News Overview

Of the 31,45,977 shares set aside for qualified institutional buyers (QIBs), they had only placed bids for 8,526 shares.

On September 26, the business announced the issuance of 91,11,630 equity shares with a face value of ₹2, raising ₹870.16 Crore via a QIP.

Piramal Pharma Limited's Chairperson, Nandini Piramal, attributed the company's development to its solid operational performance.

Sona BLW has agreed to acquire Escort Kubota's 'Railway Equipment Division' company as a going concern on a slump sale basis.

This order involves the development of an integrated claims management solution portal and mobile application, set to be completed by June 14, 2030.

Top gainers in Sensex include UltraTech Cement, SBI, M&M, HDFC bank. Top losers include HUL, Nestle, Maruti Suzuki, ITC.

Despite the Fed cutting rates aggressively by 50 bps, the RBI has chosen to continue to sit on the fence

In constant currency (CC), the company's revenue for the quarter was Rs 3,062.3 crore, up 33% year over year and 26.3% quarter over quarter.

The acquisition is part of Mahindra Lifespaces' collaboration with Actis, a global investor in sustainable infrastructure, expanding its industrial real estate portfolio.

According to the corporation, the preferred issue will increase its net worth from approximately Rs 11,155 crore to over Rs 12,680 crore.