Stocks to Watch: Cipla, Dixon Tech, Oberoi Realty, Tata Power, Barbeque Nation

livemint.com:

Cipla: Promoters of India’s fourth-largest drugmaker are in advanced talks with two consortiums—one led by Torrent Pharmaceuticals Ltd, with the participation of prominent family offices, and the other a group of buyout firms led by BPEA EQT and General Atlantic—to sell a controlling stake for $6-7 billion, two people with direct knowledge of the matter told Mint. Dixon Technologies: The company said its subsidiary, Padget Electronics entered into a strategic agreement with Xiaomi Technology India. This agreement encompasses the manufacturing of smartphones and various related products exclusively for Xiaomi.

Oberoi Realty: The company has recently inked a deal for the development and redevelopment of a 13,450-square-meter land parcel in Mumbai. Situated in the Tardeo area of Mumbai City, this land is adjacent to another property currently undergoing redevelopment through a joint venture with the company. Tata Power: Arm Tata Power Renewable Energy Ltd announced its plans to establish a 41 MW captive solar power facility in Tamil Nadu, specifically to cater to TP Solar's forthcoming 4.3 GW solar cell manufacturing unit.

NBCC: The company intends to sell 14.75 lakh square feet of commercial built-up space in the World Trade Centre at New Delhi. The move will generatie ₹5,716 crore in revenue. Vedanta: The company is approaching a potential agreement to separate its various businesses into several publicly traded entities as part of an extensive restructuring effort, Bloomberg reported.