Amara Raja Batteries Ltd. stated that it plans to invest Rs 9,500 crore over the next ten years in Telangana to establish facilities for research and manufacturing lithium-ion batteries in the state
These layoffs coincide with a wave of employee layoffs at numerous other significant startups
Real Estate stocks were trading in green, with the S&P BSE Realty Index index rising 4.64 points or 0.13% at 3695.05 at 09:45 IST.
Metal stocks were trading in the positive zone, with the S&P BSE Metal index rising 389.97 points or 1.88% at 21110.21 at 09:45 IST.
ATC stated that Vi's payment shortfall in the quarter ended September 2022 was approximately $48 million (approx. Rs391 crore)
Basic materials stocks were trading with gains, with the S&P BSE Commodities index increasing 41.24 points or 0.71% at 5824.97 at 09:45 IST.
Case pertained to trademark infringement
Bajaj Hindusthan Sugar soared 17.16% to Rs 15.84, extending gains for the second trading session after the company said that it has settled entire overdues towards term loan installments till September 2022.
Quint Digital Media rose 2.75% to Rs 342 after the company announced that its board approved raising Rs 125 crore through right issue of equity shares.

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