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Sun Pharma, IndusInd Bank, Larsen & Toubro and UltraTech Cement were among the gainers on Sensex.
A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.
Aditya Birla Capital received shares on a rights basis on Tuesday, according to the business.
The company is raising Rs 1000 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.
As the company continues to invest in new businesses amid a soft consumption environment, debt levels are expected to rise further in FY24.
NCDs are fixed-income securities listed on BSE and NSE, offering an alternative to bank and corporate FDs for investors with medium risk tolerance
The collaboration aims to bring agility, customer-centricity, and operational efficiency to the insurance sector, focusing on Life and Annuity (L&A) and Property & Casualty (P&C) insurers
Investors with very high risk appetite and want to invest for 5 to 7 years to diversify the portfolio should invest in Mirae Asset S&P BSE Sensex ETF.
Nirma Ltd. will conduct a required open offer to all public shareholders of GLS in accordance with SEBI regulations.
SEBI mandates that promoters cannot hold more than 75% of a company's stake, and Glenmark has until August 2024 to meet this requirement