The ₹730 crore IPO of SignatureGlobal India Ltd, consisted of a combination of fresh issue and offer for sale. The fresh issue was to the tune of ₹603 crore while the offer for sale (OFS) was worth ₹127 crore. The IPO pricing was done in the ba

Indian conglomerate JSW Group is actively exploring a partnership with South Korea's LG Energy Solution (LGES) to manufacture batteries in India, according to sources with direct knowledge of the discussions. This move aligns with JSW's ambitious pla

On Friday, September 22, Glenmark Pharmaceuticals witnessed a sharp decline of over 6% in its share price on the Bombay Stock Exchange (BSE). This drop was prompted by the news of Nirma's acquisition of a substantial 75% stake in Glenmark's subsidiar

In a turbulent turn of events, newly launched budget carrier Akasa Air finds itself grappling with a crisis as a wave of pilot resignations threatens to disrupt its operations. The airline, which commenced operations in August 2022, had initially sho

Infosys, a prominent Indian IT company, and NVIDIA, a leading US chipmaker, have announced an expanded strategic collaboration. Their shared goal is to leverage generative AI applications and solutions to boost productivity for enterprises worldwide.

In a strategic move, the government is set to sell a 4.92% stake in SJVN (Satluj Jal Vidyut Nigam) at a floor price of ₹69 per share through a two-day Offer for Sale (OFS), as confirmed by an official source. Non-retail investors can participate in

Torrent Pharmaceuticals Ltd is actively engaged in discussions with CVC Capital Partners and Brookfield to assemble a consortium and raise substantial funds for an ambitious acquisition endeavor. The company is set to acquire its rival, Cipla, and ha

Shares of Tata Motors Limited traded 0.73% higher at ₹645 in the early hours of September 20, extending gains for the third session in a row after the company announced that it would increase the prices of its commercial vehicles up to 3%, effectiv

Shares of Blue Star, the prominent consumer durables company, witnessed an impressive 14% surge in their opening price today, reaching 52-week high of ₹909. This significant upturn comes as the company announced a qualified institutional placement

Bharat Electronics Limited (BEL) announced on September 15th that it has successfully secured orders worth an impressive ₹3,000 crore. Among these orders, the standout deal is valued at ₹2,118.57 crore and comes from Cochin Shipyard Limited, rein

Mahindra Holidays & Resorts (MHRIL), operating under its renowned flagship brand Club Mahindra, has inked a significant memorandum of understanding (MOU) with the Government of Uttarakhand on September 14. The MOU paves the way for a momentous in

On September 15, the shares of Indian Hotel Company Limited (IHCL) rose by over 1% to reach ₹429 early in the trading day. This surge followed IHCL's recent announcement of signing an operating lease agreement for the Taj Hotel Hessischer Hof in Fr