Overview

• Yes Bank finalized a Rs 13,483 crore deal with Sumitomo Mitsui Banking Corporation, selling a 20% stake at Rs 21.5 per share, including divestments by SBI and other major banks.
• Adani Power secured a contract to supply 1,500 MW of thermal power to Uttar Pradesh at a competitive tariff of Rs 5.383 per unit, strengthening its market position.
• Swiggy reported a net loss of Rs 1,081 crore for Q4 FY25, nearly doubling year-over-year, despite a 45% growth in revenue driven by food delivery and Instamart.
• Dr Reddy's Laboratories posted a 22% increase in net profit, reaching Rs 1,594 crore for the March quarter, signaling strong performance in the pharmaceutical sector.
• NTPC Green Energy appointed Sarit Maheshwari as its new CEO, highlighting leadership changes as a key focus in the renewable energy space.