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Hero Motors files draft papers for Rs 900-crore IPO, may consider pre-IPO fundraising

The company may consider a pre-IPO placement of Rs 100 crore. If this placement is completed, the f…

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2 mins read

Sebi approves IndusInd International Holdings's acquisition of Invesco's PMS business

According to sources, Sebi's approval marks the completion of a crucial phase in IndusInd Internati…

PTI   


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2 mins read

SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now

The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…

PTI   


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Afcons Infra fixes IPO price at Rs 440-Rs 463 per share, issue to open on October 25

Afcons will reportedly use around Rs 80 crore from IPO proceeds to fund capital expenditure and pur…

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1 min read

Noel Tata steps in to fill huge shoes of late Ratan Tata, to head Tata Trusts

He is a Trustee on the boards of Sir Ratan Tata Trust and Sir Dorabji Tata Trust. His appointment a…

PTI   


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Adani family infuses ₹6,661 crore in Ambuja Cements, increases stake to 66.7%

The Adani family, the promoter of Ambuja Cements, on Thursday announced an infusion of Rs 6,661 cro…

PTI   


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TCS shares tank over 3% after Tata Sons divests 0.65% stake

Shares of Tata Consultancy Services (TCS) plunged more than 3 per cent in the morning trade on Tues…

PTI   


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8 mins read

Hindenburg target SEBI chief, she calls charges baseless, Adani says no commercial relationship with SEBI head

Madhabi Puri Buch and her husband Dhaval Buch in a joint statement strongly denied the "baseless al…

PTI   


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4 mins read

Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

PTI   


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1 min read

Jack Ma sends longest memo to Alibaba employees in 5 years

Reclusive billionaire cofounder Jack Ma has some words of encouragement for Alibaba Group employees.

Jordan Hart   


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1 min read

Abu Dhabi's IHC exits Adani Green Energy and Adani Transmission

Abu Dhabi's International Holding Company, one of the first high-profile investors in billionaire G…

PTI   


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2 mins read

Adani Enterprise Q2 net profit halves to ₹222.82 crore

Billionaire Gautam Adani's flagship firm on Thursday reported halving of the second quarter net pro…

PTI   


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3 mins read

Ambani, Adani collaborate: RIL picks 26% stake in Adani Power project

In the first collaboration between rival billionaires, Mukesh Ambani's Reliance Industries has pick…

PTI   


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Adani Green Energy Q4 net profit declines 39 pc to Rs 310 cr due to rising expenses

During the fourth quarter of FY24, the company's total income fell to Rs 2,806 crore from Rs 2,…

PTI   


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3 mins read

Adani Enterprises Q4 net falls 37%; incubating businesses show strong momentum

While incubating businesses like new energy and airports showed strong momentum, the firm suff…

PTI   


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4 mins read

Indian PSUs hold immense investment potential, experts bullish on defence and mobility

Notably, BSE PSU index is up over 100 per cent in the past year, against Sensex's 20 per cent run d…

ANI   


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Prem Watsa-backed Fairfax India commits up to $200 mn to IIFL Finance

Indian-Canadian billionaire Prem Watsa-backed Fairfax India on Wednesday announced its commitment t…

PTI   


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Jack Ma's Alibaba climbs after the the billionaire gives up control of Ant Group

Shares of the Chinese e-commerce giant climbed for the sixth consecutive trading session, and have …

Phil Rosen   


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4 mins read

How Russia-Ukraine war helped this Thane-based company become a multibagger

Pipe and tube manufacturer Maharashtra Seamless has doubled investors' money in the last one year b…

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3 mins read

Tata Technologies files DRHP with SEBI: All you need to know about this Tata Motors subsidiary

Another company from the salt-to-software conglomerate Tata Group is preparing to get listed on exc…