Just in September, the company secured $210 million in funding at a valuation of $2.8 billion. In less than a year, PhysicsWallah has set its sights on nearly doubling that valuation to $5 billion. This move comes despite the company…
The demerger of ITC’s hotels business into ITC Hotels, sanctioned by the NCLT, is set to take effect on January 1, 2025. January 6, 2025, has been fixed as the record date to identify ITC shareholders eligible for allotment of…
The Ministry of Defence signed a second contract, worth ₹877 crore, with Naval Group of France. Shares of Mazagon Dock Shipbuilders Ltd ended at ₹2,266.25, down by ₹42.45, or 1.84%, on the BSE.
Tata Sons, which was first classified as an NBFC-upper-layer entity in September 2022, has time until September 2025 in order to go public.
Adani Enterprises will raise over $2 billion from this transaction overall, which is expected to be consummated before March 31, 2025.
A total of 59 companies, including Swiggy and Hyundai, will have their pre-listing shareholder lock-ins lifted during the period of December 13 until February 28, 2025, according to a note from Nuvama Alternative & Quantitative Research.
Among the biggest laggards, the auto stocks slipped 1.4% while shares in the financial services sector were down 0.9%
The business transfer agreement has mentioned that the cables business will be held 100% through the wholly owned subsidiary KEC Asian Cables, and 95% directly by KEC International.
Pre-Hindenburg, Ventura had a price target of ₹5,999. The volatility post the Hindenburg report and the delay in the green hydrogen project has impacted the stock’s valuations, according to Ventura.
The CIO of Emkay Investment Managers, which oversees ₹750 crore in assets, expects rupee depreciation to be a key driver of sectoral performance in 2025, primarily benefiting IT and pharma.