News Overview

The initial public offering (IPO) consists of a new share offering valued at ₹1,000 Crore and an offer for sale (OFS) by promoter BCP Topco VII Pte, a Blackstone Group affiliate, valued at ₹2,000 Crore.

Fell below the 22,000 mark, down 1.50% to close at 21,967.10.

The company's market capitalization stood at ₹96,088.39 crore, with a free float m-cap of ₹62,591.30 crore.

Revenue from Sula Vineyards' own brands increased by 9.1% Y-o-Y to ₹112.9 Crore, with elite and premium wine revenue rising by 14.3% to ₹84.9 Crore

Tata Power reported that in FY24, the company achieved its highest-ever revenue and EBITDA of ₹61,542 Crore and ₹12,701 Crore, respectively.

The company's net profit for Q4 FY24 increased by 18% year-on-year to ₹485 Crore. TVS Motor's revenue from operations in Q4 FY24 surged by 24% year-on-year to ₹8,169 Crore.

The BSE SmallCap index was down by 1.62%, and the BSE MidCap index fell by 1.35%.

Wipro's Digital Operations and Platforms business will use Kognitos' platform to increase productivity in massive transformation projects.

The investment for this platform amounts to ₹765 Crore and is formed in partnership with Alpha Alternatives Fund Advisors LLP and affiliates (AA group) along with Peninsula Land.

Amol Shinde, Chairman and Managing Director of MAHAPREIT, and Rajiv Gupta, Chief Executive Officer of NTPC Green Energy Ltd. (NGEL), inked the agreement