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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
3 mins read
India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
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
4 mins read
Inflows into equity mutual funds plunge sharply in November; MFs trim holdings in ICICI Bank, HCL Tech, Kotak Mahindra Bank
Flows into equity mutual fund schemes tanked in November to ₹2,258 crore as against ₹9,390 crore…
1 min read
MetLife acquire stakes of Elpro and IGE's in PNB MetLife for ₹1,906 crore
According to Elpro, it will receive a sum of about ₹1,424.69 crore while I.G.E. (India) will get…
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
1 min read
Adani Group acquires 23.5% stake in Mumbai International Airport for ₹1,685 crore
Adani Group's flagship holding company Adani Airport Holdings Ltd (AAHL) has acquired 23.5 per cent…
2 mins read
Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares
Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscrip…
PTI
4 mins read
Aditya Birla Fashion, TCNS Clothing’s shares tank on merger news; analysts say merger was not necessary
After Aditya Birla Fashion and Retail (ABFRL) announced a merger with TCNS Clothing over the weeken…
4 mins read
BPCL swings to profit of ₹10,644 cr in Q1 aided by freeze on retail selling prices
The consolidated net profit of ₹ 10,644.30 crore in April-June (first quarter of current 2023-24 fi…
4 mins read
Adani raises $1.4 bn from stake sale in 3 cos; $9 bn raised in 4 yrs
Adani Group has raised $1.38bn through the sale of stakes in three of its companies – Adani Enterpr…
PTI
3 mins read
Hotel industry bounces back after three years into the pandemic
“Q4FY23 will be a record quarter owing to a sustained travel surge, bunched-up weddings and norm…
1 min read
ASK Automotive files draft papers with SEBI to mop up funds via IPO
ASK Automotive has filed preliminary papers with capital markets regulator Sebi to raise funds thro…
PTI
1 min read
World's first fidget spinner feature phone is here
Hong Kong-based mobile technology company Chilli International Holding Ltd on Tuesday launched what…
3 mins read
Vedanta cuts debt by $2 billion ahead of target to soothe investor concerns
After repayments and borrowings, it has about USD 7.7 billion outstanding, of which USD 3 billi…
PTI
3 mins read
These stocks are hot favourites of FPIs even as they sell index heavyweights
Foreign capital flows into Indian equities remain volatile, even though India has outperformed most…
1 min read
Wipro lays off over 400 freshers for poor performance
IT giant Wipro has laid off more than 400 fresher employees for poor performance in internal assess…
5 mins read
Gautam Adani’s renewable energy firm now bigger than HDFC, Bajaj Finance, and Bharti Airtel
Gautam Adani’s renewable energy firm, Adani Green Energy, has stolen the investor limelight with it…
3 mins read
NDTV stock hits upper circuit on Adani group takeover bid
NDTV's share price rose 5 per cent, hitting the upper circuit in opening trade on Wednesday, a day …
PTI
1 min read
Titan exits joint venture with German luxury brand Montblanc in India
The development is in line with Titan's strategy to focus on its primary business and proprietar…