Adani Enterprises last month announced that it has signed a pact to acquire 100 per cent of SEPL.
On the domestic equity market front, Sensex rose 92.47 points or 0.14 per cent to settle at 66,023.24 points. The Nifty advanced 28.45 points or 0.14 per cent to 19,811.85 points.
Five companies raise over Rs 7,300 crore this week; 26 cos get SEBI nod to raise Rs 29,000 crore
Given the outrage and the immediate adverse impact, the DGFT issued a notification Friday that now gives the industry a three-month reprieve.
The Ministry also said that a fuller transmission of the monetary policy, which essentially means pass-through of the central bank’s rate hikes to consumers by banks, may also temper domestic demand.
Indices opened with minor cuts on January 24 amid mixed cues from the global markets. BSE Sensex opened 205.06 points, or 0.29 per cent lower at 70,165.50 and NSE Nifty traded 53.50 points, 0.25 per cent 21,185.30. The indices rebounded later during the trading session.
SoftBank has previously set a PayPay listing as a goal, with one executive saying in November it was worth just under 1 trillion yen ($7.17 billion).
Rising for the fifth consecutive day, the 30-share BSE Sensex jumped 371.95 points or 0.52 per cent to settle at an all-time closing high of 72,410.38.
“Though food inflation in July is perhaps the third highest since the new CPI series began in 2014, only 48 per cent of food items have inflation of above 6 per cent, and this includes 14 food items with inflation in double digits,” it said.
The move comes at a time when the wheat and atta prices have risen in recent months and the grain stock in the central pool has depleted.