The recently created joint venture between MG Motor and Sajjan Jindal-promoted JSW Group would face challenges in recruiting buyers into the sector
Abhay Soi, Max Healthcare's Chairman and Managing Director, stated that the acquisition improves Max's foothold in the NCR region.
By giving corporate clients and travel agencies direct access to IndiGo's entire product lineup, NDC streamlines the booking process.
Brent crude futures for November rose 15 cents, or 0.2%, to $71.76 a barrel. U.S. oil futures for October were up 23 cents, or 0.3%, to $68.88 per barrel.
Technical and financial bids must be submitted by the bidders, with the maximum capacity going to the lowest quoted VGF.
The company aims to use the net proceeds from the IPO towards repay or prepay of debt, for investing in the wholly-owned subsidiary and other capital requirements.
The broader market indices BSE Midcap and Smallcap were also trading flat.
The dollar was unchanged at 140.86 yen, close to where it finished last week and the 140.285 end-of-December low it hit on Friday.
Spot gold was up 0.2% to $2,580.81 per ounce. Bullion reached a new high of $2,585.99 on Friday.
According to bulk deal data available on the National Stock Exchange (NSE), V-Sciences Investments sold 27.10 lakh shares of Godrej Agrovet.

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