Cyient’s board authorised the sale of a 14.50% stake in its subsidiary, Cyient DLM Limited, via a block deal expected to complete by August 21. The company held a 66.66% stake in Cyient DLM.
Shares of FirstCry fell 4.5% after the GST department initiated an investigation at its Mumbai head office and Pune warehouse. The company assured normal operations,
The Indian rupee hit a record low against a surging US dollar as investors anticipate a boost to the American economy from Donald Trump’s policies.
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