Tata Group officially takes over Air India from the government
In October last year, the government had sold Air India to Talace Private Limited- a subsidiary of the Tata group's holding company- for ₹18,000 crore.
In October last year, the government had sold Air India to Talace Private Limited- a subsidiary of the Tata group's holding company- for ₹18,000 crore.
The result was the second straight annual profit following years of losses. The fourth quarter was the sixth consecutive in the black, the bank's longest such streak since 2012.
Stocks of United Spirits were down by 5% to ₹837.05 per equity share against the previous close at ₹874.95 per share, in today’s early trade.
Stocks of Cosmo Films Ltd rose by 2% to ₹1,825.10 per equity share against the previous close at ₹1,798.85 per share, in today’s early trade.
Stocks of Finolex Ind down by 6% to ₹180.95 per equity share against the previous close at ₹193.40 per share, in today’s early trade.
According to the DRHP, the IPO offer will include a fresh issue of shares worth Rs 1,000 crore and an offer for sale worth Rs 1,000 crore.
Stocks of ICRA rose by 4% to ₹3,620.00 per equity share against the previous close at ₹3,460.40 per share, in today’s early trade.
Stocks of Network 18 rose by 5% to ₹81.90 per equity share against the previous close at ₹78.00 per share, in today’s early trade.
Stocks of Raymond Ltd rose by 2.87% to ₹803.15 per equity share against the previous close at ₹784.15 per share, in today’s early trade.
The company had filed its Draft Red Herring Prospectus (DRHP) with the Securities & Exchange Board of India (SEBI) in September last year and is aiming to raise Rs 8,430 crore, including a primary issuance of Rs 7,000 crore.
Stocks of Maruti Suzuki rose by 5% to ₹8490.00 per equity share against the previous close at ₹8052.30 per share, in today’s early trade.
Stocks of Bharti Airtel rose by 4% to ₹714.95 per equity share against the previous close at ₹689.90 per share, in today’s early trade.
Stocks of Federal Bank rose by 4% to ₹95.80 per equity share against the previous close at ₹92.00 per share, in today’s early trade.
Stocks of Lux Industries Ltd. fell by 12% to ₹2,813.70 per equity share against the previous close at ₹3,517.10 per share, in today’s early trade.
Stocks of Ramco Cements shares were down by 7% to ₹849.30 per equity share against the previous close at ₹896.90 per share, in today’s early trade.
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