Category: Uncategorized

[ad_1] The board of Chambal Fertilisers & Chemicals on Monday approved buy back of fully paid-up equity shares of face value of ₹10 each, not exceeding 1,55,55,555 shares at a price of ₹450 per equity share for ₹700 crore. The promoters and promoter group of the company have expressed their intention to tender shares under […]

[ad_1] Caplin Point Laboratories Ltd’s subsidiary, Caplin Steriles Ltd reported that it has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Ofloxacin Otic Solution 0.3%. It is a generic therapeutic equivalent version of the Reference Listed Drug (RLD), FLOXIN Otic Solution of Daiichi Pharmaceuticals […]

[ad_1] Foreign portfolio investors (FPIs) have raised concerns that the move to T+0, or same-day settlement may fragment the market liquidity or trading volumes, while seeking more time to suggest viable alternatives, given the year-end holiday season, said two sources in the know. The Securities and Exchange Board of India has proposed a phase-wise transition […]

[ad_1] Snapdeal-owned SaaS company Unicommerce has filed a draft red herring prospectus (DRHP) with market regulator SEBI for a secondary sale of 29.8 million shares, without any fresh issue component. Unicommerce is the latest tech company to file an initial public offering (IPO) prospectus in the last fortnight, after Ola Electric, Firstcry and Mobikwik. The […]

[ad_1] Following increased shipments coming into the country in previous months, especially from China, India continued to be a net importer of steel for the first nine months of the fiscal year (April-Dec).  Imports exceed exports by 0.9 million tonnes for the period under review.  As per a report by the Steel Ministry, accessed by businessline, imports stood at […]

[ad_1] The Securities and Exchange Board of India (SEBI) said on Friday that all institutional investors will have to disclose their short-sale transactions upfront at the time of order placement. Retail investors will have to make a similar disclosure by the end of the trading hours on the transaction day. The move follows the Supreme […]

[ad_1] Suzlon Energy Ltd’s shares were up by 1.03 per cent after the company reported that it received 225 MW order for a wind power project from Everrenew Energy in Tamil Nadu. The project involves installing 75 wind turbines with a 3 MW capacity each at two sites. The electricity generated will be used for […]

[ad_1] Fintech unicorn MobiKwik is aiming to raise up to ₹880 crore via a fresh issue of shares in its upcoming initial public offering (IPO). The company’s board recently passed a resolution to raise ₹880 crore via fresh issue of shares. The fresh issue will also include a pre-IPO placement, according to the company filings […]

[ad_1] The market regulator SEBI is in the process of giving in-principal approval to the joint venture between Jio Financial Services and BlackRock Financial Management for launching mutual fund business. The company filed an application with SEBI on October 19, 2023. Last July, Jio Financial Services announced that it is partnering with the US-based BlackRock […]

[ad_1] CMS Info Systems Ltd.’s shares were up by 0.58 per cent after the company reported a 9.3 per cent year-over-year growth in retail consumption during the first half of FY24, based on an extensive analysis encompassing 11 consumer-facing sectors. The sectors include large format retail, jewellery, FMCG, e-commerce, hospitality, and aviation. The Retail Consumption […]