Business

SGX Nifty Indicates Positive Start; Paytm, HDFC Twins, Yes Bank In Focus

[ad_1]

  • One97 Communications: The company will buy back up to 1.05 crore shares for up to Rs 850 crore at a maximum Rs 810 apiece.

  • HDFC/HDFC Bank: The NBFC received in-principle approval from BSE and National Stock Exchange for transfer of non-convertible debentures to HDFC Bank under the merger deal between the two lenders.

  • Yes Bank: The board approved allotment of 361.61 crore equity shares and 255.97 crore warrants to Carlyle Group’s CA Basque Investments and Advent-controlled Verventa Holdings.

  • Bank of Baroda: The bank will divest its 98.57% shareholding in Nainital Bank.

  • UltraTech Cement: The company commissioned 1.9 MTPA greenfield clinker backed grinding capacity at Pali Cement Works in Rajasthan.

  • Adani Transmission: The company incorporated a wholly owned subsidiary Adani Cooling Solutions to carry on district cooling system business.

  • Reliance Industries: Heads Up Ventures has entered into a contract with Reliance Retail for sale of its products on the latter’s e-commerce platform.

  • TVS Motor Company: The company is planning to launch five Euro-5 compliant two-wheelers in Turkey.

  • Patel Engineering: The board of the company will meet on Dec. 16 to consider raising funds through rights issue.

  • Piramal Enterprises: The company’s subsidiary Piramal Capital & Housing Finance acquired 100% stake in step down subsidiary PRL Agastya.

  • Bayer CropScience: The operations at the company’s crop protection formulations plant in Himmatnagar, Gujarat have been discontinued on directions from Gujarat Pollution Control Board.

  • IFB Industries: The board approved infusion of Rs 97 crore in promoter group company IFB Refrigeration.

  • Axis Bank: The board has approved raising Rs 12,000 crore via allotment of non-convertible bonds at a coupon rate of 7.88% on a private placement basis.



  • [ad_2]

    Source link

    What is your reaction?

    Excited
    0
    Happy
    0
    In Love
    0
    Not Sure
    0
    Silly
    0

    You may also like

    Comments are closed.

    More in:Business