Mahindra & Mahindra Ltd's subsidiary has made a "binding offer" to acquire majority stake in Peugeot Motocycles of France for an undisclosed sum.
L&T Construction bagged an EPC contract worth Rs. 1,630 crore from the Uttar Pradesh Expressways Industrial Development Authority.
The HSBC Services Purchasing Managers' Index (PMI), compiled by Markit, rose to 51.6 in September from 50.6 in August, reversing a slowdown seen in the previous two months.
Weakness in European stocks hit investor sentiment as key equity benchmark indices in India slumped on the first trading session of the week. Metal and mining stocks edged lower on concerns over growth in China. The CII Business Confidence Index (CII-BCI) for July-September quarter shot up to 57.4, up from 53.7 in April-June quarter and 49.9 in January-March quarter this year, indicating a sharp improvement for the second consecutive quarter. The BSE Mid-Cap index was down 0.9% and BSE Small-Cap index was down by 0.79%. Both these indices outperformed the Sensex.