equity

In a new achievement, India has reclaimed the tag of the fourth largest global equity market from Hong Kong.The country's market capitalization grew 10 percent to $5.2 trillion (BSE-listed companies).In comparison, Hong Kong's equity market cap is $5.17 trillion, down 5.4 percent from this...

New Delhi, South Korean automaker Hyundai's Indian arm Hyundai Motor India Limited (HMIL) has filed preliminary papers with SEBI to launch an initial public offering (IPO).If the company's IPO is successful, it will be the largest IPO in India, surpassing LIC's Rs 21,000 crore share sale...

New Delhi [India], In a recent report, international rating agency Moody's has claimed that Prime Minister Narendra Modi's third term, which will end in 2029, will be India's decade. The rating agency's report said that the most important aspect of the BJP-led New Democratic Alliance (NDA)...

PNNMumbai (Maharashtra) [India], June 15: Durlax Top Surfaces Ltd., which specializes in manufacturing solid surface materials, has announced its plans to go public with an initial public offering (IPO) on June 19, 2024. The upper band is raised by Rs 40.80 crore through this IPO, the shares...

“The objective of the Offer is to complete the Offer for Sale of 142,194,700 (over 142 million) Equity Shares of face value of Rs 10 each by the Promoter Selling Shareholder and avail the benefits of listing the Equity Shares. Stock Exchange,” as per DRHP.Furthermore, "Our company expects that...

New Delhi, A day after Vodafone Idea announced that it will allocate Rs 2,458 crore of preferential equity to vendors Ericsson and Nokia for partial payment of dues, renowned banker Uday Kotak on Friday said the equity will be allocated to the creditors to pay their dues. Took a dig at the...

Mumbai, As India Inc moves towards becoming more inclusive, a report has revealed that diversity, equity and inclusion (DE&I) recruitment is set to increase by more than 25 per cent from 2022 to 2023.Sachin Alug, CEO of global technology and digital talent solutions provider NLB Services, said...

New Delhi [India], Bajaj Housing Finance has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise Rs 7,000 crore through fresh issue and offer for sale.According to the DRHP document, the first public offer will consist of an offer for sale (OFS) by Bajaj...

New Delhi, Luxury furniture brand Stanley Lifestyles on Friday said it plans to raise Rs 537 crore through its initial share sale, which will open for public subscription on June 21.The initial public offering (IPO), with a price band of Rs 351 to Rs 369 per share, will end on June 25. Bidding...

Mumbai: The rupee strengthened in a narrow range and closed 6 paise lower at 83.54 against the US dollar on Thursday, while both domestic equity benchmark indices hit all-time highs.Forex traders said the rupee remained resilient against the dollar despite volatility in the dollar index due to...

In a stock regulatory filing, the company said it will allot 102.7 crore shares (1.48 per cent) worth Rs 1,520 crore to Nokia Solutions & Networks India Pvt Ltd.The remaining over 63.7 crore shares (0.91 per cent) totaling Rs 938 crore will be given to Ericsson India Pvt Ltd, a non-promoter of...

Mumbai: The rupee consolidated in a narrow range and closed 7 paise lower at 83.55 (provisional) against the US dollar on Thursday, while both domestic equity benchmark indices hit all-time highs.Forex traders said the rupee remained resilient against the dollar despite volatility in the...

New Delhi: Piping solutions provider D Development Engineers Ltd on Wednesday said it plans to raise Rs 418 crore through its initial share sale, which will open for public subscription on June 19.The issue will close on June 21 with a price band of Rs 193-203. Bidding for anchor investors...

Mumbai: Benchmark equity indices climbed on Wednesday amid buying in blue-chip stocks HDFC Bank and Reliance Industries, with Nifty hitting its fresh record high and Sensex climbing nearly 600 points.Buying in IT shares also boosted the market.NSE Nifty rose 177.1 points or 0.76 per cent to...

Mumbai: Benchmark equity indices rose in early trade on Wednesday amid buying in blue-chip stocks Reliance Industries and Tata Consultancy Services.In early trade, the 30-share BSE Sensex rose 252.62 points to 76,709.21. NSE Nifty rose 82.25 points to 23,347.10.Among the 30 Sensex companies...

Mumbai: The rupee rose 5 paise to 83.54 against the US dollar in early trade on Wednesday amid positive sentiment in the domestic equity market.Forex traders said the rupee is trading in a tight range as all eyes are on the US May CPI print and Fed rate decision on the global front and India's...

New Delhi, Electric two-wheeler company Ola Electric has received capital markets regulator Sebi's approval to raise funds through an initial public offering (IPO) - the first issue by an automaker in the country in more than 20 years, people familiar with the matter said. Said on Tuesday...

New Delhi, Telecom operator Bharti Airtel has converted foreign debt bonds worth US$49.87 million issued in January 2020 into equity, the company said on Tuesday.Airtel had raised US$1,000 million in January 2020 through foreign currency convertible bonds, which were convertible into...

New Delhi [India], The Competition Commission of India (CCI) has approved Mitsubishi Corporation's acquisition of equity stake in TVS Certified Pvt Ltd and TVS Vehicle Mobility Solutions Pvt Ltd.According to the CCI press release, this decision is a development in the Indian market, enhancing...

Bengaluru (Karnataka) [India], Nitin Kamath, Founder and CEO of Zerodha, announced on social media platform This is evidence of the growing influence of retail investors in India's equity markets.Additionally, these investors are sitting on unrealized gains of Rs 1,00,000 crore with total...