News Overview

Deliveries, according to the business, will begin in Bengaluru in December and spread to other Indian cities by March 2024.

These NCDs have tenures of 24 months, 33 months and 60 months. It offers coupon rates from 9.10% to 9.70% based on the selection of investors.

The deal involves the acquisition of a share in UPL SAS by Platinum Trust and TPG Upswing via the Upswing Trust.

According to sources, Hulst BV will sell 1.62 crore shares, bringing the total transaction value to almost Rs 7,400 crores.

The Mumbai-based company has strategically allocated 15% of the issue portion to high net-worth individuals, while the remaining 35% is reserved for retail investors.

The Memorandum of Understanding (MoU) establishes a framework by which the two businesses may collaborate and coordinate to establish a Joint Venture Company (JVC) under the Companies Act, 2013

The CCI stated in its 32-page ruling that it cannot agree with the DG's assessment that Tata Motors compelled its dealers to offtake automobiles.

Before the IPO launch, the company allocated 92.70 lakh shares to anchor investors at Rs 99 per share.

If you receive a VAI classification, it signifies that although the agency has uncovered undesirable conditions or practices, it is not yet ready to take or suggest any administrative or regulatory action.

Omega had sold 18 lakh shares, or 1.06% of its holding in Shriram Properties.