Marico's latest transaction leaves just 14.09% of Satiya Nutraceuticals with its founders and other shareholders, with the remaining stake scheduled for acquisition in July 2027, subject to the terms of the definitive agreements.
Corporate
Marico Acquires 24% Stake In Satiya Nutraceuticals For Rs 1,012 Crore
Tata Sons Board Row: Noel Tata Seeks Video, Minutes And Clarity On N Chandra Vote MeetNoel Tata, Chairman of Tata Trusts, questioned the legality of N Chandrasekaran's reappointment as Tata Sons chairman, citing procedural concerns from the September 17 board meeting.
September Auto Sales: Who Sold The Most Vehicles? Tata Motors, Eicher, Bajaj, Maruti To M&M, Here's The ListIndian auto makers show mixed September sales; passenger and commercial vehicles grow, tractor sales decline amid weak rural demand. Exports remain strong for several manufacturers.
September Auto Sales Updates: Hero MotoCorp Exports Fall 31%; TVS Motors Total Sales Rises 24%September auto sales data will be released today, highlighting demand trends in passenger vehicles, two-wheelers, commercial vehicles, and tractors during the festive season.
Kotak Mahindra Bank's Choice Of Saha As CEO Positive, Valuations Attractive: Parag ThakkarAnup Kumar Saha's experience at ICICI Bank and Bajaj Finance is expected to boost Kotak's retail and digital banking growth, says Parag Thakkar.
Rs 200 Crore Of Rs 250 Crore QIP For Andhra Plant, Says Interarch CEO Manish GargSpeaking to NDTV Profit, Garg said the company is currently in the midst of raising Rs 250 crore through a qualified institutional placement (QIP), with the Andhra Pradesh plant being the primary focus of the capital deployment.
Royal Enfield Sales Hit Record High In September 2026, Up 8% YoY — Key Details InsideRoyal Enfield sold 1,33,958 motorcycles in September 2026, marking an 8% year-on-year (YoY) growth and its highest-ever monthly sales.
Railway Stocks Fall: IRCON, RailTel, IRCTC, RVNL Tank Up To 6% — Here's WhyAmong individual railway stocks, IRCON International tumbled 6.23% to hit an intraday low of Rs 109.75. RailTel slipped 3.37% to an intraday low of Rs 257.30, while Titagarh Rail declined 1.91% to Rs 803 per share.
Persistent Systems: 37% Upside? Why Axis Capital Hikes Target To Rs 7,210, Retains 'Buy'According to Axis Capital, the increase in Persistent's Nagarro stake to 83.25% following the open offer removes a major potential overhang for the stock.
CAFE-III Norms: Citi Favours Maruti Suzuki, M&M, Hyundai; BofA Sees Tata Motors Best PlacedCiti sees the new framework as more stringent than the earlier CAFE-I and CAFE-II regimes, but believes the clarity around the final rules is a positive for the sector.
Smartworks Plans Rs 600 Crore Annual Expansion As Contracted Revenue Nears Rs 6,000 CroreSmartworks plans to invest Rs 550-600 crore annually over the next three years to add about 3 million sq ft of managed office space each year, targeting over 20 million sq ft total.
Tata Trusts Rift: Venu Srinivasan Alleges 'Power Grab', Wants Board Changes FrozenVenu Srinivasan has alleged in a letter to Charity Commissioner that Circular Resolution 107 was meant to stop him voting on Tata Sons listing.