Auto Sector

The private sector lender has reduced the issue size from Rs 998 crores, which initially included a fresh issue of Rs 800 crores and an offer for sale of Rs 198 crores.

More than 10,000 people work at the factory assembling the newest iPhone 14 model.

According to a regulatory filing by Minda Corporation, the product would be produced at the Pune site of Spark Minda Green Mobility Systems, a wholly-owned subsidiary.

With a market valuation of $27.15 billion, Tata Motors is now positioned just below Hyundai Motor in terms of market capitalization.

In early Asian trading, the comments caused the dollar to fall to a two-month low of 101.88 against a basket of currencies as traders reduced their projections for how far U.S. interest rates will rise.

Proceeds from the fresh issue will be utilised to augment the lender's Tier 1 capital base to meet future capital requirements.

The company has set July 28 as the record date for the subdivision (split) of its equity shares.

"We cannot force them (the government). The Union may claim that the current state of the market prevents it from obtaining the best price, the CJI said.

Spot gold was unchanged at $1,925.89 per ounce. At $1,931.30, U.S. gold futures were unchanged.

A total of 13 bids have been placed, with ONGC submitting nine bids and the others submitting one each.