New Delhi, Jul 15 (PTI) Property Share Investment Trust is set to mobilise Rs 473 crore through the initial public offering (IPO) of PropShare Titania, its second Small and Medium Real Estate Investment Trust (SM REIT) scheme, with the issue opening on July 21. The public issue will conclude on July 25. The price band has been set at Rs 10 lakh-10.6 lakh per unit, Property Share Investment Trust said in a statement. Also Read | Aadhaar Free Update: Government Requests Parents to Update Childre...Read More
Telangana BJP president N. Ramchander Rao has slammed a ₹25 crore defamation notice on Deputy Chief Minister Mallu Bhatti Vikramarka and sought an unconditional public apology for his 'illegal' and 'unlawful' acts of making false imputations against him with regard to the suicide of University of Hyderabad (UoH) research scholar Rohith Vemula causing him 'serious agony' and 'Irreversible' damage. Mr. Vikramarka has been given three days to apologise or criminal action will be taken claiming dam...Read More
New Delhi, Jul 15 (PTI) Co-working major WeWork India has received market regulator Sebi's go-ahead to launch its Initial Public Offering (IPO), enabling the promoters to monetise their investments amid record demand for office spaces across the top seven cities. Bengaluru-based WeWork India Management Ltd, which filed its Draft Red Herring Prospectus (DRHP) in February, obtained observations from the markets regulator on July 8, an update with the SEBI showed on Tuesday. Established in 2017, ...Read More
VMPL New Delhi [India], July 15: In a defining moment for Indian luxury jewellery, Zoya- India leading luxury jewellery atelier from the Tata Group--unveils a limited-edition capsule in collaboration with globally acclaimed British designer and curator Alice Cicolini, marking the first international creative partnership for an Indian luxury jewellery atelier. Born out of deep mutual admiration of Indian craft, the capsule pays homage to enamel--one of India most poetic art forms in luxury. Ins...Read More
Mumbai, July 15 (SocialNews.XYZ) HDB Financial, a subsidiary of HDFC Bank and a recently listed upper-layer NBFC, on Tuesday posted a net profit of Rs 567.7 crore for the quarter ended June 30 (Q1 FY26) -- a 2.4 per cent drop compared to Rs 581.7 crore in the same quarter previous year (Q1 FY25). However, the profit showed improvement on a sequential basis, rising 7 per cent from Rs 530.9 crore in the March quarter of FY25, according to its stock exchange filing. The dip in year-on-year (YoY) ...Read More
Mumbai: HDB Financial, a subsidiary of HDFC Bank and a recently listed upper-layer NBFC, on Tuesday posted a net profit of Rs 567.7 crore for the quarter ended June 30 (Q1 FY26) -- a 2.4 per cent drop compared to Rs 581.7 crore in the same quarter previous year (Q1 FY25). However, the profit showed improvement on a sequential basis, rising 7 per cent from Rs 530.9 crore in the March quarter of FY25, according to its stock exchange filing. The dip in year-on-year (YoY) profit came despite healt...Read More
PRNewswire Chandigarh [India], July 15: Chandigarh University, India leading private university, in collaboration with job platform Apna and investment firm Venture Catalysts (VCats) have launched Campus Tank, India first university-led Startup launch-pad for young innovators below the age of 30 to pitch their ideas and get funding of $1 Million to launch their startups along with expert venture guidance, strategic ecosystem alliances and immersive startup incubation. APNA which is India larges...Read More
Mumbai, July 15 (SocialNews.XYZ) Kolkata-based Himadri Speciality Chemical Limited on Tuesday reported a year-on-year (YoY) revenue decline of 6.84 per cent, with total revenue falling to Rs 1,118.29 crore in Q1 FY26 from Rs 1,200.41 crore in Q1 FY25. On a quarter-on-quarter (QoQ) basis too, revenue slipped by around 1.44 per cent, compared to Rs 1,134.64 crore in Q4 FY25, according to its stock exchange filing. Additionally, Anurag Choudhary-led company's total income followed suit and declin...Read More
New Delhi, Jul 15 (PTI) Co-working major WeWork India has received market regulator Sebi's go-ahead to launch its Initial Public Offerings (IPOs), enabling the promoters to monetise their investments amid record demand of office spaces across the top seven cities. Bengaluru-based WeWork India Management Ltd, which filed its Draft Red Herring Prospectus (DRHP) in February, obtained observations from the markets regulator on July 8, an update with the SEBI showed on Tuesday. Established in 2017,...Read More
Mumbai: HCL Technologies on Monday announced that it has reported a 10 per cent decline in its consolidated net profit for the first quarter (Q1) of FY26 at Rs 3,843 crore, compared to Rs 4,257 crore in the same quarter the previous year (Q1 FY25). Despite the drop in profit, HCL Tech posted an 8 per cent year-on-year (YoY) growth in its revenue from operations, which rose to Rs 30,349 crore from Rs 28,057 crore in Q1 FY25, according to its stock exchange filing. On a sequential basis, the topl...Read More
Rallis India Ltd. reported a 98% sequential rise in consolidated net profit in the June quarter of the financial year 2025. The bottomline came in at Rs 95 crore in the first quarter, compared to Rs 48 crore in the previous quarter, according to a stock exchange filing on Monday. The company's revenue from operations increased 22.2% to Rs 957 crore. Rallis India Q1 Results (Consolidated, YoY) * Revenue up 22.2% at Rs 957 crore versus Rs 783 crore. * Ebitda up 56.3% at Rs 150 crore versus Rs...Read More
New Delhi, Jul 14 (PTI) Arisinfra Solutions Ltd, which supplies materials and services for the construction and real estate sectors, has posted a consolidated net loss of Rs 1.36 crore in the fourth quarter of the last fiscal. The company, which got listed recently on stock exchanges, has posted a net loss of Rs 19.94 crore in the year-ago period. Also Read | How To Check Lottery Sambad Results: A Comprehensive Guide for Indian Lottery Enthusiasts. Total income, however, rose to Rs 224.21 cro...Read More
New Delhi, Jul 14 (PTI) Arisinfra Solutions Ltd, which supplies materials and services for the construction and real estate sectors, has posted a consolidated net loss of Rs 1.36 crore in the fourth quarter of the last fiscal. The company, which got listed recently on stock exchanges, has posted a net loss of Rs 19.94 crore in the year-ago period. Total income, however, rose to Rs 224.21 crore in the fourth quarter of the last fiscal from 207.55 crore in the corresponding period of the precedi...Read More
New Delhi, Jul 14 (PTI) Private sector lender Karnataka Bank on Monday said it has appointed Raghavendra Srinivas Bhat as its interim managing director (MD) and CEO for three months. The appointment is effective from July 16, 2025 for a period of three months or till the appointment of a regular MD and CEO whichever is earlier, Karnataka Bank said in a stock exchange filing. This comes after Srikrishnan Hari Hara Sarma resigned as MD and CEO on June 29 citing personal reasons including his dec...Read More
New Delhi, July 14: Bhavish Aggarwal-led electric two-wheeler maker Ola Electric on Monday reported a consolidated net loss of Rs 428 crore in Q1 FY26, as revenue from operations also nosedived to Rs 828 crore -- a 49.6 per cent year-on-year decline from Rs 1,644 crore revenue in the same quarter last fiscal. The net loss widened by nearly 30 per cent (year-on-year) from Rs 347 crore net loss in Q1 FY25 for the company, according to its stock exchange filing. The e-scooter deliveries were also ...Read More
New Delhi: The Premature redemption of Sovereign Gold Bond (SGB) Scheme SGB 2020-21 Series-IV is due today (July 14, 2025), the Reserve Bank of India has said. The Premature redemption price of SGB shall be based on the simple average of closing gold price of 999 purity of previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). "In terms of GOI notification F. No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series-...Read More
New Delhi: Religare Enterprises has announced a ₹1,500-crore fundraise through preferential allotment of warrants to its promoter, the Burman family of Dabur, and a select group of investors including Ashish Kacholia, Hindustan Times group, Ashish Dhawan and JM Financial. The Burman family through various investment vehicles will subscribe to ₹750 crore worth (50%) of warrants, the company said in a stock exchange disclosure. The funds will be used to support business growth across verticals, ...Read More
Mumbai (Maharashtra) [India], July 11 (ANI): The Board of Directors of Reliance Industries Ltd is scheduled to be held on July 18, 2025, where they will consider and approve the standalone and consolidated financial results of the company for the April-June 2025-26 quarter, as per a stock exchange filing. The company will hold an analyst meet, post the Board meeting, to discuss the financial results for the quarter, the stock exchange filing added on Friday. Also Read | UEFA Women's Euro 2025 ...Read More
Mumbai, July 11 (SocialNews.XYZ) Gujarat-based manufacturers of industrial gears and material handling equipment Elecon Engineering Company Limited on Friday reported a 38.5 per cent decline in its revenue from operations on quarter-on-quarter (QoQ) basis. The company's revenue from operations stood at Rs 490.57 crore in Q1 FY26, down from Rs 797.57 crore in Q4 FY25, according to its stock exchange filing. Similarly, the company's total income also dropped by nearly 36.66 per cent, falling fro...Read More
New Delhi, Jul 11 (PTI) INOX Clean Energy has confidentially filed draft papers with markets regulator Sebi to raise Rs 6,000 crore through an Initial Public Offering (IPO), according to industry sources familiar with the development. This could potentially become the largest Indian IPO in the clean energy and renewables sector. Also Read | BEST Bus Accident: 8 Injured As Speeding Bus Rams Into Stationary Truck in Mumbai's Goregaon (Watch Video). With a proposed equity dilution of over 10 per...Read More
July 10 (Reuters) - Zee Entertainment Enterprises (ZEE.NS), opens new tab on Thursday failed to secure the required shareholder votes to raise funds by issuing warrants, blocking plans by the founding Goenka family to increase their stake in the broadcaster. The setback comes after the company aggressively cut costs and focused on improving performance in its core businesses following a failed merger with Sony Group Corp's (6758.T), opens new tab India assets. Only 59.5% of shareholders who pa...Read More
Mumbai, July 9: Asian Paints Limited on Wednesday said that it has sold its entire 4.42 per cent paid-up share capital, representing 20,10,626 equity shares, in Akzo Nobel India Limited. In a stock exchange filing, it said "The Company has, today, sold its entire holding of 20,10,626 equity shares in Akzo Nobel India Limited, representing 4.42 per cent of its paid-up share capital". For Rs 3,651 per share, the transaction was carried out in bulk, with a total deal value of roughly Rs 734 crore...Read More
Mumbai, July 9 (SocialNews.XYZ) Asian Paints Limited on Wednesday said that it has sold its entire 4.42 per cent paid-up share capital, representing 20,10,626 equity shares, in Akzo Nobel India Limited. In a stock exchange filing, it said "The Company has, today, sold its entire holding of 20,10,626 equity shares in Akzo Nobel India Limited, representing 4.42 per cent of its paid-up share capital". For Rs 3,651 per share, the transaction was carried out in bulk, with a total deal value of roug...Read More
New Delhi, Jul 9 (PTI) Bengaluru-based realty firm Sattva Group will invest Rs 1,500 crore to develop a 30-acre mixed-use project in Vizag, Andhra Pradesh as part of its expansion plan. Sattva Group, which is one of the leading real estate firms in South India, decided to develop this project following a detailed discussion on Tuesday with Nara Lokesh, Minister for Information Technology, Electronics and Communications, in the Andhra Pradesh government. Also Read | Kolkata Fatafat Result Today...Read More
New Delhi, Jul 9 (PTI) Bengaluru-based realty firm Sattva Group will invest Rs 1,500 crore to develop a 30-acre mixed-use project in Vizag, Andhra Pradesh as part of its expansion plan. Sattva Group, which is one of the leading real estate firms in South India, decided to develop this project following a detailed discussion on Tuesday with Nara Lokesh, Minister for Information Technology, Electronics and Communications, in the Andhra Pradesh government. In a statement on Wednesday, Sattva Grou...Read More
Mumbai: US-based Jane Street said the Indian capital market regulator's order accusing the trading firm of manipulative trading in equity derivatives reflects a 'misunderstanding of standard hedging practices and the interrelationships between derivative and underlying markets'. The firm, in an internal communication that ET has accessed, said the Securities and Exchange Board of India's claim that the firm's activity is "prima facie manipulative", disregards the role of liquidity providers and...Read More
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent mu...Read More
Mumbai: The Securities and Exchange Board of India (Sebi) is planning to enhance its surveillance system to check manipulation in the derivatives market, chairman Tuhin Kanta Pandey said on Monday. This follows the regulator barring US-based proprietary trader Jane Street from the securities market for allegedly generating illegal profits by manipulating indices through large derivatives positions. "This (Jane Street case) is essentially a surveillance issue," Pandey said on the sidelines of an...Read More
New Delhi [India], July 7(ANI): The Directorate of Enforcement (ED), Jaipur Zonal Office, conducted search operations on Friday at several locations in Jaipur and Kota districts of Rajasthan under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in the case of the Debock Industries Ltd (DIL) Scam, said the release. https://x.com/dir_ed/status/1942196032122826765 The searches have been conducted at the residence and office of the Chairman, i.e. Mukesh Mahavar alias Mukesh ...Read More
Mumbai, July 7 (SocialNews.XYZ) The domestic benchmark indices opened marginally lower on Monday amid mixed global cues, as selling was seen in the metal, auto, IT, PSU bank, pharma and financial service sectors in the early trade. At around 9.28 am, Sensex was trading 75.59 points or 0.09 per cent down at 83,357.30 while the Nifty declined 18.25 points or 0.07 per cent at 25,442.75. According to analysts, concerns surrounding a US-India trade deal and the fallout of SEBI's report on Jane Stre...Read More