Yes Bank: The bank approved proposal to raise Rs 8,898.47 crore from Carlyle Group and Advent International for 10% stake each.
NTPC: The company appointed Jaikumar Srinivasan, Director (Finance) as the Chief Financial Officer in place of Renu Narang with immediate effect.
Dr Reddy’s Laboratories: The company has entered into a licensing agreement with Princeton based Slayback Pharma, to acquire rights in Slayback’s Brimonidine Tartrate Ophthalmic Solution 0.025%, the private label equivalent of Lumify in U.S. Lumify is an over the counter eyedrop that can be used to relieve redness of the eye due to minor eye irritations. The agreement also provides the company exclusive rights to the product outside the U.S.
CEAT: The company will further invest Rs 3.5 crore in Greenzest Solar.
Earnings Today: UPL, Zomato, ITC, H.G. Infra Engineering, Escorts Kubota, Varun Beverages, Castrol, The Ramco Cements, Punjab & Sind Bank, Max Financial Services, Kansai Nerolac, Carborundum Universal, Barbeque Nation Hospitality, Alkyl Amines Chemicals, Eveready Industries, RateGain Travel Technologies, Thyrocare Technologies, Triveni Turbine
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