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Investors who were holding company’s shares as of Friday, June 13, shall receive both the split shares and the bonus allotment.

NTPC also stated that it has completed the trial operations of a third unit of 660 MW of its North Karanpura Super Thermal Power Project in Jharkhand.

On NSE, it sold another 14 lakh shares at an average price of ₹1,225.63. The aggregate transaction value stands at ₹334 Crore.

The company informed that it has received the order from South Central Railway for the deployment of the indigenous Kavach safety system.

The company said this deal fits into its larger strategy of expanding respiratory therapies beyond its home markets.

The week also saw India’s forex reserves bouncing sharply and inching closer to USD 700 bn. An increase in both gold reserves as well as foreign currency assets drove the increase.

Biocon has appointed Kotak Mahindra Capital, Goldman Sachs (India), and BofA Securities India as lead advisors for the transaction

How were the key global and domestic signals at the start of the new week. Here is a quick dekko at 6 such signals.

Bharat Elec hits 52-week high in Nifty.

The promoters have opted to pay a premium of ₹3.42 per warrant , a signal, many believe, of their long-term confidence in Zee’s strategic direction.