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Stocks to watch: Bajaj Auto, HAL, Paytm, RVNL among shares in focus today

Stocks to watch: Bajaj Auto, HAL, Paytm, RVNL among shares in focus today

Mint17 hours ago
The leading automobile firm has raised ₹ 500 crore through commercial paper, issued at a discount rate of 6.25%, with a CRISIL A1+ credit rating.
UltraTech Cement is set to surpass the 200 MTPA capacity milestone by the close of the current fiscal year, a full year ahead of its FY27 target, Chairman Kumar Mangalam Birla announced.
Indian Oil and Air India have entered into a Memorandum of Understanding (MoU) for the supply of sustainable aviation fuel.
The Cabinet Committee on Security has cleared the acquisition of 97 LCA Mark 1A fighter jets from Hindustan Aeronautics, in a deal valued at ₹ 62,000 crore, making it one of HAL's biggest defence contracts.
IRFC has sanctioned and finalized a new term loan agreement of ₹ 199.70 crore with Surat Integrated Transportation Development Corporation Limited (SITCO).
Motilal Oswal AMC, via its different schemes, acquired an additional 26.31 lakh shares of Paytm, equivalent to a 0.41% stake, raising its overall holding to 5.1577%, compared to 4.7453% on August 11.
The company has won the bid for the Tandsi - III and Tandsi - III Extension coking coal blocks, securing them with a 10.5% premium. Situated along the Madhya Pradesh–Maharashtra border, the mine covers about 338 hectares and is estimated to contain reserves of 23 million metric tonnes.
The company declared the commencement of commercial operations for a 212.5 MW capacity unit, the fourth segment of its 1,255 MW Khavda-I Solar PV project in Gujarat, managed through its subsidiary NTPC Renewable Energy.
The company has entered into strategic partnerships with The Chemours Company to jointly work on the production and commercialization of advanced fluoropolymers and fluoroelastomers.
The company is scheduled to meet on August 22 to discuss a potential fundraise of up to ₹ 3,000 crore through QIP, FCCBs, or other instruments, pending necessary shareholder and regulatory approvals.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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Mopa-London direct flights from Oct 26
Mopa-London direct flights from Oct 26

Time of India

time43 minutes ago

  • Time of India

Mopa-London direct flights from Oct 26

Panaji: Offering hope to Goan expats and British tourists, Air India indicated the resumption of direct flights from Mopa to London (Gatwick) from Oct 26. Air India, currently facing a shortage of aircraft, is expected to operate three flights per week. The airline announced that the route will be operated thrice a week — on Tuesdays, Fridays and Sundays — using its Boeing 787-8 Dreamliner aircraft. Officials at Mopa's Manohar International Airport said that the private airline has slots for the direct flight and can resume operations whenever feasible for the airline. The airline's website has opened up bookings for the direct flight, with economy fares beginning at Rs 31,300 for a one-way flight to London on Oct 26. 'Air India has not cancelled their slots with us. They still have the slots for the London flights, and they can resume operations as soon as they want,' said GMR Goa International Airport Ltd official. Rajya Sabha MP Sadanand Shet Tanavade had mentioned the need to restore the Goa–London Gatwick flight during the Zero Hour in Parliament. Air India launched the non-stop flight to London in July 2023 with three flights per week. The flight offered a vital travel link for thousands of Goans, including students and senior citizens, living in the UK. The suspension of the flight following the crash at Ahmedabad caused inconvenience to Goans travelling to London. Air India is currently undergoing a $400 million fleet-wide refurbishment programme, with a significant focus on upgrading its Boeing 787-8 Dreamliners and the Boeing 777 aircraft. This modernisation programme, which will continue well into 2027, has proved to be a challenge for the airline in terms of operational deployment. Resumption of the direct flights to London comes just as Goa's charter season picks up and tourism inflows commence for the travel season. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.

After India-Russia, Apple ignores Trump's threat, takes BIG decision linked to India, will manufacture…, in…
After India-Russia, Apple ignores Trump's threat, takes BIG decision linked to India, will manufacture…, in…

India.com

timean hour ago

  • India.com

After India-Russia, Apple ignores Trump's threat, takes BIG decision linked to India, will manufacture…, in…

Former U.S. President Donald Trump's tariff threats were not taken seriously by India. The country is still buying oil from Russia,similarly even after Trump's warning while Apple has taken this decision. India Resumes Russian Oil Imports State-run oil companies Indian Oil (IOC) and Bharat Petroleum (BPCL) have restarted purchases of Russian crude for September and October deliveries. The decision was driven by rising discounts on Russian oil. According to two company officials quoted by Reuters, these firms had stopped buying in July when discounts had narrowed, but are now benefiting from a $3 per barrel discount on Russian Urals crude. Trump had imposed tariffs on many countries worldwide and issued several warnings. He threatened that if India continued to buy crude oil from Russia he may penalise the country with more tariffs. Also Read: Big trouble for Sundar Pichai's Google and Steve Jobs Apple? this regulator to mandate changes for…, to protect consumers, businesses from… iPhone Makers Big Decision Linked To India He had already given warnings to Apple. However, neither India nor Apple seems to be falling for his pressure. Apple has now decided that the entire new iPhone series will be manufactured in India. For the first time, all models of the iPhone 17 series, including the Pro versions, will be manufactured in India across five factories, two of which have recently become operational. Apple is doing this to reduce its dependence on China for iPhones destined for the U.S. market and to shield itself from the risk of tariffs. The company has already shifted a major share of iPhone production from China to India. Also Read: Satya Nadella's BIG move, Microsoft stops 30-year-old practice and drops Apple, IBM, Meta, NVIDIA from its list of… Story Highlights India Russia Response On Donald Trump's Tariffs Apple iPhone 17 To Be Manufactured In India Donald Trump Warning To India Over Russian Oil Apple Iphone 17 In India According to Bloomberg, Tata Group's plant in Hosur and Foxconn's hub near Bengaluru Airport will play a critical role in this expansion. Tata has emerged as Apple's fastest-growing partner, and experts believe it could handle nearly half of India's iPhone production within the next two years.

IndianOil, Air India Sign MoU To Supply Sustainable Aviation Fuel, Check Details
IndianOil, Air India Sign MoU To Supply Sustainable Aviation Fuel, Check Details

News18

time3 hours ago

  • News18

IndianOil, Air India Sign MoU To Supply Sustainable Aviation Fuel, Check Details

Last Updated: The agreement underscores the shared commitment of both companies to support global decarbonization efforts and accelerate the transition toward cleaner air transport. Indian Oil Corporation Limited and Air India on Monday signed a Memorandum of Understanding (MoU) for the supply of Sustainable Aviation Fuel (SAF), marking a step toward reducing carbon emissions in India's aviation sector. As per a press release by IndianOil, the MoU was signed by Shailesh Dhar, executive director (Aviation) at IndianOil, and P. Balaji, group head – governance, regulatory, compliance (GRC) and corporate affairs at Air India, in the presence of A. S. Sahney, chairman of IndianOil, and Campbell Wilson, CEO of Air India. The agreement underscores the shared commitment of both companies to support global decarbonization efforts and accelerate the transition toward cleaner air transport. Highlighting the significance of the agreement, A. S. Sahney said, 'The signing of this MoU with Air India represents a strategic step in India's transition to sustainable aviation. With our ISCC-CORSIA-certified SAF from Panipat, IndianOil is ready to provide a sustainable fuel solution that will help decarbonize air travel. Partnering with India's flagship carrier, we are aligning national growth with global climate goals and setting a benchmark for the industry." This development builds upon IndianOil's milestone achievement of becoming the first Indian company to receive ISCC CORSIA certification for SAF production at its Panipat Refinery. The certification, granted under the International Civil Aviation Organization's (ICAO) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), confirms IndianOil's ability to produce SAF that complies with stringent global standards on sustainability and lifecycle carbon emissions. Air India's CEO and MD, Campbell Wilson, noted that the airline's collaboration with IndianOil is part of its broader sustainability agenda. 'Through this MoU with IndianOil, Air India is committed to support the Government of India's initiatives to promote sustainable development in the aviation sector and to further its own sustainability goals to achieve the IATA Net Zero by 2050 target," Wilson said. By integrating certified green fuels into commercial operations, the partnership aims to ensure a reliable and transparent SAF supply chain that not only meets but potentially exceeds CORSIA targets for international flights. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy. Loading comments...

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