Udayshivakumar Infra’s shares are expected to be in focus on September 6 after the company, through its joint ventures (JVs) with KMC Construction (KMCCL), secured three new National Highway projects worth Rs 1,057.3 crore in total. The infrastructure company, in an attempt to expand its business, formed the JVs with KMCCL to bid for highway […]
Udayshivakumar Infra Secures Rs 1,057 Crore National Highway Projects Read More »
Adani Group is planning to raise between Rs 30,000 and Rs 40,000 crore from retail and high-net-worth individual (HNI) investors over the next 3-4 years through non-convertible debentures (NCDs). This move aims to diversify the group’s funding sources and reduce reliance on loans from a limited set of lenders, including banks. On Wednesday, Adani Enterprises
On September 5, around 200 employees of the Securities and Exchange Board of India (SEBI) staged a protest at the regulator’s headquarters in Mumbai. The protest was sparked by SEBI’s recent press release, which dismissed earlier employee complaints of an “unprofessional work culture” as being “misguided by external elements.” The employees are calling for the
SEBI Employees Protest at Mumbai HQ, Demand Chairperson Madhabi Puri Buch’s Resignation Read More »
Shares of Minda Corporation rose over 2 percent on September 4 after the company announced a technology licensing agreement with China’s Sanco Connecting Technology, a leader in Electric Vehicle (EV) connection systems. This agreement aims to enhance Minda Corporation’s product portfolio in the growing EV industry, specifically in Electrical Distribution Systems (EDS). The agreement enables
Minda Corp Stock Gains on Technology Licensing Agreement with China’s Sanco Read More »
Shares of Rama Steel Tubes surged 13 percent on September 4, following the announcement of a strategic collaboration with Onix Renewable. By 11:30 am, the stock was trading at Rs 11.79 on the BSE, up 11.6 percent from the previous session’s close. This price surge was accompanied by a significant trading volume, with over 10
Rama Steel Tubes Jumps 13% on Strategic Collaboration with Onix Renewable Read More »
Shares of General Insurance Corporation of India (GIC Re) are set to be in the spotlight on September 4 as the Indian government plans to divest nearly 7 percent of its stake in the company through an offer for sale (OFS). The government aims to sell a 3.39 percent equity stake, with an additional 3.39
GIC Re Shares in Focus as Government to Divest 6.8% Stake via OFS Read More »
JSW Cement Ltd’s Rs 4,000-crore initial public offering (IPO) has encountered a significant hurdle as the Securities and Exchange Board of India (SEBI) has paused the approval process. The delay stems from an ongoing investigation into an alleged regulatory violation involving Sajjan Jindal, the controlling figure behind JSW Cement, and his siblings. SEBI is scrutinizing
JSW Cement’s IPO Stalled by SEBI Due to Regulatory Probe Involving Jindal Family Read More »
Raymond Ltd., an Indian conglomerate nearly a century old, is planning to list its apparel and real estate units by the end of 2025 as part of a strategic effort to enhance shareholder value. The group, which operates across diverse sectors including engineering, aerospace, fashion, and real estate, will have three listed entities by next
Raymond Group Plans to List Apparel and Real Estate Units by End of 2025 Read More »
Bajaj Housing Finance Ltd has announced a price band of Rs 66-70 per share for its upcoming initial public offering (IPO), scheduled to open on September 9. The IPO will include a fresh issue of up to Rs 3,560 crore and an offer for sale of up to Rs 3,000 crore by its parent company,
Bajaj Housing Finance Sets IPO Price Band at Rs 66-70 per Share Read More »
Brigade Enterprises is expected to see positive movement in its stock on September 3 following the launch of a Qualified Institutional Placement (QIP) to raise Rs 1,500 crore. The Bengaluru-based real estate developer has set the floor price for the QIP at Rs 1,164.70 per share, reflecting a 5.7 percent discount from its previous closing
Brigade Enterprises Launches Rs 1,500 Crore QIP, Stock Poised for Gains Read More »
