archived as published
Wednesday, 30 September · prices through NSE close
ITC has acquired the remaining 52.5% stake in Sproutlife Foods Private Ltd for approximately ₹645 crore, bringing its total shareholding to 100%. Sproutlife Foods is the parent company of nutrition and healthy foods brand Yoga Bar, based in Bengaluru.
The Insurance Regulatory and Development Authority of India proposed sweeping changes to insurance distribution, commissions, and expense structures. PB Fintech shares declined following the proposal, with insurance stocks experiencing heavy selling as the regulatory changes affect how insurers and distributors earn from policies.
Tata Trusts Chairman Noel Tata has proposed merging Tata Electronics Systems Solutions Private Ltd and Tata Consulting Engineers with Tata Sons Private Ltd. The proposal aims to keep the holding company private and outside Reserve Bank of India regulations, while altering its operating and asset profile.
Vodafone Idea announced free international roaming with postpaid plans starting at Rs 501, annual prepaid unlimited data plans, and corporate plans starting at Rs 451 for enterprise customers. The shares climbed 2 per cent in Friday's trade following the announcement.
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