Stocks in news: Mindtree, Granules, Infosys, UltraTech, GMR

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26 Aug, 2025 12:21

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Here are stocks that are in news today:

ARSS Infra to transfer its 51 percent stake in arm ARSS Bus Terminal to Welspun EnterprisesAlert: Welspun will hold 100 percent stake in ARSS Bus Terminal post stake transfer

NBCC chairman AK Mittal says-Have registered a growth of 15 percent despite sluggish scenario-Opened an R&D centre in association with IIT Roorkee-Starting an e-commerce G2G portal to assist government agencies-To assist government agencies in procurement & management of real estate-Will launch e-commerce G2G portal in November-Expect e-commerce G2G portal to be a game-changer for company

Novopay-Launches consumer payment app & a bank partnered walletAlert: Novopay has over 12,000 retail points across India-Looking to offer banking & money transfer services to customers-New payment mode acceptable at 85,000 offline & online merchants-Consumer payment app comes with a mobile bank wallet partnered by RBL Bank

RBI says-Banks having capital to risk-weighted assets ratio (CRAR) Of 10 percent don’t need RBI nod for equity investments-RBI nod not needed if stake below 10 percent of investee company’s paid up capital post investment-RBI nod not needed if bank’s stake along with arms or JVs below 20 percent post investment

Jindal Stainless-Shuts Vizianagaram ferro alloys units due to disruption by workers-Will shift production of ferro chrome to Jaipur facilities-Operations of other units not to be adversely affected by the shutdown

RBI reviews norms for lending to CEO/whole time directors by banksRBI says-Rules on base rate not applicable to loans given to CEOs/directors-Loans to directors to be part of compensation approved by board-Loans to CEOs/directors cannot be lower than rates charged to bank’s employees

August GSM Data-Bharti Airtel adds 13 lakh subscribers versus 10 lakh subscribers (MoM)-Vodafone India adds 11 lakh subscribers versus 65,106 subscribers (MoM)-Idea Cellular adds 12 lakh subscribers versus 6.8 lakh subscribers (MoM)-Uninor adds 3.9 lakh subscribers versus loss of 9.7 lakh subscribers (MoM)-Aircel adds 3.8 lakh subscribers versus 3.15 lakh subscribers (MoM)

NHAI-Allows 100 percent divestment of shareholding of concessionaire in NH-45 project in Tamil Nadu-IJM Trichy & Shapoorji Pallonji can divest their equity in NH-45 project in Tamil Nadu-Companies can divest their stake in favour of Macquarie SBI Infra Investments & SBI Infra Trust-Companies can use money raised from divestment for incomplete projects or pare debt

Visa Steel-To merge Visa Bao with companyAlert: Visa Bao is a JV between Visa Steel & China's Baosteel-Post merger, Baosteel to hold 5 percent stake in company-Integration will improve operational, cost efficiency of ferro chrome business-Also in the process of transferring special steel business

RBI-Gives in principle approval to 10 applicants for small finance banksAlert: 72 players had applied for small finance bank licence-Grants small finance bank licences to Au Financiers, Capital Local Area Bank-Grants small finance bank licences to Disha Microfin, Equitas Holdings-Grants small finance bank licences to ESAF Microfinance, Janalakshmi Financial Services-Grants small finance bank licence to RGVN (North East) Microfinance-Grants small finance bank licences to Suryoday Micro Financial, Utkarsh Micro Financial-Grants small finance bank licence to Ujjivan Financial Services-In-principle nod for small finance bank valid for 18 months-Applicants cannot undertake banking business until a regular licence is issued-3 different committees contributed to final decision on small finance banks-To revise norms to give licences more regularly 'on tap' going forward

Music Broadcast says-Have won 11 radio frequencies in FM radio phase-III auction-Company has now become a 39 station network-Will increase footprint across important cities in each state-Radio City & Radio Mantra will be dominant players in Maharashtra, UP & Rajasthan

Entertainment Network India (ENIL) says-Have won a 2nd frequency in Bangalore, Hyderabad, Ahmedabad, Pune, Kanpur-Have won a 2nd frequency in Lucknow, Jaipur, Nagpur & Surat-Hope to get MIB nod for TV Today's 3 metros in Delhi, Mumbai & Kolkata-Have also acquired a 3rd frequency in Hyderabad-Core Mirchi brand will now be available in 43 cities versus 32 currently

Reliance Broadcast says-Have won 14 new frequencies in phase-III of radio auctions-New frequencies will help company grow consistently & increase revenues

Government announces revival of 5 additional gas-based power plantsGovernment says-5 partly stranded gas-based power plants have capacity of 3455.64 MW-These plants to generate 1.43 bn units of electricity-Power from these plants to be supplied at/below Rs 3.39/unit to discoms-Will provide support of Rs 278.38 crore from Power System Development Fund-11 plants with installed capacity of 5858 MW participated in tech bid round-All 11 plants were declared as technically qualified

Torrent Power's Sugen plant wins 0.49 mmscmd at Rs 1.91/unit for 1147.5 MW: Sources-NTPC’s Dadri plant wins 0.41 mmscmd at Rs 1.91/unit for 830 MW-NTPC’s Auraiya plant wins 0.06 mmscmd at Rs 1.91/unit for 663 MW-GIPCL’s Baroda plant wins 0.22 mmscmd at Rs 1.91/unit for 160 MW-CLP India’s Paguthan plant wins 0.50 mmscmd at Rs 1.91/unit for 655 MW-All 3 plants will run on a target plant load factor (PLF) of 50 percent with gas supply win from October 1

GMR Infrastructure says-GMR Energy's 2 power plants in Andhra Pradesh awarded gas allocation-370 MW GMR Vemagiri power generation commenced operations in August-768 MW GMR Rajahmundry energy to commence operations soon-With the current allocation of gas, operations to continue till March 2016-Government to subsidise power discoms to extent of Rs 1.44/unit from PSDF (Power System Development Fund)

Astral Poly Technik-To acquire balance 24 percent stake in Resinova Chemie for Rs 73 crore from Vijay Parikh-Post-acquisition, Resinova Chemie to become wholly owned subsidiary of company-Board approves preferential issue of maximum 14.05 lakh shares to Vijay Parikh at Rs 420/share

Other stocks and sectors that are in news today:-Lupin gets US FDA nod for Clarithromycin (to treat bacterial infections)-Mylan Pharma Gets US FDA nod for Clozapine (a sedative drug used to treat schizophrenia)-Granules India gets US FDA nod for Ibuprofen tablets-Tata Steel to sell 1.3 percent of 5.5 percent equity held in Tata Motors at Rs 324.50-338.05/share-8K Miles acquires US-based company Nexage Technologies for USD 3 million-GAIL invites bids to hire 9 LNG ships: ET-Power Grid gets shareholders’ approval to raise Rs 14000 crore in FY17-InBev-SABMiller confirm merger talks, UB to face competitive heat-Mindtree says Dubai Aviation Corp Flydubai selects company as strategic technology partner-Essar Oil shuts Vadinar refinery for a month effective Friday for maintenance-Government to select legal advisor for Coal India OFS on Friday-Infosys says Qantas Credit Union selects Finacle to transform digital capabilities-JSPL promoter creates pledge on 63.3 lakh shares on September 4-Government says work on National Chemical Policy in final stages: PTI-Government asks Navi Mumbai SEZ to submit action plans for 3 zones-Haryana signs pact with GAIL for development of Natural Gas Distribution Infra-Finance ministry gives details of gold monetisation & gold bond schemes, RBI to decide rates-Government mulls raising FDI limit in private banks to 100 percent: PTI-UltraTech Cement gets environment nod for expansion of Maharashtra plant: PTI-Hero Cycles acquires Firefox Bikes in all-cash deal to expand its presence in premium cycle segment-PTC India Financial Services sanctions loan of about Rs 1,000 crore to provide financial assistance to renewable energy projects in India-JK Paper allots 1.19 crore shares on preferential basis to promoters for cash at Rs 42/share-Delhi High Court reserves judgement in JSPL plea against cancellation of bid