News Overview

The IPO allotment is planned for September 21, with the listing on both the BSE and NSE exchanges scheduled for September 26.

A number of ZEEL's lenders, including IDBI Trusteeship, IDBI Bank, Axis Finance, JC Flowers Asset Reconstruction Co., and Imax Corp., had objected, but the NCLT had rejected their arguments.

According to the deal, BAE Systems Hägglunds, the Swedish maker of the highly successful BvS10 family of vehicles, would support L&T as the primary for the Indian market.

Adani Wind's 5.2 MW WTG is the highest-capacity onshore wind turbine in India listed in the RLMM and is also one of the most powerful onshore WTGs globally.

EMS Limited is scheduled to commence trading on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) from September 21, in accordance with the IPO timetable.

Tejas Networks, a local producer of telecom equipment, was acquired by Tata Sons in 2021.

On September 12, the NCLAT rejected IDBI Trusteeship's appeal against Direct Media Ventures, a different ZEEL firm.

Through the construction of the new resorts, Mahindra Holidays intends to support the Uttarakhand government as a strategic partner of the state.

Ban was imposed as these securities exceeded 95% of the market-wide position limit

Brent crude increased 46 cents, or 0.5%, to $94.16 while West Texas Intermediate crude (WTI) in the United States increased by 0.6% to $90.74.