Indian Market News

Vodafone Idea (Vi) shares surged by 7% after the Department of Telecommunications (DoT) waived the requirement for bank guarantees worth Rs 33,000 crore for past spectrum auctions. This move primarily benefits Vodafone Idea, which urgently needs fund

Jitendra Bagga has resigned from his position as Vice-President of Central Operations at Zepto after a nine-month tenure, according to sources cited by Moneycontrol. Bagga was responsible for overseeing mother hubs (MH) and line haul (LH) operations

The Securities and Exchange Board of India (SEBI) issued a circular on Friday introducing guidelines for the transfer and transmission of shareholding among immediate relatives and within specific types of intermediary firms. The aim is to simplify r

Global brokerage firm Morgan Stanley has initiated coverage on Zinka Logistics Solutions Ltd, assigning it an "underperform" rating and a target price of ₹450 per share, implying a downside potential of approximately 16% from its previous session's

The equity market saw a modest recovery during the week ending December 27, closing with nearly 1% gains. Despite this rebound, the week was largely range-bound, influenced by the holiday season and the absence of significant domestic or global trigg

Shares of JSW Energy surged nearly 8% to ₹673.05 during early trading on Monday, December 30, commanding a total market capitalization of more than ₹1.17 lakh crore, after its wholly-owned subsidiary, JSW Neo Energy, finalized an agreement to acq

Ajay Poly, a prominent player in the refrigeration sealing solutions and appliance industry, has filed draft papers with the capital markets to raise funds through an Initial Public Offering (IPO). The IPO will include a fresh issue of Rs 238 crore a

Shares of Cochin Shipyard experienced a notable surge, hitting the 5% upper circuit on December 27, following the announcement by Adani Ports and Special Economic Zone Ltd (APSEZ) regarding their decision to procure eight state-of-the-art harbour tug

UltraTech Cement Ltd, one of India’s leading cement manufacturers, has recently announced the acquisition of an 8.69% equity stake in Star Cement Ltd for ₹851 crore. The deal involves the purchase of up to 3.7 crore equity shares at a price not e

Shares of private lender IndusInd Bank Ltd gained during early trading on December 27, following the bank's decision to sell its non-performing microfinance loan portfolio, comprising 10.6 lakh retail loan accounts worth ₹1,573 crore. This move com

Zomato's inclusion in the Sensex has captured the attention of market participants as tech-driven companies continue to gain prominence in India's equity landscape. According to estimates by brokerage firm Nuvama, this addition is expected to drive s

Nazara Technologies has strengthened its hold in its subsidiary, Absolute Sports, by acquiring an additional 10.26% stake for ₹72.73 crore. This move raises Nazara’s total stake in Absolute Sports, the parent company of Sportskeeda, to 81.94%. Th