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Adani Enterprises Ltd.’s maiden bond issuance targeted at individual investors opens for subscription Wednesday as the conglomerate seeks to diversify its funding base following a brutal short seller attack last year. The flagship firm of Indian billionaire Gautam Adani’s group plans to raise as much as 8 billion rupees ($95.3 million) through the issuance where 60% of the amount is reserved for high networth and retail individuals, according to its prospectus. Another 30% is for non-institutional investors such as corporates, while the remaining 10% is for institutional buyers.

JM Financial | Previous close: ₹118.53 | Buying price: ₹118.53 | Target price: ₹125 | Stop loss: ₹114 D-Link (India) | Previous close: ₹661.75 | Buying price: ₹661.75 | Target price: ₹699 | Stop loss: ₹636 Garware Hi-Tech Films | Previous close: ₹3,521.55 | Buying price: ₹3,521.55 | Target price: ₹3,730 | Stop loss: ₹3,385 Bombay Burmah Trading Corporation | Previous close: ₹2,673.75 | Buying price: ₹2,673.75 | Target price: ₹2,815 | Stop loss: ₹2,580 Monarch Networth Capital | Previous close: ₹856.65 | Buying price: ₹856.65 | Target price: ₹905 | Stop loss: ₹825 Read all market-related news here Disclaimer: The views and recommendations above are those of individual analysts, experts, and brokerage firms, not Mint. We advise investors to consult certified experts before making any investment decisions.

Securities and Exchange Board of India (Sebi) officials made an unprecedented complaint to the finance ministry last month, accusing the capital and commodities market regulator's leadership of fostering a toxic work culture. «Shouting, scolding and public humiliation have become a norm in meetings,» said the August 6 letter, which ET has reviewed. The communication has come to light at a time when Sebi chairperson Madhabi Puri Buch is facing accusations of conflict of interest over the regulator's Adani inquiry and the Opposition has raised questions over compensation paid to her by former employer ICICI Bank. Zee Group founder Subhash Chandra accused her of corruption on Tuesday. Buch has denied any wrongdoing as has ICICI Bank. Sebi said matters with employees have been resolved. «The issues referred in your mail have already been addressed by Sebi,» the regulator said in an email.

Buy or sell stocks for today: Domestic equity benchmarks Nifty 50 and Sensex took a breather after days of relentless rally to settle flat in the previous session over profit-taking in metal, oil and information technology (IT) shares amid a lack of fresh triggers and weak global trends. Breaking its 10-day winning run, the 30-share BSE Sensex slipped 4.40 points or 0.01 per cent to settle at 82,555.44 in a range-bound trade. During the day, it dropped 159.08 points or 0.19 per cent to 82,400.76.

India’s G20 Sherpa Amitabh Kant said on Tuesday that the disparity in taxes India imposes on electric vehicles (EVs) and hybrids will “continue for a long time." The goal is to increase battery manufacturing and accelerate the electrification of transport. With India having set itself a target of net-zero carbon emissions by 2070, the country needs to decarbonize.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Apollo Global Management Inc. co-founder Josh Harris’ alternative asset manager 26North Partners LP has struck its first private equity deal.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Nirmala Sitharaman called on various ministries and departments to expedite capital spending and set quarterly targets. On Tuesday, Sitharaman chaired the first of a series of meetings lined up to review the productive spending, and the resultant asset creation, across infrastructure and other ministries. She held meetings with the ministries of road, transport and highways, and communication. She asked them to meet the targets well on time to make up for the decline, witnessed in the first and second quarters of this fiscal, in the third quarter itself, the finance ministry said in a statement.

The Bank of Canada is widely expected to cut its policy interest rate by 25 basis points on Wednesday and there are few indications that it will stop there, economists say.

bank data showed. The weighted average call rate (WACR) stood at 6.47% on Tuesday, as against 6.49% the previous day. The WACR is the operating target of the RBI's monetary policy and is supposed to be closely aligned to the central bank's repo rate. The repo rate is currently at 6.50%

Salvagers have abandoned an effort to tow away a burning oil tanker in the Red Sea targeted by Yemen’s Houthi rebels

₹48,000 crore to J.C. Flowers Asset Reconstruction Pvt. Ltd in December 2022 for ₹11,183 crore.

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Nifty formed an Inside Bar pattern on the daily chart as it ended Tuesday’s trading session on a flat note as the index traded within the high and low range of the previous trading session. The near-term uptrend status of Nifty remains intact. Present range-bound movement could eventually result in an upside breakout of the hurdle at 25,400 levels over the period of time. A decisive move above this hurdle is expected to pull Nifty towards the next upside target of 25,800. Immediate support is at 25,100 levels, Nagaraj Shetti of HDFC Securities said.

Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh on Tuesday accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs 1,44,716 crore. «Of the total cost of AoNs, 99% is from indigenous sources under Buy (Indian) and Buy (lndian-Indigenously Designed Developed and Manufactured) categories,» said the official statement, For modernisation of the tank fleet of the Indian Army, the proposal for procurement of Future Ready Combat Vehicles (FRCVs) has been cleared. The FRCV will be a futuristic Main Battle Tank with superior mobility, all terrain ability, multilayered protections, precision & lethal fires over and real-time situational awareness.

Rawalpindi Cricket Stadium, thanks to the rain Gods here for not pouring down. The Tigers chased down a target of 185 in the second innings on the fifth day of the second test to clean sweep the series 2-0. At lunch on the fifth day of the second Test in Rawalpindi, Bangladesh reached 122-2, needing just 63 more runs for victory.

Bharatiya Janata Party aims to enrol 2 crore primary members in Gujarat, the home state of Prime Minister Narendra Modi and Union Home Minister Amit Shah, a senior leader said on Tuesday. Gujarat Chief Minister Bhupendra Patel and state BJP president CR Paatil renewed their party membership at an event in Ahmedabad as part of the party's nationwide membership drive. The Gujarat BJP unit launched an enrollment drive, a day after PM Modi asked BJP members in Delhi to expand the party during the membership program in a way that a maximum number of its women candidates are elected to Lok Sabha and assemblies when 33 per cent reservation for women in legislatures comes into force. Paatil, also the union Jal Shakti minister, stressed that the Central leadership had not set any specific target for Gujarat. «However, the state unit will aim to enrol at least 2 crore members and secure top position among other states».

Raymond shares surged 9% to hit a high of Rs 2,182 on the NSE on Tuesday ahead of the listing of its lifestyle business which is expected this week. Brokerages see this as a transformative move for the company which is synonymous with legacy brands such as Park Avenue, Raymond, Parx and ColorPlus. Brokerages like Motilal Oswal and InCred which were part of the investors’ meet remain optimistic about the company's prospects.

interest rate cut in the cards at their Sept. 17-18 meeting. By the end of last month, when Federal Reserve Chair Jerome Powell said it was time to start lowering borrowing costs, nearly all of his colleagues thought so too. In large part, that was because a wide range of data moved in one direction. That pushed Fed policymakers to reassess the risks to their outlook, including whether their chief concern should be persistent inflation, labor market weakness, a deterioration in business or household financial conditions, a potential policy mistake, or some combination of those factors.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...