Auto Sector

According to Godrej Properties, the business has issued one lakh rated listed unsecured redeemable NCDs with a face value of Rs 1,00,000 each, totalling Rs 1,000 crore

The IPO consists of a fresh issue of shares valued at Rs 603 crore and an offer-for-sale of Rs 127 crore.

The suspension is the result of worries from shop floor workers regarding the extension of a long-term settlement deal.

Spot gold was down 0.3% to $1,924.68 per ounce, while U.S. gold futures were down 1.1% to $1,944.90.

There was already a consensus ahead of the Fed meeting that the rates would not be hiked in September.

Brent futures for November delivery were down 44 cents, or 0.5%, at $89.18 per barrel. West Texas Intermediate crude (WTI) CLc1 in the United States decreased by 49 cents or 0.6% to $89.17.

In revenues, LTTS has crossed USD1bn and aspires to reach USD1.5bn revenue run rate by FY25.

The company had set an IPO price band of Rs 200-211.

The IRDAI, the nodal regulator for insurance business in India, has released the full month data stack for all the private and public sector life insurance companies for the month of August 2023.

The price band for this offering, which is set to close on September 22, is fixed at Rs 210-222 per share.