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Update: UK Eases Travel Rules For The Fully Vaccinated | Morgan Lewis

Stocks to watch: Adani Ports, JSW Energy, Tata Chemicals, LTTS, ICICI Bank

Here are the top stocks to track in today s session: JSW Energy: The firm said its arm JSW Renew Energy has signed a power purchase agreement (PPA) for supply of 540 MW of blended wind power capacity. The PPA is signed with Solar Energy Corporation of India (SECI). Tata Chemicals: The company reported a sharp decline in consolidated profit to Rs 29.26 crore in Q4FY21 as against Rs 197.56 crore in Q4FY20. ICICI Bank: RBI has imposed a Rs 3 crore penalty on ICICI Bank for contravention of prudential norms for classification, valuation and operation of the investment portfolio of banks. RBI found contravention of norms in an instance where the bank shifted securities from one category to another.

Bafna Pharma spurts after UK MHRA approval for packaging lines

Bafna Pharmaceuticals hit an upper circuit of 5% at Rs 135.15 after the UK drug regulator approved the company s two newly added automated packaging lines. In a regulatory filing made after market hours yesterday, the company said that it had added two fully automated packaging lines to its existing capacity. The aforementioned packaging lines have been approved by the UK-MHRA (Medicines and Healthcare products Regulatory Agency) for the United Kingdom and the European Union (EU). Commenting on the approval, Mahaveer Chand Bafna, CEO of Bafna Pharmaceuticals, said: The approval from UK- MHRA will provide further momentum to our already expanding business in the UK, Europe and other regulated markets. This approval will enable Bafna Pharma to increase its output and consequentially generate higher revenue and profits.

ICICI Bank, L&T Tech, Tata Chemicals in spotlight | Business Standard News

ICICI Bank said that the Reserve Bank of India (RBI) has, by an order dated May 03, 2021, imposed a monetary penalty of Rs 3 crore on the bank . This penalty has been imposed under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) of the Banking Regulation Act, 1949 for shifting certain investments from HTM category to AFS category in May 2017. L&T Technology Services reported 4.5% rise in consolidated net profit to Rs 194.50 crore on 2.8% rise in revenue to Rs 1440.50 crore in Q4 March 2021 (Q4FY21) over Q3 December 2020 (Q3FY20). Tata Chemicals reported 99.82% drop in consolidated net profit to Rs 11.77 crore on 68.81% slide in total income to Rs 2,710.44 crore in Q4 March 2021 (Q4FY21) over Q4 March 2020 (Q4FY20).

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