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New Delhi, Dec 15 (PTI) Shares of home and furnishing company Wakefit Innovations Ltd on Monday made a muted market debut against the issue price of Rs 195. The stock started trading at Rs 194.10, down 0.46 per cent from the issue price on the BSE. Later, it declined 9.10 per cent to Rs 177.25. At the NSE, the stock was listed at par with the issue price of Rs 195. The company's market valuation stood at Rs 6,146.01 crore. The initial share sale of Wakefit Innovations Ltd got subscribed more ...Read More >
Mumbai: Shares of Corona Remedies, a well-known pharmaceutical company, made an impressive entry into the stock market on Monday, December 15. The stock was listed on the National Stock Exchange (NSE) at Rs 1,470 per share, which is 38.42 percent higher than its IPO issue price of Rs 1,062. On the Bombay Stock Exchange (BSE), the shares opened at Rs 1,452, marking a gain of 36.72 percent over the issue price. This strong listing reflects the high demand and positive sentiment around the company ...Read More >
New Delhi: State-run BEML Limited has announced to the exchanges that it has signed a strategic MoU with Sagarmala Finance Corporation Limited (SMFCL) to unlock dedicated financial support for India's domestic maritime manufacturing ecosystem. Sagarmala Finance Corporation Limited (SMFCL), is India's first maritime sector-specific Non-Banking Financial Company (NBFC). It was formally registered as an NBFC with the Reserve Bank of India (RBI) on June 19, 2025. SMFCL is a Mini Ratna Category-I ...Read More >
NEW DELHI: Stock market benchmark indices Sensex and Nifty rallied on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost liquidity to support a "goldilocks" economy in the face of high US tariffs. Rising for the second day in a row, the 30-share BSE Sensex advanced 447.05 points, or 0.52 per cent, to settle at 85,712.37. During the day, it jumped 531.4 points, or 0.62 per cent, to 85,796.72. The 50-share NSE Nif ...Read More >
The report highlighted LIC's May 2025 investment of USD 570 million (around Rs 5,000 crore) in Adani Ports & SEZ (APSEZ). Finance Minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India's largest insurer has, over the years, made investment decisions across ...Read More >
New Delhi, Nov 20 (PTI) State-owned NHAI on Thursday said it is in the process of establishing Raajmarg Infra Investment Trust (RIIT) as a Public InvIT to unlock the monetization potential of National Highway assets. A Public Infrastructure Investment Trust (InvIT) is an investment vehicle that enables retail investors to directly invest in and earn income from a pool of operational infrastructure projects. Units of public InvITs are listed and traded on stock exchanges such as the National St ...Read More >
Lalit Keshre, cofounder and CEO of investment platform Groww, has become a newly-minted billionaire on the back of the company's strong stock market debut. With Groww's shares soaring since listing, Keshre's 55.91 crore shares -- a 9.06 percent stake -- are now valued at about ₹9,448 crore, placing his net worth around the $1-billion mark. Groww made a remarkable entry into the public markets on 12 November, listing at ₹100 a share and climbing more than 70 percent in just four sessions to ...Read More >
PNNMumbai (Maharashtra) [India], November 17: Tejas Cargo India Limited (NSE - TEJASCARGO), one of the leading logistics service providers with a strong national footprint, has announced its Unaudited Financial Results for H1 FY26.H1 FY26 Consolidated Key Financial HighlightsTotal Income of ₹ 306.00 Cr, YoY growth of 19.96%EBITDA of ₹ 47.78 Cr, YoY growth of 4.87%EBITDA Margin (%) of 15.61%, YoY decline of 225 BPSNet Profit of ₹ 12.60 Cr, YoY growth of 44.11%Net Profit Margin (%) of 4.12%, ...Read More >
Nifty gained 1.64% amid strong sentiment, holding above key averages with no signs of exhaustion. Momentum stays positive, though consolidation is possible near resistance as sector rotations broaden market strength. The markets traded with a positive undertone through the week, rebounding smartly from lower levels. After reacting positively to the strong Bihar election outcome and hopes around a potential US-India trade agreement, Nifty posted steady gains throughout the week. The index oscil ...Read More >
IT major Infosys has launched an AI-first model to accelerate the establishment and transformation of Global Capability Centres (GCCs) into AI-driven hubs. This solution aims to redefine GCCs as strategic assets, fostering innovation and growth by providing end-to-end support from setup to operational readiness with AI-led transformation. New Delhi, IT major Infosys on Monday introduced an AI-first model aimed at speeding up the establishment and transformation of global capability centres into ...Read More >
New Delhi, Nov 17 (PTI) Shares of IRB Infrastructure Developers on Monday climbed 4 per cent after the company bagged a package toll-operate and transfer (TOT) project from NHAI in Uttar Pradesh for Rs 9,270 crore. The company's stock rose 3.78 per cent to close at Rs 44.53 apiece on the BSE. On the NSE, it went up by 3.12 per cent to settle at Rs 44.30 per piece. In the intraday session, the scrip of the company jumped 7.04 per cent and 6.96 per cent to hit a high of Rs 45.93 and 45.95 per s ...Read More >
PNN New Delhi [India], November 14: India's IPO market in the first nine months of CY25 went into overdrive with a total of 65 mainboard listings. Not only is this higher than the count of 60 in the same period last year, but it also represents a 26.4% jump in the funds raised to INR 80,904 crores. According to data compiled by IPOCentral, an IPO intelligence platform, the median post-issue Price-to-Earnings (P/E) multiple for IPOs launched in 9M CY25 stood at 33.33x, compared with 33x in the ...Read More >
PNNNew Delhi [India], November 14: India's IPO market in the first nine months of CY25 went into overdrive with a total of 65 mainboard listings. Not only is this higher than the count of 60 in the same period last year, but it also represents a 26.4% jump in the funds raised to INR 80,904 crores.According to data compiled by IPOCentral, an IPO intelligence platform, the median post-issue Price-to-Earnings (P/E) multiple for IPOs launched in 9M CY25 stood at 33.33x, compared with 33x in the same ...Read More >
MUMBAI, India, Nov. 13, 2025 /PRNewswire/ -- Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a leading global provider of business process management services and an RP-Sanjiv Goenka Group company, has been recognized as a 'Leader' for the second consecutive year in Avasant'sMortgage Business Process Transformation 2025 RadarView™ recognizing the strength of its US-based mortgage arm, Sourcepoint, Inc., in driving technology-led transformation across the sector. Avasant's Leaders are or ...Read More >
Mumbai: Prices of stainless steel could remain under pressure in the short term, even as domestic demand stays strong, said Abhyuday Jindal, managing director of Jindal Stainless. Imports from China, Vietnam and Indonesia have been weighing on Indian prices. These imports are currently at a 5-10% discount to domestic market levels. "The discounts have, in fact, widened after everyone started blocking China," Jindal said on a call after the company's quarterly earnings. The domestic stainless ...Read More >
Sensex up 472 pts, Nifty above 25,600; NALCO share price surges 8%, Torrent Pharma hits record high, Nykaa jumps 5%, Trent down 6%, Lenskart weak debut, sugar stocks gain after export approval. The Indian stock markets are firm through midday on Monday, November 10, with buying across metal and pharma counters lifting sentiment. The Nifty advanced around 140 points to 25,630 levels, while the BSE Sensex rose 470 points to 83,680 levels. Gains in midcap and metal stocks kept the momentum strong, ...Read More >
New Delhi, Nov 10 (PTI) Workmates Core2Cloud Solution on Monday said it has fixed a price band of Rs 200-204 per share for the Rs 69.8 crore initial share sale, which will open for public subscription on November 11. The initial public offering (IPO) will conclude on November 13. The equity shares are proposed to be listed on the BSE SME Platform, with a tentative listing date of November 18, the company said in a statement. The IPO is a combination of a fresh issue of 29.08 lakh equity shares ...Read More >
New Delhi, Nov 6 (PTI) GlaxoSmithKline Pharmaceuticals on Thursday posted a 2 per cent year-on-year increase in its net profit to Rs 255 crore in the second quarter ended September 30, 2025. The drug firm reported a net profit of Rs 249 crore during the July-September quarter of the last fiscal. Revenue from operations, however, declined to Rs 974 crore in the September quarter as against Rs 1,000 crore in the year-ago period, GlaxoSmithKline Pharmaceuticals said in a regulatory filing. Topli ...Read More >
New Delhi, Nov 4 (PTI) Berger Paints India Ltd on Tuesday reported 23.53 per cent decline in consolidated net profit at Rs 206.38 crore for September quarter FY26, on account of lower sales of exterior products and increased investments in brand building. The company had posted a net profit of Rs 267 crore in the July-September period a year ago, according to a regulatory filing from Berger Paints India. However, revenue from operations was up 1.9 per cent to Rs 2,827.49 crore in September qua ...Read More >
Mumbai (Maharashtra) [India], November 3: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, has partnered with the International Film Festival of India (IFFI) and the National Film Development Corporation (NFDC), under the Ministry of Information and Broadcasting, to launch India's first Artificial Intelligence (AI) Film Festival and Hackathon. The initiative will be held from November 20 to 28, 2025, during the 56th edition of IFFI in Goa. Also ...Read More >
New Delhi, Nov 3 (PTI) Tata Consumer Products Ltd (TCPL) on Monday reported a 10.7 per cent increase in consolidated net profit to Rs 406.51 crore in the second quarter ended September 2025, led by India business. The company had posted a consolidated net profit of Rs 367.21 crore in the July-September quarter a year ago, according to a regulatory filing from TCPL, the Tata group's FMCG arm. Its revenue from operations rose by 17.83 per cent to Rs 4,965.9 crore in the September quarter of FY'2 ...Read More >
BusinessWire India Mumbai (Maharashtra) [India], November 3: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, has partnered with the International Film Festival of India (IFFI) and the National Film Development Corporation (NFDC), under the Ministry of Information and Broadcasting, to launch India's first Artificial Intelligence (AI) Film Festival and Hackathon. The initiative will be held from November 20 to 28, 2025, during the 56th edition o ...Read More >
Maruti Suzuki Q2 Results: The company's revenue from operations grew 13% YoY to Rs 42,344.20 crore, up from Rs 37,449.20 crore in the corresponding period of the previous financial year. Automaker Maruti Suzuki India on Friday announced its results for the July-September quarter of FY26, reporting a 7.9% year-on-year (YoY) rise in consolidated net profit to Rs 3,349 crore, compared with Rs 3,102.5 crore in the same quarter last year. The company's revenue from operations grew 13% YoY to Rs 42, ...Read More >
Mumbai, Oct 31 (SocialNews.XYZ) Actress Deepika Padukone, who has been a strong advocate for mental health awareness, reacted to cricketer Jemimah Rodrigues' recent revelation about battling anxiety. The 'Om Shanti Om' actress, known for openly sharing her own struggles with depression in the past, praised Jemimah for her honesty and courage in speaking up, highlighting the importance of conversations around mental well-being in sports and beyond. Taking to her Instagram Stories, Deepika Paduko ...Read More >
New Delhi [India], October 31 (ANI): Billionbrains Garage Ventures Limited, the parent company of investment platform Groww, will open its initial public offering (IPO) on Tuesday, November 4, 2025, according to a press release issued by the company. The company has set a price band of Rs 95 to Rs 100 per equity share for the offer. Bids can be made for a minimum of 150 equity shares and in multiples of 150 thereafter. The IPO consists of a fresh issue of shares worth Rs 10,600 million and an o ...Read More >
New Delhi, Oct 30 (PTI) Shares of infrastructure major Larsen & Toubro (L&T) ended nearly 1 per cent higher on Thursday after the firm reported a 15.6 per cent increase in consolidated net profit for the September quarter. The stock climbed 0.91 per cent to settle at Rs 3,987.80 on the BSE. During the day, it rallied 2.80 per cent to Rs 4,062.50. At the NSE, the stock went up 0.74 per cent to Rs 3,987.50. Larsen & Toubro on Wednesday reported a 15.6 per cent increase in consolidated net profi ...Read More >
New Delhi, Oct 28 (PTI) IT firm Happiest Minds Technologies on Tuesday reported a 9 per cent increase in consolidated net profit to Rs 54 crore in the September quarter. The Bengaluru-headquartered IT firm had logged a profit of Rs 49.5 crore in the year-ago period, according to a regulatory filing. The company's revenue for operations rose 9.95 per cent to Rs 573.57 crore, as against Rs 521.64 crore a year ago. Seen sequentially, profit fell 5.4 per cent while revenue increased 4.3 per cent. ...Read More >
Mumbai, Oct 28 (PTI) The Multi-Commodity Exchange faced disruptions to operations due to a technical issue on Tuesday, forcing it to commence trading over 4 hours late and shift operations to its disaster recovery site. The commodities bourse said that all its trading systems are now functioning normally and an investigation into the issue has been initiated on priority. "Due to a technical issue at the Exchange, the commencement of trading on Tuesday, October 28, 2025, was delayed. Operations ...Read More >
Jana Small Finance Bank's application to become a universal bank has been returned by the Reserve Bank of India due to non-fulfilment of criteria. While the exact reasons are yet to be clarified, the bank plans to rectify issues and reapply. This setback postpones plans to reduce funding costs, though daily operations remain largely unaffected. Mumbai, Jana Small Finance Bank on Tuesday said the Reserve Bank of India (RBI) has returned its application to become a universal bank due to non-fulfi ...Read More >
The investment is part of the company's planned capital expenditure, reflecting strong business momentum, a robust late-stage development pipeline, and increasing demand for scalable capacity across CMC development and manufacturing. Sai Life Sciences Ltd. on Monday, October 27, announced that it is setting up a new research and development (R&D) block for chemical, manufacturing, and controls processing Hyderabad campus. The five-storeyed facility, designed as a green building, is expected to ...Read More >
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