Tenneco Clean Air India is set to raise ₹3,600 crore via an offer for sale, reducing its promoter stake to 74.8%. The auto components firm, a subsidiary of US-based Tenneco Inc., leads in clean air solutions and shock absorbers.
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.
Seven BSE 150 MidCap stocks scaled fresh 52-week highs as Sensex surged 776 points in a broad-based rally. Lloyds Metals & Energy, Laurus Labs and
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