News Overview

This move is part of L&T's strategy to exit non-core businesses, reducing exposure to asset-heavy developmental projects to enhance return on equity (RoE).

Despite the downturn in benchmark indices, the broader market demonstrated strength, with the BSE Midcap index rising by 0.37% and the BSE SmallCap index by 0.29%.

SIP flows did not cross ₹20,000 Crore in March, but was still the best month on record.

Services provided by the Hosur plant include production planning, quality management, inbound material activities, kitting, reverse logistics, and export.

TCS had aimed to recruit 40,000 freshers in FY24, following a decrease in net employee addition in FY23 compared to the previous fiscal year.

The NFO is available for subscription from April 08 to April 22. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.

The new theatre will strengthen the company's presence in Karnataka with 219 screens in 37 theatres and Bengaluru with 172 screens in 26 theatres.

Trading occupancy for Indore mall was up marginally QoQ. The new Bangalore mall (Mall of Asia) has also witnessed a steady ramp up, albeit will be slower due to higher share of premium/luxury brands.

The NSE updates its list of banned securities in the F&O segment daily, with the ban enforced on stocks whose derivative contracts surpass 95% of MWPL.

The deal expires on April 22. The company stated in an exchange filing that the anchor bids will be accepted on April 16.