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On September 29, the company announced the demerger of its businesses.

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As analysts of IIFL Capital Services have highlighted previously, PV wholesales have been much higher than retails in the past 6-8 months, leading to significant inventory build-up.

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Spot gold was unchanged at $1,823.59 per ounce, while U.S. gold futures were down 0.1% to $1,839.20.

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Petrol and Diesel prices in cities across India on 04-10-2023

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The company priced the IPO in the range of Rs 280-300 per share. Ahead of the issue launch, it has raised about Rs 288 crore from anchor investors.

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Brent crude oil futures had increased by 6 cents to $90.98 per barrel, while WTI had increased by 11 cents to $89.34.

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According to the statement, the state-owned insurer has been fined for breaking sections 271(1)(c) and 270A of the Income Tax Act of 1961.

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Maruti will present its concerns to the Dispute Resolution Panel.

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The notification was issued by the authority's Pune office and referred to the failure to pay GST.

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Asian equities were trading under pressure in Wednesday’s morning session.

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