S&P Global ratings last week said that Vedanta's credit rating may come under pressure if it does not raise $ 2 billion or sell its zinc assets.
1.56 crore shares may be placed on the market by the promoters, with a floor price of Rs 1,875 per share.
According to the SBI website, the bank raised its overnight lending rate, which is based on the marginal cost of funds, by 10 basis points to 7.95%.
Windfall tax on domestically produced crude oil reduced to Rs 4350/ tonne.
Tech Mahindra (+5.55%) is the top gainer , registering over a 5% uptick.
Estimated bauxite deposits of the block is 311 million tonnes.
One factor that truly captures the retail spread and is also not vulnerable to index movements is the growth in folios.
The company has 22 hotels covering 2,000 rooms currently and it will add another 2,000 keys to take the number of hotels to 40 in the next four years.

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