Auto Sector

Non-banking finance companies (NBFCs) had a robust March 2023 quarter with overall loan growth across segments standing at 16.1% in the March 2023 quarter.

In terms of sectors, the Auto, FMCG, PSU Bank, and Oil & Gas sectors all showed a 1% increase

Investors interested in participating in the IPO can place bids within the price range of Rs 301-317 per share. The minimum bid requirement is set at 47 shares per lot.

After receiving all necessary regulatory permissions, the acquisition will be finalized, according to SBI.

Venus Remedies has now secured a total of 503 marketing approvals for its oncology products across 75 countries.

The company now has a portfolio of 23 billion-rupee bran

RBL Bank said that, for the quarter ending June 30, 2023, "Retail advances climbed 32% YoY while wholesale advances grew 8% YoY. The ratio of advances to retail to wholesale was roughly 56:44.

A Swiss auction was used to sell the loan because it promotes transparency and maximizes asset value through competitive bidding.

SAMIL will acquire an 81 % stake in Yachiyo's 4W business, while Honda will retain a 19 % stake

The company also offers an extensive selection of jewellery crafted from silver, platinum, precious and semi-precious stones, and various other metals.