Shares of Gland Pharma rose 5% on February 25, marking their best performance in 16 weeks. The surge came ahead of the company’s investor meet on February 27-28, which will be attended by analysts from Emkay and BoB Capital. The rise in share price follows the United States Food and Drug Administration (US FDA) pre-approval […]
Gland Pharma Shares Jump 5% After US FDA Inspection at JNPC Facility Read More »
Tata Capital has approved an initial public offering (IPO) that will include a fresh issue of 23 crore equity shares along with an offer-for-sale by existing shareholders. Additionally, the company plans to raise ₹1,504 crore through a rights issue for its current shareholders. This IPO will be the first by a Tata Group company after
Tata Capital Plans IPO and ₹1,504 Crore Rights Issue Read More »
Toronto homeowners looking to upgrade their bathrooms are prioritizing high-quality renovations that enhance both functionality and aesthetics. Whether it’s a modern spa-like retreat or a classic, elegant upgrade, choosing the right bathroom renovation company is key to achieving a flawless result. Among the most trusted names in the city, BathGuys has emerged as the best
BathGuys Leads Toronto’s Best Bathroom Renovation Services Read More »
Chinese technology stocks saw a sharp decline after former US President Donald Trump announced new restrictions on US investments in China’s tech sector, increasing concerns about rising geopolitical tensions. The move highlights the growing financial and technological divide between the world’s two largest economies. On Tuesday, the Hang Seng Tech Index dropped 4.4%, marking its
China Tech Stocks Fall as Trump’s Order Raises Geopolitical Concerns Read More »
Adani Power has received a letter of intent (LoI) for acquisition from the resolution professional of Vidarbha Industries Power Ltd (VIPL), which is undergoing insolvency proceedings under the Insolvency and Bankruptcy Code 2016. The announcement was made in an exchange filing on February 24. The Committee of Creditors (CoC) for VIPL approved Adani Power’s resolution
Adani Power Receives LoI to Acquire Vidarbha Industries Power Amid Insolvency Process Read More »
The Nifty 50 is heading for a five-month losing streak, marking its worst downturn since 1996. Weak corporate earnings, continued foreign investor outflows, and economic uncertainties have pushed Indian markets to their lowest levels in eight months. So far in February 2025, both Nifty 50 and Sensex have fallen around 4 percent, extending their total
Shares of NTPC Green Energy Ltd, a subsidiary of NTPC, fell over 6 percent to Rs 99.18 in morning trade on February 24, extending losses for the second consecutive session. The decline comes as the company’s three-month shareholder lock-in period ended, allowing some shareholders to sell their shares in the open market. According to Nuvama
NTPC Green Energy Shares Drop Over 6% as Shareholder Lock-In Ends Read More »
Gujarat-based EPC company LCC Projects has filed its draft red herring prospectus (DRHP) with SEBI on February 21 as it plans to raise funds through an initial public offering (IPO). As per the DRHP, the IPO will consist of a fresh issue of equity shares with a face value of Rs 320 crore and an
LCC Projects Files IPO Papers with SEBI, Plans to Raise Rs 320 Crore Through Fresh Issue Read More »
SEBI Chairperson Madhabi Puri Buch stated on February 21 that the market regulator does not find it necessary to comment on small- and mid-cap valuations at this stage, especially after these indices have declined 20 percent from their peaks. This comes almost a year after she had flagged concerns about “irrational exuberance” in the broader
SEBI Chairperson Says No Need to Comment on Small- and Mid-Cap Valuations Now Read More »
Shares of Alkem Laboratories declined in early trade on February 21 after a large transaction worth Rs 300 crore took place on the stock exchanges. Around 6.41 lakh shares of the pharmaceutical company were traded at a floor price of Rs 4,680 per share. This price was slightly lower than the previous day’s closing price.
Alkem Laboratories Sees Rs 300 Crore Block Deal, Shares Open Lower Read More »
