Auto Sector

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)

The solar project will be operational six months after the PPA.

The Rishabh Instruments IPO, which commenced on August 30 and concluded on September 1, had a price band set at Rs 418 to Rs 441 per share.

"Our board has approved the formation of a wholly-owned subsidiary for our green businesses," said Pushp Kumar Joshi, chairman and managing director of HPCL, to ET.

Mahindra & Mahindra has become an associate sponsor of Star Sports.

After registering its largest one-day decline since August 1 on Tuesday, spot gold was muted at $1,924.41 per ounce. Futures for U.S. gold decreased 0.1% to $1,949.80.

The price of Brent crude futures increased by 17 cents, or 0.2%, to $90.21 a barrel.