What occurred within the Indian inventory market within the final 24 hours:
1. Adani Enterprises made a giant announcement of their BSE submitting.
They revealed that they’ve merged two of their subsidiaries, Adani Infrastructure Non-public Restricted and Mundra Photo voltaic Expertise Restricted, with Adani New Industries Restricted.
2. ITC Infotech has acquired Blazeclan Applied sciences for Rs 485 crore.
In 2023-24, Blazeclan had a turnover of Rs 294.57 crore. The corporate is a worldwide chief in cloud transformation options.
It additionally focuses on cloud migration, digital companies, digital cloud consulting, and knowledge analytics.
3. Adani Enterprises is making ready to boost funds subsequent week.
In line with Mint, this fundraiser could start on October 7, the place the corporate plans to boost $1.3 billion by means of a QIP.
4. Mahindra & Mahindra has revealed their gross sales numbers for the month of September.
The corporate reported that their SUV home gross sales surged by 24%, reaching 51,062 items in September, in comparison with 41,267 items final yr.
Total gross sales, together with business automobiles and three-wheelers, rose by 16%, reaching 87,839 items.
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