Piramal Finance’s board approved the issuance of up to 82.94 lakh warrants, with each warrant carrying the right to subscribe to one fully paid-up equity share of face value ₹2. The warrants will be issued at ₹2,110 each, including a…
LT Foods shares hit a one-year high of ₹487, up 13% by midday on August 24. The rally coincides with gains in other basmati stocks too.
George Joseph, CIO & CEO (Equity) at ASK Investment Managers, sees large caps making a strong comeback as FII selling eases, the rupee remains stable and India’s positioning among emerging markets improves. He favours private banks, IT and pharma, while…
According to Spanish media reports, the Indian visa services company BLS International has been drawn into a Spanish National Court investigation with links to an alleged visa fraud network at Spain’s consulate in Algiers.
L&T secured an ultra-mega order (over ₹15,000 crore) for a gas compression facilities project in West Asia, its 3rd this month.
Today at market opening, some Nifty 500 stocks rallied on a policy notification, a stock options grant and an AI-focused strategy update, while others slid on a regulatory inspection finding and profit booking. Check out which stocks were the top…
Under the proposed scheme of amalgamation, shareholders of Oriental Hotels will receive 25 shares of Indian Hotels for every 117 shares held. The swap ratio values Oriental Hotels at an 8.5% premium to its previous closing price, according to the…
On August 21, Vishal Mega Mart’s board approved Kapur’s reappointment for five years from September 1, 2026, through August 31, 2031, subject to shareholder approval. He will also be redesignated as Founder, Managing Director & Chief Executive Officer of the…
Garden Reach Shipbuilders & Engineers will invest ₹2,670 crore in three new facilities at Raichak, Shalimar and Kidderpore Docks in West Bengal, with the largest ₹2,500-crore project at Raichak set to support construction of warships up to 200 metres and…
SEBI is proposing a major overhaul of how securities law violations are settled, replacing its existing formula with a system tied to statutory penalties and the seriousness of each case. The regulator estimates average settlement amounts could fall to about…