In an exchange filing, the company said that its board of directors are scheduled to meet on December 16, Friday, to consider fund raising plans. The company is likely to raise funds through the issuance of equity shares of the company on a rights basis to the existing equity shareholders, it added in the regulatory filing.

Yes Bank said private equity majors Carlyle Group and Advent have picked up 9.99 per cent stake in the bank. The two private equity funds together would pump in about Rs 8,896 crore in the lender.

In the Nifty 50 index, 16 stocks ended in the green, while 34 stocks closed in the red in today's trade.

In the Nifty50 index, 16 stocks closed in the green, while 34 stocks ended in the red.

In the Nifty pack, 16 stocks closed in the green, while 34 stocks ended in the red.

hares of Patel Engineering have rallied about 20 per cent in the last one month, whereas the stock is up by 45 per cent in the last one year. On July 28, Patel Engineering's board approved the issuance of up to 1,57,72,870 equity shares at a price of Rs 25.36 per equity share on a preferential basis to raise Rs 40 crore, subject to the approval of the shareholders.

It was alleged that in awarding the civil work package, guidelines on e-tendering were not followed and though a decision was taken in the board meeting of CVPPPL (Chenab Valley Power Projects Pvt Ltd) to opt for re-tender through e-tendering with reverse auction after cancelling the on-going process, the same was not implemented and the tender was finally awarded to the said private company.

The raids were conducted in Jammu, Srinagar, Delhi, Mumbai and Patna at the premises of associates of the accused, middlemen and others in an ongoing investigation.

Patel Engineering announced that it has bagged a Rs 2,461 crore contract for the works of “construction of diversion tunnel, concrete gravity dam, intake, pressure shafts, underground Power House & Tailrace Tunnel (Lot 1) for Kwar HE Projects in District Kishtwar, Jammu & Kashmir.

The total income of the company rose to Rs 740.09 crore in the quarter from Rs 458.90 crore a year ago.

The company said it received Rs 976.50 crore order for Luhri Hydro Electric Project Stage I (210 MW) (Luhri Project) from Sutlej Jal Vidyut Nigam, a joint venture between the Government of India and Himachal Pradesh State Government.

Patel Engineering on Tuesday said it has won an order worth Rs 1,564.42 crore to build 2,000 MW Subansiri Lower Hydro Electric project in Arunachal Pradesh.

The shares of Patel Engineering touched its 52-week high Rs 21.90 and 52-week low Rs 8.10 on 29 January, 2020 and 25 March, 2020, respectively.

The stock witnessed spurt in volume by more than 1.51 times and touched upper circuit of Rs 12.13 per share.