equity

  1. The rupee fell 9 paise to 83.27 against the US dollar in early trade.

    Mumbai: The rupee fell 9 paise to 83.27 against the US dollar on Wednesday due to negative trend in domestic equities and higher crude oil prices.Forex traders said the local unit faced some resistance due to weak sentiment in the domestic equity market and strengthening of the US currency in...
  2. After the merger, 35.3 crore VIL shares held by Birla TMT Holdings were transferred to Birla Group Holdings.

    New Delhi: After the NCLT approved the amalgamation plan related to certain entities, about 35.37 crore shares or 0.52 per cent stake of Vodafone Idea held by Birla TMT Holdings has been transferred to Birla Group Holdings, although Aditya Birla Group has stake in the telco. The total...
  3. Hindalco firm Novelis Inc to launch US$945 million IPO

    New Delhi: US-based Novelis Inc, part of Hindalco Industries, will launch an initial public offering (IPO) to raise up to US$945 million, giving it an estimated equity valuation of up to US$12.6 billion.In the proposed public issue, approximately 45 million shares will be sold by Novelli...
  4. Strong fundamentals behind stock market rally, focus on long-term investments: Experts

    New Delhi: Experts said the current rally in the stock market is due to strong fundamentals and robust corporate earnings and retail investors may look for buying opportunities to accumulate quality stocks.Benchmark Sensex touched 76,000 for the first time on Monday, while Nifty hit a new...
  5. Rupee fell 5 paise to close at 83.18 against US dollar

    Mumbai: The rupee on Tuesday lost early gains and closed 5 paise lower at 83.18 (provisional) against the US dollar amid a negative trend in the domestic equity market and demand for the dollar from importers at lower levels.Forex traders said higher crude oil prices weighed on investor...
  6. 80 percent of Indian employers believe technology has increased flexibility, helping promote gender equality

    The report by global staffing firm ManpowerGroup India is based on a survey on the status of diversity, equity, inclusion and belonging (DEIB) initiatives across industries and levels within organizations in the country.The survey examined 3,150 Indian employers and revealed that more...
  7. Z-Tech (India) Limited IPO to open on 29 May 2024

    PN Mumbai (Maharashtra) [India], May 28: Z-Tech (India) Limited, a leader in innovative engineering solutions, sustainable theme parks and water waste management, announced its plans to go public with an Initial Public Offering Is. (IPO) on May 29, 2024. The company aims to raise Rs 37.30 crore...
  8. LIC quarterly results: Profit increased by 4.5 percent, final dividend declared at Rs 6 per share.

    New Delhi [India], Public sector insurance company LIC (Life Insurance Corporation of India) posted a net profit of Rs 13,781.59 crore for the quarter ending March 31, 2024. The company's net profit increased by 4.5 percent to Rs 13,190.79 crore. LIC had recommended a final dividend of Rs 6 per...
  9. Adani Energy Solutions board approves Rs 12,500 crore fundraising plan

    New Delhi: The board of Adani Energy Solutions on Monday approved a proposal to raise up to Rs 12,500 crore by issuing equity shares on qualified institutional placement basis or through other means.According to the regulatory filing, the company will seek shareholders' approval at the...
  10. Adani Energy Solutions' board has approved raising up to Rs 12,500 crore through equity shares.

    New Delhi: The board of Adani Energy Solutions on Monday approved a proposal to raise up to Rs 12,500 crore through qualified institutional placement of equity shares or other modes.According to the regulatory filing, the company will seek shareholders' approval at the upcoming annual general...
  11. Adani Energy Solutions board approves raising Rs 12,500 crore through QIP

    Mumbai (Maharashtra) [India], The board of directors of Adani Energy Solutions (AESL) has approved raising Rs 12,500 crore by issuing multiple equity shares of face value Rs 10 each. "At the meeting held on May 27, 2024, which began at 2.30 pm and ended at 4.00 pm, it decided to raise funds by...
  12. Nifty closes flat amid volatility after Sensex hits all-time high

    New Delhi [India], Indian equity indices, Nifty50 and Sensex hit historic highs on Monday led by gains in private banking stocks, with S&P BSE Sensex breaching the landmark 76,000 mark for the first time at 76,010, while NSE Nifty50 at Has reached. At the end of Monday's trading session, the...
  13. India Property Awards 2024 celebrates excellence in real estate in Bangalore

    VMP Bangalore (Karnataka) [India], May 27: 9th Edition of India Property Awards & Summit 2024 presented by International Brand Equity - Internationalbrandequity.com , Ibemedia.in and realtyinfratimes.co The extraordinary achievements of the Indian real estate sector were recognized and...
  14. Shobha is looking to raise equity capital to Rs 10,000 crore in 5 years; Rights issue worth Rs 2,000 crore planned in FY25

    New Delhi, Realty firm Sobha Ltd is looking to quadruple its equity capital to Rs 10,000 crore over the next five years to support future expansion plans and raise about Rs 2,000 crore through a rights issue this fiscal. Preparing to launch.Bengaluru-based Sobha Limited is part of the Sobha...
  15. Nazara Tech promoter sells 6.38 percent stake to existing investor Plutus Wealth Management

    New Delhi, Nazara Technologies promoter Mater Infotech has sold 48.8 lakh equity shares, 6.38 per cent stake, to existing investor Pluto Wealth Management through a block deal, according to a release on Monday.The promoters of Nazara Technologies will retain control of the company, with Nitish...
  16. Zypp Electric raises $15 million to expand company's fleet, domestic operations

    The round was led by Japanese major ENEOS, with participation from existing investors 9Unicorns, IAN Fund, Venture Catalyst, WFC and others.Co-Founder and CEO Akash Gupta said, “Our commitment to reduce emissions and drive better lives for our partners and customers remains stronger than ever...
  17. Zypp Electric raises US$15 million funding from Japanese firm ENEOS

    Mumbai: EV-as-a-service platform Zypp Electric on Monday said it has raised US$15 million funding from Japanese firm ENEOS.The Series C funding includes US$15 million in equity closing, as part of its ongoing US$50 million funding round, which consists of US$40 million in equity and US$10...
  18. Rights worth Rs 38.83 crore of Franklin Industries Limited opened from May 24

    PN Ahmedabad (Gujarat) [India], May 27: Gujarat-based Franklin Industries Ltd's rights issue worth Rs 38.83 crore (BSE 540190) which is engaged in trading of agricultural commodities and contract farming services, opened for subscription on May 24, 2024. The funds raised through the issue will...
  19. Franklin Industries Limited's Rs. 38.83 crore rights opened from 24th May

    Ahmedabad (Gujarat) [India], May 27: Rs. Rights issue of Rs 38.83 crore of Gujarat-based Franklin Industries Limited (BSE – 540190), engaged in trading of agricultural commodities and providers of contract farming services, has opened for subscription on May 24, 2024. The funds raised through...
  20. Despite continued selling pressure by FPIs, Indian markets are at all-time high

    New Delhi [India], Indian markets remain under selling pressure and FPI (Foreign Portfolio Investment) sales during May have stood at Rs 17,84 crore so far this month. National Securities Depository Limit (NSDL) data shows that net FPI investment is negative for May. The biggest selling pressure...