Stocks in news: Stocks in news: Infosys, Dixon Tech, AstraZeneca Pharma, HAL, GMR Airports

Domestic markets began the week on a subdued note and ended nearly flat, pausing after Friday’s decline. In today’s trade, shares of Infosys, Dixon Tech, AstraZeneca Pharma, HAL, GMR Airports among others will be in focus due to various news developments.

Infosys
The Securities and Exchange Board of India (Sebi) on Monday lifted restrictions placed on employees of Infosys and connected entities and dismissed charges of insider trading against them.AU Small Finance Bank
AU Small Finance Bank has signed a corporate agency agreement with Kotak Mahindra Life Insurance to provide life insurance solution to bank’s customers.

HG Infra

HG Infra has bagged a road project worth Rs Rs 781 crore from Road Transport Ministry.Dixon Tech
Dixon Tech’s subsidiary Padget Electronics has signed MOU with HP India sales to manufacturing notebooks, desktops and all-in-one PCs.

IRB Infrastructure

IRB Infrastructure said its August gross toll collection was up 20% at Rs 503 crore.

HAL
HAL has appointed DK Sunil as Chairman and Managing Director (CMD) of the company with effect from September 9, 2024.

GMR
Airports
GMR Airports Infrastructure has signed a share purchase agreement with Fraport AG Frankfurt Airport Services Worldwide to acquire 10% equity stake in Delhi International Airport for $126 million.

Ahluwalia Contracts
Ahluwalia Contracts bagged two orders worth Rs 1,307 crore from Signatureglobal Business Park and Signatureglobal Homes for a group housing project.

Union Bank
Union Bank of India on Monday announced its decision to become a signatory to the Partnership for Carbon Accounting Financials (PCAF).

Awfis Space Solutions
Flexible workspace provider Awfis Space Solutions has entered into a business transfer agreement with SMS Integrated Facility Services for the divestiture of its facility management division – Awfis Care for a sale consideration of Rs 27.5 crore.

Zaggle Prepaid
Zaggle Prepaid has signed ab agreement with HDFC ERGO General Insurance Company to provide the services of Zaggle Propel reward platform.

Aarti Drugs
Aarti Drugs to buyback 6.65 lakh shares of the company worth Rs 59.85 crore at Rs 900 per share. The buyback will open on September 11 and closes on September 18.

Religare Enterprises
Based on a complaint by ED, Mumbai Police has registered an FIR against 3 senior officials of the company.

AstraZeneca
Pharma
Shares of AstraZeneca Pharma will be in focus as the GST Council reduced rates on cancer drugs from 12% to 5%.

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