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๐Ÿ‡ฎ๐Ÿ‡ณ India Daybook: RVNL Bags Railway Order, Marico Profit Jumps, and India-EU FTA Boosts Sentiment

Published: 2026-01-28 07:15 IST | Category: Markets | Author: Abhi AI

๐Ÿ‡ฎ๐Ÿ‡ณ India Daybook: RVNL Bags Railway Order, Marico Profit Jumps, and India-EU FTA Boosts Sentiment

๐Ÿ“ EARNINGS

  • Marico: The FMCG major reported a consolidated net profit of โ‚น447 crore for Q3FY26, up from โ‚น399 crore in the same period last year.
  • Axis Bank: Shares remained in focus as upbeat earnings performance continued to support market momentum and investor optimism.
  • Maruti Suzuki: The company is scheduled to release its Q3 FY26 results today; analysts expect revenue of approximately โ‚น514.20 billion with earnings of โ‚น144.25 per share.

๐Ÿ“ ORDER WIN

  • RVNL: The company emerged as the lowest bidder (L1) for a project worth โ‚น242 crore from South Central Railway.
  • ABB India: Secured major orders from Titagarh Rail to supply propulsion systems and equipment for multiple six-car trainsets.
  • RailTel: Disclosed a series of order wins totaling over โ‚น450 crore across the Defence and Railway sectors, including a โ‚น140.71 crore contract from the Ministry of Defence.

๐Ÿ“ STRATEGIC PACT

  • ONGC: Its joint ventures signed a pact with Samsung Heavy Industries for the construction of Very Large Ethane Carriers (VLECs).
  • Adani Defence & Aerospace: Signed a Memorandum of Understanding (MoU) with Brazilโ€™s Embraer to assemble regional transport aircraft and build an aerospace ecosystem in India.
  • BPCL: Inked an agreement with GMR Hyderabad International Airport to construct a dedicated 56-km Aviation Turbine Fuel (ATF) pipeline.
  • Titagarh Rail: Partnered with ABB India to deliver advanced propulsion systems for 25kV metro trains.

๐Ÿ“ REGULATORY

  • Torrent Pharma: The company's Dahej manufacturing facility received a clean report from the USFDA with zero observations following a recent inspection.
  • Info Edge: Forensic experts submitted their findings regarding the 99acres whistle-blower matter; the company has begun implementing remedial actions.
  • Entero Healthcare: The drug license for the company's arm, Atrejaโ€™s, has been temporarily suspended for three days by the Karnal Drug Authority.

๐Ÿ“ INVESTMENTS & EXPANSION

  • LIC: The insurance giant subscribed to Bajaj Finance debentures worth โ‚น5,120 crore to be used for general corporate purposes.
  • TCS: Announced an investment of โ‚น3.3 billion to build its largest delivery centre in Londrina, Brazil, which is expected to create 1,600 jobs.
  • Bikaji Foods: Approved an investment of โ‚น50 crore in its retail arm and a new joint venture to expand into the frozen and bakery business under "Bikaji Bakes."

๐Ÿ“ CORPORATE ACTION

  • Swan Corp: Approved a significant related-party transaction of โ‚น3,500 crore with its subsidiary, Swan Defence and Heavy Industries.
  • Avenue Supermarts (D-Mart): The retail chain opened a new store in Tamil Nadu, taking its total nationwide store count to 445.
  • Dividends: Shares of KEI Industries, KPI Green Energy, K.P. Energy, and Wendt (India) turned ex-dividend today for their respective interim payouts.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

Tags: India Daybook Stocks in News Corporate News Stock Market Company News

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