The shares will be offered by Novelis’ sole shareholder, a unit of Hindalco Industries Ltd. Novelis won’t receive proceeds from the shareholder’s share sale.

Over the last 30 sessions, Nvidia’s daily trading volume averaged around $30 billion, exceeding that of Elon Musk’s Tesla, which averaged $22 billion per day during the same period.

Sources familiar with the matter, who requested anonymity, revealed that SEBI’s probe into the Zee founders uncovered potential diversion of around 20 billion rupees ($241 million) from the company. This amount is approximately ten times higher than SEBI’s initial estimate, according to the sources.

The Japanese brand has teamed up with TVS VMS, a major multi-brand dealer in India.

Vibhor Steel Tubes IPO received overwhelming demand, oversubscribed 320 times. The current grey market premium stands at Rs 140, suggesting a listing gain of over 90% from the issue price of Rs 151.

The market capitalization of India’s largest business conglomerate, at $365 billion or about ₹30.3 lakh crore, surpasses the estimated GDP of Pakistan by the International Monetary Fund (IMF), which is approximately $341 billion.

The Life Insurance Corporation (LIC) has received more than Rs 21,740 crore in refunds from the income-tax department, with an extra Rs 3,700 crore still awaited. These reimbursements, stemming from tax disputes regarding surplus utilization and interim bonuses, will strengthen LIC’s financial standing.

Adani Realty chosen as top bidder for Bandra Reclamation redevelopment, proposing 22.79% revenue share to MSRDC, surpassing Larsen and Toubro. Approval pending.

The RBI has extended the deadline until March 15 for Paytm Payments Bank to cease operations and for account holders to transfer their funds to alternative banks.

The valuation of the AI startup tripled in under 10 months.