š®š³ *India Daybook*
š¹ *Stocks in News*
*Lupin*: Company and Mylan receive European marketing authorization for Nepexto, Biosimiliar Etanercept (Positive)
*RITES* Subsidiary mandated for management of 3 GW solar plants installation on Railway Land (Positive)
*HCL Tech* and Google Cloud expand partnership to digitally transform commerce (Positive)
*Reliance* Global Invst Co, Mubadala to pick up 1.85% in Jio Platforms for Rs 9,093.6 cr (Positive)
*NIIT Ltd* has given in-principle approval for the divestment of its Schools Learning business to a strategic or financial partner (Positive)
*Mahindra Logistics* said that it has a comfortable liquidity position being a net surplus cash company with zero long term debt. (Positive)
*Can Fin Homes* said that it has been servicing its debts and other financial obligations during lockdown and will continue to service its future obligations without any hassle. (Positive)
*APL Apollo Tubes* has noted good demand for its products from its consumers as various construction sites have become operational. (Positive)
*Petronet, IOC* India allows setting up LNG stations without city gas license (Positive)
*Tata Power* Prepares to Launch Rights Issue. (Positive)
*TD Power*: Sees sales recovering substantially by 1H end, overall impact will not be severe in FY21. (Positive)
*SH Kelkar*: Fidelity Investment Trust sold 8,10,800 shares at Rs 65.24 in a bulk deal on the NSE. (Neutral)
ET Reports: No activity to report on Amazon, says *Airtel*. (Neutral)
*HDFC Life*: Standard Life sold 40,000,000 shares at Rs 496.40 in a bulk deal on the BSE.
(Neutral)
*SRF Q4* Profit at Rs 179.0 cr versus poll of Rs 226 cr, revenue at Rs 1858.0 cr versus poll of Rs 2097.0 cr YoY (Negative)
*TFCIL Q4* Profit at Rs 12.1 crore versus Rs 25.5 crore, Revenues at Rs 54.4 crore versus Rs 63.1 crore (Negative)
*RBL Bank*: BNP Paribas Arbitrage sold 36,84,210 shares at Rs 125.86 in a bulk deal on the NSE. (Negative)
*DLF*: Reported a consolidated net loss of Rs 1,864.78 crore. Revenue from operations stood at 1,873.80 crore in Q4 FY20 against Rs 2,660.95 crore in Q4 FY19. (Negative)
*PowerGrid*: The DoT has asked the company to pay Rs 13,614 crore dues on account of license fee for FY07-10. (Negative)