NEWS CORNER
1.
Share price of NTPC added 1.5
percent intraday Friday as company acquired majority stake in 2 power
generating company in Bihar. The comapny
has acquired 27.36 percent equity of Bihar State Power Generation Co (BSPGCL)
in Kanti Bijlee Utpadan Nigam (KBUN) which owns 610 MW Muzaffarpur Thermal
Power Station.
2.
Reliance Communications share
price rallied nearly 8 percent intraday on Friday after the final settlement
agreement between the tower subsidiary and its minority shareholder HSBC.
Reliance Infratel and its minority shareholder HSBC Daisy Investments submitted
final consent terms of their settlement before NCLAT over sale of tower and
fibre asset.
3.
Shares of Gallantt Ispat surged
5.5 percent intraday Friday as company approved sub-division of stock price.
The comapny board at its meeting held on June 29 considered and approved the
proposal of sub-division (split) of equity shares of the company from the
existing face value of Rs 10 per equity share to face value of Re 1 per equity
share.
4.
ICICI Bank share price gained 1.7
percent intraday on Friday after the board appointed Girish Chandra Chaturvedi
as non-executive part-time Chairman.
5.
Shares of Zee Media Corporation
added nearly 5 percent intraday Friday as company approved sale of its stake in
subsidiary company. The company board at its meeting held on June 28 approved
sale of its entire equity stake comprising of 4 crore equity shares of Re 1
each, in its wholly owned subsidiary Ez-Mall Online to Altilis Technologies, a
Promoter group entity, at an aggregate consideration of Rs 8.60 crore.
Missed call
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