DSIJ Mindshare

The stock of RBL Bank tanked more than 12 per cent on BSE as market participants turned cautious over insider trading in the bank. After the founder of Coffee Day Enterprises, Mr.VG Siddhartha went missing on July 29, the next trading day 27 employees of RBL Bank sold their shares.

L&T Finance Holdings Limited sell its investment in L&T Capital Markets, a wholly-owned subsidiary, to IIFL Wealth Finance Limited. The division provides wealth management services in India.

Kalpataru Power informed on Wednesday that the World Bank has issued a notice regarding irregularities in the company’s Africa business.The stock crashed nearly 12 per cent intraday to Rs. 415.10 on the BSE.

The company received ANDA approval from the USFDA for Solifenacin Succinate Tablets, 5 mg and 10 mg to market a generic version of Vesicare Tablets, 5 mg and 10 mg, of Astellas Pharma US, Inc.

Shares of Lime Chemicals slumped 4.87 per cent to Rs. 21.50 hitting the lower circuit on Wednesday after the company suspended the operations at Roha factory.