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Tamil Nadu retains 'achiever' status in logistics infra rankings of states

State credits 'progressive approach towards logistics improvement' for top ranking in central government report

IPO wrap: Motisons Jewellers subscribed 51 times, others above two times

It was the penultimate day of the issue for Muthoot Microfin, Motisons Jewellers, and Suraj Estate Developers

Investor sells 4.5% stake worth Rs 1,281 cr in Apollo Tyres by block deal

The key buyers included Nippon India Mutual Fund, ICICI Prudential Mutual Fund, and Edelweiss Mutual Fund, among others

Vedanta board approves raising of Rs 3,400 cr NCD for refinancing purposes

These would be secured, Unrated, Unlisted, Redeemable, NCDs of face value Rs 1,00,000/- each aggregating upto Rs 3,400 crore in one or more tranches, the company said

'Talent pool, infra, policy continuity make state an industrial powerhouse'

"State to choose investors based on quality of jobs to be created," said T R B Rajaa, TN industries minister, at the Business Standard Tamil Nadu Round Table 2023

JSW group stocks decline amidst rape allegation against chairman Jindal

The shares of the group's flagship firm, JSW Steel, fell 1.5 per cent, JSW Holdings fell 1.3 per cent, and Shiva Cement fell 2.4 per cent

CRISIL downgrades Edelweiss Financial Services' long-term rating to 'A+'

The group's overall credit profile is supported by adequate capitalization, and a diversified business profile with good market position in asset reconstruction and asset management businesses

IPO Wrap: Inox subscribed 61x, Muthoot Microfin is off to a good start

Public issuance of RBZ Jewellers, Happy Forging, and Credo Brands will be open for subscription tomorrow

'Exceptional': Nifty likely to end at 21,834 in 2024, says Kotak Securities

The brokerage said several factors in the next few months would set the tone for the global and Indian markets in the first half of next year

India could be third largest economy in 2026: Ex Niti Aayog VC Panagariya

Today, India is the world's fifth-largest economy, preceded, in ascending order, by Germany, Japan, China, and the United States of America (USA)

TCS modernises post-trade market infrastructure for Switzerland's SIX

Platform is the backbone of the Swiss market's post-trade value chain, says Indian IT firm

BS Tamil Nadu Round Table to discuss future of manufacturing, GCC on Monday

To capture the unique growth story of Tamil Nadu, Business Standard is hosting a marquee event-Tamil Nadu Round Table 2023-- in Chennai on Monday

Zee Entertainment seeks deadline extension for finalising Sony merger deal

While the merger between the two companies received the requisite approvals, differences cropped up over who would helm as the chief executive officer of the merged entity

Mumbai police book JSW Group boss on alleged charges of rape, assault

Sajjan Jindal has called the allegations 'false and baseless'

Infy hands out salary revision letters to employees, hikes effective Nov 1

Traditionally, Infosys rolls out its annual salary hikes for employees below the senior management in April, with other people in the organisation receiving their share of hikes in July

JM Financial appoints Axis Capital's Chirag Negandhi as managing director

Homegrown JM Financial's ranking has risen this year in the league tables for ECM activity amid rising deals in the small and midcap space

Sebi issues warning to Care Ratings and orders corrective measures

The market regulator has advised the rating agency to take corrective steps, rectify discrepancies and submit the action taken report (ATR) to Sebi within 30 days

Vedanta Resources prioritising private credit facility, says S&P Global

Analysts with S&P on the call noted that the liability management exercise is not as straightforward as seen in this region or globally

CII youth wing to hold national summit in Chennai on December 21, 22

The 20th edition of the summit will focus on youth leadership, nation building, and thought leadership-pillars that define Yi's commitment to shaping India's future

MSC arm acquires 49% in Adani Ennore Container Terminal for Rs 247 cr

After the completion of the transaction, APSEZ would hold a 51 per cent stake in AECTPL