Stocks in the news: Bajaj Finance, Zomato, Metropolis, Torrent Power and Zydus Life
Bajaj Finance, the lending arm of Bajaj Finserv, said it has raised fixed deposit interest rates on various tenors- 24-60 months - by up to 20 basis points (0.20 per cent). This will not include deposits of 44 months tenor.

Bajaj Finance: The lending arm of Bajaj Finserv said it has raised fixed deposit interest rates on various tenors- 24-60 months - by up to 20 basis points (0.20 per cent). This will not include deposits of 44 months tenor.
Zomato: The government has asked online food business operators like Zomato to submit a proposal within 15 days on improving their consumer grievance redressal mechanism amid rising complaints from customers.
Metropolis Healthcare: The diagnostic chain said its promoters have no intention to exit the business. The company said its promoters are focused on strengthening the Metropolis brand, although it continuously keeps exploring various strategic options/investment opportunities.
Torrent Power: The Gujarat-based utility firm said it has acquired 50-megawatt solar assets from SkyPower Group at an enterprise value of Rs 416 crore. The solar power plant - a special purpose vehicle located in Telangana - has a long-term Power Purchase Agreement with Northern Power Distribution Company of Telangana for 25 years at a fixed tariff of approximately Rs 5.35 per kWh.
Zydus Lifesciences: The pharma firm said its Rs 750 crore-share buyback offer will commence on June 23 and close on July 6. The drug firm, earlier known as Cadila Healthcare, has fixed July 15, 2022 as the last date for the settlement of bids on stock exchanges which may even happen early.
Aether Industries: SBI Mutual Fund acquired additional 3.23 lakh equity shares in the company via open market transactions. With this, its shareholding in the company stands increased to 5.18 per cent, up from 4.92 per cent earlier.
Capri Global Capital: Life Insurance Corporation of India bought additional 35.41 lakh equity shares in the company via open market transactions. With this, LIC's shareholding in the company stands increased to 7.059 per cent, up from 5.043 per cent earlier.
Dynamatic Technologies: The company has won the contract to manufacture the escape hatch door for Airbus A220 aircraft. The contract was placed by Stelia Aeronautique Canada, a subsidiary of Airbus Atlantic SAS.
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