Sai Life Sciences’ IPO subscribed 10.26 times
The initial share sale received bids for 39,85,59,690 shares against 3,88,29,848 shares on offer, as per NSE data.
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Premier Explosives signs MoU with Global Munition to form joint venture in defence and aerospace
Shares of Premier Explosives Ltd ended at ₹516.55, up by ₹46.55, or 9.90% on the BSE.
JK Paper board approves merger of 3 arms to consolidate presence
The scheme, approved in Friday’s meeting, involves the merger of three wholly-owned subsidiaries — Horizon Packs Private Ltd, Securipax Packaging Private Ltd, and JKPL Utility Packaging Solutions Private Ltd — into JK Paper Ltd. Shares of JK Paper Ltd ended…
MSEDCL files petition against JSW Energy’s invoice claims at MERC
This follows JSW Energy’s earlier disclosure on December 6 about its own petition to MERC seeking recovery of dues from MSEDCL. Shares of JSW Energy Ltd ended at ₹678.45, down by ₹6.90, or 1.01%, on the BSE.
Reliance Industries acquires 74% stake in Navi Mumbai IIA Private for ₹1,628 crore
CIDCO retains the remaining 26% stake in the company. With this acquisition, NMIIA has become a subsidiary of Reliance Industries. Shares of Reliance Industries Ltd ended at ₹1,273.35, up by ₹9.50, or 0.75%, on the BSE.
FIIs turn net buyers on 3 trading days of week, infusing ₹5,329.92 cr in equities
FIIs were net buyers on three out of the five trading days, purchasing a total of ₹5,329.92 crore worth of equities, while DIIs showed a more cautious stance, with net selling of ₹1,504.88 crore over the same period.
Aurobindo Pharma arm CuraTeQ gets European body’s nod for filgrastim biosimilar
The CHMP recommendation is a critical step towards obtaining marketing authorisation for filgrastim biosimilar Zefylti in the European Union. Zefylti treats neutropenia and the mobilisation of peripheral progenitor cells (PBPCs). Shares of Aurobindo Pharma Ltd ended at ₹1,207.95, down by…
Andhra High Court stays ₹1,334-crore penalties on Jaiprakash Power Ventures
The penalties, imposed by the Department of Mines & Geology (DMG), stemmed from allegations of illegal sand extraction, storage, transportation, and sale. Shares of Jaiprakash Power Ventures Ltd ended at ₹18.85, up by ₹0.14, or 0.75%, on the BSE.
Zomato issues 57 page GST evasion order demanding ₹803 crore
CNBC-TV18 has accessed the 57-page demand notice, where the authorities have claimed that a non-payment of over ₹400 crore along with a penalty of over ₹400 crore and interest needs to be paid by Zomato to the tax authorities.
Bharat Forge arm Kalyani Strategic acquires 25% stake in Italy’s Edgelab for €2.5 million
Edgelab, founded in 2010 and headquartered in La Spezia, is an innovative SME with expertise in designing and manufacturing hi-tech vehicles in the field of marine robotics. Shares of Bharat Forge Ltd ended at ₹1,346.50, down by ₹6.35, or 0.47%,…