Centrum Financial Services Limited signed an agreement to acquire L&T Finance's Supply Chain Finance business on Wednesday. The supply chain vertical provides working capital finance to entities that are suppliers to large industrial manufacturers and Original Equipment Manufacturers (OEMs). The company also provide channel finance and inventory finance to dealers. Its combined customer base is nearly about 800.

The Thomas Cook (India) Group announced the reduction of debt making it debt-free by September 30, 2018. The group will pre-pay Rs. 67 crore non-convertible debentures.

Following stocks are close to their 52-week low as at 1.02 p.m. on September 05, 2018.

The markets on September 05, 2018 opened up. BSE Sensex is trading at 37,893.59, down by 264.33 points and the Nifty is trading at 11,440.85, down by 79.45 points. 

The company is having a strong pipeline of products in the extended-release space and this is the second extended-release product approval for the company.

Founders of Fortis Healthcare Shivinder Singh and Malvinder Singh are now at loggerheads with the younger brother Shivinder taking elder brother Malvinder and ex-Chairman of Religare, Sunil Godwani to court alleging mismanagement.

Overall volumes in futures & options currently stand at 1.00 crore contracts with a turnover of Rs. 10,17,418.71 crore.

Overall volumes in futures & options currently stand at 1.00 crore contracts with a turnover of Rs. 10,17,418.71 crore.

Nifty is currently placed near the immediate support range of 11,480-11,500. Stocks in news: LT Foods, Texmo Pipes and Products, Mcnally Bharat Engineering and Goldiam International.

Indian markets may open lower on weak global cues. All eyes will be on the rupee and the bond yields which will determine the further course of action for the markets. The SGX Nifty suggests that Nifty could open lower by 23 points around the level of 11,559.