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Top 13 stocks in focus:IDBI Bank, Yes Bank, Tata Power

Top 13 stocks in focus:IDBI Bank, Yes Bank, Tata Power

Check out the companies which will be in focus during trade today based on recent and latest news developments.

Tata Power: Tata Power Renewable Energy has bagged 30 mw solar grid connected photovoltaic project in Maharashtra.

Bajaj Finance Limited: tHE COMPANY announced its unique partnership with Future Group, India’s leading retail group to enable and empower customers to convert all their purchases from any of the Future Group brands into easy EMIs, thus ushering in a digital era of smart purchase.

IDBI Bank: The bank is seeking approval from shareholders to raise Rs.8,000 crore.

Kesar Terminals & Infrastructure Ltd: The company has announced that a meeting of the Board of Directors of the company will be held on June 24, 2016, inter alia, to consider issue of bonus shares.

Entertainment Network: The parent company said it will be investing $100 million in marketing technology platform Columbia, as per media reports.

Take Solutions: The company is planning to sell its supply chain management business to focus more on life sciences sector, says report.

Godawari Power & Ispat: The company suspended mining operations at Rajnandgaon in Chhattisgarh due to labour unrest, says report.

 

Kwality Ltd: The Board of Directors of the Company will be held on June 24, 2016, inter alia, to raise funds upto Rs. 300 crore by way of term loan and issue of Non-Convertible Debentures.
 

Bank of India: The bank has announced that upon change in law, Bank of India has sold its 18% stake in Star Union Dai-lchi Life Insurance Company Ltd (SUD) to Dai-ichi Life Insurace Company Limited (DILIC).

Muthoot Finance: The company announced the completion of acquiring its insurance broking arm.  

Siti Cable Network: The company said in a notice to BSE that its promoters to hike stake in the company by up to 3.67% and buying of shares will start on 27 June.

Mandhana Industries hit 20% lower circuit on BSE today after it was reported that the company will demerge its retail operations into Mandhana Retail Ventures.

YES Bank: The bank is planning to raise  $1 billion from international markets, according to reports.

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