The shares of Indus Towers declined 3% on Wednesday on BSE to the day’s low of Rs 348 after Sunil Mittal-owned Bharti Airtel dismissed news of being in talks to acquire a stake in the company.Earlier reports had said that Airtel was in conversation with Vodafone group to potentially acquire a controlling stake in Indus Towers. Airtel has now, in a letter to the exchanges.
Open FlipJio Financial Services, the financial arm of Reliance Industries, has been on a consistent upward trajectory in recent months, reaching new record highs. This trend is fueled by several positive developments that have boosted investor confidence in the company.In the previous trading session, the stock touched a new all-time high of ₹394.70 apiece, surpassing its previous record high.
Open FlipThe Senate voted to send a foreign aid package that includes sanctions on Iran’s oil sector to President Joe Biden, who has said he will sign the legislation into law. The bill, which was approved on Tuesday night by a vote of 79-18, would broaden sanctions to include foreign ports, vessels and refineries that knowingly process or ship Iranian crude in violation of existing US sanctions.
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