Stocks in news today

$DALBHARAT ’s wholly owned subsidiary-- Dalmia Cement (Bharat) Limited (DCBL) has executed a Business Transfer Agreement with Jaiprakash Associates (JAL) (which has been acquired by Adani Group under the Insolvency & Bankruptcy Code IBC) and Adani Infra (India) on May 21, 2026 for acquisition of Cement Undertaking comprising of plants located at Rewa (Madhya Pradesh), Churk, Chunar and Sadwa (Uttar Pradesh) with 5.2 MnTPA cement capacity and 3.3 MnTPA clinker capacity at an enterprise value of Rs 2,850 crore. The asset also entails 99 MW of thermal power capacity and railway siding at Rewa and Chunar, along with a common railway siding at Churk. $MPHASIS has launched the ‘Mphasis AI Hub’, a cross-functional collaboration aimed at accelerating AI-led research, innovation, and capacity building for societal and sectoral impact in India. The initiative is supported by the Mphasis F1 Foundation, which will invest around Rs 20 crore over four years in Phase 1 to advance research and applied AI solutions. The initiative will focus initially on Healthcare and Finance, with plans to expand into other priority sectors. At the core of the partnership is the establishment of a dedicated AI research hub at ISB, designed to serve as a platform for interdisciplinary research and multi-stakeholder collaboration. $ABDL has received approval for incorporation of an Overseas Wholly Owned Subsidiary in United Kingdom with the name ABD UK and/or ABD as a prefix, as approved by the relevant authority (NewCo) along with the initial capital of 100 GBP. The objects of the Company, inter alia, includes distilling, rectifying and blending of spirits, trading, warehousing and manufacturing of beer, sale of food and beverages and wholesale of wine, beer, spirits and other alcoholic beverages. The Board of Directors of the company at its Meeting held on May 21, 2026, has, inter alia, considered and approved the same.