The board of HDFC Bank on Monday appointed former Finance Secretary Rajiv Kumar as its new chairman, who had been instrumental in revitalising public sector banking and the financial sector. Kumar, who later served as the 25th Chief Election Commissioner of India, is also credited with setting a world record for overseeing the 2024 General Election, where the largest number of voters participated. He would replace Atanu Chakraborty, who abruptly resigned citing ethical concerns in March.The board of Yes Bank has approved a proposal to raise up to ₹7,500 crore through the issuance of equity securities via various permissible routes, subject to shareholder and regulatory approvals. The fundraise will be capped at a maximum equity dilution of 10%, including any potential conversion of convertible debt instruments. Furthermore, the board has also approved a proposal to raise up to ₹8,500 crore through the issuance of debt securities in domestic or overseas markets in one or more tranches. The plan includes the option of issuing convertible debt instruments, with total dilution capped at 10%, subject to shareholder and regulatory approvals, Yes Bank said in a regulatory filing.Axis Bank on Monday said the bank’s Chief Financial Officer, Puneet Sharma, has tendered his resignation to pursue the next phase of his professional journey. He will be relieved from the services of the bank at the close of business on August 31, 2026 and shall cease to be the key managerial personnel and a part of senior management of the bank with effect from that date, Axis Bank said in a regulatory filing. Beside, the board approved re‑appointment of CH S S Mallikarjunarao as an Independent Director of the bank for second term of four years with effect from February 1, 2027 up to January 31, 2031, subject to approval of the members of the bank, it said.Bandhan Bank has formally announced the resignation of its Co-Chief Financial Officer (CFO), Rajeev Mantri, from September 2026. Mantri tendered his resignation on June 29, citing the pursuit of another opportunity for career growth.RailTel Corporation of India Ltd has received the Work Order for Development of an Exclusive End-To-End Online Portal for the Goa Labour Welfare Board. The Size of Order as per Work Order is Rs. 27,06,04,323/- (Including Tax)Jagsonpal Pharmaceuticals has entered into a definitive agreement for the acquisition of 85% equity stake in Aequitas Healthcare (Aequitas) for Rs 20.8 crore. Aequitas primarily focuses on sale and distribution of pharmaceutical products to hospitals. The proposed acquisition marks the company’s strategic entry into the hospital segment and is aligned with the company’s long-term vision of strengthening its presence in India’s growing healthcare ecosystem. While the acquisition will be funded from internal accruals of the company, the current Directors of Aequitas would retain 15% stake and shall continue to be associated with the business. SIS Limited has announced a share buyback of up to Rs 120 crore, which will be the company’s fifth buyback programme since its stock market debut in 2017. The board of the company has “approved, in principle”, a proposal to undertake a share buyback of up to Rs 120 crore, SIS said in a late evening regulatory filing. This will be “at a maximum price of Rs 478.50 per equity share, representing a 10 per cent premium to the closing price on June 25, 2026,” it added. The company estimates that around 25 lakh shares could be bought back under the proposed programme, although the final number may vary depending on the buyback price and other factors.A 50:50 joint venture of Sterling & Wilson Renewable Energy Ltd and Hassan Allam Construction has secured a Letter of Award (LoA) worth about $560 million for the West Minya Solar Project in Egypt. The project marks a significant addition to the company’s international renewable energy portfolio and will be executed through the joint venture.BSE has said it will directly manage the licensing of its market data products for international clients starting January 1, 2027, a function currently handled by Deutsche Börse AG. International clients will continue to receive BSE Market Data Products from BSE starting January 1, 2027, with no interruption in service, the exchange said in a statement.Oberoi Realty Ltd on Monday said it will invest around Rs 6,000 crore to develop a luxury housing project in Gurugram, marking its entry into the Delhi-NCR property market. The company’s Chairman and Managing Director (CMD) Vikas Oberoi announced the launch of the first phase of its housing project ‘Three Sixty North’, located at Sector 58, Golf Course Extension Road in the city. The project comprises 832 units across six towers.RITES signed a Memorandum of Understanding (MoU) with Container Corporation of India (CONCOR), a Navratna Public Sector Enterprise under the Ministry of Railways, to collaborate on Project Management Consultancy (PMC) services from concept to commissioning for the development and improvement of CONCOR’s terminals and establishments.Accord Transformers & Switchgear Ltd has received a significant domestic purchase order for the supply of transformers for an amount of Rs. 19,97,50,400 Including GST.WeWork India has strengthened its Hyderabad market by signing an addendum for an additional 31,259 sq ft at its Krishe Emerald centre. This expansion, representing a capital commitment of ₹9.8 crore, underscores the robust demand for flexible managed office spaces among Global Capability Centres (GCCs) and large enterprises. The expansion follows a stellar FY26 performance where the company reported a doubling of net profits, signalling a sustainable growth trajectory in the commercial real estate segment.ARSS Infrastructure Projects Ltd has bagged an order worth ₹51.60 crore from East Coast Railway to construct a Road Over Bridge on the Khurda-Puri line. The project has to be completed within 24 months and includes specific financial guarantees.Schneider Electric on Monday announced the elevation of Roshan Varadarajan to Vice President, Industrial Automation, Greater India, effective July 1, 2026. In his new role, Varadarajan will lead Schneider Electric’s Industrial Automation business in Greater India, driving the adoption of software-defined open automation, Industrial AI, and digital solutions, a statement said.Published on June 30, 2026