Category: Uncategorized

HCC vice chairman and managing director Arjun Dhawan Hindustan Construction Company Limited (HCC) on Tuesday said its rights issue received two-fold subscription, drawing applications worth Rs 2,008 crore against an issue size of Rs 999.99 crore. The company, in a statement, said it has retained proceeds equivalent to the issue size, and the balance amount […]

Ambuja Cements, part of the Adani Group, has approved the merger of its subsidiary Orient Cement with itself, offering shareholders 33 Ambuja shares for every 100 Orient Cement shares held. | Photo Credit: Ambuja Cements, an Adani Group company, has decided to merge its subsidiary Orient Cement with itself and issue 33 shares for every […]

Shares of Shriram Finance scaled to a fresh high, leading the Nifty 50 pack on Monday, after Mitsubishi UFJ Financial Group’s (MUFG) announcement to acquire a 20 per cent stake in the NBFC for about ₹39,600 crore, the largest foreign direct investment in India’s financial services sector. Brokerages widely upgraded their outlooks and raised target […]

Stock markets are likely to trade in a range-bound manner in a holiday-shortened week where trading activity of foreign investors, currency movement and global macroeconomic data announcements are expected to drive sentiments, analysts said. Several global markets may see subdued activity on account of Christmas and New Year holidays, an expert said. The domestic stock […]

IT electronics refurbishing company EPW India on Saturday said it has raised ₹9.04 crore from anchor investors ahead of the launch of its initial share-sale for public subscription. The company has allotted over 9.32 lakh equity shares to Resonance Opportunities Fund, Universal Golden Fund and Getfive Opportunity Fund – I at an anchor investor price […]

India’s oil and gas sector in 2025 was marked by shifting import patterns, policy reforms, rising demand and a push to strengthen energy security, underscoring the country’s evolving role in the global energy landscape. After years of forecasts predicting an imminent peak in oil demand amid a swift shift to renewables, oil and gas made […]

The underlying Infosys stock on the NSE on Friday closed at ₹1,638.70, up 0.7 per cent Infosys ADR (American Depository Receipt) jumped nearly 40 per cent in early trade on Friday, surprising investors and market participants. The immediate trigger is not known. The trading was halted on the NYSE after the stock hit $26.62, up […]

Six index heavyweights will be in focus on Friday amid major corporate developments, including Bharti Airtel’s top management change, Vodafone Idea’s ₹3,300 crore fundraise, HCLTech’s $160 million acquisition, BPCL’s JV with Coal India, and Tata Power’s overseas investment. Bharti Airtel on Thursday said the company’s board has approved the appointment of Shashwat Sharma as the […]

The rupee appreciated 12 paise against the US dollar on Thursday, despite the broad strength of the American currency in the overseas market on suspected intervention by the Reserve Bank of India (RBI). Forex traders said Brent crude oil prices hovering near $59 per barrel supported the domestic unit at lower levels. However, a recovery […]

Ola Electric Mobility Founder and CEO, Bhavish Aggarwal Ola Electric Mobility Founder and CEO, Bhavish Aggarwal, sold 4.19 crore shares, representing about 0.95 per cent of the company’s equity on Wednesday, through a bulk deal on the NSE. The shares were offloaded at ₹33.96 each, resulting in a transaction value of nearly ₹142 crore. This […]