Stocks in news: Paytm, Vedanta, IIFL Finance, RIL, Blue Star

Vedanta's plan to demerge its businesses into separate entities could face hurdles from its minority shareholders and creditors, according to a Fitch Solutions report.

Following Wednesday's sell-off, the bulls staged a strong comeback on Thursday, particularly noticeable in the broader markets, which had been under significant pressure in recent sessions. In today's trade, shares of

The NPCI granted Paytm the necessary approval to operate as a third-party application provider (TPAP) on Unified Payments Interface (UPI) infrastructure.

's plan to demerge its businesses into separate entities could face hurdles from its minority shareholders and creditors, according to a Fitch Solutions report.

Read more: Here's the trade setup for today's session

Fitch Ratings has placed IIFL Finance on 'Rating Watch Negative' following a Reserve Bank's order, which asked the company to stop new gold-backed lending and related off-balance-sheet funding transactions.

Leading home appliances company Blue Star will invest Rs 250 crore in the next financial year to raise the manufacturing capacity of room air conditioners at its Sri City facility in Andhra Pradesh.

has agreed to buy Paramount Global's entire 13.01% stake in local entertainment network Viacom 18 Media for approximately Rs. 4,286 crore, RIL said in a regulatory filing.

RailTel
RailTel has received a work order worth Rs 113.46 crore from Odisha Computer Application Centre.

Indranil Sen, Chief Financial Officer of the company has resigned from his position with effect from the close of business hours of March 15.

Eris Lifesciences has acquired the commercial rights to Biocon Biologics’ India Branded Formulations business and both organisations enter into a long-term collaboration to expand patient access in India.

Bharat Electronics Ltd (BEL) entered into a contract valued at Rs 847.70 crore plus taxes with Larsen & Toubro (L&T) for the supply of 14 cutting-edge Communication and Electronic Warfare (EW) sensors and systems.

Source: Stocks-Markets-Economic Times