India’s stock market indices closed flat on Tuesday, August 27, with select heavyweights like Reliance Industries dragging performance. Meanwhile, Zee Entertainment and Sony India settled all disputes regarding their terminated merger. The Supreme Court granted bail to K Kavitha in the Delhi excise policy case.
Axis Bank, LTIMindtree, Kotak Mahindra Bank, Nestle India, IndusInd Bank, Zee Entertainment, Delhivery, AU Small Finance Bank, Dalmia Bharat, RailTel, V-Guard Industries, PVR INOX, STL, Motherson Sumi, and Motilal Oswal AMC released their quarterly earnings reports this week. Industry news includes updates on the Lodha Group, CPPIB’s stake in Delhivery, and the upcoming launch of ad-free movies by PVR INOX.
