Auto Sector

Brent crude oil futures had increased by 6 cents to $90.98 per barrel, while WTI had increased by 11 cents to $89.34.

According to the statement, the state-owned insurer has been fined for breaking sections 271(1)(c) and 270A of the Income Tax Act of 1961.

Maruti will present its concerns to the Dispute Resolution Panel.

Valiant Laboratories' IPO, which had a price band of Rs 133-140 per share, is entirely a fresh issue.

The price band for the offer is set at Rs 51-54 per share.

The shares are expected to be listed on the stock exchanges on October 9.

According to a statement from the firm, total two-wheeler sales increased by 7% year over year to 3,86,955 units last month from 3,61,729 units in September 2022.

From September 22 to September 29, the USFDA visited the company's Unit VI-B, a formulation production plant located in Chitkul Village in Telangana's Sangareddy District.

In accordance with the contract, Ashok Leyland will produce 55-seater BS VI diesel buses that are fully assembled in a "phased manner".

The proceeds generated from the fresh issues will be allocated towards financing the company's capital expenditures, debt repayment, and general corporate purposes.