investment

New Delhi, March 24 The initial public offering of Central Mine Planning & Design Institute Ltd, a subsidiary of state-owned Coal India, was fully subscribed on the final day of bidding on Tuesday.The IPO, worth Rs 1,842 crore, received bids for 8,37,16,560 shares, against 7,97,89,500 shares...

New Delhi, March 24 The initial public offering of Sai Parenteral's Ltd, a diversified pharmaceutical formulation company, received 4% subscription on the first day of bidding on Tuesday.According to NSE data, the IPO received bids for 3,35,350 shares against 75,22,486 shares on offer.The...

New Delhi, March 24 Shares of agrochemical company GSP Crop Science Ltd closed with a premium of over 11 per cent against the issue price of Rs 320 on Tuesday.The stock started trading at Rs 332.30, up 3.84 per cent from the issue price on the BSE. During the day, it jumped 13.62 per cent to...

Mumbai, March 24 – The benchmark stock indices, Sensex and Nifty, rebounded by nearly 2% on Tuesday, driven by a relief rally in Asian markets following US President Donald Trump's announcement of a temporary halt to strikes targeting Iranian energy infrastructure.The 30-share BSE Sensex rose...

New Delhi, March 24 The IPL franchise, Rajasthan Royals, is set to be sold to a US-based consortium led by Kal Somani for a staggering USD 1.63 billion (approximately Rs 15,290 crore).The Somani-led consortium includes Rob Walton from the Walmart family and the Hamp family (Ford). Somani is a...

New Delhi, March 24: The inaugural champions of the Indian Premier League (IPL), Rajasthan Royals (RR), have been sold to a consortium led by Kal Somani for USD 1.63 billion.Renowned commentator Harsha Bhogle shared a post on X, "Rajasthan Royals are sold for USD 1.63 billion. For comparison...

New Delhi, March 25 The market regulator, Sebi, proposed on Tuesday the introduction of gift cards or gift prepaid payment instruments (PPIs) for investments in mutual funds to improve financial inclusion by onboarding new investors in the sector.Under the proposal, the purchaser of a Gift PPI...

New Delhi, March 24 Temasek-backed hospital chain Manipal Health Enterprises has filed preliminary papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO), involving a fresh issuance of shares worth Rs 8,000 crore.Besides the fresh issuance...

New Delhi, March 24 Maruti Suzuki India announced on Tuesday that it will invest ₹10,189 crore to set up a 2.5 lakh production capacity in the first phase at its new manufacturing plant in Gujarat.The company stated that its board has approved the addition of the first phase of 2.5 lakh...

March 24, New Delhi - Global markets are experiencing significant fluctuations due to evolving developments in the Middle East.Oil prices also rebounded, with Brent crude rising to around $100 per barrel and US crude nearing $89.84, although volatility persists due to ongoing tensions and...

New Delhi, March 24 OZi, a quick-commerce platform for baby and kids products, has raised USD 6.2 million (approximately Rs 58 crore) in a Series A round led by RTP Global, with participation from existing investors Blume Ventures, Huddle Ventures, and Zeropearl VC.The Series A round follows...

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...

Mumbai, March 24 Japanese tyre maker Bridgestone is looking to sustain its strong growth momentum in India and expects a compounded annual growth rate (CAGR) of around 67 per cent in gross sales over the next five years, its managing director Rajarshi Moitra has said.He also said that the...

Visakhapatnam, March 23 – Prime Minister Narendra Modi on Monday hailed ArcelorMittal Nippon Steel (AMNS) India’s mega integrated steel plant as a major milestone in Andhra Pradesh’s development journey and said it would create opportunities for young people and position the state as a hub of...

New Delhi, March 23 The initial public offering of Central Mine Planning & Design Institute Ltd, a subsidiary of state-owned Coal India, received 25 per cent subscription on the second day of bidding on Monday.According to NSE data, the IPO received bids for 2,02,84,720 shares against...

Bhopal, March 23 Madhya Pradesh Chief Minister Mohan Yadav said on Monday that the state will soon launch its 'AI Mission' to improve governance, enhance transparency, and make services more citizen-friendly.The chief minister made the announcement during an informal discussion with ministers...

Visakhapatnam, March 23 Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal inaugurated the largest shopping mall here on Monday.The Union Minister emphasized the central government's commitment to unlocking the potential of commercial land and promoting investments through...

Mumbai, March 23 The benchmark indices Sensex and Nifty plummeted on Monday, in line with a very weak trend in global markets, as the war in the Middle East showed no signs of slowing down.Rising crude oil prices due to the war, which has entered its fourth week, relentless foreign fund...

New Delhi, March 23 Gold prices plummeted sharply by more than 10 per cent to Rs 1.29 lakh per 10 grams in futures trading on Monday amid a global sell-off in precious metals driven by macroeconomic pressures.On the Multi Commodity Exchange, the yellow metal fell by Rs 14,897, or 10.3 per...

New Delhi, March 23 Coal and Mines Minister G Kishan Reddy informed the Rajya Sabha on Monday that seven coal gasification projects, with an investment of Rs 64,000 crore, will be set up in Maharashtra, Odisha, and West Bengal, and this will help in reducing the import of energy products.In...