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Apple is the biggest component of the Nasdaq 100, comprising nearly 12% of the index weight. The stock has risen about 1% in July and is poised to close out a seventh straight positive month.

The issue, which will close on August 8, is entirely an offer-for-sale, where the existing shareholder Helix Investments Holdings will sell up to 20.92 million equity shares, the company said.

The price band to bid in the IPO is set between ₹54 to ₹57 per share, which at the upper band will value the company at nearly ₹6,400 crore. Bids will be open between August 3 and August 7.

Company performance allays fears of the execution risk of consistent compounding, competition, and ability to maintain margins

The bank on Monday sold the 15-year infrastructure bonds at a coupon of 7.54%, representing an aggressive spread over the comparable government security curve of such a tenure, the bank said in a release.

India last July imposed the windfall tax on crude oil producers and extended the levy on exports of gasoline, diesel and aviation fuel after private refiners wanted to make gains from robust refining margins in overseas markets, instead of selling at home.

Companies are struggling to prepare themselves for the new regulations, some of which are in place while others will take effect in the next few months, executives said. The new rules include confirmation or denial of market rumours, disclosing business contracts to family settlements, matters concerning senior employees, new environmental, social and governance regulations, communicating actions taken by any authorities, the companies say.

Shareholders, who are represented on board, have committed to subscribe 184 million pounds, of which 115 million pounds worth of shares will be bought by Yew Tree Overseas, Public Investment Fund, Geely International (Hong Kong) and Mercedes-Benz AG.

The deal, worth up to $142 million, includes delivery of vertical takeoff and landing (eVTOL) aircraft, pilot training, development of maintenance and repair operations, and share data such as additional flight test and certification-related test reports.

Sector-wise, only FMCG and healthcare indices ended in the red, while all other indices saw gains, with the metal pack topping the list