Auto Sector

The company has recently launched a new brand under name “Nex” to target upscale urban consumers with its premium range of appliances.

Aiming to reduce the compliance load on the funds, which many in the business say has resulted in regulatory overkill, Sebi sent an email to approximately 20 fund officials and senior professionals, two people told ET.

Recommendation: Add; Target Price: Rs 1375

With the housing financing company holding a 10% stake that it may sell over a two-year period, the buyout fund will acquire 90% of the business.

At the interbank foreign exchange, the native currency started off stronger against the dollar at 82.57 and rose as high as 82.51. Later, it decreased to 82.54, gaining 6 paise from its previous close.

IIFL - Yobee's Tradebox is here to revolutionize the way retail investors trade in derivatives.

Tata Motors raised $1 billion for EV arm from TGP Rise Climate in 2021. M&M raised $250 million from BII in 2022.

Brent crude futures had risen 39 cents, or 0.5%, to $77.34 per barrel, while U.S. West Texas Intermediate crude had risen 45 cents, or 0.6%, to $73.12 per barrel.

The biggest automaker in the nation has been struggling with chip scarcity for some time, which has affected its ability to supply the market.

Spot gold was trading near two-month lows reached on Friday, down 0.3% at $1,941.45 per ounce. American gold futures decreased 0.2% to $1,940.70.