Auto Sector

Brent Crude at $ 73.84 per barrel.

UBS’ acquisition of Credit Suisse wipes off $17 billion of Credit Suisse bonds.

The IPO consists of fresh issue of 20,000,000 equity shares of the face value of Rs 10 each aggregating to Rs 66 crore.

The issue comprises fresh issue of 85.20 lakh equity shares and an offer for sale of up to 25.5 lakh by promoters Mayank Shah and Shweta Shah.

As of December 2022, it has equipment base comprises 111 construction equipment, 46 dumpers, 51 other construction vehicles and 7 ready-mix concrete plants.

The unprecedented response received by DLF’s recent launch of ‘The Arbour' in Gurgaon, reinforces the undergoing trend of strong momentum in luxury projects, especially for reputed developers.

Niva Bupa Health Insurance Co. (Niva Bupa) is India’s second largest standalone health insurer, holding 4.1% market share in the Health segment (excluding Personal Accident) as of 9MFY23.

Analysts at IIFL Capital Services have initiated coverage on Archean Chemical Industries (ACIL) recently.

Government will sell part of its stake in the company through the IPO.

Analysts at IIFL Capital Services analyzed Jio’s recently announced post-paid plans.