Mahindra & Mahindra shares dropped 2% after it announced its subsidiaries will raise up to Rs 4,500 crore through rights issues. MMFSL aims to raise Rs 3,000 crore, while MLDL targets Rs 1,500 crore, with M&M fully subscribing to its rights entitlement.
Goldman Sachs acquired approximately 11 lakh shares of TD Power Systems in a block deal valued at Rs 50.30 crore, purchasing them at Rs 460
IndusInd International’s Ashok Hinduja backed the bank’s leadership after suspected internal fraud surfaced. He praised swift corrective action, regulatory compliance, and reaffirmed IIHL’s financial support.
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