Stock Market Updates: Sensex closes 1.5% lower amid global uncertainty and profit-taking

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Welspun Enterprises: Company emerges as L1 bidder for a Brihanmumbai Municipal Corporation contract worth ₹1,989.9 cr (Positive)

Elgi Rubber: Company approved to sell certain immovable properties of Company, Company approved sale of non-current investments of co in open market. (Positive)

Kansai Nerolac: Company has opened a new sales depot in Salem, Tamil Nadu, increasing its total network to 114 depots across India. (Positive)

Everest Kanto: Company received upgraded ratings from CARE Ratings. Long-term bank facilities retained CARE BBB+; outlook revised from stable to positive. (Positive)

LTI Mindtree: Company strengthens partnership with Curry’s, a leading UK retailer of technology products and services, by enabling transformation of its Omni-channel retail customer experiences leveraging salesforce service cloud, commerce cloud and Mulesoft. (Positive)

Mangalore Chemicals: Company’s Ammonia and Urea plants have now resumed the production (Positive)

Zydus life: Company receives final approval from USFDA for Enzalutamide Capsules, 40 mg. (Positive)

IDFC: IDFC First Board Approves amalgamation of IDFC FHCL with IDFC Limited wef Sep 30 and approves amalgamation of IDFC Limited with IDFC FIRST Bank wef Oct 1. (Positive)

PN Gadgil Jewellers: Company received upgraded ratings from CRISIL Ratings from A-/Stable to A/Stable. (Positive)

BEL: Ministry Of Corporate Affairs approves incorporation of JV company ‘BEL IAI AeroSystems’ with Israel Aerospace Industries. (Positive)

Adani Energy: Company signs business transfer agreement with arm North Maharashtra Power Limited to carve out Adani Dahanu Thermal Power Station. (Positive)

Saksoft Ltd: Company has executed a Share Purchase Agreement to acquire 100% equity interest in Ceptes Software Private Limited (Positive)

Avantel: Company wins order worth Rs 444.9 million from Larsen & Toubro for supply of Satcom systems (Positive)

RailTel: Company receives work order of Rs 134.5 cr from Adani Connex Private Limited (Positive)

Thermax: Company plans to start manufacturing of solid oxide electrolysers in India in next two years. (Positive)

Alembic Pharma: Company gets US FDA establishment inspection report for Panelav facility. (Positive)

Gensol Engineering: Company announces its promoter and MD Anmol Jaggi has hiked its stake in the company through open market acquisition. (Positive)

Hindustan Adhesives: Commenced commercial production of company’s new unit situated at Mauza Majukshetra, West Bengal. (Positive)

Bajel Projects: Company Secures First Data Center Order from an upcoming private service provider (Positive)

Rossari: Company have approved to purchase a plot of land allotted by GIDC adjacent to the existing Dahej Facility of the Company (Positive)

KRBL/LT Foods: Govt allows white rice export with $490/ ton MEP. (Positive)

Spice Jet: Singularity Holdings bought 65 lakh shares at Rs 61.61/sh (Positive)

Reliance Infrastructure: Calcutta High Court rules in favour, upholding the ₹780 crore arbitration award against Damodar Valley Corporation (DVC). (Positive)

Mining Stocks: Iron ore surges almost 8% as Chinese cities ease home curbs. (Positive)

Dalmia Bharat: High Court of Calcutta dismissed the review petition filed against Dalmia Bharat (Positive)

LIC: Company has reduced its shareholding in Mahanagar Gas Ltd. from 9.030% to 6.939%. (Neutral)

Tata Motors: Company conducts groundbreaking ceremony of its new vehicle manufacturing facility in Tamil Nadu. (Neutral)

Lupine: US FDA issues 3 observations to co’s Pithampur facility. (Neutral)

PNB: Bank raises ₹5,000 crore via QIP to strengthen capital base (Neutral)

Dr. Reddy’s: Company completes investment $640 m in Switzerland Unit. (Neutral)

Zomato: Akriti Chopra resigns as Co-Founder & Chief People Officer of the company wef September 27, 2024. (Neutral)

Adani Enterprises: Arm’s JV unit April Moon retail buys 74% stake in Cococart ventures for ₹200 cr. (Neutral)

Pidilite Industries: Company unit Pidilite ventures invests Rs 50 million in Wify, a leading home improvement and maintenance platform. (Neutral)

DB Realty Limited: Company announces the appointment of Mr. Rajeev RA as an Independent Director effective September 27, 2024. (Neutral)

Capacity Infraprojects: Company has appointed Mr. RK Jain as Director- Operation & CEO, effective October 1, 2024. (Neutral)

Gandhar Oil: USFDA inspected manufacturing facility located at taloja, Company received 2 observations in form 483. (Neutral)

ICICI Lombard: Company gets income tax demand of Rs 1,388 crore for April 2021 to March 2022 period (Neutral)

ICICI Prudential Life: Company receives income tax order worth Rs 361 crore, including interest from authorities in Mumbai. (Neutral)

IndusInd Bank: Company approves the reappointment of Sumant Kathpalia as MD and CEO. (Neutral)

OLA: Bhavish Aggarwal announces Ola Electric’s Hyper Service for customers amid mounting after-sales and services complaints. (Neutral)

SpiceJet: Company plans to expand its fleet from 25 to 100 aircraft by the end of 2026, says CMD Ajay Singh. (Neutral)

Biocon: US FDA issues 4 observations to co’s Bengaluru facility (Neutral)

Bharat Agri: Company reports completion of Plinth work for Majiwada Project (Neutral)

Eicher Motors: Company to recall a batch of Royal Enfield (Neutral)

Craftsman: Company has invested EUR 13,500,000 in German Holdco towards subscription of equity shares of the German Holdco (Neutral)

Reliance -Disney merger: I&B Ministry’s nod to RIL for transfer of channels (Neutral)