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*News Headlines from Business News Agencies:* *Business Standard* 📝 India's merchant fleet to get 100 ships, but ageing fleet remains a hurdle 📝 Premiumisation to drive 8-11% growth in home sales value in FY27: Icra 📝 German chipmaker Infineon takes Bengaluru office on ₹750 crore lease deal 📝 Dilip Buildcon weighs InvIT route to monetise its renewable power assets 📝 Deloitte to pay $21.5 mn to settle US workplace discrimination claims 📝 Octave Intelligence opens GCC in Hyderabad, plans workforce expansion 📝 L&T wins 13 orders since July, signalling revival in West Asia business 📝 India's rice exports to 26 priority markets outpace 3-year average 📝 Reliance Jio gets tax relief as ITAT deletes ₹11,003 cr disallowance 📝 Indian refiners widen oil search as Ukrainian attacks hurt Russian flows 📝 AI can lower price of IT projects by up to 25%, says Hexaware CEO 📝 Nomura remains bullish on OMCs despite high crude prices; prefers IOC, BPCL *Economic Times*   📝 Tea industry seeks Rs 113 crore annual package to revive Darjeeling sector 📝 M&A deals more than double as India Inc steps up growth bets: Crisil 📝 Wipro Consumer Care enters pet food market with launch of Snuggles 📝 Incubit Group plans Rs 5,000 crore India investment, eyes energy infrastructure expansion 📝 UBL’s Delhi beer business crosses Rs 250 crore run rate after distribution shift 📝 ONGC plans $200 million investment to revive Venezuela oilfield 📝 Jio Financial to launch AI-powered ‘personal CFO’, membership programme 📝 Nestle backs stricter food labelling norms, says transparency key for consumers 📝 L&T partners with French firm to market specialised road construction equipment in India 📝 Flipkart Minutes overtakes Swiggy Instamart in dark stores across top 10 cities 📝 Allcargo Logistics scales up its blue-collar workforce to cater to festive demand 📝 Medicover India hospitals to be profitable in 18 months, eyes 20-25% margins *Mint* 📝 Engineering exports jump 18% to $12.24 billion in July; US remains top market 📝 Textile firms spin smart comeback in Q1, eye strong FY27 📝 TCS revs up M&As with Porsche deal, but fails to wow 📝 HP seals multi-year Wi-Fi patent deal with US-blacklisted Huawei 📝 Avaada Electro cuts IPO size to ₹7,600 cr amid valuation, concentration concern 📝 HaystackAnalytics uses genomics to support infectious disease diagnostics 📝 Indiabulls signs deal for ₹3,700 crore Gurugram project 📝 boAt FY26 net profit rises 38 pc to ₹84.5 cr 📝 Anthropic sees $30 trillion TAM, company tells investors: Report 📝 Hyundai expansion in top gear: 26 new models to hit Indian roads by 2030

*Resonance Specialties:* CRISIL reaffirmed the Company’s rating on total bank loan facilities worth Rs. 14 crore at CRISIL BBB-/Stable. (Neutral) *Physicswallah:* Light speed Opportunity Fund Sells 4.7 Cr Shs (1.6% Equity) in Co for ₹550 Cr. (Neutral) *Mankind Pharma:* Company approves voluntary liquidation of Bharat Serums and Vaccines (Neutral) *Devyani International:* Devyani RK has been struck off and stands dissolved from August 25. (Neutral) *IRB Infrastructure:* Company approves raising Rs. 351 crore via preferential issue to IRB Infrastructure Developers. (Neutral) *Star Cement:* Q1 cement sales volume grew 7% YoY while realisations increased 1.2% YoY; margins impacted by higher diesel prices. (Neutral) *Jio Financial Services:* Reappoints Hitesh Sethia as MD & CEO for five years from November 15. (Neutral) *Rustomjee:* Board approves raising up to Rs. 405 crore through listed NCDs via private placement. (Neutral) *GE Shipping:* Bard meeting today to consider a proposal to buy back fully paid-up equity shares of the company. (Neutral) *Standard Engineering:* Amansa Holding sold 11.58 lakh shares at Rs. 324.60 per share. (Neutral) *TCC Concept:* Goldman Sachs Asia Strategic sold 4.05 lakh shares at Rs. 258.48 per share. (Neutral) *Groww:* Ribbit Capital V LP and Ribbit Cayman GW Holdings V sold a combined 11.31 crore shares at around Rs. 196 per share. (Neutral) *DMart:* American Funds Insurance Series Global Growth and Income Fund sold 67.65 lakh shares at Rs. 3,750.58 per share. (Neutral) *HDFC Bank:* Facing a federal securities class-action lawsuit in the US, with investors alleging that the lender made misleading disclosures (Neutral) *PG Electroplast:* Deepak Kumar Seth sold 5.50 lakh shares at Rs. 2,280.51 per share. (Neutral) List of stocks included in the Short term ASM Framework: Max Estates (Neutral) List of stocks excluded from ASM Framework: KRN Heat Exchanger and Ujaas Energy. (Neutral) *UPL:* Group COO Toshan Tamhane resigns with effect from August 31. (Negative) *Emami, NHPC:* Likely Impact from Nepal floods (Negative) *Tata Power:* Singapore court dismisses the company's challenge to an arbitral award; company to appeal the ruling. (Negative)

*🌹🇮🇳India Daybook – Stocks in News* *Juniper Green:* Revenue reported at Rs. 291.2 crore versus Rs. 160.7 crore. Net profit at Rs. 33.5 crore versus Rs. 21.7 crore YoY. (Positive) *ARSS Infrastructure Projects:* Company secured a Rs. 104.06 crore order from East Coast Railway for the construction of a Road Over Bridge (ROB). (Positive) *Nitco:* Company formed a joint venture with The House of Abhinandan Lodha for a Rs. 4,500 crore Alibaug project. (Positive) *Bharat Electronics:* Company received orders worth Rs. 730 crore, including orders for communication equipment, radar, avionics and cyber security solutions. (Positive) *GK Energy:* Company received a Letter of Empanelment (LoE) from a state government-owned power distribution utility. (Positive) *BBTC:* Supreme Court recalls its earlier observation on the Rs. 4,655 crore lease-rent claim and grants relief to the company. (Positive) *Titagarh Rail Systems:* Company signs MoU with Siemens for global metro projects. (Positive) *Man Infraconstruction:* Board to meet on September 1 to consider a share buyback proposal. (Positive) *Alembic:* Promoter group Nirayu Pvt Ltd acquired 1.29 lakh shares in the company. (Positive) *Gaja Alternative:* Invesco Mutual Fund bought a combined 85.95 lakh shares at prices ranging between Rs. 174.50 and Rs. 185 per share. (Positive) *Emami:* Re-appoints Harsha Vardhan Agarwal as Vice Chairman & MD for 5 years from April 1, 2027 (Positive) *Samvardhana Motherson:* Company’s arm MECL starts production at new Pune facility. (Positive) *Godrej Consumer Products:* Company inaugurated its fourth manufacturing unit at Malanpur, Madhya Pradesh. The 65-acre facility represents a cumulative investment of Rs. 850 crore. (Positive) *Fino Payments Bank:* Company stated that the Reserve Bank of India (RBI) approved a three-month extension for Ketan Merchant as Interim CEO, effective August 27. (Positive) *Foseco:* Ex-promoters to sell 15.27% stake via Block deal (Neutral) *Aye Finance:* Alpha Wave India to sell 7.8% stake via Block deal (Neutral) *Reliance Communications:* Company received an order from the Prevention of Money Laundering Act (PMLA) Adjudicating Authority confirming the attachment of assets worth Rs. 581.65 crore. (Neutral) *Hindustan Copper:* The Department of Investment and Public Asset Management (DIPAM) Secretary stated that the Company’s Offer for Sale (OFS) was oversubscribed on both days. (Neutral) *Krishna Institute of Medical Sciences:* Company clarified reports regarding a potential acquisition of a stake in Renova Hospitals for $52 million, stating that it had neither entered into any agreement or Memorandum of Understanding (MoU) nor engaged in discussions regarding the transaction as of date. (Neutral) *Vedanta Iron and Steel:* Company’s unit received a tax demand-cum-show cause notice, under which the department proposed a tax demand of Rs. 157 crore along with applicable interest and penalty. (Neutral) *ICICI Prudential AMC:* Promoter Prudential Corporation Holdings will sell up to a 2% equity stake through the open market to comply with minimum public shareholding requirements, with completion expected by August 27, 2026. (Neutral) *Cemindia:* Adani Group-backed Cemindia Projects may launch a $524 million Qualified Institutional Placement (QIP), with banks reportedly hired for the proposed fund raise. (Neutral) *DCB Bank:* Company clarified reports regarding discussions with private equity firms for capital infusion, stating that it evaluates strategic and other opportunities from time to time. (Neutral) *NHC Foods:* Company proposed a preferential issue of up to 25.60 crore convertible warrants at Rs. 2.10 per warrant, aggregating up to Rs. 53.76 crore, to strengthen its capital base and support growth plans. (Neutral) *Mold-Tek Packaging:* Company’s Board recommended a bonus issue of equity shares in the ratio of 1:1. (Neutral) *String Metaverse:* Company’s wholly owned Hong Kong subsidiary, String Fintech HK Limited, received an endorsement from Dun & Bradstreet (D&B). (Neutral)

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