Indian Market

Dixon Technologies Partners with Cellecor Gadgets for Refrigerator Manufacturing

Dixon Technologies Partners with Cellecor Gadgets for Refrigerator Manufacturing

/ Indian Market /

Dixon Technologies, through its subsidiary Dixon Electro Manufacturing, has entered into a Memorandum of Understanding (MoU) with Cellecor Gadgets to manufacture refrigerators and related components. The announcement was made in a company filing on December 26. Cellecor Gadgets is recognized as a leading Original Design Manufacturer (ODM) and Original Equipment Manufacturer (OEM) in the consumer […]

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Investor Base Nears 11 Crore Mark in 2024; Uttar Pradesh Leads New Registrations

Investor Base Nears 11 Crore Mark in 2024; Uttar Pradesh Leads New Registrations

/ Indian Market /

India’s registered investor base reached 10.7 crore by November 2024, nearing the 11-crore milestone, according to the latest data from the National Stock Exchange (NSE). This growth comes after the investor count crossed 9 crore in February and 10 crore in August, marking an impressive surge within just five months. Despite market corrections and concerns

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RBL Bank Exits DAM Capital with Rs 163 Crore Stake Sale During IPO

RBL Bank Exits DAM Capital with Rs 163 Crore Stake Sale During IPO

/ Indian Market /

RBL Bank announced on December 26 that it has fully divested its 8.16% equity stake in DAM Capital Advisors through an Offer for Sale (OFS) during DAM Capital’s recent IPO. The sale fetched the bank Rs 163.32 crore, excluding taxes. Following this transaction, RBL Bank no longer holds any equity in the investment banking firm.

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BPCL Shares Rise on Winning 150 MW Solar Project Bid and New Refinery Plans

BPCL Shares Rise on Winning 150 MW Solar Project Bid and New Refinery Plans

/ Indian Market /

Bharat Petroleum Corporation Limited (BPCL) gained in early deals on Monday, December 26, after the company emerged as the lowest bidder for a 150 MW solar PV power project by NTPC. At 9:22 AM, the stock of BPCL was trading at Rs 296.10 on the BSE, up by Rs 4.25 or 1.46 percent. It intends

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Panacea Biotec Hits Upper Circuit on Securing UNICEF Vaccine Contract

Panacea Biotec Hits Upper Circuit on Securing UNICEF Vaccine Contract

/ Indian Market /

Panacea Biotec shares reached the upper circuit limit of 5 percent on December 26 after the company received a Letter of Award (LoA) from UNICEF. The award is for supplying 115 million doses of its bivalent oral polio vaccine (bOPV). This significant contract is valued at approximately USD 14.95 million (around Rs 127 crore) and

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NTPC Green Energy Shares Decline 4% as Lock-In Period Ends

NTPC Green Energy Shares Decline 4% as Lock-In Period Ends

/ Indian Market /

Shares of NTPC Green Energy fell by over 4% on December 26, as the one-month lock-in period for anchor investors expired. Following this expiry, 1.83 crore shares, representing a 2% stake in the company, became eligible for trading. Anchor investors now have the option to sell up to 50% of their holdings if they choose.

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Rupee Declines 9 Paise to Hit a Fresh Record Low of ₹85.20 Against the US Dollar

Rupee Declines 9 Paise to Hit a Fresh Record Low of ₹85.20 Against the US Dollar

/ Indian Market /

The Indian rupee continued its downward slide for the second consecutive session, falling by 9 paise to close at a new all-time low of ₹85.20 against the US dollar on Tuesday. This depreciation was attributed to a strong US dollar in global markets, subdued domestic equity performance, and surging crude oil prices. Analysts attributed this

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Sify Data Managed Services to Invest ₹847 Crore in Bengaluru's Aerospace Park

Sify Data Managed Services to Invest ₹847 Crore in Bengaluru’s Aerospace Park

/ Indian Market /

Nasdaq-listed Sify Data Managed Services has announced an investment of ₹847 crore in Bengaluru’s Aerospace Park to strengthen its data center, network, and security service offerings. This move aligns with Sify’s ongoing partnerships with tech giants like Cisco to drive enterprise digital transformation. The investment was approved during the 64th State High-Level Clearance Committee (SHLCC)

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BPCL Begins Pre-Project Activities for ₹6,100 Crore Refinery in Andhra Pradesh

BPCL Begins Pre-Project Activities for ₹6,100 Crore Refinery in Andhra Pradesh

/ Indian Market /

Bharat Petroleum Corporation Ltd. (BPCL) has announced the commencement of pre-project activities for establishing a greenfield refinery and petrochemical complex in Andhra Pradesh. The project is estimated to cost ₹6,100 crore and marks a significant step in BPCL’s expansion on India’s east coast. As part of the pre-project phase, BPCL will undertake various activities, including

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Indo Farm Equipment IPO: Price Band Set at ₹204-₹215 per Share

Indo Farm Equipment IPO: Price Band Set at ₹204-₹215 per Share

/ Indian Market /

Indo Farm Equipment Ltd has announced its price band for the upcoming Initial Public Offering (IPO) at ₹204-₹215 per share. The IPO is scheduled to open on December 31, with the anchor book opening a day earlier on December 30. The public issue will close on January 2. Post-issue events include the basis of allotment

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