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The Adani Group, led by billionaire Gautam Adani, has reportedly sought a settlement with the Securities and Exchange Board of India (SEBI) regarding allegations of violating public shareholding regulations. According to a report by the Economic Time
Bengaluru-based digital mapping startup MapMyIndia's parent company, C.E. Info Systems Ltd, revealed in a stock exchange filing on November 29 that its Chief Executive Officer, Rohan Verma, will step down to launch a business-to-consumer (B2C) ventur
The market regulator has halted the IPO of Trafiksol ITS Technologies, instructing the company to refund investors' money. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display:
Swiggy's subsidiary, Scootsy, will receive an infusion of up to ₹1,600 crore in multiple tranches through a rights issue, as disclosed in Swiggy's quarterly report on December 3. Of this amount, ₹1,350 crore is earmarked for expanding Instamart,
Ahead of the 55th GST Council meeting in Jaisalmer on December 21, the Group of Ministers (GoM) has recommended notable changes to GST rates for 148 items, including tobacco, aerated beverages, health insurance, and garments. Invest in Indian M
In a decisive action against financial influencers, the Securities and Exchange Board of India (Sebi) on Monday imposed restrictions on seven entities, including Mohd Nasiruddin Ansari, for up to one year. Ansari operated unauthorized investment advi
Indian stock markets extended their rally on Tuesday, showing resilience despite concerns over last week’s weak GDP numbers. The NSE Nifty 50 rose 0.85%, reaching an intraday high of 24,481, while the BSE Sensex jumped 700 points to close at 80,949
Shares of ITC, a leading cigarette manufacturer in India, experienced a nearly 3% drop during early trading on Tuesday. This decline followed reports that the GST tax slab for cigarettes, aerated beverages, and related products might be increased to
On Tuesday, December 3, a total of 1.13 crore shares of Indegene were sold in block deals amounting to approximately ₹707 crore, resulting in a 4.7% equity stake sale. Reports suggest that private equity firm CA Dawn may have offloaded a portion of
Torrent Power initiated its Qualified Institutional Placement (QIP) on Monday, aiming to raise approximately ₹3,500 crore by selling a 4.6% equity stake in the company. The indicative price for the issue has been set at ₹1,503 per share, which re
On December 2, the Nifty and Sensex climbed for the second consecutive session, driven by notable advances in the pharma, realty, and auto sectors. Broader market indices also demonstrated strength, reaching their highest levels in a month and bolste
Shares of Ola Electric experienced a sharp recovery from intraday lows on December 2, following a significant update from CEO Bhavish Aggarwal regarding the company’s expansion plans. Invest in Indian Markets and Unlock Future Poten
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