Yes Bank stock price: Stocks in the news: NPTC, Airtel, UPL, Asian Paints and Yes Bank
NTPC: The public utility company will begin commercial operations of its 15 MW solar capacity at Kawas Solar Project in Gujarat. The capacity is part of the 56 MW Kawas Solar Project located at Kawas near the Surat district of the state.
Bharti: The major telecom player has announced the Xstream multiplex, which the telecom operator says is India’s first multiplex in the metaverse. The Xstream multiplex is an extension of Airtel’s Xstream Premium offering, which recently passed the two million subscriber milestone within 100 days of its launch.
Asian paintings: The leading paint company has acquired a 51% stake in Weatherseal Fenestration for Rs 18.84 crore. Weatherseal Fenestration is now a subsidiary of the company.
UPL: The agrochemical major said it has signed an agreement with Shreenath Mhaskoba Sugar Mill in Pune for sustainable sugar cane production in Maharashtra. This Memorandum of Understanding (MoU) will address farmers’ concerns and create the sustainable sugar category by ensuring optimized use of natural resources.
Shriram City Union Finances: The NBFC principal said it would raise up to Rs 300 crore by issuing debt securities on a private placement basis. The company’s committee at its June 14 meeting approved the issuance of non-convertible market-linked and principal-protected debentures (for an amount of Rs 50 crore with a green shoe option up to Rs 250 crore .
IDBI Bank: The lender said it had raised interest rates by up to 25 basis points (bps) on retail term deposits below Rs 2 crore. The revised rates would apply to different tenors for domestic term deposits, non-resident ordinary term deposits (NRO) and non-resident external term deposits (NRE), starting June 15.
Yes Bank: Yes Securities, a wholly-owned subsidiary of the lender, said it was optimistic about expanding its footprint to more cities in West Bengal and does not foresee any negative impact on retail investor interest in the stock market. , despite a sharp correction and high volatility. It said it aims to double its physical store inventory to 24.
IIFL Wealth Management: The Competition Commission of India has approved the acquisition of the stake in
by BC Asia Investments X. The proposed combination involves the acquisition of an interest of up to 24.98% in IIFLWM by BC Asia Investments X.
Housing financing GNP: The NBFC said its board had approved the raising of up to Rs 2,000 crore by issuing bonds on a private placement basis. The housing finance company, promoted by
was looking to raise equity capital worth Rs 4,000 crore and struck a deal with joint venture partner Carlyle Group, among other investors, in May last year.
Engineers India: Nayveli Lignite Corporation appointed
as a project management consultant for its 1,200 TPD lignite to methanol project. This historic project should be commissioned in 2027.
IT Developer : The company has booked orders worth Rs 2.52 crore for an integrated online portal for farmers (RajKisan Saathi) comprising services related to agriculture, horticulture, seed certification, the seed company and agricultural marketing.