JSW Infrastructure made a strong market debut Tuesday with its shares listing at Rs 143 on the NSE, a 20 per cent premium over the issue price of Rs 119.

Post listing, the stock moved higher to Rs 157, quoting 32 per cent above its issue price on the NSE. A combined 63 million equity shares changed hands on the NSE and BSE, till 10:03 am.

The malaria vaccine developed by the University of Oxford and the Serum Institute of India, leveraging Novavax’s adjuvant, has now been recommended for use by the World Health Organization’s Strategic Advisory Group of Experts and the Malaria Policy Advisory Group, paving the way for a global roll-out soon.

Around half a million people die from malaria every year across the world.

Adani Ports and Special Economic Zone (APSEZ) registered a 26 per cent year-on-year (y-o-y) growth in September in its total cargo volumes to 32.8 million metric tonnes (MMT). In a press release, the company said that growth was recorded across all cargo segments, including containers (20 per cent), dry bulk (32 per cent), and liquid & gas (21 per cent).

The company's logistics volumes continue to register significant growth with half-yearly rail volumes of 279,177 TEUs (20 per cent) and general purpose wagon investment scheme (GPWIS) volumes of 8.92 MMT (42 per cent).

From October 1, banks will provide customers the option to choose from multiple card networks like Visa, MasterCard, and Rupay for their debit, credit, and prepaid cards.

On July 5, the Reserve Bank of India (RBI) had released a draft circular on changing the arrangements between card networks and banks and non-bank entities authorised to issue cards.

State-run Indian Oil Corporation (IOCL) on Friday approved two joint ventures with private sector players for setting up compressed biogas (CBG) plants. The announcement is expected to provide a fillip to the Centre's plans to establish 5,000 commercial CBG plants by 2024-25 under the Sustainable Alternative Towards Affordable Transport (SATAT) scheme.

In a regulatory filing, the company said its board of directors has given the nod to environmental and sustainable solutions provider EverEnviro Resource Management Pvt Ltd and clean fuel technology company GPS Renewables Pvt Ltd.

Jalan Kalrock Consortium (JKC), the winning bidder for the revival of grounded carrier Jet Airways, on Friday said it has infused an additional Rs 100 crore in the airline as per the court-approved resolution plan.

The consortium has “fulfilled” its total financial commitment of Rs 350 crore to revive the airline, which would pave the way for it to take over the ownership of Jet Airways, JKC said in a statement.

Japan’s Sony Group said its Indian unit’s merger with Zee Entertainment Enterprises is expected to be completed “in the months ahead.”

The transaction was initially expected to be closed by the end of September, it said in a statement to the American stock exchanges.

Sajjan Jindal’s JSW Group is making yet another attempt to turn its cement and ports businesses into success stories. Both have a history of missed timelines. While the ports business has made headway, analysts remain uncertain about the prospects of the cement subsidiary.

The ports vertical, JSW Infrastructure, closed its Rs 2,800 crore initial public offering (IPO) on Wednesday, and was subscribed 37.37 times.

India's Vedanta Ltd said on Friday it plans to spin off and list six of its businesses as the metals-to-oils conglomerate seeks to fuel their growth.

The six units being planned to be listed are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals and Vedanta Limited.

Congress leader and general secretary Randeep Singh Surjewala on Thursday said that a race was going on among senior Bharatiya Janata Party (BJP) leaders from Madhya Pradesh to avoid contesting the upcoming assembly elections.

The ruling BJP has declared 79 candidates for the elections till now, including Union ministers Narendra Singh Tomar, Prahlad Patel and party general secretary Kailash Vijayvargiya.

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