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Globus Spirits Stock Rises 4% After Foray Into Luxury Whiskey Segment with DŌAAB

Globus Spirits Stock Rises 4% After Foray Into Luxury Whiskey Segment with DŌAAB

/ Indian Market

Shares of Globus Spirits Limited surged by 4% to Rs 1,370 in morning trading after the company announced its entry into the luxury whiskey market with the launch of DŌAAB India Craft Whisky. This marks the company’s debut in the premium whiskey sector, offering a new perspective on the expanding segment. The limited-edition DŌAAB India […]

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SpiceJet Stock Drops 3% Amid Profit Booking; Airline Launches Rs 3,000 Crore QIP

SpiceJet Stock Drops 3% Amid Profit Booking; Airline Launches Rs 3,000 Crore QIP

/ Indian Market

Shares of SpiceJet fell by nearly 3% on September 17, as investors booked profits following a rally driven by the airline’s announcement of a Qualified Institutional Placement (QIP) worth up to Rs 3,000 crore. The stock declined after the company opened the QIP at a floor price of Rs 64.79 per share, with the potential

SpiceJet Stock Drops 3% Amid Profit Booking; Airline Launches Rs 3,000 Crore QIP Read More »

Sebi Accelerates Bonus Issue Process, Shares Available for Trading on T+2 from October 1

Sebi Accelerates Bonus Issue Process, Shares Available for Trading on T+2 from October 1

/ Indian Market

Starting October 1, bonus shares announced by companies will be available for trading within two days (T+2) of the record date, according to new guidelines issued by the Securities and Exchange Board of India (Sebi). Currently, shareholders must wait approximately two weeks for bonus shares to be tradable. The record date refers to the cutoff

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Mutual Funds Invest Rs 4,200 Crore in Adani Group Stocks in August Amid Rising Interest

Mutual Funds Invest Rs 4,200 Crore in Adani Group Stocks in August Amid Rising Interest

/ Indian Market

Mutual funds have significantly increased their investment in Adani Group companies, with net purchases reaching over Rs 4,200 crore in August 2024. This marks a consistent rise in mutual fund interest in the Adani Group over recent months. In July, net buying stood at around Rs 2,000 crore, while June and May saw Rs 990

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HDFC Bank to Announce Q2 FY25 Financial Results on October 19; Trading Window Closed for Insiders

HDFC Bank to Announce Q2 FY25 Financial Results on October 19; Trading Window Closed for Insiders

/ Indian Market

HDFC Bank announced on Monday that its board of directors will convene on Saturday, October 19, 2024, to consider and approve the unaudited standalone and consolidated financial results for Q2 FY25, covering the quarter and half-year ending on September 30, 2024. IDBI Bank has also informed that in compliance with the SEBI regulations, the trading

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Bajaj Housing Finance Shares Soar 114% on Stock Market Debut, Market Cap Exceeds Rs 1 Lakh Crore

Bajaj Housing Finance Shares Soar 114% on Stock Market Debut, Market Cap Exceeds Rs 1 Lakh Crore

/ Indian Market

Bajaj Housing Finance made a stellar debut on the stock exchanges on Monday, September 16, with its shares listing at Rs 150 per share on both NSE and BSE, reflecting a 114% premium over the IPO issue price of Rs 70 per share. Shares had been allocated to successful IPO bidders on September 13. The

Bajaj Housing Finance Shares Soar 114% on Stock Market Debut, Market Cap Exceeds Rs 1 Lakh Crore Read More »

Vedanta Receives Initial Approval for Oil Drilling in Assam's Hollongapar Gibbon Sanctuary

Vedanta Receives Initial Approval for Oil Drilling in Assam’s Hollongapar Gibbon Sanctuary

/ Indian Market

The Forest Advisory Committee (FAC) of India’s Ministry of Environment, Forest, and Climate Change has granted in-principle approval to Vedanta’s Cairn Oil and Gas for oil and gas exploration in Assam’s Hollongapar Gibbon Sanctuary. The project will cover 4.49 hectares within the eco-sensitive zone of the sanctuary, home to the endangered Hoolock Gibbon, India’s only

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SEBI Drops Charges Against NSE and Former Executives in Co-Location Controversy

/ Indian Market

The Securities and Exchange Board of India (SEBI) has concluded its proceedings against the National Stock Exchange (NSE), along with former officials Ravi Narain, Chitra Ramkrishna, Anand Subramanian, and others, in connection with the exchange’s co-location services investigation. Ravi Narain served as the Managing Director and CEO of NSE from 2000 to March 2013, while

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