Auto Sector

The firm has revised the fresh issue size to Rs 542 crore from the previously planned Rs 615 crore. The Offer for Sale (OFS) includes up to 4.45 million shares from existing shareholders and promoters.

The solar plant aims to generate 61.875 million units (MUs) of electricity annually, fulfilling the energy requirements of SSMI's steel manufacturing unit.

Among the Nifty 50 constituents, Adani Enterprises and Adani Ports emerged as the top losers, both experiencing declines of 3.5% and 2.5%, respectively.

The projects entail the construction of six elevated metro stations from Pili Nadi to Lekha Nagar in reach-2A, as well as one elevated and one at-grade station named ecopark and metro city respectively in reach-IA

Almost 200 companies have received these tax notices over the past six months

The offer comprises a fresh issuance of shares worth Rs 75 crore and an offer-for-sale (OFS) of Rs 415.78 crore by promoters and investor.

This strategic acquisition could potentially transform MG Motor India into an Indian entity, with Jindal owning the majority stake

Investors with very high risk appetite and want to invest for 5 to 7 years to diversify the portfolio should invest in Kotak Multi Asset Allocation Fund.

Even assuming an additional vote share swing of ~2ppt in favour of I.N.D.I.A as a best case scenario for the opposition, NDA is set to comfortably retain majority aided by >50% vote share in 224 seats in the 2019 elections.

OCCRP reveals instances of investors buying and selling Adani stock via offshore structures