The car major’s total domestic sales for July 2024 stood at 70,161 vehicles, registering de-growth of 11% compared to 78,844 units in July 2023.

US equities registered a strong performance on Wednesday following the Federal Reserve’s monetary policy announcement and positive reaction to some of the latest corporate earnings news. The Nasdaq soared 451.98 points or 2.6 percent to 17,599.40, more than offsetting the 1.3 percent slump seen during yesterday’s session. The S&P 500 also jumped 85.86 points or 1.6 percent to 5,522.30, while the Dow rose 99.46 points or 0.2 percent to 40,842.79.

SoftBank-backed SaaS platform Unicommerce eSolutions Ltd on Thursday announced a price band of Rs 102 to Rs 108 crore a share for its Rs 276-crore Initial Public Offering (IPO).
The company’s maiden public issue will open for subscription on August 6 and conclude on August 8 and the bidding for the anchor portion will open for a day on August 5, the company announced.
The issue is entirely an Offer for Sale (OFS) aggregating up to 2.56 crore equity shares valued at Rs 276.6 crore, at the upper end of the price band, by the selling shareholders.
Since the IPO is completely an OFS, the entire proceeds will go to the selling shareholders.
Under the OFS, SB Investment Holdings (UK) Ltd, an affiliate of Japan’s SoftBank, will offload 1.61 crore shares, and promoter AceVector Limited (formerly known as Snapdeal Limited) will sell up to 94.38 lakh shares.
Founded in 2012, Unicommerce eSolutions is India’s leading e-commerce enablement software-as-a-service (SaaS) platform. The company’s

India’s manufacturing sector continued to post impressive growth in July, despite slightly softer increases in new orders and output. Key positive developments seen in the latest results included one of the fastest expansions in international sales for over 13 years and another robust round of job creation. That said, buoyant demand also exerted pressure on prices. Input costs rose at one of the quickest rates in nearly two years, which contributed to the steepest increase in selling prices since October 2013.
At 58.1 in July, the seasonally adjusted HSBC India Manufacturing Purchasing Managers Index (PMI) was little changed from 58.3 in June and indicated a substantial improvement in the health of the sector. The latest reading was above the series long-run average and one of the highest seen in recent years.

Sonata Software tumbled 6.16% to Rs 694.60 after the company’s consolidated net profit declined 4.29% to Rs 105.63 crore in Q1 FY25 as against with Rs 110.36 crore posted in Q4 FY24.