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According to the statement, unit delivery managers will decide how to divide the reward for their particular units this week and notify the qualified workers.

The move poses a potential loss for India as Apple had plans to include Indian conglomerates like the Tatas in its supply value chain network.

Nifty and Sensex closed positive for the week to November 17, 2023; marking the third consecutive week of gains.

Industry data indicates that 30 part makers, both Indian and multinational companies with operations in India, exported parts worth $135-150 million to Tesla in 2022-23.

FPIs turned net buyers in equities in November 2023 as IPO inflows more than offset the secondary market outflows.

Nifty closed above 19,700 this week, but the coming week would be about US FOMC minutes and FPI flows into India.

The sharp fall in US inflation in October led to the US bond yields and the dollar index weakening this week.

The appointment is subject to members' approval, and Vaswani will assume office after the end of Dipak Gupta's term on December 31, 2023.

In conversation with Sheetal Agarwal of IIFL, management of the IPO-bound company discusses the key investor concerns around PSUs, opportunity landscape for RE financers and its growth strategy.

Nifty losers included State Bank of India, Axis Bank, and Bajaj Finance, with falls ranging from 0.5% to 2.5%.