SpiceJet to be watched after launch of new international flights

SpiceJet announced the launch of eight new non-stop international flights from the country's busiest metros of Mumbai and Delhi. SpiceJet will service Mumbai-Riyadh-Mumbai, Mumbai-Dhaka-Mumbai, Delhi-Dhaka-Delhi and Delhi-Jeddah-Delhi with daily non-stop flights. The announcement was made after market hours yesterday, 25 June 2019.

NTPC had participated in the UPNEDA's tender for 500 MW Solar capacity with two bids of 20 MW each at Auraiya and Rihand. Reverse Auction was carried out on 25 June 2019 and NTPC has won entire 40 MW of Solar capacity bid by it at a levelised tariff of Rs. 3.02/kWh applicable for 25 years. The projects shall be set up by NTPC under EPC mode and shall add to the installed capacity of NTPC. The announcement was made after market hours yesterday, 25 June 2019.

HealthCare Global Enterprises said that the company's board of directors approved the allotment of 7.10 lakh equity shares at Rs 285 per share on preferential basis, to Kunnathu Philipose Geevarghese. The announcement was made after market hours yesterday, 25 June 2019.

Dewan Housing Finance Corporation said the company has defaulted payment towards maturity on unsecured commercial paper dues to the tune of Rs 225 crore. The company said that the amount shall be paid over the next couple of days. The announcement was made after market hours yesterday, 25 June 2019.

Shares of Torrent Power will be watched. Gujarat Electricity Regulatory Commission (GERC) approved the power procurement arrangement of 278 MW between the company's UNOSUGEN Power Plant (capacity of 382.5 MW) and its Licensed Distribution Business for cities of Ahmedabad, Gandhinagar and Surat. The approval, with certain stipulations, is for the balance life of the plant i.e. 19 years. The announcement was made after market hours yesterday, 25 June 2019.

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