Axis Bank’s provisioning increased to Rs 815 crore during the second quarter of the current fiscal, up from Rs 550 crore in the year-ago period.
Between November 12 and 28, the share price of Raymond has dropped by around 17 per cent from Rs 1,901.65 to Rs 1,578.75 apiece.
At the interbank foreign exchange market, the local unit opened strong at 82.97 against the greenback and traded in a range of 82.90-83.06.
France’s TotalEnergies SE will invest $300 million in a new joint venture with Adani Green for renewable energy project, the conglomerate said.
The index was also on its way to the largest weekly gain since late March 2020.
SEBI said the reduction in listing timeline is likely to benefit the issuers to receive their funds and allottees to receive their securities in a shorter time period.
Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Tuesday as they offloaded shares worth Rs 1,725.11 crore, according to exchange data.
These new rates are applicable on deposits below Rs 2 crore with immediate effect, the bank said in a release.
Vedanta Resources Limited founder and chairman Anil Agarwal said, “We are 100% committed to produce semiconductors and display glass in India and have lined up partners for the same.”
Foreign Portfolio Investors (FPIs) were the net buyers, purchasing shares worth Rs 61.51 crore, as per BSE data.