Key Highlights: Stocks in News, Economic & Global Updates 17th August 2026 by GEPL Capital Ltd
Stocks in News
* RELIANCE INDUSTRIES: The company has signed a letter of intent with Rolls-Royce to collaborate on the development of India’s Advanced Medium Combat Aircraft (AMCA) engine and establish an aerospace gas turbine manufacturing complex in India.
* HINDUSTAN AERONAUTICS: The company has signed agreements with Adani Defence and BEML to manufacture fuselage structures for Light Combat Helicopters (LCH).
* NEULAND LABORATORIES: The US FDA issued a Form 483 with one observation following an inspection of the company’s manufacturing facility in Telangana.
* TEXMACO RAIL: The company has entered into an agreement with Texmaco Defence and Vagus Defence Technologies to invest up to Rs 200 crore in Texmaco Defence.
* TD POWER SYSTEMS: The company has entered into an agreement with Siemens Energy to manufacture and supply 2-pole generators.
* JUNIPER GREEN: The company has received a Letter of Award (LoA) from the Solar Energy Corporation of India (SECI) to develop a 230 MW Firm and Dispatchable Renewable Energy (FDRE) round-the-clock project connected to India’s Inter-State Transmission System.
* APOLLO MICRO SYSTEMS: SEBI has issued its final observations on the draft Letter of Offer for the proposed 26% open offer for Premier Explosives. Apollo Micro Systems will now proceed with the next steps in accordance with the SEBI SAST Regulations.
* YES BANK: The Department of Telecommunications has invoked bank guarantees worth Rs 281 crore issued by Yes Bank on behalf of a borrower against deferred annual spectrum payment obligations.
Economic News
* India’s Oil Import Bill Could Rise $5–10 Billion on 50% Cut in Russian Crude: Mehrotra: India’s annual oil import bill could rise by $5–10 billion if it cuts Russian crude purchases by 50%, economist Santosh Mehrotra said. He warned that replacing discounted Russian oil with costlier supplies could lift inflation by around 0.3 percentage point, while also putting pressure on the rupee and current account deficit. Mehrotra noted that any disruption to Russian crude could push global oil prices higher, further impacting fuel costs and inflation. On India-US trade talks, he urged New Delhi to negotiate cautiously, noting that proposed US tariffs of up to 100% on major buyers of Russian energy have not yet taken effect and could still allow room for exemptions.
Global News
* Japan’s Q2 Growth Slows to 1.1%, Misses Expectations: Japan’s economy grew at an annualised 1.1% in Q2, slowing sharply from 1.9% in the previous quarter and falling short of the 2% market expectation, as weak business investment and stagnant consumer spending weighed on growth. Capital expenditure declined 1.2%, while private consumption remained flat amid persistent cost-of-living pressures. The fallout from the Iran conflict also pushed up energy costs and disrupted supply chains. Exports provided some support, contributing 0.5% to growth on strong US demand for hybrid vehicles and semiconductor equipment. Despite the weaker growth, markets are pricing in an 80% probability of a Bank of Japan rate hike on September 18.
SEBI Registration number is INH000000081.
Please refer disclaimer at https://geplcapital.com/term-disclaimer
