🇮🇳 *India Daybook*
🔹 *Stocks in News*
Pidilite unveils state-of-the-art adhesive manufacturing plant in Bangladesh (Positive)
Somany Ceramics: Board of Directors approved amalgamation of Schablona India Ltd with company (Positive)
Aurobindo Pharma gets US FDA nod for anti-bacterial antibiotic, Minocycline Hydrochloride tablets (Positive)
Amazon to invest in Future Retail buy acquiring 49% stake in Promoter Entity - Future Coupons. (Positive)
PM asks Zambian president Edgar Chagwa Lunga to resolve crisis over Vedanta's copper mine (Positive)
TCS: Company launched an enhanced version of its unique diagnostic solution, the TCS intelligent Cloud Migration Continuum (Positive)
Premier: Company has paid in full a one-time settlement amount of Rs 31.17 crore consisting of the principal amount to the Corporation Bank (Positive)
Dabur India: Subsidiary Dabur International acquired management control of a new company Excel Investments (FZE) in Sharjah, UAE (Positive)
Infosys: Company and the University of Illinois Urbana-Champaign entered a strategic partnership for precision medicine. (Positive)
Shreeji Translogistics: Board to consider interim dividend & bonus issue, and migration of the company from SME Platform to the Main Board (Positive)
HDFC Bank: Lender appointed Srinivasan Vaidyanathan as CFO. (Neutral)
Gillette India: Company declared a final dividend of Rs 25 per share for the financial year ended June 2019. (Neutral)
Kennametal India Q1: Consolidated profit falls to Rs 21.5 crore versus Rs 90.4 crore, revenue drops sharply to Rs 250.1 crore versus Rs 945.2 crore YoY. (Negative)
Supreme Infrastructure India: Company postpones the announcement of March quarter earnings. (Negative)
BHEL: CRISIL AA+/Negative Outlook revised from ‘Stable’, Rating Reaffirmed. (Negative)
Shivam Auto: Care revised outlook from 'Stable' to 'Negative'. (Negative)
Rashtriya Chemicals & Fertilizers: ICRA assigned credit rating on the company's long term bank facilities worth Rs 5,100 crore at AA with a negative outlook. (Negative)
Shree Renuka: India Ratings placed the company's Long-Term Issuer Rating of 'BBB+' on Rating Watch Negative (Negative)
Chris Wood cuts India weightage by 1% citing security risk (Negative)