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Jaiprakash Associates share prices jump 12% on Adani deal reports

The Adani group, currently operating at a capacity of 70 million tonnes per annum, aims to double this figure to 140 million tonnes within the next five years

Hudco's Rs 1,100 cr offer of share sale 95% covered, stock closed at Rs 80

The share sale received bids for about 133.6 million shares from institutional investors against a total of 140 million on offer

Glenmark Pharma launches triple-combination drug for Type 2 Diabetes

Medication will be sold under the brand name Zita DM, will be priced at Rs 14 per tablet

Diagnostic services firm Manipal HealthMap acquires Medcis Pathlabs

Company buys remaining stake in peer after first deal in 2022 gave it 84%

Govt may divest 7% stake in Hudco, Torrent Pharma's promoters get exemption

Sebi has granted open offer exem­ption to the promoters of Torrent Pharma and Torrent Power

Centre grants 30-day non-productivity linked bonus to employees for FY23

Finance ministry sets monthly emolument ceiling at Rs 7,000 for ad-hoc bonus calculation

Motor Vehicles Act: DFS asks pvt insurance companies for compliance drive

The insurance companies were asked to encourage adoption of property/parametric covers to mitigate financial losses due to natural catastrophes

Table Space to invest Rs 500 crore in 'TS Suites' over the next 18 months

TS Suites are pre-built offices on short and mid-term contracts, which are made available in under 24 hours

Shares of NSE valued at Rs 1,860 crore changed hands in September

Stock price largely unchanged over the past one year

Midcap IT services company Mphasis appoints Ayaskant Sarangi as CHRO

Before joining Mphasis, Sarangi served as CHRO at Wipro Enterprises, where he led human resources functions

More entities get RBI's in-principle nod to operate as payment aggregator

65 entities application returned so far

Karur Vysya Bank net profit surges 51% to Rs 378 cr in quarter ending Sept

Total advances were Rs 70,448 crore, marking a 15.32 per cent growth from Rs 61,086 crore in the previous year

InGovern Research Services writes to Sebi over TD Power IPO disclosures

Proxy firm says regulator should probe omissions of material facts and misstatements in 2011 IPO prospectus

SBI Contra Fund: When turbocharging capital creation against the wind

The fund's month-end assets under management increased to Rs 14,649 crore in August 2023 from Rs 1,339 crore in August 2020

Adani Group's greenfield copper facility to start operations from March

Group has invested $1.1 bn in greenfield refinery in Mundra

Tata Motors sells 9.9% stake in IPO-bound Tata Tech for Rs 1,613 crore

TPG Rise Climate is the lead investor for this transaction. TTL is a global engineering services company offering product development and digital solutions to global original equipment manufacturers

Ashok Leyland bags order for 1,666 new buses from Tamil Nadu STUs

Ashok Leyland is the fourth-largest manufacturer of buses in the world and India's largest bus manufacturer

Mphasis acquires Salesforce service partner Silverline for over $132 mn

Mphasis says the deal is part of its plan to prepare for future applied technology and predict trends

Q2 results: Anand Rathi Wealth's profit up 34%, HDFC AMC profit rises 20%

HDFC AMC Q2 profit up 20% at Rs 437 crore

IT stocks drag markets lower; Sensex ends 65 pts lower, Nifty falls 17 pts

Infosys, TCS, HCL Technologies and Tech Mahindra were the biggest drag on the market performance