The Securities and Exchange Board of India (SEBI) has strengthened the regulatory framework for Initial Public Offerings (IPOs) targeting Small and Medium Enterprises (SMEs). During its board meeting on Wednesday, the capital markets regulator introd
Asian stocks faced a decline as investors took a cautious stance ahead of the release of key US inflation data, a crucial indicator for the Federal Reserve's future policy decisions. With losses in markets like Australia and South Korea, and Japan sh
Indian IT stocks gained momentum on December 20, buoyed by Accenture's better-than-expected quarterly earnings and upgraded revenue guidance. Accenture's impressive first-quarter performance boosted investor sentiment, lifting American Depo
International brokerage firm Jefferies has initiated coverage on Sagility India, a business process management (BPM) company, with a bullish "Buy" rating and a target price of Rs 52 per share. This recommendation implies a probable potential upside f
Amara Raja Energy & Mobility Limited shares surged by 4.4 on Friday, hitting an intraday high of ₹1,273.75 on the BSE. The rise followed the announcement of a strategic partnership with Hyundai Motor India Limited to integrate Amaron’s Made-
Shares of MTAR Technologies surged nearly 6 on December 20, driven by the company's announcement of ₹226 crore in new order wins across its clean energy and aerospace segments. The company secured ₹191 crore worth of orders from Bloom Energy in
Hamps Bio Limited, an integrated pharmaceutical and FMCG company operating since 2007, marked a remarkable entry into the public markets on Friday, 20th December 2024. The company, which has established itself with a diverse portfolio of pharmaceutic
International Gemmological Institute (India) Limited, a globally recognized diamond and jewelry certification organization operating since 1999, marked a noteworthy entry into the public markets on Friday, 20th December 2024. The company, which has e
SEBI (Securities and Exchange Board of India) has unveiled an ambitious plan to open up algorithmic trading (algo trading) to retail investors in a safer, more regulated environment. With the number of retail investors in India reaching nearly 10 cro
In a mixed day for the Indian stock markets, the BSE Sensex and NSE Nifty both registered notable declines, with certain sectors, like the Capital Goods index, seeing considerable drops. Among the key news from the stock market today, IRCON Internati
In a strategic move to enhance its capital base and fund inorganic growth, Zaggle Prepaid, a leading fintech firm, has announced a Qualified Institutional Placement (QIP) with an issue size of ₹450 crore and an upsize option of up to ₹750 crore.
ABB India has finalized an agreement to acquire the power electronics business of Gamesa Electric in Spain, a division of Siemens Gamesa. This strategic move enhances ABB’s capabilities in high-powered renewable power conversion technology. I
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