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    Stocks in news: Nestle India, Titan, Vodafone Idea, Wipro, Tata Steel

    Synopsis

    The Board of Nestle India approved paying a royalty fee to its parent company Nestle S.A. The payment will be made at a rate of up to 5.25% of total net sales and it is payable in a staggered manner over five years.

    Stocks in newsAgencies
    Indiabulls Real Estate has approved raising up to Rs 3,910.93 crore through preferential issue of equity shares and convertible warrants.
    Equity markets started the new fiscal on a high as benchmark indices scaled fresh lifetime highs last week. In today's trade, shares of Nestle India, Titan, Vodafone Idea, Wipro, Tata Steel will be in focus.

    Nestle India
    The Board of Nestle India approved paying a royalty fee to its parent company Nestle S.A. The payment will be made at a rate of up to 5.25% of total net sales and it is payable in a staggered manner over five years.

    Titan
    Consumer discretionary major Titan Co reported a high double-digit revenue growth for the quarter ended March 2024 on the back of solid show by jewellery and emerging businesses.

    Info Edge
    The company has reported standalone billings of Rs 827 crore during the quarter and the year ended March 2024.

    Aurobindo Pharma
    Aurobindo Pharma has appointed T Vijaya Kumar as President, Research and Development, with effect from April 5.

    Vodafone Idea
    The Board of Vodafone Idea has approved issuance of up to 139 crore shares at an issue price at Rs 14.87 per share to Oriana Investments.

    Wipro
    Thierry Delaporte, the Chief Executive Officer of India's fourth largest IT services company Wipro , resigned on Saturday, the company said in a statement.

    Read more: Here's the trade setup for today's session

    Tata Steel
    Tata Steel's India production rose 4% year-on-year to 5.38 mt and India deliveries were up 5% to 5.41 mt, the company said in a filing.

    Gland Pharma
    Gland Pharma received USFDA approval for Eribulin Mesylate Injection that is used to treat Breast Cancer spread to other parts of the body.

    Cochin Shipyard
    Cochin Shipyard has signed a master shipyard repair agreement (MSRA) with the US Navy to repair US Naval Vessels under Military Sealift Command.

    Strides Pharma
    US FDA has concluded current good manufacturing practices (cGMP) inspection at Stride Pharma’s Chennai facility with 2 observations.

    Bandhan Bank
    Chandra Shekhar Ghosh will retire as the MD and CEO of Bandhan Bank upon tenure completion.

    Indiabulls Real Estate
    Indiabulls Real Estate has approved raising up to Rs 3,910.93 crore through preferential issue of equity shares and convertible warrants.




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    (You can now subscribe to our ETMarkets WhatsApp channel)

    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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