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News Desk

BSE Market cap

Market Cap of BSE-Listed Companies Surpasses $5.5 Trillion for the First Time

For the first time ever, the total market capitalization of all companies listed on the Bombay Stock Exchange (BSE) has exceeded $5.5 trillion. This milestone represents a significant 22.6 percent increase from $4.2 trillion at the start of the year, bolstered by strong gains in the Sensex and broader markets, including the BSE MidCap and […]

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Carlyle Group to Sells Big Stake in PNB Housing Finance

Carlyle Group to Sells Big Stake in PNB Housing Finance for Rs 2,642 Crore

On July 30, PNB Housing Finance experienced a significant transaction, with shares worth Rs 2,642 crore being traded through a block deal on the stock market. The Carlyle Group, via its affiliate Quality Investment Holdings PCC, is believed to be the primary seller in this deal. It offloaded a total of 3.40 crore equity shares,

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Indian Bank Q1

Indian Bank Q1 net profit surges 41 per cent to ₹2,403.42 crore

The net profit of Indian Bank has increased exponentially to ₹2,403.42 crore in the first quarter of this financial year from ₹1,705.58 crore in the same quarter last fiscal, notching 40.6 per cent growth. Sequential growth was about 7 percent. The gross non-performing asset ratio of the bank improved to 3.77%, against 5.47% in the

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KEC International Q1 result

KEC International Shares Rise on Strong Q1 Earnings and ₹6,000 Crore Fundraise Plan

Shares of KEC International surged over 3% following the announcement of robust fiscal first-quarter results and plans for a significant fundraising initiative. The company reported a net profit of ₹87.6 crore for the quarter ending in June, more than double the ₹42 crore recorded in the same period last year. KEC International’s revenue increased by

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BHEL orders

BHEL Shares Climb After Securing ₹10,000 Crore Project from Damodar Valley Corporation

Bharat Heavy Electricals Ltd (BHEL) saw a 2% rise in its share price early on July 29, following the announcement of a significant project win. The company’s shares were trading at ₹323.60, up ₹6.35, on the Bombay Stock Exchange (BSE). BHEL has received a Letter of Intent from Damodar Valley Corporation for 2×800 MW Koderma

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ultratech india cement news

UltraTech Cement Increases Stake in India Cements with Major Acquisition

UltraTech Cement Ltd has announced a significant move to consolidate its position in the Indian cement market. The company’s board has approved the acquisition of a 32.72% stake in India Cements Ltd from the promoters and their associates. This follows an initial purchase of a 22.77% stake in June at Rs 268 per share. The

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Vistara wifi news

Vistara Launches Complimentary In-Flight Wi-Fi on International Flights

Vistara, the premier full-service carrier of India, announced that passengers on international flights could enjoy complimentary in-flight Wi-Fi. The new service gives 20 minutes of free Wi-Fi on all three cabins aboard its Boeing 787-9 Dreamliner and Airbus A321neo aircraft, thus making Vistara the first Indian airline to introduce this feature. Passengers can use complimentary

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Aditya Birla Group new launch

Aditya Birla Group Enters Jewellery Market with ₹5000 Crore ‘Indriya’ Brand Launch

The Aditya Birla Group has announced its Enter into branded jewelry retail with a new brand, ‘Indriya’, proposed to be launched under its subsidiary Novel Jewels. An investment of ₹5000 crore is being planned to open the first four-store outlets across Delhi, Jaipur, Indore on July 27. The company expressed hopes that within the next

Aditya Birla Group Enters Jewellery Market with ₹5000 Crore ‘Indriya’ Brand Launch Read More »

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