Auto Sector

The lenders received an early offer from CFM ARC of Rs 1,120 crore, followed by offers from NARCL of Rs 1,150 crore and Reliance Power of Rs 1,200 crore.

Wipro’s buyback will be open for shareholders to participate from June 22 to June 29.

Spot gold held steady at $1,950.89 per ounce after falling on Monday due to light trading. At $1,962.60, U.S. gold futures were down 0.4%.

HDFC Credila has a pre-money valuation of Rs 10,350 crore

At its first investor day in 5 years, Coforge (COFO) highlighted how a single-minded focus on execution over the last 6 years has helped the company deliver top-quartile revenue growth and achieve USD 1 billion in annual revenue.

The company in its exchange filing has said that it has finalised the allocation of 24.61 lakh shares to anchor investors, at a price of Rs 585 per share, the upper end of price band.

The week to June 16, 2023 was a relatively better week for start-ups with funding higher at $190 million across 21 deals as compared to $132 million in the previous week across 19 deals.

The local currency opened at Rs 82.03 against the dollar, slightly lower compared to the previous closing rate of Rs 81.94.

Petrol and Diesel prices in cities across India on 20-06-2023

China's Modest Rate Cut Triggers Asia Share Decline