News Overview

A number of corporations, including Grasim, South Indian Bank, and Indiabulls Housing Finance, recently issued and completed their separate rights offerings.

The Board also authorised issuing non-convertible taxable debentures worth ₹25 Crore through a private placement.

Central Bank, founded in 1902, manages over $20 billion in assets and serves more than 150 facilities in 78 cities in Missouri, Kansas, Illinois, and Oklahoma.

The BSE Midcap and Smallcap indices concluded the day on a relatively flat note.

Vodafone Idea has outstanding debts that it has not yet paid to suppliers and companies that supply tower services, such as ATC and Indus Towers. Indeed, ATC is pulling out of the Indian market.

About 2% of all cars sold in India in 2023 were electric vehicles (EVs); by 2030, the government wants that percentage to reach 30%.

The Indian refiner has also purchased 2 million barrels of WTI crude for loading in April through a spot contract, according to sources.

Foreign institutional investors (FIIs) were net buyers of shares valued at ₹1,421.48 Crore, while domestic institutional investors (DIIs) purchased stocks worth ₹7,449.48 Crore on March 19, as per provisional data from the NSE.

The decision was made based on feedback from vegetarian customers. However, the move received both praise and criticism from users online.

Details regarding the seller(s) were not disclosed. In a separate bulk deal on the BSE, Abakkus Asset Manager LLP bought shares of rice milling company LT Foods for ₹55 Crore through an open market transaction.