Auto Sector

The company said that it plans to preferentially issue 57,42,296 equity shares to SBI Mutual Fund on a private placement basis for a total of Rs 4,099,999,344 (the "Issue") at a price of Rs 714 per equity share.

The facility has been labeled as "Voluntary Action Indicated" (VAI) in an Establishment Inspection Report that has just been given to the Unit.

A $110 billion Jafurah gas project is being proposed by Saudi Aramco in the province's east. L&T is the chosen contractor for a $2.9 billion contract, according to a CNBC-TV18 report.

The IPO comprises a fresh issuance of 7,374,163 shares valued at Rs 542 crore, along with an offer for sale (OFS) worth Rs 327.08 crore

JLR and TCS have been working together since 2012 on a variety of projects.

Ather Energy cofounder and CEO Tarun Mehta remarked, "There was strong support for the rights offering, and we are extremely glad to witness the confidence demonstrated by shareholders.

Marketing support revenue grew by 34% — higher than 31% growth clocked by the net sales via inventory model.

Analysts of IIFL Capital Services believe that improvement in factors such as irrigation and power supply have resulted in shielding the impact of low rainfall on crop production, in recent times.

In early Asian trading, the dollar reached a new high of 147.865 yen, its highest level since late November.

Spot gold was up 0.1% to $1,917.99 per ounce, the lowest price since August 29. Futures for U.S. gold decreased 0.1% to $1,942.20.