Top 5 stocks in focus on September 21: Yes Bank, Jet Airways to Graphite India, here are the 5 newsmakers of the day
The domestic stock market closed in red on September 19, 2018. However, there were certain stocks, like Yes Bank, Jet Airways to ITC Hotels, that came in the news after the market was closed for the day for trade and can have an impact on it on September 21, 2018.
The domestic stock market closed in red on September 19, 2018. However, there were certain stocks, like Yes Bank, Jet Airways to ITC Hotels, that came in the news after the market was closed for the day for trade and can have an impact on it on September 21, 2018. Here is the list of such stocks:
Yes Bank: India’s banking regulator, RBI, has decided to end Rana Kapoor's term as the Chief Executive Officer of Yes Bank Ltd. RBI has asked Kapoor to step down at the end of January 2019, rejecting the lender’s request to extend his tenure by three years.
Max India: Radiant Hospital backed by private equity player Kohlberg Kravis Roberts & Co LP (KKR) will buy 49.70 per cent stakes of Max Healthcare for $293 million. It will buy 266 million shares in Max Healthcare at Rs 80/share.
Jet Airways: Income Tax Department officials have conducted verification surveys at business premises of Jet Airways at four locations in New Delhi and Mumbai on Wednesday. Reports suggest that the surveys were carried out to verify the expenses claimed by the company.
Watch this Zee Business video here:
Graphite India: The company has given its clarifications on Karnataka State Pollution Board inspection in which the board found multiple violations of Graphite India factory in Whitefield. The company in its clarification has said that its stack emissions are well within prescribed norms and it is a law abiding entity.
ITC Hotels: ITC Hotels on Wednesday announced the successful acquisition of Park Hyatt Goa Resort and Spa. It has acquired the hotel by offering Rs 541 crore for the Goa property.