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Dabur held 76% in the firm before acquisition of the remaining 24% held by Advanced Chemical Industries through Dabur International. The company has acquired 24% for Rs 60 crore Bangladeshi taka which, according to the present exchange rate, comes to around ₹51 crore.

Overnight U.S. data showed rising costs of fuel, food and rent drove the consumer price index (CPI) up 9.1% last month, leading to worries that the Fed could raise rates by an enormous 100 basis points at its meeting next month rather than the 75 that had been expected.

Stocks that were in focus include MindTree, which rose more than 1 per cent ahead of its June quarter results, KEC International closed with gains of nearly 10 per cent, and Dr Reddy’s Laboratories recorded a breakout from a falling channel on Wednesday.

Shares of Radhe Developers will also go ex-split today. The company had announced the splitting of shares into face value of Re 1 from the face value of Rs 10. Raymond and Surya India will hold their annual general meetings (AGM) today.

As per data available with industry body Society of Indian Automobile Manufacturers (SIAM) as many as 275,788 passenger vehicles were sold last month, which is an increase of 19% over 231,633 units sold in the corresponding period of the last financial year. The growth in the industry would have been higher at about 26% if we were to include the sales of Tata Motors, which has stopped reporting data on a monthly basis to SIAM.

Founded in 2019, FPL Technologies operates digital credit score platform, OneScore, and has a total of 10 million registered users utilising the solution. Its key offering includes physical and virtual credit card, OneCard, which it issues in partnership with banks.

Infosys on Wednesday said it will acquire Denmark-based BASE life science for about 110 million euros (Rs 875 crore) in an all-cash deal.

The govt will likely introduce a bill in the upcoming monsoon session of parliament to make amendments to facilitate privatisation of state-run banks.

While footfalls remained below the pre-Covid levels in the June quarter, price increases and bigger purchase sizes boosted sales of marketers, analysts and retailers said.

Cos have reduced fresh hiring by more than half in Q1 as demand starts to level off. Terming this downtrend as normalisation of talent acquisition rather than a slowdown in hiring, analysts and company executives pointed out that demand for skilled talent is expected to remain strong..