Dr Agarwal’s Healthcare, backed by Temasek Holdings and TPG, has filed for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI) on September 27. The eye care services provider aims to raise funds through a mix of a Rs 300 crore fresh equity issue and an offer-for-sale (OFS) of 6.95 […]
The National Stock Exchange of India (NSE) has postponed its plan to implement the T+0 rolling settlement cycle in the capital market segment, with a new date to be announced later. The T+0 system, introduced in March, allows for same-day trade settlements, providing an alternative to the T+1 cycle, which settles trades the next day.
Torrent Pharmaceuticals’ shares opened slightly lower on September 27 after the Central Drug Standards Control Organisation (CDSCO) reported that Shelcal 500, one of its popular calcium supplements, failed a quality test. Torrent Pharma refuted the findings, asserting that they did not manufacture the batch of Shelcal 500 flagged by CDSCO and is “spurious.” The company
Torrent Pharma Shares Dip After CDSCO Flags Shelcal 500 in Quality Test Read More »
On September 27, a block deal involving 81.8 lakh shares of Shivalik Bimetal Controls worth Rs 500 crore was executed at a floor price of Rs 611 per share, which represents a near one percent discount from the previous closing price. Details regarding the buyers and sellers involved in the deal are yet to be
Shivalik Bimetal Sees Rs 500 Crore Block Deal with 81.8 Lakh Shares Traded Read More »
Mouri Tech, an IT solutions and services provider, has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth Rs 1,500 crore. The IPO will include a fresh issue of equity shares valued at Rs 440 crore and an offer-for-sale (OFS) worth Rs 1,060 crore by
IT Services Provider Mouri Tech Files for Rs 1,500-Crore IPO with SEBI Read More »
Logistics firm Allcargo Gati Ltd (formerly Gati Ltd) on September 26 announced a 10.2% average General Price Increase (GPI) effective from January 1, 2025, for its Express Distribution services. “This is the first price revision since Allcargo Logistics Limited’s strategic acquisition of Gati in 2019, driven by the necessity to align pricing with ongoing operational
Allcargo Gati announces 10% General Price Increase from January 1, 2025; shares rise 3% Read More »
Shares of Krsnaa Diagnostics surged 4 percent on September 26, following the company’s announcement to acquire a 23.53 percent stake in Apulki Healthcare, a start-up focused on oncology and cardiology services. This acquisition will grant Krsnaa exclusive rights to provide diagnostic services in partnership with Apulki Healthcare. Apulki Healthcare, founded in 2022, operates under a
Krsnaa Diagnostics Rises 4% on Plans to Acquire 23.53% Stake in Apulki Healthcare Read More »
Shares of EaseMyTrip (Easy Trip Planners Ltd) fell over 6 percent on September 25 after a block deal worth Rs 176.5 crore was executed on the exchanges. Around 4.6 crore shares, representing a 2.6 percent stake, were traded at a floor price of Rs 38 per share, slightly below the previous closing price. Following the
EaseMyTrip Shares Drop 6% as Promoter Offloads 2.6% Stake in Rs 176.5 Crore Block Deal Read More »
Shares of Delta Corp surged over 8 percent on September 25 after the company announced a major restructuring plan. The board of the gaming and hospitality firm has approved the demerger of its Hospitality and Real Estate businesses into a newly established entity, Delta Penland Private Limited (DPPL). Delta Corp currently operates in multiple segments,
Delta Corp Soars 8% After Announcing Demerger of Hospitality and Real Estate Units Read More »
The Bombay High Court has dismissed Hindustan Unilever Ltd’s (HUL) appeal against an August 2024 Assessment Order that imposed a tax demand of Rs 962.75 crore. The company announced the development on September 24. The tax demand was raised against HUL for non-deduction of Tax Deducted at Source (TDS) while making remittance payments related to
Bombay High Court Rejects Hindustan Unilever’s Appeal Against Rs 962.75 Crore Tax Demand Read More »
