BSE Sensex and NSE Nifty 50 were trading flat to positive on Friday, after RBI MPC raised repo rate by 50 bps. Stocks of index heavyweights such as ICICI Bank, Infosys, State Bank of India, Bharti Airtel, and UltraTech Cement, among others helped the indices to stay in green. So far in the day, BSE …
The Adani Group is likely to launch next week an open offer worth Rs 31,000 crore to acquire 26 per cent stake each in Swiss firm Holcim’s two Indian listed entities Ambuja Cements and ACC, from public shareholders. In May this year, the Adani Group announced that it has clinched a deal to acquire a …