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The asset is being monetised through a price-discovery mechanism and there was no reserve price set for the property spread over 10 floors. However, the IL&FS board had estimated the property might fetch around Rs 1,200 crore.

Accepting the Directorate of Revenue Intelligence (DRI) plea to hear the cases against Adani group firms on a case-to-case basis, a Customs, Excise & Service Tax Appellate Tribunal (CESTAT) on Monday commenced its hearing on the appeal filed by the department against the relief granted to two of the Adani group companies by an order quashing over-invoicing allegations against the firms.

“As we record our highest sequential growth in a decade, we remain committed to delivering long-term sustainable and profitable growth for the company,” Chief Executive Officer CP Gurnani said.

Consolidated revenue for the fiscal first quarter stood at Rs. 6,877 crore, up 8 per cent on-year and consolidated earnings before interest tax depreciation and amortization (EBITDA) increased 17 per cent to Rs 3,641 crore.

The bank said as many as 16 allottees have been issued the non-convertible, perpetual, taxable, subordinated bonds bearing a coupon of 8.40 per cent, it said.

The credit card giant said it would offer these services in partnership with Bakkt Holdings Inc, the digital assets platform founded by NYSE-owner Intercontinental Exchange.

Tesla Inc on Monday breached a trillion dollars in market capitalization, the fifth U.S. company to join the club.

The company reported a consolidated profit of Rs 42 crore during the period under consideration, 77 per cent lower than last year.

The rating, according to Sharekhan, will allow investors to understand how the companies in their portfolios are managing their environmental, social, and governance – or ESG – risks relative to their peers.

Axis Securities expects the bank to log a net profit of Rs 1,993 crore, down 8.8 per cent over Rs 2,184 crore in the year-ago quarter. It sees NII rising 2.7 per cent YoY to Rs 4,020 crore from Rs 3,913 crore YoY.