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    Vikshita Vitthal Gujaran in News

    28 Mar 05:10 AM


    Buzzing Stocks: Dr. Reddy’s Laboratories,JSW Energy,Jio Financial Services

    Dr. Reddy’s Laboratories: The company has entered into an exclusive distribution partnership with Sanofi Healthcare India to promote and distribute Sanofi's vaccine brands, including pediatric and adult vaccines, in India.
    JSW Energy: The power company said the board of directors will be meeting on April 2 to consider raising funds through the issuance of eligible securities of the company via private offerings, preferential allotment basis, qualified institution placement, or any other method.
    Jio Financial Services: Jio Financial currently holds a 76.98 percent stake in Jio Payments Bank (JPBL). JPBL is a joint venture of Jio Financial and the State Bank of India. Jio Financial has subscribed to 40 lakh equity shares of Rs 10 each of JPBL for cash at par, aggregating Rs 4 crore for its business purposes. After the completion of the transaction, Jio Financial's shareholding in JPBL will increase to 77.25 percent.

    Source - Momey Control