Stocks in news: SpiceJet, YES Bank, Cipla, Tata Steel, Bombay Dyeing
SpiceJet
Low-cost carrier SpiceJet allotted over 48.1 million shares to nine aircraft lessors to clear outstanding dues worth Rs 231 crore.
Cipla
Cipla South Africa, a wholly-owned subsidiary of Cipla, signed a binding term sheet with Actor Holdings (Pty) to acquire Actor Pharma (Pty) Ltd.
Escorts Kubota
Escorts Kubota said it will be increasing the prices of its tractors effective September 16 onwards.
YES Bank
YES Bank has clarified that post the sale of loan portfolio to JC Flower ARC, the Bank has no further role in settlements/ negotiations being undertaken by JC Flower ARC.
Read more: What changed the market while you were sleeping
Tata Power
Tata Power Renewable Energy signs PDA for a 26 MW AC group captive solar plant with Neosym Industry, a leader in Gray & SG Iron casting.
Ramco Cements
Ramco Cements said it has commissioned the balance capacity of 3 MW of waste heat recovery system out of 12 MW capacity.
With this, total operating capacity of the waste heat recovery system for the company has gone up to 43 MW.
Tata Steel
Tata Steel has clarified that «discussions with the UK Government and other relevant stakeholders are ongoing» following reports that the company is seeking to secure funds for the UK plant.
Oil India
Oil India Board has approved equity contribution of upto Rs 1738 crore in line with its shareholding percentage in the joint venture Assam Gas Company.
Mrs Bectors Food Specialities
Mrs Bectors Food Specialities has approved the appointment of Arnav Jain as Chief Financial Officer.
Bombay Dyeing
Bombay Dyeing has settled its disputes with Axis Bank and it has also executed a conveyance deed in favour of the lender.
