Stocks in the news: yes bank,indostar capital finance, Vedanta, r-com sebi,nbcc

YES Bank: A media report suggested that YES Bank has approached mutual funds for raising fresh equity capital worth $300-$500 million.

IndoStar Capital Finance: Fair trade regulator Competition Commission of India on Tuesday approved acquisition of up to 40 per cent stake in IndoStar Capital Finance Ltd by BCP V Multiple Holdings on a fully diluted basis.

Vedanta: Moody's Investors Service said it has downgraded parent Vedanta ResourcesLimited's (Vedanta) corporate family rating (CFR). The rating was downgraded to B1 from Ba3.

NBCC: National Company Law Tribunal has approved the resolution plan of NBCC to acquire realty developer Jaypee Infratech. It ordered that the Rs 750 crore deposited by Jaypee Infratech's parent Jaiprakash Associates with the registry of the Supreme Court would be part of the resolution plan.

RCom, SBI: The board of State Bank of India (SBI) is learnt to have approved resolution plan for Reliance Communications, through which lenders are expected to recover around Rs 23,000 crore.