TVS Supply Chain Solutions (TVS SCS) made a steady stock market debut, with its shares listed at Rs 207.05, a 5 per cent premium over its issue price of Rs 197 per share on the National Stock Exchange (NSE) on Wednesday. The stock of logistics solution provider opened at Rs 206.30 on the BSE.

At 10:01 AM; TVS SCS was quoting at Rs 201.30, up 2 per cent as against its issue price. The stock hit a high of Rs 208.50 and a low of Rs 200.05 on the BSE in intra-day trades so far. A combined 5.7 million shares changed hands on the NSE and BSE.

In the middle of mounting complaints from consumers regarding non-receipt of reimbursement for off-board chargers, the Centre has taken decisive action against four defaulting original equipment manufacturers (OEMs): Ola Electric, Ather Energy, TVS Motor Company, and Hero MotoCorp (under the Vida electric scooter brand).

These companies are being ordered to pay a combined total of approximately Rs 278 crore to around 200,000 customers by the end of November.

The Securities and Exchange Board of India (Sebi) has barred media company Brightcom Group's chairman SK Reddy from dealing in the securities market and has also restricted him from holding director post in any listed company for alleged irregularities.

The market regulator has also restricted chief financial officer Narayan Raju from holding key positions while 21 others, including Shankar Sharma, have been barred from selling their stakes in the company.

As Chandrayaan-3 is all set to create history by landing on the uncharted south pole of the Moon, Chhattisgarh Chief Minister Bhupesh Baghel on Tuesday said that "Jo Aadharshila (foundation stone) Nehru Ji ne rakha, aaj world mein danka baja raha hai'".

Chandrayaan-3's Lander Module (LM) - lander Vikram and rover Pragyan - is scheduled to make a touch down near the lunar south pole at 6.04 pm on Wednesday.

BSE on Tuesday announced the postponement of the removal of Jio Financial Services Ltd from all S&P BSE Indices from August 24 to August 29 after the stock hit the lower circuit for two days in a row.

In a circular, BSE said, "Asia Index Private Limited recently announced via Notice No: 20230818-21 that effective before the open of trading on Thursday, August 24, 2023, Jio Financial Services Ltd will be removed from all the S&P BSE Indices following its listing on Monday, August 21, 2023, due to its spin-off from its parent, Reliance Industries."

A recent research published under the Indian Council of Medical Research (ICMR) found that 6.5 per cent of patients who experience post-coronavirus conditions died within a year of their hospital discharge, according to a report by the Indian Express.

The study examined data from 14,419 patients across 31 hospitals, tracking their health over a year through phone follow-ups. These patients had been hospitalised with moderate to severe Covid-19 infection.

Honda Cars India on Tuesday said it plans to increase vehicle prices from next month in order to partially offset the impact of rising input costs.

The automaker currently sells two models -- City and Amaze in the domestic market.

Prime Minister Narendra Modi on Tuesday said that the BRICS summit will provide a useful opportunity for its members to identify future areas of cooperation and review institutional development.

In his departure statement ahead of visiting South Africa to attend the 15th BRICS summit, he said BRICS has been pursuing a strong cooperation agenda across various sectors.

Kerala Chief Minister Pinarayi Vijayan on Monday said that Kerala is at the forefront of the initiatives to promote the knowledge sector which, he said, is one of the fundamental things that is necessary for the development of a nation.

The Chief Minister was addressing a gathering after distributing the second Nava Kerala Post-Doctoral Fellowship of the Kerala State Higher Education Council.

Shares of Adani Enterprises hit a three-month high at Rs 2,720.65, as they gained 3 per cent on the BSE in Tuesday’s intra-day trade after founder firm Kempas Trade and Investment bought 25.3 million shares or 2.22 per cent stake in the company from the open market between Aug 7 to Aug 18.

The stock of Gautam Adani Group’s flagship company was trading at its highest level since May 24, 2023. In was quoting higher for the fourth straight trading day, and has rallied 11 per cent during the period. In comparison, the S&P BSE Sensex was up 0.14 per cent at 65,308 at 09:30 AM.

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