Tata Motors commercial vehicle arm (TMCV) will debut on exchanges on November 12, completing the automakers demerger into two listed entitiesone for CVs and another for PVs, EVs, and JLR. Analysts see strong value unlocking potential.
Clean Max Enviro Energy Solutions, Indias top C&I renewable energy provider, received Sebi approval for its 5,200 crore IPO, comprising 1,500 crore fresh issue and 3,700 crore OFS. Proceeds will mainly fund debt repayment, expansion, and corporate purposes.
Dialysis services leader Nephrocare Health Services, operating under NephroPlus, has received Sebis approval to launch its IPO, comprising a 353.4 crore fresh issue and 1.27 crore shares OFS. Proceeds will fund new dialysis centres, debt repayment, and corporate needs.
The pain Americans are facing at airports across the country is expected to get worse this week if Congress is unable to reach a deal to reopen the federal government.
The US has rejected India's claim that its 50% copper tariffs are WTO safeguard measures, stating no basis for India's proposed duty suspension on American goods. Washington asserts the tariffs, imposed August 1, are national security measures under Section 232, aiming to reduce foreign dependence on critical copper imports.
