Havells India has approved acquiring a 26% stake in SPV Kundan Solar (Pali) Pvt Ltd to develop a 15 MWac solar power plant under a captive arrangement at an investment of ₹5.63 crore. Shares of Havells India Ltd ended higher…
SEBI now allows graduates from any discipline to become Investment Advisers and Research Analysts, with NISM certification still mandatory, and eases corporatisation rules for individual IAs.
The floor price for the transaction has been fixed at ₹1,030 per share, reflecting a discount of 14% to the market price. The total deal size is estimated at ₹965 crore, according to sources. Shares of Whirlpool of India Ltd…
Vikash Singh, Vice President of ICICI Securities reiterated his positive view on Vedanta, maintaining a target price of ₹580 if the planned demerger proceeds, which he believes management is committed to.
WazirX launches WazirX Zero, replacing per-order fees with a flat ₹99 monthly charge for unlimited trading on over 300 tokens, aiming to simplify costs and boost user participation.
Deepak Ballani, DG of Indian Sugar Mills Association (ISMA) expects an international surplus of about 4 million tonne but sees a favourable window for Indian exports from mid-December to March before Brazilian supplies hit the market.
The amount of new positions held by traders in futures contracts tied to the central bank’s benchmark has surged in the past three trading sessions, with back-to-back record daily volumes seen in the January contract last week.
Atlanta Electricals has secured two transformer supply orders worth ₹298 crore from Gujarat Energy Transmission Corporation.
The Sensex rose 1,023 points to 85,610, and the Nifty gained 321 points to end at 26,205, with both benchmarks moving near record highs. The Nifty Bank scaled a fresh all-time high at 59,528, advancing 708 points.
Juniper Green Energy is set to launch a ₹3,000-crore IPO in mid-December, aiming to fund debt reduction and expansion across its fast-growing solar, wind, hybrid and BESS-backed renewable portfolio.