ThinkStock PhotosThe NSE Nifty index traded 90.95 points up at 18155.95, while BSE Sensex was up 306.66 points at 61419.1 as of 11:06AM(IST)on May 02.
In the Nifty index, Tech Mahindra Ltd.(up 3.74 per cent), Oil And Natural Gas Corporation Ltd.(up 3.18 per cent), UPL Ltd.(up 2.43 per cent), Hindalco Industries Ltd.(up 2.18 per cent) and JSW Steel Ltd.(up 1.98 per cent) were among the top gainers.
On the other hand, Hero MotoCorp Ltd.(down 2.60 per cent), Kotak Mahindra Bank Ltd.(down 1.45 per cent), UltraTech Cement Ltd.(down 1.40 per cent), Tata Motors Ltd.(down 1.36 per cent) and Adani Ports & Special Economic Zone Ltd.(down 0.86 per cent) were among the top losers.
Tuesday, 02 May, 2023- Front Page
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- Care Hospitals Buyout: Max Healthcare Sues TPG
The takeover battle for Care Hospitals has landed up in the Bombay High Court with Max Healthcare Institute filing a suit against private equity firm TPG after the Care owner spurned Max’s bid in favour of an offer by Blackstone, the world’s largest PE fund, that was about 15-20% higher, said people with knowledge of the matter.
GST Collections Hit Monthly High of ₹1.87 L cr in AprilIndia’s goods and services tax (GST) collections in April rose 12% from the year earlier to an all-time monthly high of ₹1.87 lakh crore, kicking off the new financial year on a buoyant note.
Brookfield Picks up 51% in Realty JV with BhartiCanada’s Brookfield Asset Management has acquired a 51% controlling stake in Rostrum Realty Pvt Ltd, a real estate joint venture company in which Sunil Mittal-led Bharti Enterprises will hold the remaining 49%.
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