Torrent Power (NSE:TORNTPOWER, BOM:532779) received board approval to raise up to 100 billion Indian rupees through the issue of non-convertible debentures, according to a Tuesday filing to the Indian stock exchanges.
The debentures will be issued in one or more tranches on a private placement basis.
The company's shares were down nearly 7% in recent trade.
Singapore Exchange (SGX:S68) reported a 6% year-over-year rise in securities market turnover to SG$43.2 billion in April, according to an after-market filing with the Singapore Exchange on Wednesday.Securities daily average value, or SDAV, also jumped 6% year over year to SG$2.1 billion, while derivatives traded volume edged up 1% on year to 30.2 million contracts, with derivatives daily average volume increasing slightly to about 1.5 million contracts.The steady trading volumes were driven by strong participation in small and mid-cap stocks, with SDAV of those stocks rising 8% month over month.Meanwhile, assets under management across exchange-traded funds or ETFs, crossed SG$20 billion in April, representing a 45% year-over-year surge.
Shanghai Henlius Biotech (HKG:2696) obtained approval for a phase 1 clinical trial of HLX48 for injection from Australia's relevant regulatory authorities, according to a Wednesday Hong Kong bourse filing.The drug will be tested for the treatment of advanced/metastatic solid tumors.
Kabra Extrusiontechnik (NSE:KABRAEXTRU, BOM:524109) has appointed Uttam Singh, currently the deputy general manager-accounts and finance, as the interim chief financial officer, according to a Wednesday filing to the Indian stock exchanges.His appointment is effective from Wednesday till a new CFO is appointed by the board.