Stocks in news: Zydus Life, NTPC, HDFC Life, Varun Beverages, TVS Motor

Indian markets closed marginally higher, buoyed by GST reforms signaling a significant tax overhaul. Zydus Lifesciences will introduce a generic multiple sclerosis drug in the US, while NTPC permanently discontinues operations at its Tanda thermal...

Agencies

TVS Motor Company announced the launch of the TVS NTORQ 150, calling it India’s first hyper sport scooter designed for Gen Z riders.

Markets witnessed a volatile session and ended marginally higher, supported by GST reforms that signaled a structural tax overhaul. In today's trade, shares of Zydus Life, NTPC, HDFC Life, Varun Beverages, TVS Motor among others will be in focus due to various news developments.

Zydus Lifesciences
Zydus Lifesciences said its subsidiary has joined hands with the Netherlands-based Synthon BV to introduce a generic drug for the treatment of multiple sclerosis in the US market.


NTPC
State-owned power giant NTPC announced permanent discontinuation of operations of its 440-MW Stage-I of Tanda thermal project in Uttar Pradesh from September 1.

RVNL
Rail Vikas Nigam Ltd and Texmaco Rail, which recently signed a joint venture agreement to develop India's next-generation railway ecosystem, will incorporate a new company by November.

HDFC Life
HDFC Life said it expects less than 0.5% impact on embedded value from GST change.

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Sammaan Capital
Sammaan Capital appointed Himanshu Mody as the Deputy CEO effective September 4.

Bharat Forge
Bharat Forge's arm Agneyastra Energetics has signed an agreement with Andhra Pradesh Industrial Infrastructure Corporation for the purchase of a land parcel.

Varun Beverages
Varun Beverages will manufacture visi-coolers under its joint venture White Peak Refrigeration, formed with Everest International Holdings.

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TVS Motor
TVS Motor Company announced the launch of the TVS NTORQ 150, calling it India’s first hyper sport scooter designed for Gen Z riders.

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