Bharat Electronics secures MCA approval for joint venture with Israel Aerospace Industries
Shares of Bharat Electronics Ltd ended at ₹293.35, up by ₹3.00, or 1.03% on the BSE.
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BSE revises transaction charges for Sensex, Bankex options from October 1
Specifically, the transaction charges for Currency Futures, including cross-currency futures, will be revised to ₹45 per crore of turnover value. Notably, there will be no changes to the transaction charges for Currency Options, which will continue to be ₹100 per…
It happened over lunch: Zomato CFO Akshant Goyal sheds light on company’s decision to go public
In a conversation with CNBC-TV18’s Managing Editor Shereen Bhan, Akshant Goyal, CFO of Zomato, provided insight into the company’s decision to go public during the COVID-19 pandemic.
Hyundai must preserve youthful spirit and consumer-centric approach as it prepares for IPO, says Former President BVR Subbu
Hyundai’s IPO comes at a time when the automotive industry is facing a challenging landscape, with an anticipated growth of only 3% in FY25. Despite its strong market share and a robust portfolio of SUVs, including the Creta, Hyundai must…
Adani Energy transfers Adani Dahanu Thermal Power Station to subsidiary
The agreement facilitates the transfer of the Adani Dahanu Thermal Power Station (ADTPS) from AEML to NMPL through a slump sale on a going concern basis. Shares of Adani Energy Solutions Ltd ended at ₹1,014, down by ₹22.45, or 2.17%,…
PNB raises ₹5,000 crore via QIP to strengthen capital base
The QIP, which launched on September 23 and closed on September 26, received an overwhelming response from the market. Shares of Punjab National Bank ended at ₹109.25, up by ₹1.95, or 1.82%, on the BSE.
Apollo Hospitals sells 16.9% stake in subsidiary Apollo Healthco for ₹2,475 crore to Rasmeli
The deal, valued at ₹2,475 crore, will be executed in two tranches, reducing Apollo Hospitals’ stake in Apollo Healthco from 94.91% to 78.879%, on a fully converted basis. Shares of Apollo Hospitals Enterprise Ltd ended at ₹7,239, up by ₹75.10,…
BVR Subbu on Hyundai India’s $3 billion IPO: ‘Going public means greater scrutiny’
Sources had earlier told CNBC-TV18 that the company is working towards filing its Draft Red Herring Prospectus (DRHP) papers with the Securities and Exchange Board of India (SEBI) by May for an IPO and hopes to go public in the third…
KRN Heat Exchanger IPO subscribed 213 times on Day 3, GMP at 125%
In the grey market, shares of KRN Heat Exchanger were trading at ₹274, representing a 125% premium. Ahead of the issue opening, the company raised ₹100 crore from anchor investors.
Vijay Shekhar Sharma’s biggest regret: ‘We chose the wrong bankers for Paytm IPO’
Paytm founder Vijay Shekhar Sharma reflects on his journey, sharing his biggest regret about Paytm’s IPO, his challenges with funding, and how demonetisation became the turning point for the company.