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Leo Dry Fruits and Spices Trading Limited is launching its Initial Public Offering (IPO), presenting a book-built issue valued at ₹25.12 crore. The IPO comprises a fresh issue of 48.30 lakh equity shares, with no offer-for-sale component. The issue
Bangalore-based A-One Steels India is set to raise ₹650 crore through an initial public offering (IPO) as part of its strategy to expand its manufacturing facilities and reduce debt. The IPO will consist of a fresh issuance of shares worth ₹600 c
Unimech Aerospace, a new entrant on Dalal Street and a manufacturer of aerospace components, is setting its sights on expanding its domestic operations—a significant market opportunity the company is yet to fully tap. The company anticipates better
The deadline for filing an Income Tax Return (ITR) for the financial year 2023-24 was initially set for July 31. For those who missed the original deadline, the revised ITR with late fees was due by December 31. However, the Central Board of Direct T
In a favorable development, Suzlon Energy successfully contested a ₹172.76 crore penalty levied by the National Faceless Penalty Centre of the Income Tax Department. The Income Tax Appellate Tribunal (ITAT) overturned the penalty, which pertained t
The Indian equity markets in 2024 witnessed significant volatility, marked by a sharp correction after a prolonged bull run. The early months of the year were characterized by robust corporate earnings and strong macroeconomic trends, driving the Nif
Gold prices in India declined today, as compared to their slight upward movement in the past couple of days. On Tuesday, December 31, the price of 24K gold price in India was ₹7,756/ gm while 22K gold was ₹7,110/ gm as of 11:25 AM. In this articl
Foreign portfolio investors (FPIs) have significantly altered their investment strategy in secondary markets. In early December, FPIs invested approximately $1.7 billion in these markets but shifted gears in the latter half, selling around $1.77 bill
ITC is set to transfer ₹1,500 crore in cash and cash equivalents to ITC Hotels, providing significant financial support for growth initiatives and contingency planning ahead of the demerger scheduled to take effect on January 1, 2025. This allocati
Indo Farm Equipment Limited, incorporated in 1994, is a key player in the manufacturing of tractors, pick-and-carry cranes, and other agricultural and industrial equipment. With a robust product range and strategic expansion plans, Indo Farm Equipmen
Unimech Aerospace and Manufacturing Limited, a leading provider of complex tools and precision components for the aerospace and defence industries, made a strong debut on the stock exchanges on Tuesday, December 31, 2024. The Bengaluru-based company,
International brokerage Citi Research has expressed optimism about Vodafone Idea and Indus Towers, citing the recent waiver of bank guarantees by the Department of Telecommunications (DoT) as a game-changing reform for the telecom sector. The waiver
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