Gland Pharma shares: Promoter Fosun Pharma likely to divest 5% equity worth Rs 2,279 crore via block deal

German industrial output rises in June on auto sector gains

New York City’s proposed millionaire home tax highlights vehicle registration fraud issues. Homeowners may need to prove primary residency, revealing out-of-state vehicle registrations. This practice, known as garage fraud, helps evade insurance and taxes. Investigators found many out-of-state vehicles owe significant unpaid fines. Similar registration schemes are also occurring in Italy and France.

Behari Lal Engineering will launch its IPO on August 12 with a price band of Rs 271–285 per share, aiming to raise over Rs 301 crore through a fresh issue and an offer for sale. The company plans to use the proceeds to expand manufacturing capacity, install rooftop solar systems, repay debt, and support general…