Key facts
- SoftBank reduced its stake in Lenskart.
- Sebi issued an interim order against Rajesh Exports.
- Tata Motors revised its Avinya EV strategy.
- Suzlon Energy is diversifying into battery storage.
- Reliance Industries subsidiary signed MoUs with the Haryana Government.
Indian markets experienced volatility and closed lower on Wednesday. Several key companies are in focus due to significant developments. SoftBank has reduced its stake in Lenskart. The Securities and Exchange Board of India (Sebi) issued an interim order against Rajesh Exports. Tata Motors has revised its Avinya EV strategy. Suzlon Energy is expanding its business into battery storage solutions. Additionally, a subsidiary of Reliance Industries signed Memorandums of Understanding (MoUs) with the Haryana Government.