News Overview

The sale included up to 5.03 million shares (9.38% equity) from Client Ebene and up to 1.22 million shares (2.28% equity) from CVCIGP II Employee Ebene.

The NSE stated that derivative contracts in these securities have surpassed 95% of the MWPL, triggering the ban.

Although the firm has not detailed the nature of the observations, it has stated that JHSGP would submit an action plan based on the observations.

Vodafone has hired advisors from Bank of America, Morgan Stanley, and BNP Paribas to help with the stake sale in Indian stock markets.

Fosun Pharma, a wholly owned subsidiary of Shanghai Fosun Pharmaceutical (Group) Co, owns approximately 58% of Gland Pharma, with a market value of $3.6 billion.

Figures released on Tuesday indicated that U.S. retail sales barely climbed in May, and data for the previous month was revised significantly lower.

Investors responded enthusiastically to the ixigo IPO during its three-day subscription period, which began on Monday, June 10

Gold prices are down 6% from a record high of $2,449.89 per ounce set on May 20 during a surge against typical headwinds such as a strong dollar.

Brent crude futures for August delivery increased 6 cents to $85.39 per barrel. In June, U.S. West Texas Intermediate crude rose 10 cents to $81.67 a barrel.

Dee Development Engineers, a piping solutions provider, raises ₹125 crore from anchor investors including Citigroup, Morgan Stanley, and SBI General Insurance.