Group holding company Tata Sons will offer shares of Tata Capital to Tata Motors. This will give India’s third-largest carmaker by volume a minority stake in Tata Capital.
Raymond shares rose nearly 4% after the company appointed former Bharat Electronics Chairman and Managing Director Bhanu Prakash Srivastava as CEO of its defence business.
Shares of Vedanta’s recently demerged entities traded mixed after their Q1 business updates. Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power fell
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