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With effect from September 1, 2023, Biocon Generics Inc. has bought Eywa's Cranbury factory, according to a statement from the Bengaluru-based business.

The IPO will exclusively consist of newly issued shares.

According to the CME FedWatch tool, markets are pricing in a 93% chance of the Fed keeping interest rates unchanged this month and a 60% chance that there won't be any more increases this year.

The IPO exclusively comprises a fresh issue of Rs 1,000 crore, with no offer-for-sale component, as confirmed by the company in the draft red herring prospectus

Petrol and Diesel prices in cities across India on 04-09-2023

The benchmark equity indices, Sensex and Nifty, displayed positive momentum in the pre-opening session

Brent crude was up 17 cents, or 0.2%, at $88.72 per barrel. West Texas Intermediate (WTI) crude for the United States increased by 25 cents, or around 0.3%, to $85.80.

Passenger electric car sales, including international markets, increased by 54.95%.

It noted that sales of mini-segment cars, which include the Alto and S-Presso, fell to 12,209 units.

Spot gold increased 0.2% from Friday's high of $1,952.79 to $1,941.89 per ounce by 0127 GMT. To $1,967.90, U.S. gold futures increased by 0.1%.