Oct 1, 2021
By: Rounak Jain
Credit: BCCL
The company’s shares will be listed on the stock exchanges today, after the IPO was subscribed by over 304 times. The issue price is fixed at ₹175 per share.
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It expects the total production of cars across its Haryana and Gujarat units to fall by 40 percent in October due to the ongoing semiconductor chip shortage.
Credit: BCCL
The Department of Telecommunications has issued notices to both the companies to pay ₹3,050 crore in penalties within three weeks.
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The penalty is for violating licence conditions by denying Reliance Jio adequate points of interconnection in 2016, leading to calls not going through or dropping off.
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Its subsidiary has completed the acquisition of Vento Energy Infra from Essel Green Energy.
Credit: Adani Green Energy
Aditya Birla Sun Life AMC IPO subscribed 1.07 times on Day 2.
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To indirectly increase its stake in DP Eurasia to 49.99 percent. DP Eurasia is the exclusive master franchise of Domino’s Pizza in Turkey, Russia, Azerbaijan and Georgia.
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Issued and allotted bonds amounting to ₹1,800 crore on a private placement basis, at a coupon rate of 7.14 percent per annum.
Credit: BCCL
Its board has approved the allotment of secured non-convertible debentures worth ₹350 crore on a private placement basis to IDBI Bank, at 9.55 percent per annum.
Credit: IRB Infrastructure Developers