Telecom major Vodafone Idea Limited Monday raised Rs 15 billion fund through non-convertible debentures on private placement basis -- first debt after its incorporation.

"The Securities Allotment Committee have at their meeting held today i.e. on September 3, 2018, allotted 15,000 unsecured redeemable non-convertible debentures aggregating to Rs 15 billion on private placement basis," Vodafone Idea said in a regulatory filing.

Shares of Larsen & Toubro (L&T) Infotech surged 7% to Rs 1,888 on the BSE in early morning trade on Tuesday after the company’s offer for sale (OFS) on Monday got a strong response from the institutional investors. The stock was trading close to its 52-week high of Rs 1,911 touched on August 21, 2018, on the BSE in intra-day trade.

Shares of Infosys hit a new high of Rs 737, up 3% (adjusted to bonus issue) on the BSE. The stock of the country's second-largest information technology (IT) services company is trading ex-date for 1:1 bonus issue.

The board of directors of Infosys has fixed Wednesday, September 5, 2018, as the record date for the purpose of allotment of bonus shares/stock dividend.

With a lobby of FPIs trying hard to get the proposed changes to KYC norms withdrawn, market regulator Sebi Tuesday said it is "preposterous and highly irresponsible" to claim that $75 billion will move out of India because of the regulatory move.

Some foreign portfolio investors (FPIs) are believed to have earlier expressed concerns over the proposed changes in rules, for which Sebi has already granted more time.

The National Stock Exchange (NSE) has requested the markets regulator Securities and Exchange Board of India (Sebi) to provide access to documents based on which charges are being framed in the co-location case.

On July 4, Sebi had served fresh show cause notices to NSE and over 20 others for alleged violation of the Securities Contract Regulation Act and the Prevention of Unfair Trading Practices norms.

The benchmark Sensex tumbled 333 points, or 0.9 per cent, on Monday — its biggest drop in a month — following a sharp sell-off in Hindustan Unilever (HUL) and ITC.

The 30-share index closed at 38,312, while the Nifty 50 closed at 11,582.35, down 98 points or 0.84 per cent. In the previous trading session, the indices clocked their sixth straight week of gains, during which they rallied six per cent.

The Wipro stock gained as much as 8.5 per cent intra-day on Monday, its highest such gain in five years. This was after the company announced on Sunday that it had bagged its largest order, worth $1.5 billion (Rs 106 billion) from US-based Alight Solutions. The 10-year order would translate to an incremental $150 million (Rs 10.6 billion) annually over the contract period. This is two per cent of the current revenue.

New Delhi: Auto major Mahindra & Mahindra reported Saturday 14 per cent increase in total sales at 48,324 units in August.

The company had sold 42,207 units in the same month last year, M&M said in a statement. In the domestic market, sales were at 45,373 units last month, up 15 per cent, as compared to 39,615 units in August 2017.

Microsoft has announced a refreshed “Windows 10 October 2018 Update” that will have new features and enhancements for over 700 million devices running Windows 10. The announcement came at the ongoing IFA 2018 technology event in Berlin, Germany.

India's largest carmaker, Maruti Suzuki India has registered a total domestic sales of 145,895 units in the month of August 2018 and has seen a decline in sales by 3.6% as compared to the same month last year. The company had sold 1.52 lakh units in August 2017. The decline in car sales is largely due to the unfortunate floods in Kerala and parts of Karnataka.

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