TL;DR by CuriousCats.ai
- CDSL faced a malware attack in November 2022, which led to a ₹1 crore penalty imposed by Sebi due to cybersecurity lapses.
- SBI Funds Management IPO was subscribed 42 times and is set to list on July 21.
- Paytm reported a 79% year-on-year profit jump for the June 2026 quarter, with a profit of ₹220 crore.
- Tata Steel announced a ₹10,000 crore investment plan for its Jharkhand projects by 2028, which is expected to create 2,000 jobs.
- IndiGo placed a record order for more than 1,000 engines with CFM International to power its fleet of A320 neo family aircraft.
- Canara HSBC Life reported a 20.2% profit growth for the June quarter, with a profit of ₹28.1 crore.
- Emcure Pharma launched Poviztra, a treatment for fatty liver.
CuriousCats Full Story
Tata Steel is set to invest ₹10,000 crore in Jharkhand by 2028, creating 2,000 jobs. IndiGo has placed a record order for over 1,000 LEAP-1A engines from CFM International, marking the largest single order for these engines.45
Canara HSBC Life Insurance reported a 20.2% increase in profit to ₹28.1 crore, with net premium income rising 23.8% to ₹2,047.5 crore.6
Meanwhile, CDSL faces a ₹1 crore penalty from Sebi due to cybersecurity issues linked to a malware attack.1
Emcure Pharmaceuticals announced that its semaglutide brand, Poviztra, is now available for treating fatty liver.7
The stock market is abuzz with these developments as investors react to earnings reports and strategic moves from these key players.
Key Insight
“Tata Steel announced a ₹10,000 crore investment in Jharkhand projects by 2028, expected to create 2,000 jobs. IndiGo signed a record order with CFM International for over 1,000 LEAP-1A engines to power its A320neo fleet.”
CuriousCats studied:
1
ET Now
ET Now“Stocks to Watch Today, July 21: Indian stocks are set for a busy session on Tuesday as investors track a mix of quarterly earnings, corporate developments and regulatory updates.”
ET Now →2
Upstox
“Paytm on Monday released its June-quarter numbers. It said that its revenue for the quarter under review jumped 28% YoY to ₹2,448 crore, while EBITDA zoomed 182% YoY to ₹203 crore.”
Upstox →3
Business Today
Business Today“SBI Funds Management: The mutual fund player is set to make its stock market debut on Tuesday, July 21, after the company raised a total of Rs 9,813 crore from its IPO, which ran for subscription between July 14-16, sold for Rs 574 apiece with a lot size of 26 equity shares. Its issue was overall subscribed 41.66 times, attracting bids worth nearly Rs 3 lakh crore.”
Business Today →Ask CuriousCats
What is Tata Steel's investment plan?
Who are the key players in Indian stocks?
How will IndiGo's order impact its fleet?
Are there other companies expanding like Tata Steel?
Which stocks are trending alongside market news?
