As per the deal, it has allotted 6.86 crore equity shares to QIA of RRVL, which is the leading retailer in the country, said a regulatory filing from Reliance Industries Ltd (RIL).
Adani Enterprises was today’s top drag in the Nifty50 index, and fell 3.64 per cent today, to close at Rs 2,446.95.
Profitability has remained elusive as WeWork grapples with its expensive leases and corporate clients cancelling because some employees work from home.
Fresh inflows under various non-resident deposit schemes doubled to $6.1 billion in April-October 2023 from $3.05 billion in the same period of the last year, a recent Reserve Bank of India (RBI) data showed.
There were many instances in the past where manipulators floated rumours in the market to rig share prices.
Among the Sensex firms, Asian Paints, Titan, Larsen & Toubro, JSW Steel, ITC, Hindustan Unilever, Maruti and Reliance Industries were the major gainers.
Vedanta promoter Twin Star Holding is planning to sell a 4.3 per cent stake in Vedanta Ltd to raise up to $501 million (Rs 4,136 crore) for debt repayment.
Mahindra & Mahindra on Wednesday said its total wholesales increased 32 per cent year-on-year to 80,679 units in October, its highest-ever dispatches in a month.
The decline is mainly due to the Reserve Bank of India’s (RBI) decision to withdraw the Rs 2,000 denomination notes from circulation on May 19 this year.
Sebi prohibits insider trading but allows senior management personnel to trade in the shares of their companies under the trading plan framework, introduced in 2015.