Yes Bank: Private sector lender YES Bank plans to raise up to Rs 2,500 crore by issuing long-term bonds on a private placement basis.
Hindustan Copper: The Centre’s second minority stake sale in a public sector unit this fiscal got a thumbs up from investors on Thursdaywhen the offer-for-sale of shares in Hindustan Copper was fully subscribed by non-retail investors.
Indian Overseas Bank: R Subramania Kumar has been appointed as Executive Director of state-owned Indian Overseas Bank, the Finance Ministry said on Thursday.
Sintex Industries: Plastic products maker Sintex Industries said its board has approved demerger of custom moulding business and prefab business from its two arms Sintex BAPL and Sintex Infra Projects.
HCL Technologies: HCL and IBM said that the companies have entered a 15-year partnership for automation and development and operations.
Lovable Lingerie : Promoters of listed innerwear maker Lovable Lingerie are in talks with private equity funds Samaara Capital, Multiples Alternatives and CX Partners to sell anywhere between 15 and 20 per cent stake in the company.
Jubilant Life Sciences: Amidst a selloff in Indian equity markets, NSE-listed Jubilant Life Sciences has successfully raised $300 million through a sale of unsecured bonds by its pharmaceuticals arm in Singapore, according to people directly familiar with the details of the offering.
Tata Steel: Tata Steel is planning to initiate second phase expansion at Kalinganagar plant in Odisha to double its capacity to 6 mtpa, but has no proposal to set up another green-field steel plant in immediate future.
Alkem Laboratories Ltd: Drug maker Alkem Laboratories Ltd on Thursday said it has received 13 observations from the US Food and Drug Administration (US FDA) after the regulator inspected its manufacturing facility at Daman.
Kotak Mahindra Bank: Dutch financial major ING offloaded a 2.5 per cent stake in Kotak Mahindra Bank for an estimated Rs 3,653 crore through an open market transaction.