Stocks in news: DRL, Tata Motors, Edserv, Bharti, RIL

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26 Aug, 2025 12:21

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Here are stocks that are in news today:

Results Today: RIL, Sterlite Industries, NTPC, REC, Patni Computers, Dhanlaxmi bank, OBC, Bank of India, GI Engineering, Graphite India, HSIL, Welspun Projects, Jindal Cotex, Deep Industries, Geometric, IndBank Merchant Banking, Peninsula Land, Zee News, SE Investments, Chemplast Sanmar, Energy Development Co, Easun Reyrolle, Heidelberg Cement, Jyoti Structures, Balaji Amines, Coromondal Engineering, Visaka Ind, Supreme Ind, Edelweiss Capital

Bharti Airtel may bid for Zimbabwe Telco
-Bharti may look at stake in NetOne
-NetOne is Zimbabwe's 3rd largest network
-NetOne has offered to sell 60%
-MTN may also bid for NetOne stake

FDI in RETAIL
-Committee of Secretaries (CoS) okays FDI in retail
-Committee of Secys recommends 51% FDR in Retail

Kishore Biyani says
-CoS decision brings us closer towards FDI clearance
-We are meeting many US retailers
-Proposal for investment of USD 100 million in back-end is fair
-Looking at partnerships in electronic biz

FDI - CNBC TV18 exclusive
-Divergence of opinion on quantum of FDI in retail
-Majority of secys in CoS favour 51% FDI in retail
-6-7 CoS secys favoured 51%, while 4-5 wanted lower
-4-5 secys favoured allowing only 49% FDI
-Some suggested phased opening up of FDI in retail
-Final view of cabinet secy to be recorded in minutes
-Minutes likely to be issued in a few days
-Some CoS secys did not favour blanket restrictions
-Some CoS secys only want conditions on backend investment
-DIPP Proposed Mandatory 51% FDI in back-end
-Some Secys not in favour of population based rollout
-DIPP to finalise note for cabinet after CoS minutes nod
-No timeline for cabinet approval

Draft Land acquisition bill
-Consent of 80% of those affected by project a must
-Land owners to get 6 times the registered price
-20% rise in land value to go back to land owners for 10 years
-Rs 2,000 a month to be paid to land owners for 20 years
-Emergency clause applicable only if national security involved

Jaipal Reddy says
-Law Ministry completing vetting of Cairn-Vedanta deal nod
-Will communicate decision on Cairn-Vedanta deal soon

Kapil Sibal says:
-DoT approves national optical fibre network
-Fibre network to cost Rs 20,000 crore in first phase
-To take proposal to cabinet shortly
-Funding for broadband network to come from USO fund
-USO Fund has balance of Rs 16,000 crore

DoT says:
-VSNL land issue to come at next meet
-Reviewing TRAI view on license cancellations

Other stocks and sectors that are in news today:
-Zydus Cadila in talks to acquire brands & manufacturing facility of Biochem petrochemicals for around Rs 450 crore
-SpiceJet set to raise Rs 400 crore through a share offering by December end (ET)
-Steel companies likely to pull out operations in Karnataka with the shutdown of 50 mines in state to hit iron ore supplies to steel companies (ET)
-Religare Arm to buy South African brokerage firm Noah Financial Innovation for an undisclosed amount (ET)
-Emami Group to team up with Sheth developers to develop a real estate property in Mumbai with an investment of around Rs 100 crore (ET)
-Urea GoM to discuss draft policy on the urea price decontrol next week (BS)
-Dr Reddy's acquires prescription business of JB Chemicals in Russia & other CIS markets for USD 34.85 million
-Ashok Leyland board approves bonus issue in 1:1, fixes August 03 as record date
-IDFC PE invests Rs 150 crore in GVR Infra
-Tata Motors opens plant in Rosslyn SA investment of Rs 71.97 crore
-Sterling Holidays to raise Rs 120 crore for ongoing projects
-Axis Bank seeks changes in RBI nod for ENAM Deal
-Edserv Softsystems: Board to consider price fixing of the GDR issue
-Ex Dividend: Tata Chemicals Rs 10/share, Siyaram Silk Mills Rs 7/sh, Bombay Dyeing Rs 3.5/sh
-Automotive Stampings to issue 56 lakh equity shares at Rs 52/sh on rights basis
-F&O Ban: Aban Offshore, ABG Shipyard, GTL, Kingfisher airlines
-Kirloskar Ferrous Ind to install a new high pressure moulding line with an investment of around Rs 200 crore
-Union Bank to hike BPLR by 25 bps to 14.5% from today