archived as published
Week in review · Saturday, 22 August · prices through NSE close
Tata Motors Passenger Vehicles will increase vehicle prices by up to ₹25,000 from September 1 across its portfolio to partially offset higher input costs and inflationary pressures. The automaker joins Maruti Suzuki India and Hyundai Motor India in raising prices amid similar cost pressures.
The Sensex rallied 628 points to close at around 77,538 and Nifty 50 gained around 154 points to end at 24,232 on Thursday, snapping a seven-day losing streak.
Larsen & Toubro's energy arm L&T Energy Hydrocarbon Offshore secured an order valued at more than ₹15,000 crore from a Middle East client for the development of multiple offshore facilities, including engineering, procurement, construction, installation, and commissioning.
Bain Capital's negotiations with JBM Auto for a significant minority stake in the company's electric vehicle business have entered an advanced stage, with potential investment up to Rs 2,850 crore.
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