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Fook Hien Yap, a Senior Investment Strategist at Standard Chartered Bank likes the financials sector in India.

The record date for determining the entitlement of equity shareholders to the dividend, if approved, has been set for Wednesday, October 16. Shares of Vedanta Ltd ended at ₹479.60, up by ₹9.35, or 1.99%, on the BSE.

The stake was offloaded between September 17 and 23, 2024, the filing said. Over 1.81 crore shares with voting rights were sold under the transaction. Carlyle now hold 2.99 crore shares in the air carrier.

Rosa Power aims to settle its remaining debt in the next quarter, completing the process before the end of FY25. Shares of Reliance Power Ltd ended at ₹42.06, up by ₹2, or 4.99%, on the BSE.

The Maharashtra-based company is going to utilise the net fresh issue funds to augment its capital base to meet future capital requirements.

The newly-introduced systems are RCWS –­ 7.62 x 51 MMG (Parashu), tank mounted RCWS – 12.7 x 108 HMG (Fanish), naval RCWS – 12.7 x 99 HMG (Sharur), and artillery rugged camera (Durgam). Shares of Zen Technologies Ltd ended at…

Gold and silver prices have drawn investor interest amid ongoing economic uncertainties. However, experts warn that a potential market correction could be on the horizon.

LeapFrog Investments, a private equity firm that targets sectors such as financial services, healthcare, and insurance, with an aim to achieve both financial returns and social impact, invests across Asia and Africa, with India as its largest market. .

Cipla Jiangsu was established in China on August 8, 2019, as a joint venture between Cipla EU, which currently holds 93.0876% equity, and Jiangsu Xidi Pharmaceuticals. Shares of Cipla Ltd ended at ₹1,643.70, up by ₹6.30, or 0.38%, on the…

“There is a strong buying momentum in the market that is fueled by strong liquidity. In such a scenario markets can overextend. Which means that we may see the 100k number (for Sensex) shortly,” said Vaibhav Porwal, co-founder of Mumbai-based…