New Delhi, Sept. 18 -- Bandhan Bank and SBI offloaded their shares in YES Bank to Japan's Sumitomo Mitsui Banking Corporation (SMBC). In addition, SMBC will acquire another 4.2% stake in the bank from a Carlyle Group affiliate for Rs.2,850 crore.

Apollo Tyres announced that it will cut product prices by Rs.300 to Rs.2,000, effective September 22, in order to pass on the benefits of the GST rate reduction to customers.

CSL has secured a Rs.200 crore deal with ONGC for the repair of a jack-up rig, with the project scheduled to be completed within 12 months.

The company has cleared the allotment of 3.31 crore shares valued at Rs.1,500 crore to its promoter, Rising Sun Holdings, increasing its paid-up capital to Rs.162.47 crore.

The compa...