiles plant in Andhra Pradesh on October 23-Bandhan Bank to raise Rs 500 crore from investors by March 2016-Environnment ministry's EAC panel has deferred nod to Essar firms expansion project