RattanIndia Enterprises Ltd backed Revolt Intellicorp Pvt Ltd today announced that it has closed bookings for new customers for its new EV bike as they have been overbooked within few days of getting investment from RattanIndia. 

On the options front’, addition of open interest on the Put option side is seen in a broad range of 14,600-14,700 in today’s session. The 14,600 Put option has seen the addition of more than 40 lakh shares in the open interest, while the 14,600 Call option has shed more than 11 lakh shares in the open interest. The 14,800 Call option strike has seen an addition of 31 lakh shares in the open interest.  

In this interview, R Venkataraman, Chairman, IIFL Securities Limited, presents an overview of both the economy and the markets and the way ahead . Below is the detailed discussion.

The electricity market at Indian Energy Exchange (IEX) entered the new fiscal year 2022 with 7,707 MU volumes in the month of April 2021, achieving a 90.2 per cent YoY growth. 

The market opened in green on May 06, 2021.

The market opened in green on May 06, 2021, overall volumes in futures & options currently stand at 4,87,14,614 contracts with a turnover of Rs. 44,63,162.54 crore.

The market opened in green on May 06, 2021, overall volumes in futures & options currently stand at 4,87,14,614 contracts with a turnover of Rs. 44,63,162.54 crore.

IDBI Bank: As per an official statement, Cabinet Committee on Economic Affairs (CCEA), on May 5, granted approval for the long-pending 'strategic disinvestment' of IDBI Bank Limited.  

Cadila Healthcare Limited announced today that it has signed an agreement to extend the tenure of the joint venture agreement (JVA) with Bayer (South East Asia) PTE Limited, one of the companies of Bayer Group, for a further period of two months. 

Bajaj Healthcare Limited (BHL) announced on Tuesday that it has launched Favijaj (Favipiravir), an antiviral drug used for treating patients suffering from the influenza virus. The company informed that the drug has proven to be quite effective over COVID patients.