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NEWS ALERT | US FDA issues Form 483 to Aurobindo’s Unit 7 -- Failure to thoroughly review any unexplained discrepancy -- No written procedure for processes and production -- Lab records don't include complete data of all tests -- Utensils, equipment not clean NEWS ALERT | Don't have exposure to Indiabulls Group: Edelweiss Fin to CNBC TV18 Alert: Stock is down 20% in one month Zee Entertainment Slumps Over 14%; Top Nifty Loser Shares of media conglomerate declined 14.2 percent intraday to Rs 203.30 each. Promoter Essel Media created encumbrance of 10.71 percent stake or 10.29 crore shares with VTB Bank, according to an exchange filing. Also, over 90 percent of promoter stake in Zee Entertainment Enterprises has been pledged to raise debt, the company revealed in an analyst call on Saturday. Yes Bank Top Gainers - Yes Bank shares gained more than 5% to hit the day's high at Rs 44, after reports that marquee investors are eyeing stake in the lender. ...

Infosys Top Performer   - On Sensex, Nifty Shares of Infosys rose as much as 5.8 percent, the most in two years, to Rs 768.70. The stock was the best performer on Sensex and Nifty. The Bengaluru-based software developer raised its revenue forecast for the full year even as higher costs led to a contraction in margin and decline in profit in the quarter ended June. DHFL Hits 10% -  Lower Circuit After Reporting Loss In Q4 Shares of Dewan Housing Finance Corporation Ltd. hit their lower circuit of 10 percent to Rs 61.65, their lowest level since October 2013. Crisis-hit Dewan Housing Finance Corporation Ltd. said it aims to restart lending operations by August 2019 after the company reported a loss of Rs 2,223 crore for the quarter ended March 2019.  Allahabad Bank Drops -  The Most In Eight Months Shares of Allahabad Bank fell as much as 14.4 percent, the most since November 2018, to Rs 40.35. The PSU Bank reported a fraud of over Rs 1,774 crore by Bhush...

Punjab National Bank Falls The Most In Nearly Two Months Shares of Punjab National Bank fell as much as 7.5 percent, the most since May 13, to Rs 75.70. The state-run lender aid that it has detected a fraud of over Rs 3,800 crore by Bhushan Power & Steel Ltd., according to its stock exchange filing. Trading volume was more than eight times its 20-day average. Mindtree Falls After Top Executive Quits Shares of Mindtree extended declines for the fourth consecutive trading session. The stock fell 3.8 percent to Rs 831.55 as of 9:40 a.m. The scrip is currently trading ex-dividend. The company’s CEO and Managing Director Rostow Ravanan resigned. Krishnakumar Natarajan too resigned as executive chairman. Besides, NS Parthasarathy resigned as executive vice chairman and chief operating officer. They will continue to stay as board members and employees till July 17, in-line with their contracts. Credit Suisse on IndusInd Bank -  Global brokerage house Credit Suisse has a...