News Overview

50% of the issue is reserved for QIBs, 35% for retail investors, and 15% for non-institutional investors.

The warning letter detailed substantial violations of Current Good Manufacturing Practice (CGMP) regulations for finished pharmaceuticals at the facility.

Production of saleable iron ore increased to 1.3 million tonnes, up from 1.2 million tonnes the previous year.

The stock has gained a total of 67% in the last one year, and 80% since the beginning of the year.

Promoter N Srinivasan and his family own a 28.42% stake in India Cements, albeit some of those shares are pledged.

The euro stayed close to a three-week high against the dollar, as sterling strengthened ahead of the UK elections later in the day.

Spot gold was up 0.3% at $2,362.10 per ounce, having set a near two-week high the previous session. Gold futures were barely changed at $2,369.80.

Brent crude prices declined 0.34%, to $87.04 a barrel, while U.S. West Texas Intermediate (WTI) crude futures fell 0.38%, to $83.56.

Indian government bond yields are projected to fall in early trade on Thursday, following a drop in US yields as dismal economic data boosted bets on interest rate reduction.

Das also underlined the importance of banks implementing strong cybersecurity measures and successfully managing third-party risks.