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Sintex Industries Ltd, which is undergoing a corporate insolvency and resolution process, had received 16 expressions of interest including bids from foreign fund CarVal Investors and Varde Capital-backed Aditya Birla Asset Reconstruction Company.

Elon ​Musk’s net worth rose by $24 billion to $335.1 billion Monday as the electric automaker’s shares jumped 8.5% in New York.

The plant will have a capacity to produce 120 kilotonnes per annum of MAH that is used to make specialty products like polyester resins and surface coatings plasticisers, agrochemicals and lubricant additives.

Bharti Airtel, Sun Pharma, Dabur, Godrej Properties, Hindustan Petroleum, Jindal Steel, Trent, Union Bank of India, Bank of India and Radico Khaitan are among the companies that will announce their September quarter results today.

Five of the seven state-owned banks that have announced their quarterly earnings so far have reported lower NIM for the September quarter. These banks, however, managed to report a rise in net profit largely on account of bad loan recovery and write-back of provision made in earlier quarters.

The company said it has seen improved traction during the festivities and expects a much better second half of the year.

Revenue from operations declined by 1.19 per cent to Rs 1,365.1 crore, compared to Rs 1,381.6 crore in the same quarter of the previous fiscal.

Prasad Reddy Sabbella, a promoter entity of Sharat Industries, today sold 500,100 shares of the company at Rs. 45 apiece through a bulk deal on the BSE.

The total income of the company rose to Rs 740.09 crore in the quarter from Rs 458.90 crore a year ago.

The IPO comprises fresh issue of equity shares worth Rs 474 crore and an offer of sale of equity shares to the tune of Rs 126 crore by a promoter and existing shareholders.