News Overview

In an exchange filing earlier this month, Bank of Baroda stated that it intends to raise up to Rs 15,000 crore through infrastructure and tier-II bonds in order to finance business expansion.

A penalty of Rs 1 lakh was imposed for "minor non-compliance" under Section 125 of the CGST Act and SGST Act, unrelated to willful misstatements or suppression by the company.

Titan's market capitalization surged to Rs 3.01 lakh crore on Tuesday, as the company's shares touched a 52-week high of Rs 3,400 apiece, up over 2% on the BSE.

In the broader market, midcap and smallcap stocks also declined. The BSE Midcap index fell 0.66%, while the BSE Smallcap index slipped 0.63%.

OneWeb, which recently concluded a merger with France's Eutelsat, is the first firm in India to receive IN-SPACe approval.

The technology implementation aims to prevent network disruptions caused by optical fibre cable damage by rerouting traffic through alternative cable links.

The company successfully raised Rs 177.9 crore from investors through its anchor book on November 21.

Earlier, on November 21, the company successfully raised Rs 324.68 crore through its anchor book.

The funds generated from the IPO will be allocated towards debt repayment and acquiring equipment and undertaking civil work essential

Tuesday saw the rupee closing 2 paise lower, reaching a record closing low of 83.36 against the dollar