Stocks in news: RIL, NTPC Green, IndusInd Bank, Zomato, Vedanta, IOC

Markets experienced a sharp decline on Friday, shedding nearly one and a half percent as the corrective phase persisted. In today's trade, shares of RIL, NTPC Green, IndusInd Bank, Zomato and Vedanta will be in focus due to various news developments.

Zomato
Zomato shares are in focus on Monday as the food delivery giant becomes the first new-age tech company to join the BSE Sensex’s 30-share frontline index.

RIL
Reliance Industries' wholly owned subsidiary Reliance Digital has entered into definitive agreements to acquire a 45% equity stake in Health Alliance Group Inc.


NTPC Green
NTPC Green signed a memorandum of understanding (MoU) with the government of Bihar to promote renewable energy initiatives in the state.

Aurobindo Pharma
Aurobindo Pharma's subsidiary CuraTeQ Biologics has received marketing authorisation for Bevqolva, its biosimilar version of bevacizumab, from MHRA.

Vedanta
Vedanta announced revisions to its previously proposed demerger scheme, deciding to retain its base metals undertaking within the parent company.

NHPC
NHPC has signed an MoU with the Bihar government to invest Rs 5,500 crore in solar energy and green hydrogen initiatives.

Piramal Enterprises
The board of Piramal Enterprises approved raising funds up to Rs 2,000 crore through qualified institutional placement in one or more tranches.

IndusInd Bank
The Reserve Bank of India (RBI) imposed a penalty of Rs 27.30 lakh on IndusInd Bank for failing to comply with certain regulatory norms.

Ultratech Cement
UltraTech Cement will acquire 10.13 crore shares (32.72% equity) of India Cements held by the promoters and member of promoter groups.

Indian Oil
The Board of Indian Oil Corporation (IOC) board approved an investment of Rs 657.33 crore in Yarn Project at Bhadrak, Odisha.