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Sanghi Industries shares dropped 12.4% after Ambuja Cements announced a merger scheme offering 12 shares for every 100 Sanghi shares. The merger aims to enhance efficiency and streamline operations.
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Jindal Saw shares rose 7.7% after acquiring up to 31.2% stake in ReNew Green MHH One, aiming for concessional electricity rates. The deal will make RGMHH an associate by May 2025.
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Boeing has fully resumed airplane production following a seven-week machinists' strike. The company restarted 737 MAX production in early December and has now brought its wide-body programs back online. November deliveries remained low due to the strike's impact, but the FAA is closely monitoring the restart, prioritizing safety. Boeing emphasizes its commitment to safe and timely aircraft delivery.
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