The three-day issue saw overall subscription of 22 times the total shares on offer. Bids were placed for 197.83 crore shares, in comparison to the…

Rana Gupta, Senior Portfolio Manager and India Equity Specialist at Manulife Investment Management expects the Reserve Bank of India to cut rates in April.

In June this year, Ambuja had also announced the acquisition of Penna Cement Industries for an enterprise value of ₹10,422 crore.

Shareholders of the Chennai-based water treatment solutions company have had two great years back-to-back. The order from Saudi Arabia, which got cancelled, accounted for over…

The Supreme Court earlier, had already approved states to collect mining taxes retrospectively from 2005.

Investors participating in the Vishal Mega Mart IPO had placed bids for over ₹1.6 lakh crore during the three-day bidding period.

All three investor categories placed bids worth over 100 times the total number of shares on offer for each category. 

Shares changed hands at an average price of ₹628 per share, which takes the total transaction value to ₹276 crore.

Vahan data shows there has been a major fall in the two-wheeler category with registrations down 24%. While passenger vehicles or cars are also expected…

Baig expects the US Federal Reserve to cut interest rates at its final 2024 policy meeting on December 17-18, which comes just weeks before Donald…