Auto Sector

Morrow Sodali ordered holders of its $1 billion 13.875% due-2024 bonds, $1 billion 6.125% due-2024 bonds, and $ 1.2 billion 8.95% due-2025 bonds to reveal their identities and ownership of the three USD notes by September 6 in an email issued on August 23.

The dispute concerns the government's demand for an additional profit payout related to Director General of Hydrocarbon (DGH) audit exceptions

The company's shares are anticipated to be listed on both the BSE and NSE exchanges on August 30th.

The partnership intends to promote Tata Power's EZ Charge stations on the Zoomcar platform and will help current and future EV owners in addition to Zoomcar's current clients.

As analysts of IIFL Capital Services have highlighted in the past, the price and ownership cost parity of EVs vs ICE was driven by subsidies and a favourable GST regime (5% vs 28% for ICE).

Astra Microwave specializes in developing sub-systems for radio frequency and microwave systems used in defense, space, and other applications

Brent crude had decreased by 16 cents, or 0.2%, to $83.20 per barrel, while U.S. West Texas Intermediate crude had decreased by 18 cents, or 0.2%, to $78.91 per barrel.

Petrol and Diesel prices in cities across India on 25-08-2023

The market-wide position limit is the maximum open positions in F&O contracts of security; crossing 95% initiates the ban period

Spot gold was down 0.1% at $1,915.89 per ounce, remaining below the high set on August 10 on Thursday. It has risen 1.4% so far this week. American gold futures decreased 0.2% to $1,943.90.