RIL was scheduled to unveil JioPhone Next on Friday, Ganesh Chaturthi. But the company company in a filing to BSE late on Thursday said it is "actively working to make it available more widely in time for the Diwali festive season."

Amod Malviya and Sujeet Kumar, the other two cofounders, will support the effective functioning of a "CEO-led organisation" and will continue to shape strategic roadmap and investment decisions as active board members.

Wood in his latest Greed & fear report said he is adding Bajaj Finance to the portfolio with a 4 per cent weightage. It replaces LG Chem, the Korean chemical company. Bajaj Finance was already part of Wood’s long-only India portfolio.

​​​The initial public offer (IPO) is purely an offer for sale of 36,364,838 equity shares by promoter and existing shareholders, according to the draft red herring prospectus (DRHP).

ASL said in a statement that its board approved the allotment of 68.5 lakh equity shares, aggregating to about Rs 85 crore, to HDFC Capital Affordable Real Estate Fund-1 (H-CARE 1) and the promoters of ASL for Rs 124 per share.

The total inflow has reached Rs 3,070 crore in the asset class during the first eight months of the current year (January-August), data with the Association of Mutual Funds in India (Amfi) showed.

The Dow Jones Industrial Average rose 70.21 points, or 0.20 per cent, at the open to 34,949.59.

Specialty chemicals continue to remain a high-growth industry. However, it is witnessing a few headwinds on the margin front in the short- to medium-term.

New government-directed spending is driving up the demand for materials needed to build a cleaner economy. At the same time, tightening regulation is limiting supply by discouraging investment in mines, smelters, etc.

In a career filled with other bad trades, missed opportunities and judgment errors, some decisions stand out, not just for the lost money, but for the lessons learned, writes Barry Ritholtz.