News Overview

The OFS will include the sale of shares by various entities, including Rekha Rakesh Jhunjhunwala, Intensive Softshare, Intensive Finance, Chandurkar Investments, Subroto Trading & Finance Company, Rajnish Gupta, Madhu Surana, Sabita Agarwal, Rekha Kedia, Shakuntala Devi, and D.K Surana HUF. Notably, upon the demise of Rakesh Jhunjhunwala, his equity shares were transmitted to Rekha Rakesh Jhunjhunwala, his nominee and wife.

Today's trading volume of about 10 crore Tata Steel shares is more than twice that of the previous month.

The spotlight was on Adani group companies, with all 10 stocks witnessing declines following reports from Bloomberg suggesting that US prosecutors had expanded their investigation to scrutinize potential bribery activities within the firm.

In 2020, Venkatasubramanian assumed the role of CEO at P&G Australia and New Zealand, where he achieved remarkable business performance by driving strong category growth. With his extensive leadership experience and robust business acumen, he has successfully led diverse teams over the years.

In February 2024, the Supreme Court declared electoral bonds unconstitutional, citing their non-disclosure of funding information as a violation of citizens' right to information. Subsequently, the court directed SBI to furnish all electoral bond-related data.

Last week, the business was awarded a wind-solar power project from Gujarat Urja Vikas Nigam Limited.

Jindal Stainless said in a statement that it supplied premium 'SS 301LN' grade stainless steel for the project.

The investments are made in portfolio companies such as energy, airports, commodities, cement, and media.

Traders and members are advised to only engage in derivative contracts for these securities to reduce their existing positions through offsetting actions. Any attempt to increase open positions during this period will result in appropriate penalization and disciplinary measures, as per NSE regulations.

The business won a ₹1,540 solar project last week. The company's shares had reached a 52-week high of ₹1,287.50 following the order victory.