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The spun-off business or entity, which is the newly listed entity, shall be removed from the index after the end of the day on the third day of its listing, said NSE in a circular.

The board has recommended a dividend of Rs 30 per share for the financial year ending March. The net interest income (NII) for the reporting period surged 28% to Rs 7,771 crore from Rs 6,061 crore in the year-ago period.

The Dow Jones Industrial Average rose 65.51 points, or 0.20%, at the open to 33,596.34. The S&P 500 opened higher by 16.15 points, or 0.40%, at 4,087.78.

APSEZ floated a tender to buy back as much as USD 130 million of its July 2024 bonds and similar amounts in each of the next four quarters, it had said in an exchange filing, as it looks to regain investor confidence by showing that its liquidity position is comfortable.

The Nifty 50 closed 0.25% higher to 17,813.60, while the S&P BSE Sensex gained 0.28%. Both benchmarks had fallen more than 0.3% during the session.

In the overseas market, gold and silver were trading higher at USD 1,997.8 per ounce and USD 24.95 per ounce, respectively.

The Nifty IT index closed 0.29 per cent up at 27065.0.

The fledgling online consumer base with more purchasing power fostered the growth of the online food delivery market. According to Motilal Oswal, the market is expected to clock a 19% CAGR over FY23-25 fueled by growth in no. of transacting users & order frequency.

KPIT Technologies has recommended a final dividend of Rs 2.65 per equity share, worth 26% of face value, for the financial year ending March 2023. The company reported revenue growth of 42% year-on-year in dollars, and 8.5% on constant currency basis for the March quarter, while its net profit stood at Rs 112 crore, recording an increase of 60% YoY. KPIT forecasts its growth for fiscal 2023-24 to be between 27% to 30% in CC revenue while estimating its EBITDA margin at 19% to 20%. Shares of KPIT Tech traded almost 5% higher at Rs 892 on Wednesday.

​The board has recommended a final dividend of Rs 1.90 per equity share of face value Rs 10 each for the financial year 2022‐2