archived as published
Week in review · Saturday, 5 September · prices through NSE close
The Aditya Birla Group launched Ultravolt, a wires and cables venture housed under UltraTech Cement, backed by an investment of ₹1,800 crore. Shares of Polycab and KEI Industries fell up to 9% on Friday following the announcement.
Cohance Lifesciences will invest $18 million combined in NJ Bio and Aruka Bio to strengthen its antibody-drug conjugate strategy, increasing its ownership in NJ Bio to 67.3% and taking a 65% stake in Aruka Bio.
Vodafone Idea unveiled a refreshed brand identity on September 1, 2026, featuring a dynamic three-dimensional sphere as its new logo. The campaign, titled 'Vi badal raha hai… tayaar rahiye', features Bollywood actor Shah Rukh Khan as its face as part of a broader repositioning.
HDFC Bank CEO Sashidhar Jagdishan announced he will not seek reappointment when his current term ends on October 26, 2026. Shares rose more than 2% at market open following the announcement.
Oil prices rose on Friday and were on track for their biggest weekly gain since mid-July as renewed hostilities between the United States and Iran raised concerns over oil supplies from the Middle East.
India's installed electricity capacity is projected to exceed 2,000 GW by 2047, driven by expansion in clean energy with solar power capacity expected to rise to more than 1,100 GW.
Max Estates acquired approximately 84.71 acres of land in Najafgarh, West Delhi through a non-cash share-swap transaction valued at Rs 420.2 crore, involving 100% ownership of nine promoter-owned land-holding companies. The acquisition, involving the issuance of up to 70 lakh equity shares, carries an estimated gross development value of Rs 10,000-12,000 crore and marks the company's first residential entry into Delhi.
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