Mumbai (Maharashtra) [India], June 6 (ANI): NSE Sustainability Ratings and Analytics, a defunct subsidiary of the stock exchange NSE, has launched ESG ratings services for listed companies. It marks a significant milestone in advancing sustainable business practices in India. Also Read | Startup Growth in India: Country Now Has 1.76 Lakh Registered Startups and 118 Unicorns, Says FM Nirmala Sitharaman. NSE Sustainability focuses on assessing Environmental, Social, and Governance (ESG) perform...Read More
Indian Renewable Energy Development Agency (IREDA) has launched a QIP to raise up to Rs 5,000 crore. The board has set the floor price at Rs 173.83 per share with a possible 5% discount. IREDA posted strong Q4 earnings with a 49% rise in net profit and continues to attract positive analyst attention despite a mixed yearly performance.Shares of state-owned Indian Renewable Energy Development Agency (IREDA) will be in focus on Friday after the company launched a qualified institutional placement (...Read More
HYDERABAD: CtrlS Datacenters Ltd has entered a strategic partnership with the Bombay Stock Exchange (BSE) to power critical data centre infrastructure for the premier financial institution that caters to over 11 crore investors and processes over 700 crore daily transactions.With trading transitioning to electronic platforms, reliable digital infrastructure has become essential for maintaining market integrity, ensuring transaction security, and providing seamless access to financial services.Th...Read More
New Delhi [India], June 5 (ANI): thyssenkrupp Marine Systems, one of the world's leading enterprises in the naval industry, is celebrating the start of a new phase in the company's development with the launch of a new brand. From now on, it will operate under the new brand name TKMS and the new claim 'Your Maritime Powerhouse'. According to a company release, the new name and the new brand represent an important milestone along the path to the independent positioning of TKMS. The rebranding of...Read More
Mumbai, May 21: Torrent Pharmaceuticals on Wednesday reported a 0.99 per cent quarter-on-quarter (QoQ) decline in its net profit for the fourth quarter (Q4) of FY25, with earnings dropping to Rs 498 crore from Rs 503 crore in the previous quarter (Q3 FY25). The homegrown pharma company's total expenses climbed to Rs 2,252 crore, an increase of nearly 4.70 per cent on sequential basis and 4.99 per cent year-on-year (YoY). The rise was driven by higher costs across key segments. The cost of mater...Read More
New Delhi, May 20: Fintech company MobiKwik has reported a wider consolidated loss of Rs 56.03 crore in the fourth quarter of the financial year 2024-25 (Q4 FY25), compared to a small loss of just Rs 67 lakh in the same quarter last fiscal (Q4 FY24). The company's loss also increased from Rs 55.2 crore in the previous quarter (Q3 FY25), according to its stock exchange filing. For the full financial year FY25, MobiKwik recorded a loss of Rs 121.5 crore. This is a major setback for the Gurugram-b...Read More
New Delhi, May 20 (SocialNews.XYZ) Fintech company MobiKwik has reported a wider consolidated loss of Rs 56.03 crore in the fourth quarter of the financial year 2024-25 (Q4 FY25), compared to a small loss of just Rs 67 lakh in the same quarter last fiscal (Q4 FY24). The company's loss also increased from Rs 55.2 crore in the previous quarter (Q3 FY25), according to its stock exchange filing. For the full financial year FY25, MobiKwik recorded a loss of Rs 121.5 crore. This is a major setback f...Read More
New Delhi, Jan 22 (PTI) Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Also Read | Ladki Bahin Yojana January 2025 Instalment Date: When Will Women Beneficiaries Receive INR 1,500 in Maharashtra?. Promoters Sunita Gupta, Mahesh...Read More
New Delhi, Jan 22 (PTI) State-owned Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reported a 20 per cent rise in December quarter net profit as margins rose. The company reported a consolidated net profit of Rs 3,805.94 crore in the October-December period of FY24, as against Rs 3,181.42 crore in the same period a year back, according to a stock exchange filing by the company. The profit was also up quarter-on-quarter when compared with Rs 2,297.23 crore in the July-September period. R...Read More
New Delhi, Jan 22 (PTI) Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Promoters Sunita Gupta, Mahesh Gupta, and Varun Gupta are offloading shares in the OFS. Overall, promoters hold 99.77 per cent stake in the company at presen...Read More
New Delhi: Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57.2 per cent drop in consolidated net profit for the December quarter to Rs 59 crore. The scrip of the company fell 11.81 per cent to Rs 212.50 apiece on the BSE. On the NSE, shares of Gurugram-headquartered Zomato depreciated by 9.99 per cent to hit its lower circuit level of Rs 215.80 per piece. On Monday, shares of Zomato settled more than 3 per...Read More
New Delhi, Jan 21 (PTI) Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57.2 per cent drop in consolidated net profit for the December quarter to ₹59 crore. The scrip of the company fell 11.81 per cent to ₹212.50 apiece on the BSE. On the NSE, shares of Gurugram-headquartered Zomato depreciated by 9.99 per cent to hit its lower circuit level of ₹215.80 per piece. On Monday, shares of Zomato settled more tha...Read More
New Delhi [India], December 15 (ANI): Godrej Agrovet informed stock exchanges that the Gujarat government has allotted area to it in three districts for the expansion of oil palm cultivation under the palm oil mission. Those three districts are Vadodara, Surat, and Tapi, the company informed stock exchanges in a filing late on Saturday. The filing didn't elaborate further details about the allotment of land. Also Read | NBA Cup 2024 Semifinal: Oklahoma City Thunder's Fiery Second Half Downs Ho...Read More
New Delhi [India], December 15 (ANI): Godrej Agrovet informed stock exchanges that the Gujarat government has allotted area to it in three districts for the expansion of oil palm cultivation under the palm oil mission. Those three districts are Vadodara, Surat, and Tapi, the company informed stock exchanges in a filing late on Saturday. The filing didn't elaborate further details about the allotment of land. India is the world's second-largest consumer and number one vegetable oil importer, an...Read More
Brookfield India Real Estate Trust's Rs 2,800- crore QIP has drawn interest from institutional investors such as India's biggest insurer Life Insurance Corporation of India (LIC), World Bank arm IFC and mutual funds such as ICICI Prudential MF and SBI MF, sources told Moneycontrol. The Canadian investment firm Brookfield-backed firm's QIP, with a base issue size of Rs 2,800 crore, saw a 2x demand from investors, the sources said. "This is the first time LIC and IFC have invested in a REIT in I...Read More
New Delhi, Dec 12 (PTI) The initial public offer of Inventurus Knowledge Solutions Ltd, which provides healthcare support services, got subscribed 1.36 times on the first day of share sale on Thursday. The initial share sale received bids for 1,40,74,698 shares against 1,03,66,780 shares on offer, as per NSE data. Also Read | RRB JE Exam 2024 Admit Card Out at rrbapply.gov.in: Hall Ticket for 7,951 Junior Engineer Posts CBT 1 Examination Released, Know Steps To Download. The Retail Individual...Read More
New Delhi, Dec 12 (PTI) The initial public offer of Inventurus Knowledge Solutions Ltd, which provides healthcare support services, got subscribed 1.36 times on the first day of share sale on Thursday. The initial share sale received bids for 1,40,74,698 shares against 1,03,66,780 shares on offer, as per NSE data. The Retail Individual Investors (RIIs) part fetched 1.67 times subscription, while the Qualified Institutional Buyers (QIBs) quota got subscribed 1.54 times. Non-Institutional Invest...Read More
New Delhi [India], December 12 (ANI): HDFC Bank on Thursday informed stock exchanges that market regulator SEBI has issued an administrative warning letter to the bank, alleging non-compliance with some rules. The warning letter was in relation to observations made during the course of its periodic inspection of investment banking activities undertaken by the bank, thereby alleging non-compliances with certain provisions of the SEBI (Merchant Bankers) Regulations, 1992, SEBI (Issue of Capital a...Read More
New Delhi [India], December 12 (ANI): HDFC Bank on Thursday informed stock exchanges that market regulator SEBI has issued an administrative warning letter to the bank, alleging non-compliance with some rules. The warning letter was in relation to observations made during the course of its periodic inspection of investment banking activities undertaken by the bank, thereby alleging non-compliances with certain provisions of the SEBI (Merchant Bankers) Regulations, 1992, SEBI (Issue of Capital a...Read More
Brookfield India Real Estate Trust's Rs 2,800- crore QIP has drawn interest from institutional investors such as India's biggest insurer Life Insurance Corporation of India (LIC), World Bank arm IFC and mutual funds such as ICICI Prudential MF and SBI MF, sources told Moneycontrol. The Canadian investment firm Brookfield-backed firm's QIP, with a base issue size of Rs 2,800 crore, saw a 2x demand from investors, the sources said. "This is the first time LIC and IFC have invested in a REIT in I...Read More
New Delhi, Dec 4 (PTI) Gold prices slipped below Rs 79,000 per 10 kg in the national capital on Wednesday due to poor offtake by stockists and retailers amid weak global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity fell by Rs 150 to Rs 78,850 per 10 grams. It had closed at Rs 79,000 per 10 grams in the previous session. Also Read | Naresh Balyan in Trouble: Delhi Police Seeks Arrest of AAP MLA in Fresh Case, Moves Court. Price of gold of 99...Read More
New Delhi: Gold prices slipped below Rs 79,000 per 10 kg in the national capital on Wednesday due to poor offtake by stockists and retailers amid weak global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity fell by Rs 150 to Rs 78,850 per 10 grams. It had closed at Rs 79,000 per 10 grams in the previous session. Price of gold of 99.5 per cent purity extended the losses for the third straight day, declining by Rs 150 to Rs 78,450 per 10 grams fro...Read More
New Delhi [India], December 3 (ANI): The automobile company Mahindra Electric Automobile Limited (MEAL) on Tuesday clarified its position on the lawsuit filed by IndiGo Airlines regarding the use of "6E" for its recently unveiled electric vehicle in the SUV segment. A spokesperson for the company stated that Mahindra does not see a conflict, as its mark is "BE 6e," not the standalone "6E," which IndiGo uses as its registered call sign under airline services. According to an Economic Times repo...Read More
Stock market today: Zee Entertainment Enterprises (ZEEL) share price climbed over 6 per cent to ₹132.15 on Friday, November 29 after shareholders rejected a proposal to reappoint Punit Goenka as a director of the company. The decision was made during the company's 42nd Annual General Meeting (AGM) on November 28, 2024. In a regulatory filing, ZEEL stated that the resolution to reappoint Goenka failed to secure the required majority. "Resolution No. 3 (Goenka's reappointment) failed to get the r...Read More
IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you're an investor looking for new opportunities or simply curious about the financial markets, our coverage provides essential information on IPO timelines, pricing, and performance post-listing. Stay i...Read More
New Delhi, November 27 (IANS): Former Attorney General and Senior Counsel Mukul Rohatgi on Wednesday criticised the indictment by a US court alleging bribery charges against the Adani Group, describing it as "completely silent" and lacking specifics. His comments followed a recent filing by Adani Green Energy Ltd. (AGEL) with the stock exchanges confirming that Adani Group Chairman Gautam Adani, his nephew Sagar Adani, and senior executive Vneet Jaain had been cleared of bribery charges by the ...Read More
Rahul Gandhi demanded Gautam Adani's arrest following US court charges, despite Adani Group's denial of bribery allegations. Gandhi emphasized the severity of the charges, contrasting them with arrests made for lesser offenses, and accused the government of shielding Adani.Congress leader and Leader of Opposition in the Lok Sabha, Rahul Gandhi on Wednesday said that it was expected that the AdGroup would be denying the charges made by the US court involving industrialist Gautam Adani. He further...Read More
The business reported a 45 per cent increase in net profit to Rs 775 crore on Tuesday for the July-September quarter over the same period last year due to higher revenues. Siemans India Shares zoomed more than 5 per cent on NSE (National Stock Exchange), after the company declared their quarterly earnings for July September quarter, which revealed their PAT (profit after tax) jumped 45 per cent. The siemens share price touched intraday high of Rs 7,622.95 per share on NSE (National Stock Excha...Read More
Adani Green says TotalEnergies' statement won't affect operations Adani Green Energy ADNA.NS said on Tuesday there is no new financial commitment under discussion with TotalEnergies TTEF.PA, a day after the French oil major said it was pausing new investments into the Adani Group over US bribery charges. TotalEnergies' move was the first major fallout after US authorities last week charged Adani's billionaire chairman, Gautam Adani, and seven other people, with agreeing to pay around $265 mill...Read More
Mumbai, November 26: The final allotment for the NTPC Green Energy IPO has been confirmed, and investors can now check their status through bank debit messages or online platforms such as the BSE, NSE, and Kfin Technologies. The shares of NTPC Green Energy, which opened for subscription on November 19 and closed on November 22, are set to be listed on the stock exchanges on Wednesday, November 27, 2024. The public offering received strong investor interest, with the issue oversubscribed by 2.42...Read More