Sonata secures three Microsoft India partner of the year awards

Sonata secures three Microsoft India partner of the year awards

Sonata Software has clinched three Microsoft India Partner of the Year Awards across multiple categories. The accolades recognise Sonata’s accomplishments and contributions in the fields of Manufacturing and Conglomerates, ITES, and Digital Natives. The Microsoft India Partner of the Year Awards applaud partners for their outstanding achievements and forward-thinking initiatives in various domains, including partner […]

Ratnaveer Precision jumps 32 per cent on Day 1 of listing

Ratnaveer Precision jumps 32 per cent on Day 1 of listing

Shares of Ratnaveer Precision Enginering, the first company to list on T+3 basis, made a strong debut at the bourses by gaining over 30 per cent. Shares of the company debuted at ₹128, registering a jump of 30.61 per cent from the issue price of ₹98 on the BSE. During the day, it zoomed 37.14 […]

Kahan Packaging sees bids of over 1,000 times from retail investors

Kahan Packaging sees bids of over 1,000 times from retail investors

Retail investors have gone crazy over IPO of Kahan Packaging. The public issue of this little-known Mumbai based firm that manufactures polymer-based woven products saw bids over 1,000 times, precisely 1,044 times from retail investors. Non-institution investors portion received bids for 405.59 times. The issue came out with a fixed price of ₹80 a share. […]

Rupee rises 24 paise to close at 82.99 against US dollar

Rupee rises 24 paise to close at 82.99 against US dollar

The rupee snapped a four-day losing streak to close 24 paise higher at 82.99 (provisional) against the US dollar on Friday, helped by a firm trend in domestic equities and suspected intervention by the RBI. Besides, the local unit appreciated after the Reserve Bank announced the discontinuation of incremental cash reserve ratio in a phased […]

Nazara Tech raises ₹410 crore from SBI Mutual Fund

Nazara Tech raises ₹410 crore from SBI Mutual Fund

Gaming and media firm Nazara Technologies said it is raising ₹410 crore from SBI Mutual Fund. The company’s board approved the issue of 57.4 lakh equity shares (57,42,296 equity shares) for ₹714 per share to SBI Mutual Fund, by way of preferential issue on a private placement basis. The funds will be invested via three […]

Biocon Biologics integrates Viatris Biosimilars in North America, shares up

Biocon Biologics integrates Viatris Biosimilars in North America, shares up

Biocon Ltd.’s shares were up by 0.65 per cent after a subsidiary of Biocon Biologics completed the integration of Viatris’ biosimilar business in North America (covering the United States and Canada) effective September 1, 2023. Since the acquisition agreement was sealed, Biocon Biologics has implemented an integration plan, overseeing the transition of partners, personnel, systems, […]