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The deal will be carried out through a wholly-owned subsidiary called Sun Pharma (Netherlands) B.V., the company said, adding that it would "enable Sun Pharma to acquire the balance 25% stake held by the local partner."

Analysts of IIFL Capital Services believe ACN’s Q4 results and soft FY24 organic growth outlook of 0-3% CC YoY, combined with the sharp decline in Managed Services bookings highlight the lack of tailwinds in the near-term demand environment.

Between December 1998 to March 2009, he served as the organization's vice chairman and managing director.

New schemes launches, steady increase in assets and money coming into passive schemes highlights the growing attractiveness and popularity of passive investing in India.

Brent December futures were down 10 cents, trading at $93.00 a barrel. West Texas Intermediate (WTI) crude for the United States dropped 8 cents to $91.63 a barrel.

After recovering overnight, the euro mostly maintained its position, but it was still close to its January low of $1.0482, which if it was breached would be the lowest since December.

Spot gold was up 0.1% at $1,866.41 per ounce, on pace for a nearly 4% monthly decrease and its second straight quarterly decline. Futures for U.S. gold increased 0.3% to $1,883.50.

One of the most sought after data points published by the RBI each quarter is the changes in the balance of payments.

The NFO of UTI Innovation Fund opened for public subscription on September 25, 2023, and will close on October 09, 2023. Sheetal Agarwal of IIFL caught up with the fund manager to know more about this scheme.

Plaza Wires is offering its shares at a price range of Rs 51-54 per share.