Auto Sector

The CCI had ordered the tire companies to pay fines totaling more than Rs 1,788 crore in August 2018 and to stop engaging in unfair commercial practices.

This choice, taken on September 25, 2023, during a meeting, is significant for Fortis Health's expansion plans, especially for the area around Fortis Hospital, Anandpur, Kolkata.

The Rs 270.20-crore worth Manoj Vaibhav IPO opened for subscription on September 22 and will close on September 26.

Margins should trend down, given the focus on growth and diversification into other states and sectors. Healthy balance sheet is a key positive.

These include what may be the largest indirect tax notice ever served in the nation, a GST notice to fantasy sports platform Dream 11 for around Rs 25,000 crore, according to the reports.

The IPO is offered in a price band of Rs 113 to Rs 119 per equity share.

Excluding deal-related amortization expenses, the Biogen Biosimilars deal could add 24% and 29% to Dr. Reddy’s FY24 revenue and profits on a pro-forma basis.

Analysts of IIFL Capital Services earnings estimates now factor normalised levels of margins across companies.

These are the fund categories across debt, equity, passive and hybrids that have an AUM (assets under management (AUM) of more than Rs. 1 lakh crore (1 trillion).

Spot gold was down 0.1% to $1,914.61 per ounce, while U.S. gold futures were down 0.2% to $1,933.30.