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Adani Enterprises: Business conglomerate Adani Group s edible oil firm Adani Wilmarfiled draft papers with markets regulator Sebi to launch its initial public offer (IPO) to raise up to Rs 4,500 crore for funding its expansion. It is a wholly owned subsidiary of Adani Enterprises. Punjab National Bank: The state-owned lender reported over three-fold jump in its standalone net profit to Rs 1,023.46 crore for the first quarter ended June 30, mainly due to fall in operating expenses and good recovery. The bank had posted a net profit of Rs 308.45 crore in the same quarter last year. NMDC: The state-owned miner said its iron ore production rose by 3.6 per cent to 11.96 million tonne (MT) during the April-July period of the ongoing financial year. The company had produced 8.80 MT of iron ore during the corresponding period of 2020-21.

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