News

Shares of Power Grid Corporation of India Ltd ended at ₹267.60, up by ₹0.50, or 0.19%, on the BSE.

Finance Minister Nirmala Sitharaman slams Tamil Nadu CM MK Stalin for removing the official rupee symbol ‘₹’ from the state Budget, calling it a dangerous mindset that undermines Indian unity and promotes secessionism.

Shares of Ceigall India Ltd ended at ₹243.50, down by ₹1.90, or 0.77%, on the BSE.

Shares of Tata Consultancy Services Ltd ended at ₹3,512.35, up by ₹8.75, or 0.25%, on the BSE.

Mumbai Police are investigating the New India Co-op Bank scam and will seek information from the RBI about the auditing process. The fraud involved the illegal withdrawal of Rs 122 crore by the bank’s general manager.

The company did not disclose the total issue size, but they said the pegged IPO size is ₹15,000 crore.

Experts call Oilfields Act amendments a “welcome step” for ease of business, with Deloitte’s Sanjay Sah highlighting investor clarity. ONGC’s RS Sharma says more reforms are needed to boost exploration.

Shares of Indusind Bank Ltd ended at ₹672.10, down by ₹12.60, or 1.84%, on the BSE.

Shares of Brigade Enterprises Limited ended at ₹948.45, down by ₹26.65, or 2.73%, on the BSE.

Cement is already suffering high incidence of taxes and duties. Ramco Cements said the imposition of new tax would adversely affect the cement industry in Tamil Nadu and make cement costlier at the hands of the end user.