Auto Sector

The generated funds from the IPO will be allocated towards partial debt repayment, funding working capital needs, and addressing general corporate requirements.

Gulshan Khurana was addressing a panel at the fourth ETTelecom Digital Telco Summit - 2023, which was conducted in conjunction with the TRAI Centre of Studies and Research.

The company issued 16.7 lakh shares at a rate of Rs 735 per share, as highlighted in a public announcement.

On August 11, a division bench of the Bombay High Court decided that neither Dixit nor GD Apte & Co should act as FLFL's forensic auditor.

As of this now, the SBH chairman can serve a term of up to 63 years, but Khara will turn 63 in August.

According to Bloomberg, two individuals have been named as part-time UIDAI members: Prof. Mausam, an associate professor in the department of computer science at IIT Delhi, and Nilesh Shah, the managing director of Kotak Mahindra Asset Management Company Limited.

Investors with very high risk appetite and want to invest for 5 to 7 years in multi asset mutual fund should invest in Shriram Multi Asset Allocation Fund.

Shares of Glenmark Pharmaceuticals were trading lower on the NSE at Rs 765.25 at 12:04 p.m.

JMT Auto, a maker of automotive components, has been going through a corporate insolvency procedure since February 2022 due to its failure to pay a debt of Rs 60.27 crore to creditor Axis Bank.

Single-judge bench of Justice C. Hari Shankar noted that Dabur had intentionally attempted to copy the key characteristics of the Navratna hair oil produced by Emami India