Share price of IRB Infrastructure Developers rose up to 11.5 % in early trade today after the announcement of investment by Singapore's sovereign wealth fund in company's road operations.

Share Market Live:Earlier in the day, Sensex gained 1,000 points to breach the historic 40,000 mark for the first time ever. Nifty too crossed the key 12,000 mark and set a new record for the index's new high on the back of early counting in Lok Sabha election indicating PM Narendra Modi was set to storm back to power with a thumping majority.

Continuing its momentum for the fourth straight session, shares of RCom climbed 2.89 per cent to close at Rs 17.10 apiece on the Bombay Stock Exchange, after opening higher at Rs 17.00 against a previous closing price of Rs 16.62.

For a long time, the speculations were rife that Jio will be most likely buy RCom since the two entities already has agreement where Jio is using RCom's spectrum, towers infrastructure and optical fibre network. The question was when and how.

Aditya Birla Group firm UltraTech announced acquisition of debt-ridden JP Group's cement plants for nearly Rs 17,000 crore (about USD 2.5 billion), making it the biggest deal in the sector.

\"Adani shall be responsible for EBIDTA gains and losses arising from the port operation for this period,\" the filing said.

The combined entity will make it the second-largest telecom service provider in that country in terms of subscribers.

The contract will ensure supplies of 10 million tonnes per annum of crude oil and feedstock to Essar's Vadinar refinery over a period of 10 years