Paytm, HDFC Bank, Lupin among stocks to watch out for on March 14
Mar 14, 2022
Credit: BCCL
Paytm
The Reserve Bank of India (RBI) has asked Paytm Payments Bank to stop opening new accounts amid “material supervisory concerns” observed in the bank.
Credit: BCCL
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The bank has also been directed to appoint an information technology (IT) audit firm to conduct a comprehensive system audit of its IT system.
Credit: BCCL
Gail (India)
The company’s board has approved the payment of the second interim dividend of ₹5 a share for the financial year FY22.
Credit: GAIL
Lupin
The pharma major announced approval of new drug Vigabatrin for Oral Solution USP by the US. The product will be manufactured at Lupin’s facility in Goa, India.
Credit: Wikipedia
Jubilant FoodWorks
Pratik Rashmikant Pota has resigned as the chief executive officer (CEO) and whole-time director of the company.
Credit: Wikipedia
HDFC Bank
RBI has lifted restrictions on the business generating activities planned under the Bank’s Digital 2.0 programme.
Credit: Wikipedia
SAIL
The company has scheduled its board meeting on March 16 to consider a proposal for a second interim dividend.
Credit: Wikipedia
CESC
Torrent Power has completed the acquisition of wind energy firm Surya Vidyut from CESC. Surya Vidyut was a wholly-owned subsidiary of CESC with a total capacity of 156 megawatts (MW).
Credit: BCCL
Power Finance Corporation
The company informed that it has paid ₹887 crore to the government as an interim dividend for the financial year 2021-22.
Credit: BCCL