Manasi Tata, daughter of Vikram Kirloskar, has been appointed as the new vice chairperson of Toyota Kirloskar Motor with immediate effect.
She will also take over as the vice chairperson of Toyota Kirloskar Auto Parts.
In December, Kirloskar Systems appointed Tata as director on the boards of its joint ventures.
The move comes less than two months after the death of Vikram Kirloskar on Nov. 29.
Manasi Tata is married to Neville Tata, son of Trent Chairman Noel Tata.
Source: Company statement
The broader market indices were mixed; S&P BSE MidCap was down 0.08%, whereas S&P BSE SmallCap was higher at 0.04%.
Fourteen out of the 20 sectors compiled by BSE declined, while six advanced in trade.
The market breadth was skewed in favour of the bears. About 1,588 rose, 1,718 declined, 163 remained unchanged on the BSE.
RP Tech, a distributor for JBL, Nvidia, Dell and Fitbit among others, has filed for a Rs 750 crore IPO.
Offer to be a pure fresh issue of shares.
Source: DRHP
PhonePe has raised $350 million (Rs 2,845 crore) in a round led by General Atlantic.
Funding comes at a valuation of $12 billion pre-money.
Funding part of the first tranche of $1 billion fundraising in 2023.
Source: Press release
Adani Enterprises Sets FPO Floor Price At Rs 3,112 Per Share, Offers Rs 64 Discount
The broader market indices were trading lower; S&P BSE MidCap was down 0.36%, whereas S&P BSE SmallCap was lower at 0.27%.
All the 19 sectors compiled by BSE declined.
The market breadth was skewed in favour of the bears. About 1,217 rose, 1,383 declined, 126 remained unchanged on the BSE.
The yield on the 10-year bond opened lower by 2 bps at 7.30% on Thursday. It ended at 7.32% on Wednesday.
Source: Bloomberg
The local currency weakened by 12 paise to 81.37 at open on Thursday. It closed at 81.25 on Wednesday.
Source: Bloomberg
JSW Renew Energy Five, a subsidiary of, JSW Energy has received order for 500MW standalone battery storage system from Solar Energy Corporation of India.
Company will receive a fixed capacity charge of Rs 10.8 lakhs per mega-watt per month for twelve years.
40% of the project capacity is to be managed by JSW Energy.
Source: Exchange filing
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