Vijay Kedia buys stake in VIP Industries through his firm but it comes with a caveat
Shares of VIP Industries have already risen 16% in the last two trading sessions but still remain in the red for 2024.
Uncategorized
Western ETF investors poised to heap fuel on gold’s record rally
Gold prices have surged some 27% so far this year to vault $2,600 per ounce, benefiting directly from looser central bank monetary policy and pockets of geo-political tension.
Deutsche Bank said to hire Moelis’ Mazumder for India dealmaking
India has turned into a hotspot for dealmaking activity as around $9 billion has been raised via IPOs this year, according to data compiled by Bloomberg. The volume of deals involving Indian companies has climbed 28% to almost $78 billion,…
KEC International launches QIP today, sets floor price at ₹976.64 per share
Shares of KEC International Ltd ended at ₹983.45, up by ₹38.40, or 4.06% on the BSE.
PC Jeweller to consider stock split on September 30
Shares of PC Jeweller Ltd ended at ₹151.00, up by ₹4.55, or 3.11% on the BSE.
Congress sees red over SBI’s alleged decision on Supreme Infra, seeks RBI intervention
In an exchange filing on Tuesday, the company said its Board will take up various matters such as issuance of equity shares/Warrants to promoters and lenders. “To consider the proposal for issuance of equity shares on preferential basis upon conversion…
Hyundai Motor India IPO: South Korean auto major’s application gets SEBI nod
The SEBI nod marks a crucial step for Hyundai Motor India as it seeks to expand its footprint in the competitive Indian market and enhance shareholder value.
Zee Media Corporation to consider fundraising options on September 27
Shares of Zee Media Corporation Ltd ended at ₹13.95, down by ₹0.13, or 0.92% on the BSE.
Indian investors chase big returns and tax perks post-COVID: Study reveals
Degree of returns, regularity of returns and tax benefits are the significant factors influencing the post-COVID investment decisions, said a study jointly conducted by PHD Chamber of Commerce and Industry and Jagan Institute of Management Studies (JIIMS), Rohini.
MCX revises transaction fees for futures & options after SEBI directive
MCX said the new transaction fees align with a SEBI directive which called for a “True to Label” principle, meaning that the fees charged to clients by members must match what the Exchange charges.