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It’s not clear if 10X AD will lead an investor consortium of family offices and ultra-high-net-worth individuals in Abu Dhabi or go it alone and invest $150-200 million

The Nifty futures on the Singapore Exchange were up by 0.14%, indicating a positive start to domestic equities. HCL Tech, Tata Communications, ICICI Securities, Adani Ports, ICICI Pru Life, Cyient, Laxmi Organic Industries, Equitas Small Finance Bank, UltraTech Cement, NBCC, Bank Of Maharashtra, and Mastek were among the stocks that will be in focus for various reasons.

At the upper end of the price band, the fourth largest pharmaceutical company in terms of domestic sales will be valued at ₹43,264 crore. The four-crore share IPO will be entirely an offer-for-sale (OFS) where existing shareholders will offload a portion of their stakes.

The sale is likely in the first quarter through a QIP (qualified institutional placement), managing director AS Rajeev told ET. "We were planning to raise QIP in the fourth quarter of FY23 but delayed it when the market turned volatile following the bank failures in the US. As the market appears to have steadied now, we have decided to renew the plan," Rajeev said.

Both sides discussed effective regulation of ESG rating providers. They explored the scope to leverage asset management industries in favour of deeper cross border trade and investment.

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The stock closed at ₹1,077 on the NSE, down 4.75% from the previous close. More than 3.3 million shares exchanged hands on the BSE and NSE, over six times its combined average daily volume.

The company said it shifted a wider launch of a plan to crack down on unsanctioned password sharing into the second quarter to make improvements, delaying some financial benefits, but said it was pleased with results so far.

Prices got a lift from an industry report showing that U.S. crude stocks fell by about 2.68 million barrels in the week ended April 14, according to market sources citing American Petroleum Institute figures on Tuesday.

For instance, the FPI holding in construction firm NCC has increased from 8.89% in March 2022 to 19.96% in March 2023. According to Bloomberg analyst consensus estimates, the stock can yield nearly 15% in a year.