NTPC Ltd: The company reported that its standalone net profit for the quarter ended 31 March 2021 soared 258% to ₹4,479 crore.
Bharat Petroleum Corporation Ltd: The commerce and industry ministry has floated a draft cabinet note seeking views on a proposal to allow up to 100% foreign investment under automatic route in oil and gas PSUs, which have an ‘in-principle’ approval for disinvestment, people familiar with the matter said.
Reliance Industries Ltd: The company may update investors about the proposed stake sale in its oil-to-chemical business to Saudi Aramco and the Jio-Google phone at the annual meeting on 24 June, analysts said.
SBI Card: CA Rover Holdings, an arm of private equity giant, Carlyle on Friday sold 48 million shares or 5.1% stake of SBI Cards and Payment Services for ₹4,811 crore in a bulk deal.
Vodafone Idea: The company Vodafone Idea is eyeing a ₹5,000-7,000 crore fundraise via QIPs, according to Redbox India.