Stocks in news: Adani Power, JSW Energy, IndiGo, Cipla, Religare

economictimes.indiatimes.com:

Adani PowerGQG Partners along with other investors picked up 8.1% in Adani Power in a $1.1 billion deal.JSW EnergyGQG Partners Emerging Market Fund bought 10,284,024 shares or 0.6% stake in JSW Energy at Rs 341.70 apiece for Rs 351 crore.Read more: What changed the market while you were sleepingIndiGo The family of IndiGo's co-founder Rakesh Gangwal has sold partial stake in the budget carrier through bulk deals on Wednesday.CiplaThe FDA, Konkan Division, has ordered for suspension of FDA license issued to the company's manufacturing unit at Patalganga (Unit II) for a period of 10 days in December 2023 for non-conformance of good manufacturing practices.Religare EnterprisesInvestment Opportunities fund has sold 2.45 crore shares in the company through block deals on Wednesday.IIFL SecuritiesHamblin Watsa Investment Counsel has sold 1.2 crore shares or 3.9% stake in IIFL Securities in a block deal on Wednesday.Future RetailThe resolution professional of Future Retail has approached NCLT, seeking a further extension till September 15 to complete the corporate insolvency resolution process of the debt-ridden firm.Amara Raja BatteriesAmara Raja Batteries plans to expand into the two-wheeler electric vehicle market, first through chargers and then batteries, as part of an expansion to triple its lithium-ion business this financial year.LupinLupin said it has received approval from the US health regulator to market its generic Bromfenac Ophthalmic Solution used to treat post-operative inflammation in patients who have undergone cataract surgery.