Foreign portfolio investors (FPIs) have offloaded domestic equities to the tune of over Rs 5,689 crore in July so far as they continued to adopt a cautious stance in view of various domestic and global factors. During July 1-23, FPIs took out...
JSPL on Sunday has announced that it has received a revised offer of Rs 7,401 crore from Worldone Private Limited for divestment of its subsidiary company Jindal Power Limiter (JPL). Jindal Steel and Power Limited (JSPL) had earlier...
India Inc is projected to experience a jump in international borrowings, possibly establishing a new record, as various corporations raise cash for the first time in the coming months, owing to a persistent need for long-term project funding....
The apparels industry is a booming market segment in India the domestic market stood at 108 billion US dollars in 2019-2020 and out of these 28 billion US dollars of business was exports. This showcases the business potential of apparels business...
Sebi Chairman Ajay Tyagi on Thursday declared that prevailing low interest rates and ample liquidity are major factors for rising investor interest and any tightening of liquidity or increase in interest rates would impact the market....
Government is planning to complete LIC’s initial public offering (IPO) in the current financial year. Minister of State for Finance Pankaj Chaudhary announced this in the Lok Sabha on July 19. Earlier, Finance Minister Nirmala...
India’s first unicorn Zomato will make its stock market debut on Friday and it is marking a historic moment for the domestic capital market. As per initial schedule, Zomato’s listing was to take place on July 27. However, investment...
The Reserve Bank of India (RBI) has allowed IDFC Limited to exit as the promoter of IDFC First Bank Limited after the 5-year lock-in period, the bank said in a statement to exchanges on Wednesday. This could pave the way for a potential reverse...
Zomato, the meal delivery firm, is expected to finalize the IPO share distribution today, July 22, after receiving a robust response to its IPO (initial public offering) last week. In the last 13 years, Zomato has received the largest subscription...
Eight sectors agriculture & agrochemicals, BFSI, e-commerce & tech startups, educational services, healthcare & pharmaceuticals, information technology & knowledge services, power & energy, and telecommunications have shown a...
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