Stocks in news: NTPC, IREDA, SpiceJet, Nazara Tech, GE T&D India, Power Grid

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Domestic markets remained volatile for another session, ending flat in line with global trends ahead of the US Fed meeting. In today's trading, shares of NTPC, IREDA, SpiceJet, Nazara Tech, GE T&D India, and Power Grid, among others, will be in focus due to various news developments.

IREDA


The Indian Renewable Energy Development Agency (IREDA) has received approval from the Union government to raise funds by selling fresh equity through a Qualified Institutions Placement (QIP).

Nazara Technologies


Nazara Technologies, India’s leading diversified gaming and sports media company, announced its largest fundraise of Rs 900 crore to boost its growth trajectory.

SpiceJet


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Budget carrier SpiceJet, which opened its QIP, received a strong response from investors, with marquee investors including the family office of Madhu Kela subscribing to the issue, according to reports.

NTPC


India's NTPC Green Energy on Wednesday filed draft papers for an initial public offering worth up to Rs 10,000 crore (approximately $1.19 billion).

Aavas Financiers


Aavas Financiers said its board has approved the issuance of non-convertible debentures (NCDs) to raise Rs 630 crore.

GE T&D India


GE T&D India's promoters, Grid Equipments and GE Grid Alliance BV, are likely to sell up to 11.5% equity in the company through an offer for sale (OFS).

Power Grid


Power Grid was declared a successful bidder to establish an inter-state transmission system. The project includes the establishment of a new 765/400/220 kV substation at Kurawar, Madhya Pradesh.

AB Capital


Aditya Birla Capital has received ‘no objection’ from the Reserve Bank for Aditya Birla Finance merger.

Dish TV


Dish TV has appointed Amit Kumar Verma as the Chief Financial Officer (CFO) of the company, effective October 1, 2024.
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