Indian markets are expected to be impacted due to global market movement, and trading activities of foreign and domestic institutional investors (FIIs & DIIs), along with US President Donald Trump’s announcement on Tuesday to impose fresh tariffs on auto, pharma, and chip imports to the US. As of 08:21 AM, GIFT Nifty futures were down by 0.04% at 22,962.50.
Tata Steel UK, an offshore arm of Tata Steel has received approval from Neath Port Talbot Council’s Planning Committee to proceed with a 1.25 billion-pound investment in electric arc furnace steelmaking at Port Talbot, with 500 million pounds in UK Government funding. This will help preserve 5,000 jobs and cut CO2 emissions by 90%.
Madhaw Chandra Jha has been appointed as the new Chief Financial Officer of Indian Overseas Bank, effective March 1, 2025, following the retirement of S P Mahesh Kumar. Jha is currently serving as the bank’s Deputy General Manager.
The US FDA recently conducted a pre-approval inspection at Eugia Steriles, a subsidiary of Aurobindo Pharma, from February 10–18, 2025. The inspection concluded with five procedural observations.
The real estate company Mahindra Lifespace Developers has partnered with Livingstone Infra for a cluster redevelopment project in Mahalaxmi, with a gross development value of Rs 1,650 crore
Rail Vikas Nigam has secured a ₹554.5 crore project from Rail Infrastructure Development Company (Karnataka) for constructing 9 stations as part of the Bengaluru Suburban Rail Project.
Piramal Pharma’s Turbhe facility underwent a general GMP inspection by the US FDA from February 11–17, 2025. The inspection resulted in a Form 483 with six observations, all related to procedural improvements.
Transformers & Rectifiers India has received orders worth ₹166.45 crore from Hyosung T&D India to supply single-phase coupling transformers and transformers for TBCB projects.
Larsen & Toubro has acquired the remaining 26% stake in L&T Special Steels and Heavy Forgings from the Nuclear Power Corporation of India (NPCIL), making it a wholly owned subsidiary.
Container Corporation has secured an order from Braithwaite & Co. for the manufacture and supply of 30 BLSS (spine car) rakes for the Ministry of Railways. The order is valued at ₹689.76 crore and is expected to be completed by August 11, 2026.
These developments could impact market sentiment and stock movements today.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 19, 2025, 8:43 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
