News Overview

These layoffs coincide with a wave of employee layoffs at numerous other significant startups

At meeting held on 04 December 2022

Case pertained to trademark infringement

Quint Digital Media rose 2.75% to Rs 342 after the company announced that its board approved raising Rs 125 crore through right issue of equity shares.

Amara Raja Batteries Ltd. stated that it plans to invest Rs 9,500 crore over the next ten years in Telangana to establish facilities for research and manufacturing lithium-ion batteries in the state

Bajaj Hindusthan Sugar soared 17.16% to Rs 15.84, extending gains for the second trading session after the company said that it has settled entire overdues towards term loan installments till September 2022.

ATC stated that Vi's payment shortfall in the quarter ended September 2022 was approximately $48 million (approx. Rs391 crore)

Metal stocks were trading in the positive zone, with the S&P BSE Metal index rising 389.97 points or 1.88% at 21110.21 at 09:45 IST.

Basic materials stocks were trading with gains, with the S&P BSE Commodities index increasing 41.24 points or 0.71% at 5824.97 at 09:45 IST.

Real Estate stocks were trading in green, with the S&P BSE Realty Index index rising 4.64 points or 0.13% at 3695.05 at 09:45 IST.