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JPMorgan said LIC is trading at 0.75 times FY23 price to embedded value on FY23 earnings basis after a post-IPO correction that saw erosion of ₹1.9-lakh-crore market cap.

Adani Power completed the acquisition of 100 per cent equities in SPPL and EREPL for about Rs 609 crore. On June 7, 2022, Adani Power had signed a share-purchase agreements to acquire 100 per cent equity shares of two companies.

Today is the record date for Baid Leasing and Finance Company to ascertain the eligibility of shareholders entitled to issue bonus shares of the company in the proportion of 1:1.

The regulator said Reliance Industries had the obligation to have enveloped the unpublished price-sensitive information (UPSI), however, having come to know about the selective availability of the information it was incumbent upon the company to provide due clarification on its own.

"The present public shareholding in the bank is 18.59 per cent and the bank has to increase this to 25 per cent or above in order to comply with the minimum public shareholding requirements...Hence, the bank proposes to issue fresh equity capital to increase the public shareholding to 25 per cent or above," BoI said in a regulatory filing.

The Reserve Bank of India, on behalf of the government, issues gold bold to the investors, who fall into the categories of retailers, HUFs, trusts, universities and charitable institutions.

"Falling crude oil coupled with an expectation of recession-like situation in the medium term had pulled long term rates lower," said Naveen Singh, head of trading at ICICI Securities PD.

BSE data shows that Morgan Stanley Investment Funds Emerging Leaders Equity Fund sold 13,14,055 shares of Happiest Minds at Rs 800 per share. On the other hand, Plutus Wealth Management bought 19,39,325 shares at Rs 800.02 apiece.

Mutual fund body AMFI is likely to announce the official list of the semi-annual review for the second half of 2022. Prior to this, various brokerage firms and analysts have launched their initial expectations for the same.

The rupee appreciated by 7 paise to settle at 77.98 (provisional) against the US dollar on Monday as crude oil prices retreated from elevated levels.