Stocks in news: Infosys, Gitanjali, Natco, Apollo Hosp, HUL

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26 Aug, 2025 12:21

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Here are stocks that are in news today:

May Auto Sales: Tata Motors-US Jaguar Land Rover total sales up 13 percent at 6,586 units versus 5,840 units (YoY)-US Land Rover sales up 19 percent at 5,382 units versus 4,536 units (YoY)-US Jaguar sales down 8 percent at 1,204 units versus 1,304 units (YoY)

Natco Pharma-Indian Patent office has refused patent on US firm Abraxis BioSciences-This paves way to for generic companies to launch generic versions in domestic market-US company had filed patent for dug formulation in 2006 which was opposed by Natco Pharma: TOI

Apollo Hospitals-To acquire majority stake in Guwahati-based Assam Hospitals-To acquire 51 percent stake in Assam Hospitals for Rs 57.25 crore

South Indian Bank-Board approves increase in borrowing limit to Rs 6,000 crore from Rs 5,000 crore-To seek shareholder approval to increase FII limit to 59 percent from 49 percent-To seek FIPB nod to increase FII limit to 59 percent

SBI cuts base rate by 15 basis points to 9.7 percent from 9.85 percent effective June 8SBI on CNBC-TV18-Cut in base rate won;t hurt margins-Will reduce investments in government-securities and convert them to loans-Expect retail loans to grow by 18 percent this year-Expect overall loan growth of 12-14 percent

Punjab & Sind Bank-Cuts base rate by 25 basis points to 10 percent from 10.25 percent effective June 3-Cuts benchmark prime lending rate by 25 bps to 15 percent effective from June 3

Delhi Government says lab testing report shows Maggi samples found unsafe in national capital-Department of food safety tested samples of Maggi Noodles (owned by Nestle India)-Found 10 out of 13 samples unsafe-Samples found to be unsafe & misbranded, only 1 out of 13 found genuine-Government to take strict action against Nestle after final report-Case to be initiated for selling unsafe product, fine for misbranding

Oberoi Realty-Board approves to raise up to Rs 1,500 crore via non-convertible debentures-Board approves to raise up to Rs 750 crore via shares, convertible securities

Coal & Power Minister Piyush Goyal says-Hydel power will be affected due to low monsoon-Adequate coal at thermal power plants, coal production up by 11 percent-Contingency plan being worked on to ensure no power outages-Open to further divestment in Coal India; have to bring down stake to 75 percent-Government to bring down stake in Coal India to 75 percent; finance minister to decide timing of divestment-Working on preparedness of mines, commercial mining at later stage-End users of coal will be first priority-Unregulated sector will be priority for next round of auctions-Expect more mines to come up for auction in near future-Looking at converting old plants into ultra mega power projects (UMPP)-In talks with investors; expect fair participation for UMPPs fromm private players-Can consider small UMPPs if need to; Sinha committee to give recommendation-Discoms are a challenge, tariffs are not right sized-In talks with the states to address discom losses-State governments on board with financial restructuring plan-Central, state governments are in talks for 24/7 power by 2019-No question of reconsidering cap on fixed costs & tariffs-Bidding is never done on assumption-Confident of meeting renewable energy target of 1.75 lakh MW-Solar & wind do not have long gestation period

Maharashtra government scraps Mumbai Metropolitan Regions’ 1974 Industrial Policy: PTIGovernment official to PTI:-Industrial Department's permission no longer needed for expansion, modernisation-Scraping 1974 Policy to help ease of doing business initiative

United Breweries says-UTI Investment Advisory acquires 7.9 percent voting rights in United Breweries-UTI Investment Advisory is acting as security trustee for term loan-Move follows upon notification of event of default-UTI Investment Advisory yet to invoke the pledge on shares-UTI Investment Advisory intimated acquisition of voting rights on May 13, 2015

Other stocks and sectors that are in news today:-Gitanjali Gems defers paying non-convertible debentures amidst cash crunch: ET-Hindustan Unilever (HUL) joins hands with Yum! Brands to co-promote new ketchup and pizza brand: ET-Infosys set up panel to oversee acquisitions and large investments: ET-Dena Bank cuts base rate by 25 bps to 10 percent, effective June 8-Power Grid plans to invest Rs 22,500 crore in FY16-Essar Ports says strategic pact with Antwerp Ports mutually terminated; to continue engagements initiated under pact-Railways invite bids for Rs 2,500 crore 'train set' project-Maharashtra government sanctioned Rs 1,413 crore for Ahmednagar-Beed-Parli Vaijnath railway line project-Dilip Buildcon gets SEBI approval for IPO-Moser Baer to raise up to USD 125 million via issue of various securities