Stocks in the news: Yes Bank, Ultratech, Axis Bank, Paytm, Bank of Baroda and HDFC twins

Nifty futures on the Singapore Exchange traded 82.5 points, or 0.44 per cent higher at 18,783.5, signaling that Dalal Street was headed for a positive start on Wednesday. Here are a dozen stocks which may buzz the most in today's trade:

HDFC Bank, HDFC: The mortgage lender said it has received approval from exchanges for transfer of non-convertible debentures (NCDs) to its subsidiary HDFC Bank. This is part of its plan to facilitate merger of HDFC with HDFC Bank.

UltraTech Cement: The cement major has commissioned of 1.9 mtpa greenfield clinker backed grinding capacity at Pali cement works, Rajasthan. The company along with its subsidiary has 16.25 mtpa cement capacity in Rajasthan spread over 5 separate plant locations.

Axis Bank: The private sector lender has received board approval for allotment of 12,000 non-convertible, Basel III compliant Tier II bonds of the face value of Rs 1 crore each. The total fund raising would be Rs 12,000 crore at a coupon rate of 7.88 per cent per annum payable annually, on a private placement basis.

Yes Bank: The private lender 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 Yes Bank with full conversion of warrants into equity.

Bank of Baroda: The state-owned lender plans to sell its majority stake in Nainital Bank. The board of directors of the bank has approved divestment of its majority shareholding in Nainital Bank (NBL), and authorised issuance of an advertisement inviting Expressions of Interest through a Preliminary Information Memorandum.

One97 Communications: The digital financial services firm, which operates under the Paytm brand, announced a share buyback scheme worth Rs 850 crore at Rs 810 apiece. The company has opted for the open market route through the stock exchange method for the buyback programme.

TVS Motor Company: The two wheeler player said it plans to launch Euro-V emission norms compliant two-wheelers in Turkey. The company said it plans to introduce Euro 5 compliant products like Jupiter, NTORQ Race Edition, Raider and Apache RTR 200 4V in the market.

Adani Transmission: The Adani Group's power transmission arm has incorporated a wholly-owned subsidiary Adani Cooling Solutions. The subsidiary was incorporated on Monday with an initial authorized and paid up share capital of Rs 1,00,000 each, for the purpose of carrying on District Cooling System business.

Piramal Enterprises: The NBFC's subsidiary Piramal Capital & Housing Finance acquired 100 per cent stake in PRL Agastya for Rs 90 crore. Post-acquisition, PRL Agastya will be a wholly-owned subsidiary of PCHFL.

Bayer CropScience: The agrochemical company temporarily discontinued operations at crop protection formulations plant at Himatnagar in Gujarat, with effect from December 12. This is after the directions from the Gujarat Pollution Control Board.

IIFL Wealth Management: General Atlantic divested 31,15,981 shares or 3.5 per cent stake in asset management firm for Rs 564 crore through an open market transaction, according to the bulk deal data available with the NSE.

IFB Industries: The company has received approval from board of directors for investment of up to Rs 97 crore in equity issue of IFB Refrigeration in one or more tranches.

Patel Engineering: The board of directors of the civil construction company will meet on December 16 to consider raising of funds through issue of equity shares on rights basis to the existing equity shareholders.

Sagar Cements: The board of directors of the cement player will meet on December 21 to consider a draft scheme of amalgamation for the proposed merger of its wholly-owned subsidiary Jajpur Cements with itself.

Tirupati Forge: The multibagger forgings company announced that it has received an approval from a US company to buy mass quantity of flanges, forged fittings and other components, which will increase its revenue roughly by 25-30% after onboarding the new customer.

Heads Up Ventures: The textile product's trader has entered into a contract with Reliance Retail, for sale of the products viz. fashion apparels, accessories, bags, footwear and more under the brand name 'HUP' and its sub-brands on the e-commerce platforms of Reliance Retail.