On the other side, the global automotive industry's outlook has been changed to stable from negative. It said that the stable outlook for the global automotive industry reveals growing sales through 2021, with continued but slow increase through 2023.

Overall, the passenger traffic jumped by 19 per cent till August 31, with transporters flying over 70 lakh passengers during the period, after the reopening of services in a categorised way on domestic routes from May 25, following a two-month pause.

The floor price of the offer shall be Rs 330 per share, which is at 14 per cent discount from its previous close of Rs 384.50. This offer for sale will be open for retail investors from September 09, 2020.

Looking upon FY21 guidance, the management has stated that the revenue is likely to remain flat in FY21. Further, working capital and debt levels could rise in FY21 as compared to FY20 on account of new projects.

The floor price is set at Rs 92.58, which is at 22 per cent discount from its previous close of Rs 119.

It noted that the tariff hikes have led to the restoration of pricing power to the telcos and aided improvement in the operating metrics of the industry with growth in revenues and profit margins. 

The government has been implementing various initiatives aimed at developing the dairy sector. Besides focussing on improving cattle productivity, measures are also being taken to strengthen rural milk procurement infrastructure as well as provide superior market linkages to the dairy farmers.

Tata Power and L&T will have a scope of work in the manufacturing of Automated Gun Aiming & Positioning System (AGAPS) and 45 command posts, respectively. BEML, on the other hand, will have the work of manufacturing 330 vehicles under the stated contract.

The nation's largest gas marketer and shipper has adopted a revised strategic plan identifying priority business initiatives. This strategic plan will help the company to address its challenges in the changing industry scenarios and provide new areas for growth with geographic expansion.

On June 17, 2020, Wonderla Holidays forayed into food takeaway and home delivery division as part of its business expansion. Under this business plan, the company has launched two 'Wonder Kitchen' outlets in Bangalore since June 2020.