✅ IDBI Bank board seek government’s view on LIC’s proposal to buy 51 percent stake.
✅ HDFC Bank to allot 3.9 crore shares to parent HDFC at Rs 2174.09 per share.
✅ PNC Infratech bagged order worth Rs 1,157 crore for highway project in Karnataka.
✅ 5Paisa Capital board approved 1:1 rights issues at Rs 80 per share.
✅ Kridhan Infra JV won Rs 222.6 crore order for highway project.
✅ Tejas Networks implements 100G DWDM network for MCM Telecom in Mexico.
✅ Rolta India signed pact to implement revised restructuring of bonds.
✅ Kansai Nerolac completed acquisition of 55 percent stake in RAK Paints Bangladesh for Rs 41.5 crore.
✅ Allahabad Bank, Andhra Bank, Corporation Bank, PNB, IOB in focus as government may infuse Rs 11,396 crore in five state-owned banks, says government official. Capital to be used by banks to pay interest due on AT1 bonds.
