News Overview

With a market valuation of $27.15 billion, Tata Motors is now positioned just below Hyundai Motor in terms of market capitalization.

In early Asian trading, the comments caused the dollar to fall to a two-month low of 101.88 against a basket of currencies as traders reduced their projections for how far U.S. interest rates will rise.

Proceeds from the fresh issue will be utilised to augment the lender's Tier 1 capital base to meet future capital requirements.

Vedanta stated that it will continue to widen its semiconductor team.

The company has set July 28 as the record date for the subdivision (split) of its equity shares.

"We cannot force them (the government). The Union may claim that the current state of the market prevents it from obtaining the best price, the CJI said.

Spot gold was unchanged at $1,925.89 per ounce. At $1,931.30, U.S. gold futures were unchanged.

A total of 13 bids have been placed, with ONGC submitting nine bids and the others submitting one each.

The NCLT approval is a crucial legal milestone for the merger scheme to be implemented.

Brent crude futures had increased by 33 cents, or 0.4%, to $78 per barrel, while U.S. West Texas Intermediate crude had increased by 35 cents, or 0.5%, to $73.36.