News Overview

The group's flagship company, Adani Enterprises, revealed that it received two show-cause notices in the quarter that ended on March 31.

Provisional data from the NSE revealed that Foreign Institutional Investors (FIIs) were net sellers of shares worth ₹964.47 Crore, whereas Domestic Institutional Investors (DIIs) infused ₹1,352.44 Crore into the market on May 2.

BZPPL's focus has primarily been on prescription products, particularly in cardiology and women’s healthcare, as well as specialty therapeutics in areas such as oncology, hematology, and ophthalmology, as stated on its website.

According to the official release, this collaboration is intended to deliver secure and mission-critical connectivity to a broad spectrum of industries.

Sales of light commercial vehicles declined by 2% to 4,835 units compared to 4,944 units in the same month last year.

The funds raised from the fresh issue will be utilized by SK Finance to enhance its capital base, catering to future business requirements for onward lending and for general corporate purposes.

Investors with a very high-risk appetite should invest in the Axis Nifty Bank Index Fund for 5 or more years.

In a conference call post-Q4 results, Bajaj Auto announced plans to launch six new models in the first half of FY25, starting with the NS400 Pulsar, featuring a 373cc engine—the largest yet in the Pulsar lineup.

Adani Enterprises announced a dividend for the entire fiscal year 2023–2024 of ₹1.3 per share. The stock was trading at ₹3,003.35, down 1.14% as of 10:49 a.m.

In response to the positive news, Bajaj Finance shares started higher on the BSE at ₹7,350, up 6.8% from the previous closing price of ₹6,881.