Indian Market News

Zaggle Prepaid’s stock took a sharp hit today, dropping over 3% in early trading on December 12. Why? A CNBC-TV18 report hinted that the company might go for a share placement within the next two weeks—and at a discount. This could lead to an equ

Shares of Larsen & Toubro (L&T), a leading construction firm, declined by over 1% to ₹3,870, marking a third consecutive trading session of losses. This drop occurred despite Macquarie maintaining an 'outperform' rating on the stock, citing

Shares of Godawari Power and Ispat surged by 7% during morning trade on December 12, reaching a record high of ₹253.40 after the company signed a seven-year agreement with GAIL for the supply of re-gassified liquefied natural gas (RLNG). Inve

The primary shareholders of ReNew Energy Global Plc, a prominent Indian green energy company, are planning to acquire the publicly traded shares of the company, signaling a potential de-listing from the US stock market. Invest in Indian Markets

The Securities and Exchange Board of India (SEBI) has proposed integrating the DigiLocker platform to facilitate a more efficient process for claiming unclaimed assets belonging to deceased investors. According to a discussion paper, SEBI suggests re

Shares of Swiggy witnessed a decline of over 4 percent during early trading hours on December 11, reversing gains made the previous day as investors seized the opportunity to book profits. The drop came in the wake of the one-month lock-in period for

State-owned Indian Overseas Bank (IOB) announced on Tuesday, December 10, that it has received an order confirming a refund of ₹1,359.29 crore, including interest, for the assessment year 2015-16 under Section 244A of the Income-tax Act. Inve

The Securities and Exchange Board of India (SEBI) has announced the introduction of an optional T+0 settlement cycle for the top 500 stocks based on market capitalization, as per an official circular issued on December 10. This initiative will take e

PG Electroplast Ltd. has approved the allotment of over 2.14 crore equity shares to Qualified Institutional Buyers (QIBs) at an issue price of ₹699 per share, raising ₹1,499.9 crore. The issue price represents a 0.88% discount to the floor price.

Standard Chartered has proposed former JPMorgan India chief, P.D. Singh, as the next CEO for India and South Asia, according to two individuals familiar with the matter who spoke to Reuters under anonymity. The bank is currently seeking approval from

Sanjay Malhotra, the Revenue Secretary named as the new Governor of the Reserve Bank of India (RBI) on December 9, faces a critical challenge of balancing inflation and growth during a period of heightened economic uncertainty, according to brokerage

Mishtann Foods Ltd has faced significant setbacks as its shares hit the lower circuit limit of 20% for the second consecutive session on December 9, 2024. This sharp decline follows a show-cause notice issued by the Securities and Exchange Board of I