Jubilant Life (Rs 407.49 crore) was leading the pack of most active stocks in value terms.
Among the 50 components in the Nifty index, 24 shares were trading in the green, while 26 were in the red.
In the Sensex kitty, 13 stocks were in the green and 18 were in the red.
In the Nifty pack, 19 stocks were trading in the green, while 31 stocks were in the red.
Bagchi, who quit as the chairman of Odisha Skill Development Authority last week to return to Mindtree.
Industry executives said that the company hopes to repeat the success of IVRCL a few years ago which avoided a hostile takeover by Essel Group.
The key reason for this shift is the inability to secure financial closure for existing HAM projects.
The founders — chairman Krishnakumar Natarajan (KK) and CEO Rostow Ravanan — said that they were certain that they had the support of large insti
Two other lenders Yes Bank and BOI AXA too may follow suit.
The market regulator also ordered Religare Enterprises’ arm Religare Finvest not to dispose assets.
The deal fulfils L&T’s long-cherished ambition for such an acquisition after its high profile, but unsuccessful attempt to acquire former scam-taint
Joint efforts will be made towards enhancing the level of awareness among financial creditors.