Stocks in the News: Stocks in the News: HDFC Bank, Vodafone Idea, Dr Reddy’s, RIL, IndiGo

Domestic markets extended their rally and gained almost half a percentage point on Tuesday, supported by a recovery in global indices. Today, shares of HDFC Bank, Vodafone Idea, Dr. Reddy, Reduce, Indigo Among others, they will be in the spotlight due to various news developments.

Vodafone Idea
In recent weeks, Vodafone Idea has been in touch with state-run lenders Power Finance Corp. (PFC) and REC Ltd for loans to meet its medium-term funding needs, ET reported.

Dr. Reddy
Dr Reddy’s Laboratories (DRL) on Tuesday issued a clarification after the Congress party alleged that the company benefited from its association with Sebi chairperson Madhabi Puri Buch’s husband Dhaval through Agora Advisory Pvt Ltd.

Reliance Industries
Reliance Industries has set September 20 as the last date for payment of call money on partially paid shares.

Indigo
The Bureau of Civil Aviation Security (BCAS) has reduced the fine imposed on the company from Rs 1.2 crore to Rs 70 crore.

Oil in India
Oil India (OIL), ONGC Videsh (OVL) and Khanij Bidesh India (KABIL) signed an MoU with IRH, UAE for global cooperation in the supply chain of critical minerals.HDFC Bank
The RBI has imposed a fine of Rs 10 crore on HDFC Bank for non-compliance with certain instructions issued by the RBI on the interest rate on deposits.Pidilite Industries
Pidilite Industries has clarified the association of Dhaval Buch, Agora Advisory with the company.

Ramco Systems
Ramco Systems has announced the launch of Aviation Software 6.0 for smarter aircraft management.

Pharmova jubilant
The U.S. FDA has classified Jubilant HollisterStier LLC, a subsidiary of Jubilant Pharmova, in Spokane, Washington, as a voluntary action indicated (VAI).

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