Pursuant to the acquisition, ARIL will become a promoter and will have joint control in TIL along with TIDCO.
The key equity barometers traded with near the days high in early afternoon trade. The Nifty hovered near the 17,750 mark. Bank stocks advanced for the third consecutive session. At 12:27 IST, the barometer index, the S&P BSE Sensex, was up 565.25 points or 0.96% to 59,427.82. The Nifty 50 index advanced 165.55 points or 0.94% to 17,742.40. The broader market outperformed the frontline indices. […]

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