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I think the cement sector itself one should be underweight on. There are only two levers, your volume grows up or your prices go up. Volumes are not growing as much as people would expect given the kind of capacity that is coming up. So with that capacity you will automatically have to reduce or not be able to increase prices as much.

The government on Wednesday imposed restrictions on imports of certain gold jewellery and articles. In a notification, the directorate general of foreign trade (DGFT) amended the import policy for unstudded jewellery made of gold, and other articles made of gold to “restricted” from “free”.

In the first auction on December 21, Torrent Investments made the highest offer of Rs 8,640 crore, while the Hinduja Group entity offered Rs 8,110 crore. However, within 24 hours, the Hinduja entity gave a revised, improved offer of Rs 9,000 crore, a development contested by Torrent.

The deal that the firm had cut with many wealthy individuals, including professionals, real estate players, and a few farmers in the region to raise money has backfired amid a fall in the price of labgrown diamonds. The outstanding dues would be in the region of Rs 500 crore, three persons in the diamond market told ET.

In its notified rules, the capital market regulator Securities and Exchange Board of India (Sebi) has said that agreements that subsist as of the date of notification are to be disclosed to the stock exchanges. It was earlier understood that only prospective agreements must be disclosed, not retrospective.

The decision is expected to impact gaming volumes besides slowing down future foreign investment and the viability of gaming companies - especially in the start-up space - that have recorded impressive growth in recent times, said analysts. The 28% levy is the highest standard rate and typically covers most luxury items.

​​In the auto and auto ancillary sector, analysts estimate that the execution of strong order books and increasing electric vehicle penetration have kept investors’ interest intact in select stocks.

"There is near-term softness because of uncertainty," said K Krithivasan at his first earnings call as managing director and chief executive of TCS. "Some of the low-return on investment (RoI) and non-critical investments are getting paused, deferred or re-prioritised."

Talks are at an early stage, and Arm is not looking to sign any other commercial agreements beyond a financial infusion from investors, sources says. SoftBank had been planning to sell Arm to US chip designer Nvidia in a deal worth up to $80 billion, but that fell through last year due to objections from U.S. and European antitrust regulators. It has been targeting an IPO for the unit since then

The board has recommended an interim dividend of R 10 a share. The company has fixed the record date as July 20 for the dividend payment.