News Overview

The firms include Topline Industries, Aditya Polytechnic, Aditya Industries, and Sainath Polymers.

According to a Moneycontrol story from April 17, Sheares Healthcare wants to increase its ownership of Medica to 90% by giving Chairman and important Founder Dr. Alok Roy and associated companies a way out. The deal eventually came to pass.

The February U.S. consumer price index (CPI) report is scheduled to be released at 12:30 GMT. It is anticipated to increase by 0.4% for the month and maintain the 3.1% annual growth rate.

Institutional investors displayed the most interest, subscribing 8.91 times the allotted quota, while non-institutional investors bought 6.93 times the portion set aside for them.

Brent futures for May delivery had increased by 23 cents to $82.44 per barrel. The April contract for US oil increased by 17 cents, closing at $78.10 per barrel.

The US dollar stopped declining and currency movements were muted ahead of a report on U.S. inflation that is expected later on Tuesday and will provide additional insight into the timing of the Federal Reserve's potential rate-easing cycle this year.

In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes. These influences lead to varying fuel rates across different states in the country.

RK Swamy's maiden public issue saw potent demand from investors, with subscriptions reaching 25.78 times the offer size on the final day of bidding, March 6.

Popular Vehicles disclosed the allocation of 61,07,325 equity shares to anchor investors at ₹295 per share. Notable investors such as HDFC Mutual Fund, Quant Mutual Fund, HSBC Global Investment Funds, Lionglobal Investment Funds, BofA Securities Europe SA, Pinebridge Global Funds, and ITI Mutual Fund participated in the anchor book.

The reports said the level of damage remained unknown and that the tanker was transporting alkylate, a fuel used to blend gasoline, for Reliance Industries' U.S. business from a refinery in Jamnagar, Gujarat state.