After opening flat, domestic equities jumped higher on Wednesday led by a rally in bank stocks.
The company has significant value but unfortunately, the Resolution Professional (RP) has not found anyone who can take this forward, Kaushik Khona said.
On Monday, the yield on the 10-year US bonds surged to 5.02 per cent, its highest level since July 2007. It, however, eased to 4.859 per cent on Wednesday.
The investment is at “a pre-money equity value of Rs 8.361 lakh crore (around USD 100 billion)”, Reliance Industries Ltd said in a regulatory filing.
Inclusion to result in nearly $26 bn of passive inflows, say experts
Exports up 6.21% to USD 33.57 billion in October; trade deficit high at USD 31.36 billion: Govt data
Commerce Secretary Sunil Barthwal said the trade numbers in October reflect ‘green shoots’ of recovery in outbound shipments.
Ola Electric announced the successful closure of the funding round from Temasek-led investors and State Bank of India.
BMW iX1 was launched on Thursday as a completely built-up unit at an ex-showroom price of Rs 66.9 lakh. BMW iX1 is the first-ever pure-electric version of the X1 and fifth EV launched by BMW India after the i7, iX, i4 and Mini SE.
According to an analysis of India’s official trade data by The Indian Express, Russia’s share in India’s oil imports (by volume) in October was 31.9 per cent, down from 34.8 per cent in September.
Soon after listing, SBFC Finance’s stock jumped further, to hit an intraday high of Rs 91.50, up 60.5 per cent from its issue price of Rs 57.