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Traders noted that the central bank likely intervened in the forex market on Thursday (July 31) to prevent a sharper slide in the rupee.

Lotus Developers IPO: The surge in subscription demand for the IPO was largely driven by non-institutional investors (NIIs), who booked their allotted quota 27.19 times. Retail investors followed with a 12.03 times subscription, while qualified institutional buyers (QIBs) subscribed 8.74…

Ashok Chandra, Managing Director and CEO of Punjab National Bank, said the bank holds over 28% stake in PNB Housing Finance and has remained invested for many years. “I have firm belief that this company is growing fast, and this…

Shanti Gold International IPO Listing: The 22kt CZ casting gold jewellery maker will spend ₹46.3 crore of IPO proceeds for setting up of the proposed Jaipur facility, and ₹200 crore for working capital requirements. Further, ₹17 crore will be used…

Shares of Aditya Infotech are scheduled to be listed on the NSE and BSE on Tuesday, August 5.

Sun Pharma which derives around 20% of its revenues from innovative drugs sold in the US said that they had not received any such communication.

In India, 24 karat gold is priced at ₹9,982 per gram, while 22 karat gold stands at ₹9,150 per gram and 18 karat gold at ₹7,487 per gram, according to Goodreturns.

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Suzlon Energy informed the exchanges that it has won a 381 MW order from Zelestra India and its affiliates, for its first ever Firm and Dispatch Renewable Energy (FDRE) project.

Brokerage firm Morgan Stanley has maintained its “buy” recommendation on PNB Housing Finance but cut its price target to ₹1,100 from ₹1,300 earlier.