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On a consolidated basis, global steel major ArcelorMittal reported an EBITDA increase of 20 per cent to $6.1 billion (around Rs 45,402 crore) in the quarter, the highest since 2008.

Pre-sales for the quarter rose 54 per cent on quarter and 36 per cent on year to Rs 272 crore, while collections stood at Rs 207 crore, up 20 per cent and 47 per cent on quarter and on year, respectively.

In another transaction, promoters Rahul Gupta and APL Infrastructure offloaded 1.5 million and 3 million shares of APL Apollo, respectively, at Rs. 900 per share through two separate bulk deals on the NSE.

Total income of the company rose to Rs 3,165.59 crore in the second quarter of FY22 from Rs 3,086.03 crore in the same period a year ago.

Proceeds of the public issue will be utilised towards repayment or pre-payment, of loan, the retirement of acquisition consideration of Edureka, and growth initiatives.

Sebi has amended the rules to enable the introduction of silver ETFs, according to a notification issued on Tuesday.

According to shareholding data for September 2021 quarter, Gupta held a 1.2 per cent stake, while APL Infrastructure held a 32.43 per cent stake in the firm.

While the total revenue stood at Rs 20.6 crore in the quarter ending September (Q2, FY22), the net profit was marked at Rs 4.2 crore.

Consolidated operating revenue for the quarter was up 14.9 per cent to Rs 1978.8 crore, compared to Rs 1,722.7 crore in the corresponding quarter of the previous fiscal.

Tata Steel reported 54.8 per cent on-year rise in consolidated total revenue from operations to Rs. 60,282.8 crore for the reported quarter, which was sharply above Street’s expectations.