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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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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   


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Bira 91 raises $25 mn to expand manufacturing footprint

B9 Beverages Ltd, Bira 91's parent company, on Wednesday said it is raising $25 million in new fund…

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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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Bira 91 raises $70 mn from Japanese beer company Kirin Holdings

Premium beer company Bira 91 on Tuesday announced it has raised $70 million in Series D funding, le…

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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…

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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…

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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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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…

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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   


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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…

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These small cap companies have attracted big investments from high-networth individuals

High networth individuals (HNIs) held stocks worth ₹5 lakh crore in NSE-listed companies, as on…

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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…

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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   


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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…

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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   


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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   


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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…

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WHO's views on sweetener Aspartame may pit it against the food industry and regulators

Aspartame is used in products from Coca-Cola diet sodas to Mars' Extra chewing gum and some snapple…

ANI   


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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…