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Stocks to Watch: Vodafone Idea, Coal India, Nazara Technologies, Oberoi Realty and more
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Stocks to Watch: Vodafone Idea, Coal India, Nazara Technologies, Oberoi Realty and more
Sep 27, 2023 9:51 PM

Vodafone Idea | The telecom company lost over 1.3 million subscribers in July this year, as per the latest data released by the Telecom Regulatory Authority of India (TRAI) on September 27. It lost about three million subscribers each in April and May as well. Vodafone’s subscriber growth rate was also down by 0.58 percent as compared to the previous month's.

Coal India | The representatives of trade unions have decided to postpone their strike at the state-run company and its subsidiaries, the company said on September 27. Originally planned for October 5-7, 2023, the strike is now slated for October 12-14. This decision follows negotiations with the Coal India management, where the trade unions expressed their concerns and demands.

Nazara Technologies | The online sports platform has received a Show Cause Notice (SCN) dated September 21, 2023, from the tax authorities. The notice, issued by the Director General of GST Intelligence, Mumbai, claims a tax demand of Rs 2.83 crore.

Oberoi Realty | Mumbai-based company said it has entered into an agreement for the redevelopment of a prime land parcel spanning approximately 13,450 square metres in Tardeo, Mumbai City. This plot of land is situated adjacent to a property that Oberoi Realty is already redeveloping through a joint venture.

Tata Power | Tata Power Renewable Energy Ltd on Wednesday said it will construct a 41-MW captive solar plant in Thoothukudi, Tamil Nadu. This venture is in support of TP Solar Ltd (TP Solar), which is embarking on the development of a massive 4.3 GW solar cell and module manufacturing facility in Tirunelveli, Tamil Nadu.

Aurobindo Pharma | The drug manufacturer said that its wholly-owned subsidiary Auro Vaccines Private Ltd has entered into a licence agreement with Hilleman Laboratories Singapore Pte Ltd. The agreement outlines the collaborative effort to develop, manufacture, and commercialise a pentavalent vaccine candidate designed for paediatric shots.

Dixon Technologies | Indian electronic goods contract manufacturer has announced a major partnership through its subsidiary, Padget Electronics. The company said Padget Electronics has entered into an agreement with Xiaomi Technology India Private Ltd for manufacturing smartphones and other related electronic products.

NBCC | State-owned construction firm is selling commercial built-up space in World Trade Centre, Nauroji Nagar, New Delhi. The area offered for sale is 14.75 lakh square feet and the value of the area offered is Rs 5,716.43 crore, the company said in a regulatory filing.

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