Stock Corner
1.
NHPC signed
power purchase agreement (PPA) in respect of Kishanganga HE Project (3X110MW)
with UP Power Corporation (UPPCL) for a period of 35 years from the date of
commercial operation (COD) of last unit of the said project.
2.
Shares of
telecom firm Idea Cellular slipped 7.5 percent intraday Monday as its merger
with Vodafone India may miss the deadline of June 30.
3.
IndiGo today
said its Chief Commercial Officer Sanjay Kumar is leaving the airline and would
be replaced by William Boulter. Kumar, who has been associated with the
no-frills carrier for the last 12 years, has put in his papers to pursue other
career interests, IndiGo said in a release. His resignation would be effective
from July 15. Boulter, currently the airline's Chief Strategy Officer, would be
taking over from him.
4.
Shares of
PNB Housing Finance soared 14 percent intraday on reports that HDFC and Kotak
Mahindra Bank were eyeing controlling stake in the firm.
5.
Shares of
Symphony gained 4 percent as company is going to acquire 95 percent stake in
Climate Technologies Pty. Australia.
6.
Shares of
ICICI Bank lost around 2 percent in the morning trade as investors turned
cautious of another whistleblower complaint against it.
Missed call
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