Things I compiled yesterday as part of my stock research activities.
Partnerships, Investments & Acquisitions
🟢 Wipro secured an 8-year strategic transformation deal with Olam Group valued at over $1B (committed $800M), acquiring Olam's IT arm Mindsprint.
🟢 Brigade Hotel Ventures and Hyatt announced plans for Grand Hyatt Chennai ECR and Hyatt House Bengaluru Devanahalli. Both locations target premium leisure and airport-proximity demand segments
Core Business & Regulatory
🟢 Titagarh Rail Systems' unit received in-principle approval from the Directorate General of Shipping for a brownfield capacity expansion at Falta under the Shipbuilding Development Scheme, with a total project cost of about ₹610 Cr.
Economy, IPO & Other
🔴 Domestic pharma firms including Dr. Reddy’s, Sun Pharma, and Aurobindo Pharma urged NPPA to increase the maximum selling price of cancer medicines by 50% due to a platinum price surge. Platinum prices nearly doubled in six months to ~₹8,000/gram by February 2026.
🟢 Govt will clear ₹17,500 Cr dues to Oil Marketing Companies (OMCs) in FY27. Pending dues reimbursement will directly ease working capital pressure on HPCL, BPCL, and IOC, which absorbed LPG price subsidies below market cost.
That’s it for today.
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Disclaimer: Anand Ganapathy K is a SEBI-registered Research Analyst with SEBI registration number INH000016630. This post is purely for learning purposes. We do not recommend buying or selling stocks mentioned in this newsletter. Securities market investments carry market risks. Kindly review all related documents before investing.