Auto Sector

The IPO will consist of a fresh issue of shares valued at Rs 200 crore and an offer-for-sale (OFS) component featuring 91.33 lakh shares.

The IPO price band for Jupiter Life Line has been set at Rs 695-735 per share, and the subscription window will remain open until Friday, September 8.

Trading in the equity shares is set to commence on September 14.

For the most recent fiscal year, FY 2022–23, NBCC reported a total operating revenue of Rs 8,754.44 crore.

With the NCLT approval in place, the next steps entail ROC filing and intimation of record/effective date.

Air cooling and refrigeration appliances are a subset of the home appliances market that Tata seeks to dominate.

Per channel checks feedback, companies have indicated sharp price hikes in Sept’23 – Rs35/bag implemented in the East; while Rs5- 15/bag intimated across other regions

Samhi Hotels has built a portfolio of 3,839 keys across 25 operating hotels in 12 major urban consumption centres.

Assuming 30-40% portfolio overlap between Torrent and Cipla in these five therapies, analysts of IIFL Capital Services believe Torrent might be required to divest 8-10% of Cipla’s India business

The Index Maintenance Sub Committee (Equity) of NSE Indices Ltd has decided to exclude JIOFIN from various indices effective from September 7, 2023 (close of September 6, 2023)