New Delhi: Hydropower major NHPC on Tuesday said the board of its joint venture National High Power Test Laboratory Pvt Ltd (NH) has approved the proposal to transfer its 1.31 crore equity shares to Power Grid Corporation."Post the transaction, NHPC's equity stake in NH has increased from 20...
PNNAhmedabad (Gujarat) [India], June 11: Ahmedabad-based United CotFab Limited is engaged in manufacturing high quality recycled open-end cotton yarn obtained from cotton waste generated from spinning industry. Originally incorporated as United Cotfab LLP in 2015, is now entering the equity...
Ahmedabad (Gujarat) [India], June 11: Ahmedabad-based United CotFab Limited is engaged in manufacturing high quality recycled open-end cotton yarn obtained from cotton waste generated from spinning industry. Originally incorporated as United Cotfab LLP in 2015, is now entering the equity markets...
Mumbai: Benchmark equity indices Sensex and Nifty closed lower on Monday after hitting their all-time highs in early trade amid selling in bluechip IT shares and HDFC Bank.After breaching the 77,000-mark during early trade, the 30-share BSE Sensex came under selling pressure at the end of the...
New Delhi, Renewable energy company Kandy Solar on Monday announced that it has raised USD 38 million (about Rs 317 crore) in a funding round led by Norfund, Qden International and STOA to expand its business in India and Africa. Have done.The company said in a statement that its portfolio...
Net investment in equity mutual funds crossed the Rs 30,000 crore mark for the first time.Open-ended sectoral and thematic equity funds saw net purchases of Rs 19,213.43 crore in May.The total assets under management of the mutual fund industry stood at Rs 58.91 lakh crore."Major...
New Delhi: Driven by the contribution of thematic funds and intermittent reforms, equity mutual funds witnessed a surprise growth in May, reaching a record high of Rs 34,697 crore, up 83 per cent from the previous month. Is.This is the 39th consecutive month of net inflows into equity funds...
Now retail investors are the driving force in the market by taking the right decisions at the right time.They appear to be far ahead of foreign institutional investors (FIIs) and other big investors.For example, on June 3, there was a big rise in the market due to the exit poll. According to...
Mumbai: Benchmark equity indices hit their all-time high in early trade on Monday, rising for the fourth consecutive day as the Sensex crossed the 77,000-mark for the first time.The optimism in the markets is due to various factors, such as the Reserve Bank of India (RBI) raising the GDP...
PNNMumbai (Maharashtra) [India], June 8: Holani Venture Capital Fund, a Rs 300 crore SME focused fund, was launched in Jaipur on April 27, 2024 and promoted by a renowned name in the investment sector – The Holani Group – Is. Rs 184 crore within one month of launch i.e. till 27th May 2024...
New Delhi: Le Travelogue Technology Ltd, which operates travel booking platform ixigo, on Friday said it has raised Rs 333 crore from anchor investors ahead of the launch of its initial share sale for public subscription.According to a circular uploaded on BSE, the anchor investors who have...
Mumbai: The rupee on Friday rose 13 paise to 83.40 against the US dollar in line with a strong trend in domestic equity markets after the Reserve Bank of India (RBI) kept key policy rates unchanged.Forex traders said the weak US currency against major currencies overseas and low crude oil...
New Delhi, Singapore-based Nalanda Capital on Friday sold 1.2 per cent stake in energy and environment solutions provider Thermax for Rs 765 crore through an open market transaction.Investment firm Nalanda Capital sold Thermax shares on BSE through its associate Nalanda India Equity Fund Ltd...
Holani Venture Capital Fund to tap investment opportunities in the SME sector,The company's focused approach and deep understanding of the SME landscape enables it to identify promising businesses with high growth potential in the SME segment.This fund will contribute to the development of...
Mumbai: The rupee on Friday appreciated by 14 paise to 83.39 (provisional) against the US dollar in line with a strong trend in domestic equity markets after the Reserve Bank kept key policy rates unchanged.Forex traders said the weak US currency against major currencies overseas and low crude...
New Delhi: Le Travelogue Technology Ltd, which operates travel booking platform ixigo, on Friday said its existing shareholders have completed the sale of equity worth over Rs 176 crore in a pre-IPO round.ixigo co-founders Alok Bajpai and Rajneesh Kumar said in a conversation that those buying...
Mumbai: Benchmark equity indices rose in early trade on Friday, continuing their rally for the third consecutive day ahead of the RBI monetary policy decision to be announced later in the day.There was a positive trend in the market due to buying in IT shares.In early trade, the 30-share BSE...
Mumbai: Total deal activity declined 3 per cent to USD 5.023 billion in May compared to USD 5.192 billion in the previous month of April, a report said on Thursday.Mergers and acquisitions fell 58 per cent to US$1.05 billion during the month compared to US$2.526 billion in April, while the...
New Delhi: Shares of nine of the 10 listed Adani Group companies closed in positive territory on Thursday, continuing their winning streak for the second consecutive day, with Adani Energy rising over 5 per cent in line with the recovery in equity markets.On BSE, Adani Energy Solutions stock...
New Delhi [India], Indian markets are recovering from losses on the election results day. The Nifty 50 index rose 201 points, or 0.89 per cent, to 22,821.40, while the BSE Sensex rose 692 points to 75,074, showing a gain of 0.93 per cent.Among sectoral indices, except Nifty FMCG, Nifty Pharma...