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    SM REIT IPO to Fund Ahmedabad Property

    New Delhi, March 30 Property Share Investment Trust, the country's first registered Small and Medium Real Estate Investment Trust (SM REIT), announced on Monday that the IPO of PropShare Celestia, worth Rs 244.65 crore, will open on April 10.The issue, with a price band of Rs 10-10.50 lakh per...
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    Investor Summit in Bhubaneswar: Resolving Unpaid Dividends

    New Delhi, March 26 The capital markets regulator, Sebi, and IEPFA will jointly organize the sixth "Investor Summit" in Bhubaneswar on March 27 to help investors resolve issues related to unpaid dividends and unclaimed shares.The investor summit will be held in collaboration with Market...
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    BNP Paribas Acquires Stake in Adani Green Energy

    New Delhi, March 24 French multinational BNP Paribas bought 6.9 lakh shares of Adani Green Energy from Morgan Stanley for nearly Rs 56 crore through open market transactions on Tuesday.According to BSE block deal data, BNP Paribas, through its affiliate BNP Paribas Financial Markets, purchased...
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    Infrastructure Trust IPO Sees Positive Start

    New Delhi, March 24 Units of the Raajmarg Infra Investment Trust, sponsored by the State-owned National Highways Authority of India, ended nearly 7 per cent higher on its debut trading on Tuesday.The unit started trading at Rs 108, up 8 per cent from the issue price of Rs 100 on the BSE. It...
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    Escorts Kubota Expands Production with New Manufacturing Facility

    New Delhi, March 24 Farm and construction equipment firm Escorts Kubota announced on Tuesday that it has been allocated a 154-acre plot by the Yamuna Expressway Industrial Development Authority to set up a new manufacturing plant.The land is located in Sector-10 of the Yamuna Expressway...
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    Infrastructure InvIT IPO Sees Strong Trading

    New Delhi, March 24 Units of the state-owned National Highways Authority of India-sponsored Raajmarg Infra Investment Trust jumped 8 per cent in their trading debut on Tuesday.The units started trading at Rs 108, up 8 per cent from the issue price of Rs 100 on the BSE.At the NSE, it rose by...
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    Agrochemical Company GSP Crop Science Lists with Premium

    New Delhi, March 24 Shares of agrochemical company GSP Crop Science Ltd were listed on Tuesday at a premium of nearly 4 per cent against the issue price of Rs 320.The stock started trading at Rs 332.30, up 3.84 per cent from the issue price on the BSE. Later, it jumped 13.21 per cent to Rs...
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    Svatantra Microfin Acquires Chaitanya India Fin

    New Delhi, March 23 Svatantra Microfin Pvt Ltd announced on Monday that it has completed its merger with Chaitanya India Fin Credit Pvt Ltd (CIFCPL) and Svatantra Holding Pvt Ltd following approval from the NCLT.The approval for the amalgamation was granted by the National Company Law Tribunal...
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    Innovision IPO Performance Below Expectations

    New Delhi, March 23 Shares of Innovision Ltd, a provider of manpower and toll plaza management services, closed over 28 per cent lower than the issue price of Rs 519 on Monday.The stock started trading at Rs 466, a decline of 10.21 per cent from the issue price on the BSE. Later, the stock...
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    Thomas Cook to Split Resorts into Sterling Holidays

    New Delhi, March 20 Thomas Cook India Limited announced on Friday that it will separate its resorts and resort management business into Sterling Holiday Resorts Limited (SHRL), paving the way for the future listing of the company's wholly-owned subsidiary.The Board of Thomas Cook (India)...
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    Investment Activity in DLF: Goldman Sachs, ICICI Purchase Shares

    New Delhi, March 20 Goldman Sachs and ICICI Prudential Mutual Fund collectively purchased over 43.40 lakh shares of real estate major DLF for nearly Rs 231 crore through open market transactions on Friday.According to BSE block deal data, Goldman Sachs, through its affiliate Goldman Sachs...
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    Powertech Ltd Seeks Investment via Initial Public Offering

    New Delhi, March 20 Integrated power infrastructure EPC company, Polite Powertech Ltd, has filed its Draft Red Herring Prospectus (DRHP) with the market regulator, SEBI, to raise funds through an Initial Public Offering (IPO).The IPO comprises a fresh issue of 1 crore equity shares and an...
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    Rajputana Stainless IPO Performance Below Initial Buzz

    New Delhi, March 19 Shares of Rajputana Stainless Ltd, a manufacturer of long and flat stainless-steel products, closed over 7 per cent lower on Thursday, its first day of trading against the issue price of Rs 122.The stock closed at Rs 112.90, down 7.45 per cent on the BSE. Earlier in the...
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    India's Equity Market Experiences Sharp Reversal Amid Energy Concerns

    New Delhi, March 19 – Equity investors' wealth eroded by ₹12.87 lakh crore on Thursday as stock markets plunged, with the benchmark Sensex falling by over 3%, driven by a spike in crude oil prices due to increasing attacks on energy infrastructure in West Asia.Investors have lost over ₹37 lakh...
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    Stock Markets Plummet Amid Rising Oil Prices and Geopolitical Concerns

    Mumbai, March 19 Benchmark stock indices Sensex and Nifty plummeted by over 3 per cent to close at almost one-year lows on Thursday as a sharp jump in crude oil prices and weak global trends, amid escalating strikes on energy infrastructure in West Asia, unnerved investors.Breaking its...
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    BCCL Records Record Coal Booking Under Discount Scheme

    New Delhi, March 19 A subsidiary of Coal India, BCCL, announced on Thursday that it had achieved a record single-day booking of approximately 2.37 lakh tonnes of coal under its special discount scheme, aimed at clearing existing stockpiles.Under the scheme, discounts ranging from ₹100 to ₹600...
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    Edtech Firm Physicswallah to Challenge Tax Assessment

    New Delhi, March 18 Edtech firm Physicswallah has received a notice from the Income Tax Department demanding Rs 263.34 crore for the assessment year 2023-24.The demand was raised after the Income Tax Department treated the funds received by the company from investors, including funds from...
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    Investment Activity Drives Urban Company Stock Increase

    New Delhi, March 18 Shares of Urban Company surged by over 13 per cent on Wednesday after SBI Mutual Fund acquired a stake of nearly 4 per cent for Rs 632 crore.The stock rebounded sharply, rising 13.20 per cent to Rs 124.35 per share on the BSE and increasing 13.01 per cent to Rs 124.43 on...
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    Maruti Suzuki Faces Rs 5,786 Cr Income Tax Order

    New Delhi, March 17 Maruti Suzuki India (MSI) said on Tuesday that it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority, and the company will challenge the order."The company has received a Draft Assessment Order for FY 2022 – 23, in which certain...
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    Maruti Suzuki Faces Rs 5,786 Cr Income Tax Order

    New Delhi, March 17 Maruti Suzuki India (MSI) said on Tuesday that it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority, and the company will challenge the order."The company has received a Draft Assessment Order for FY 2022-23, wherein certain...
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