10 May 2023

10-05-23 Market Updates

1. HDFC Bank allots 4561966 equity shares under ESOP: HDFC Bank allocates 4,561,966 equity shares to eligible employees through ESOS. The allotment was made as per the exercise of options, as stated in the BSE filing. 2. Delhi high court rejects govt plea against RIL: The Delhi high court on Tuesday dismissed a petition filed by the Union government against a consortium led by Reliance Industries Ltd regarding a gas dispute in the Krishna Godavari basin. 3. Adani firms lose UN green endorsement: Adani group companies, Adani Green Energy, Adani Transmission, and Adani Ports, lose endorsement from Science Based Targets initiative for not meeting emissions reduction goals. 4. Paytm Payments Bank announces new UPI-based features: Paytm Payments Bank introduces new features for Paytm UPI, including UPI Lite on iOS, RuPay Credit Card integration, and Split Bill. Users can now link their RuPay credit cards to a UPI ID on the Paytm app. 5. Sebi issues notice to PTC India financial arm over corporate governance lapses: Report India's market regulator issues legal notices to PTC India and PTC India Financial Services for alleged corporate governance lapses. The companies have 21 days to respond and provide explanations to avoid potential actions by the regulator.