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GMR Airport Ltd is the holding company of Delhi International Airport and GMR Hyderabad International Airport. Groupe Aeroport de Paris (Groupe ADP), a major international airport operator, has a 49% stake in GAL.

The IPO was a mix of a fresh issue of shares aggregating to ₹455 crore and an offer for sale of up to ₹300 crore. On Tuesday, the company raised ₹226 crore from anchor investors ahead of its public issue by allotting 68.41 lakhs shares to institutions.

Adani brought back former Ambuja Cement CEO and managing director Ajay Kapur to lead the company in the same role, taking over from Neeraj Akhoury. Meanwhile, Sridhar Balakrishnan will continue to lead ACC but with a changed designation of whole-time director and CEO (from managing director and CEO.) Vinod Bahety has taken over as the chief financial officer of both companies.

The meeting of the Merger and Placement Committee of the board of directors approved the closure of the issue period for the issue on September 15, it said in a regulatory filing. Shares of Ujjivan SFB settled 0.59 per cent down at Rs 25.25 apiece on the BSE.

SBI, the country’s biggest mass lender, plans to raise Rs 4,000 crore in 15-year papers with a 10-year call option that allows early exit for investors should the lender exercise the option. The bonds, rather rare because of their long tenures, would be sold through auctions early next week.

SBI paid Rs 67.84 crore for the acquisition of 13.42 per cent stake in SBI Global Factors Ltd (SBIGFL), it said.

Redington India recently announced its collaboration with Google Cloud, where it will drive the distribution and adoption of Google Workspace and Google Cloud with SMBs, education and public sector, mid-market, and enterprise segments.

The short term trend of Nifty seems to have reversed down. The formation of bearish candlestick patterns on the daily and weekly chart indicates more weakness ahead for the market. The next lower levels to be watched are around 17,200-17,150 in the next couple of weeks. Any upside from here could find resistance around 17,700 levels.

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Nifty Bank formed a small-bodied Bearish candle on the daily scale and an inverted hammer on the weekly frame. Now, till it holds below 41,000 zones, weakness could be seen towards 40,500 and 40,250 zones, whereas resistance is at 41,250 and 41,500 zones.