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Home-grown FMCG firm Dabur on Friday said it has received an observation letter with “no adverse observations” from the BSE over its Scheme of Amalgamation of Sesa Care.
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Wall Street’s main indexes had a subdued open on Friday as investors avoided large bets and awaited a long-delayed key inflation report that could shape the Federal Reserve’s policy path.
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Markets regulator Sebi has granted in-principle approval to the registration of ‘Raajmarg Infra Investment Trust’ (RIIT) as an Infrastructure Investment Trust (InvIT) and will get the final nod after it meets specific requirements during the next six months, an official statement said on Friday.
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Tenneco Clean Air India reported a 10% YoY profit rise to ₹150 crore and nearly 10% revenue growth in its first post-listing quarter. EBITDA margins stayed strong, while a ₹9,840-crore lifetime order book boosted long-term visibility despite sequential profit moderation.
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Indian government bonds rallied on Friday after a policy interest rate cut and liquidity infusion measures, even as the 10-year benchmark note ended flat on profit taking and supply.
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