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Stocks to Watch: SBI, Tata Power, Jet Airways, Vedanta – Mint

Therefore, it has become imperative for the Company to pass on some impact of the above additional costs to customers through a price hike,” Maruti informed in an exchange filing today.

Tata Power: Tata Power has collaborated with amã Stays & Trails, India’s first branded homestay portfolio by Indian Hotels Company Ltd, to set up EV charging stations at over 30 of its villas and heritage bungalows across 11 destinations.

Jet Airways: India’s Jet Airways is in talks with planemakers Boeing Co and Airbus SE for an order worth $12 billion, BloombergQuint reported on Thursday, citing Bloomberg News.

Vedanta: Cairn Oil and Gas, a unit of Vedanta Ltd, plans to invest as much as $5 billion over the next 2-3 years as it seeks to expand oil production to almost 500,000 barrels a day, chief executive Prachur Sah said.

“Biocon Pharma, a subsidiary of the company, has received approval from the US Food and Drug Administration for Mycophenolic Acid,” the company said in a regulatory filing.

Meghmani Finechem: Ratings agency Crisil has upgraded the rating of Meghmani Finechem Ltd to Crisil AA-/Stable with the rationale being steady revenue growth, healthy operating margin, good demand prospect and improving financial risk profile.

Crompton: Electronics brand Crompton Greaves Consumer Electricals Ltd., centre in Vikhroli, Mumbai, to step-up innovation.

…Read the full story

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