Stocks in news : 27 Feb 2025

Quarterly Results Announcements Companies including

India, and shall announce their quarterly earnings for the three-months ended on December 31, 2024 today. Key Corporate Developments and the TATA Group are in bilateral discussions to explore a potential transaction to combine TATA Group's direct-to-home (DTH) business housed under Tata Play, with Bharti Telemedia, a subsidiary of Airtel, in a structure acceptable to all parties. Cement will be setting up a wires and cables plant near Bharuch in Gujarat with a capital expenditure of Rs 1,800 crore over the next two years. Wipro will be committing $200 million to its venture arm, Wipro Ventures, in its latest round of funding. Adani Green Energy's subsidiary, Adani Saur Urja (LA), has received a letter of award (LoA) from Uttar Pradesh Power Corporation (UPPCL) for the procurement of 1,250 MW energy storage capacity from pumped hydro storage projects. Tata Power Company has signed a memorandum of understanding (MoU) with the Assam Government to tie up and support up to 5,000 MW of renewable and clean energy projects. Regulatory Updates and Approvals!Dr Reddy's Laboratories has received the Establishment Inspection Report (EIR) from the USFDA for its API manufacturing facility (CTO-2) in Bollaram, Hyderabad. Emcure Pharmaceuticals received two observations in Form 483 after the USFDA conducted a current Good Manufacturing Practices (cGMP) inspection of the company's API manufacturing facility at Pune, Maharashtra. Caplin Point Laboratories' subsidiary, Caplin Steriles, has received final approval from the USFDA for its abbreviated new drug application (ANDA) for Brimonidine Tartrate and Timolol Maleate Ophthalmic Solution (eye drops). Note : Follow Risk Management and Position Sizing at all times