Reliance Retail Ventures Ltd (RRVL) may sell another 8-10 per cent of its stake to fund expansion and prepare for the initial public offering (IPO), The Economic Times (ET) reported on Friday, citing executives aware of the plan.

The process is likely to happen in the next 12 to 15 months.

The report further said that the sale of more stakes is necessary because the current valuation of $100 billion may be unsustainable and difficult for the markets to absorb.

After concluding his two-nation visit today, from Greece Prime Minister Narendra Modi will head straight to Bengaluru, Karnataka on a pre-scheduled visit. He will meet scientists of the ISRO team involved in the Chandrayaan-3 Mission.

After a 40-day journey into space, the Chandrayaan-3 lander, 'Vikram', touched down on the uncharted lunar South Pole on Wednesday evening, making India the first country to do so.

Months after a US short seller shook markets with a damning report on the Adani group, the Organised Crime and Corruption Reporting Project (OCCRP) - an organisation funded by likes of George Soros and Rockefeller Brothers Fund - is said to be planning another 'expose' on certain corporate houses in India, sources said.

OCCRP, which calls itself "an investigative reporting platform formed by 24 nonprofit investigative centres... spread across Europe, Africa, Asia and Latin America, may publish a report or a series of articles, three sources with knowledge of the matter said.

Shares of D B Realty surged 6 per cent to hit an over 10-year high of Rs 156.90 on the BSE in Thursday’s intra-day trade. In the past one month, the stock price of the real estate company has more than doubled or zoomed 108 per cent. In comparison, the S&P BSE Sensex was down 1.5 per cent and S&P BSE Smallcap index gained 6 per cent in one month.

The stock had hit an all-time low of Rs 3.65 on April 22, 2020.

Russian state-run news agencies on Wednesday said that Yevgeny Prigozhin, the head of the Wagner group that led a mutiny against Russia’s army in June, was on the list of passengers of a plane that crashed.

“The plane that crashed in the Tver Region listed Yevgeny Prigozhin among its passengers, (Russia’s aviation agency) Rosaviatsia said,” TASS news agency reported, with RIA Novosti and Interfax issuing similar reports.

Shares of GMR Airports Infrastructure hit an over 13-year high of Rs 65.39 as they rallied 10 per cent on the BSE in Thursday's intraday trade amid heavy volumes on improved financial performance. GMR Airports handle 26 per cent of domestic and 33 per cent of international passengers of India's airport traffic.

The stock was trading higher for a fourth straight day, surging 23 per cent during the period. It was quoting at its highest level since May 2010. The average trading volumes on the counter more than doubled today with a combined 64.7 million shares having changed hands on the NSE and BSE till 10:23 AM.

Chandrayaan-3 mission's Lander Module which touched down on the lunar surface, has rolled out the rover, Pragyan, with Isro saying "India took a walk on the moon".

On its official X handle, Isro said the "rover ramped down."

"Chandrayaan-3 ROVER: Made in India--Made for the Moon! The Ch-3 Rover ramped down from the lander and India took a walk on the moon!," it said. Official sources had earlier confirmed the development.

Shares of Manappuram Finance slipped 4 per cent to Rs 140 on the BSE in Thursday’s intra-day trade after 10 per cent equity of the company changed hands.

At 09:15 am; around 88.4 million shares representing 10.44 per cent of total equity of Manappuram Finance changed hands on the BSE, the exchange data shows. The names of the buyers and sellers were not ascertained immediately.

American politicians, newspapers and space research institutions hailed India Wednesday on the successful moon landing of Chandrayaan-3 as the country entered the elite club of three other nations -- United States, Russia and China -- that have a rover on the lunar surface.

In the process, India became the first country among the elite group to have its rover on the moon's south pole region, which the Indian Space Research Organisation believes could have traces of water.

With Vikram lander's successful landing on the far side of the Moon, India on Wednesday became the first country in the world to achieve the feat. At 6:04 pm, the lander, named after the Father of India's space mission, set its feet on the Moon, an event witnessed live by millions across the globe.

After landing on the Moon, Chandrayaan-3 sent a message to India, "India, I reached my destination and you too!"

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