Labour trouble at the plant calls for introspection on the right balance between reforms and Licence Raj

Arjas Steel owns and operates a 3,00,000 tonne integrated steel plant at Tadipatri in Andhra Pradesh. The company is one of the leading manufacturers of alloy steel in the country

India Stock Market Highlights Today: UltraTech Cement, Nestle, IDBI Bank, IDFC First Bank, Tata Coffee are among the top companies that will be reporting their April-June quarterly earnings

Stocks to watch today on July 28: United Spirits, Tech Mahindra, Bharti Infratel, Pfizer, M&M Financial, ITC among others are the top stocks to watch out for in Tuesday's trading session.

Share Market Update: Escorts, Bajaj Finserv, Tata Power, Birla Corporation, Pidilite Industries, IDFC First Bank, Godrej Consumer Products, Crompton Greaves Consumer among others will be releasing their Q3 results today

Stocks to watch today on January 29: Maruti, Bharti Airtel, Escorts, Central Bank of India, Bajaj Finance, Bajaj Finserv, Tata Power, Jubilant Foodworks, Godrej Consumer Products among others are the top stocks to watch out for in Wednesday's trading session

Fair trade regulator Competition Commission of India (CCI) on Monday said it has cleared the acquisition of equity share capital of Quess Corp by Amazon.com NV Investment Holding LLC.

Shares of Quess Corp rose up to 18.37% to Rs 521, their one-week high after the business services provider announced it would issue 7.54 lakh shares to investor Amazon.com NV Investment Holdings for an aggregate amount of Rs 51 crore.

Share Market Update:  Indian Benchmark indices extended gains in the afternoon session to close on the positive side, backed up by gains in Bank, Realty, Auto and Financial Services. However, India Vix index, that subjects volatility in the market, was up at 27, ahead of counting of Lok Sabha Election 2019 to be done on May 23.

With a string of acquisitions, Ajit Issac's staffing and related solutions provider Quess Corp is now the fourth biggest private employer in the country.

The Sensex erased gains during the last hour of trade and closed 118 points higher at 33,478 level in Tuesday's trade. The Nifty too rose 28.15 points or 0.27 percent with Asian markets trading in green tracking overnight gains in US markets on strong economic data. Here are the key highlights, which affected the market today.

Shares of Quess Corp rallied over 12 per cent after the business services provider firm said it has entered into agreements to acquire stakes in Singapore-based Comtel Solutions.

The IPO received bids for 14,29,46,840 shares against the total issue size of 1,22,50,000 shares, data available with the NSE till 1930 hrs showed.

In a strong show, the Rs 1,243 crore initial public offer (IPO) of L&T Infotech was oversubscribed 1.23 times on the first day of the three-day bidding on Monday.