Stay updated with the latest common-stock news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on common-stock topics.
Bengaluru: Wipro is gearing up for a key capital allocation decision, signaling a potential return of cash to shareholders as its board prepares to review a share buyback proposal next week. Board To Evaluate Buyback Wipro confirmed that its Board of Directors will examine a proposal to repurchase equity shares during its meeting slated over April 15-16, 2026. The move indicates the company may be considering deploying surplus cash to reward shareholders, a strategy commonly used to improve ea ...Read More >
Steel prices are rebounding and earnings visibility is improving -- Anand Rathi flags three metal stocks that could outperform in Q4 FY26. India's metals and mining companies are seeing stronger pricing, improving demand and better earnings visibility, according to a recent sector note released by Anand Rathi Share and Stock Brokers. The brokerage has identified a handful of companies where the improvement is sharp enough to stand out from the broader pack. Its focus remains on businesses that ...Read More >
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted.) TORONTO, April 09, 2026 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation ("Fairfax India" or the "Company") (TSX: FIH.U) announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd has sold 1,742,987 equity shares, representing its entire equity interest, in Sanmar Chemical Enterprises ...Read More >
New Delhi [India], April 9: Om Power Transmission Limited (the "Company"), a power transmission infrastructure engineering, procurement, and construction ("EPC")company engaged in executing high-voltage ("HV") and extra-high voltage ("EHV") transmission lines, substations, underground cabling projects, and providing comprehensive operation and maintenance ("O&M") services has successfully secured a capital infusion of ₹4,501.47 lakhs pursuant to the allocation to Anchor Investors, on 08th April, ...Read More >
Mumbai (Maharashtra) [India], April 06: Punjab Carbonic Limited, an integrated carbon capture & utilisation and industrial gas solutions company, has filed its Draft Red Herring Prospectusdated March 31, 2026, with the Securities and Exchange Board of India ("SEBI"), BSE Limited and National Stock Exchange of India Limited (collectively, "Stock Exchanges"). The proposed initial public offering will comprise up to 95,00,000 Equity Shares of face value of ₹10 each ("Equity Shares"), consisting of ...Read More >
PNN New Delhi [India], April 9: Om Power Transmission Limited (the "Company"), a power transmission infrastructure engineering, procurement, and construction ("EPC")company engaged in executing high-voltage ("HV") and extra-high voltage ("EHV") transmission lines, substations, underground cabling projects, and providing comprehensive operation and maintenance ("O&M") services has successfully secured a capital infusion of ₹4,501.47 lakhs pursuant to the allocation to Anchor Investors, on 08th A ...Read More >
Mumbai, Apr 8 (PTI) Bosch Group's flagship firm Bosch Limited on Wednesday said it intends to acquire 100 per cent of its vehicle motion business, Bosch Chassis Systems India, through a cash deal and issuance of equity shares on a preferential basis. The move positions Bosch with a more comprehensive mobility portfolio, enabling it to better cater to the evolving demands of the domestic automotive sector, the company said. Bosch Chassis Systems India Private Limited represents the business of ...Read More >
Bosch Ltd. acquires Bosch Chassis Systems India to deliver integrated active safety and braking platforms. Discover the impact on the vehicle motion market. Originally reported by ETAuto Desk at ETAuto (April 8, 2026). Read the full story → The Indian mobility landscape is racing toward an anticipated 2030 safety revolution. Domestic regulations and EV adoption are shifting baseline chassis requirements. Recognizing this shift, Bosch Ltd. will acquire 100 percent of Bosch Chassis Systems India ...Read More >
New Delhi, Apr 8: Japan's MUFG Bank on Wednesday acquired a 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India's financial services sector. Board approval and share allotment "This follows the approval by SFL's Board of Directors, at its meeting held today, of the allotment of equity shares to MUFG Bank through a preferential issue," SFL said in a statement. MUFG Bank has subscribed to 471,121,055 equity ...Read More >
New Delhi, Apr 8 (PTI) Japan's MUFG Bank on Wednesday acquired 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India's financial services sector. "This follows the approval by SFL's Board of Directors, at its meeting held today, of the allotment of equity shares to MUFG Bank through a preferential issue," SFL said in a statement. MUFG Bank has subscribed to 471,121,055 equity shares at an issue price of Rs 8 ...Read More >
New Delhi (ABC Live): Competition approvals in India are often delivered in dry, technical language. This one does too. On April 7, 2026, PIB said CCI approved the acquisition by Indriya Ltd. of equity shares amounting to 14.286% of Aditya Birla Housing Finance Ltd. through a preferential issue on a private placement basis, calculated on a fully diluted, post-issue basis. PIB also described the acquirer as an investment holding company with no current operations in India. In contrast, it describ ...Read More >
New Delhi: The Competition Commission of India (CCI) on Tuesday approved Advent International's proposal to pick up a 14.3% stake in Aditya Birla Housing Finance. In February, the boards of Aditya Birla Capital and its subsidiary Aditya Birla Housing Finance (ABHFL) had cleared a proposal for a primary capital infusion of Rs 2,750 crore in ABHFL from Indriya, an Advent International entity. "The proposed combination envisages acquisition of equity shares (by way of preferential issue on a priv ...Read More >
Mumbai: Shares of Power Finance Corporation (PFC) and REC Limited saw strong movement in the market. Around 2 PM, PFC stock was up nearly 1 percent at about Rs 410, while REC shares also gained around 1 percent to trade near Rs 330. The rise came after reports of a possible merger between the two companies. Government's New Strategy According to sources from the Finance Ministry, the government is exploring a new approach for the merger. If PFC and REC combine, the government may not need to h ...Read More >
Hyderabad: Aurobindo Pharma's board on Monday approved a Rs 800 crore share proposal to buy back up to 54.23 lakh fully paid-up equity shares of the company of face value Rs 1 each at Rs 1,475 a share.The proposed buyback, which is subject to regulatory and statutory approvals, represents up to 0.93% of the total number of equity shares in the company's total paid-up equity share capital.The Hyderabad-based generics drug maker informed the bourses that April 17, 2026, has been fixed as the recor ...Read More >
KOLKATA, India, April 4, 2026 /PRNewswire/ -- In a retail landscape often dominated by headline-grabbing metro brands, Baazar Style Retail Limited has been steadily building something far more grounded and arguably more scalable. Its latest numbers, and a fresh Rs 82.88 crore investment from Cupid Limited, suggest that the market is beginning to take sharper notice. For the financial year ending March 2026, Baazar Style reported revenues of Rs 18,421 million, marking a 37 percent year-on-year g ...Read More >
New Delhi, Apr 2 (PTI) Shares of Basmati rice exporter Amir Chand Jagdish Kumar (Exports) on Thursday listed at a discount of more than 17 per cent against the issue price of Rs 212. The stock began trading at Rs 195, down 8.02 per cent on the BSE. Later, it extended its losses by plunging 17.22 per cent to close at Rs 175.50 apiece -- also its lower circuit limit. On the NSE, it started trading at Rs 200, down 5.66 per cent. Later, the stock slumped 15.09 per cent to settle at Rs 180, also it ...Read More >
New Delhi, Apr 2 (PTI) Shares of Sai Parenteral's, a diversified pharmaceutical formulation company, on Thursday ended with a premium of nearly 4 per cent against the issue price of Rs 392. The stock made its market debut at Rs 405, up 3.32 per cent from the issue price on the BSE. During the day, it rose 6.17 per cent to hit an intra-day high of Rs 416.20. Later, it ended at Rs 406.40, up 3.67 per cent on the exchange. On the NSE, shares of Sai Parenteral started trading at Rs 400, up 2.04 pe ...Read More >
New Delhi, Apr 2 (PTI) Shares of Sai Parenteral's, a diversified pharmaceutical formulation company, on Thursday listed with a premium of over 3 per cent against the issue price of Rs 392. The stock made its market debut at Rs 405, up 3.32 per cent from the issue price on the BSE. On the NSE, the stock started trading at Rs 400, up 2.04 per cent. The company's market valuation stood at Rs 1,784.84 crore on the NSE. The listing comes amid a weaker broader trend, with benchmark indices trading ...Read More >
Mumbai: IRB Infrastructure has completed a major bonus share issuance, significantly expanding its equity base. IRB Infrastructure's board committee approved the allotment of 603,90,00,000 bonus equity shares. The issuance follows earlier announcements in February and March 2026, confirming the company's move to reward shareholders through a stock-based distribution. The bonus shares were issued in a 1:1 ratio, meaning shareholders received one additional share for every existing share held. E ...Read More >
New Delhi, Apr 2 (PTI) Shares of basmati rice exporter Amir Chand Jagdish Kumar (Exports) on Thursday listed with a discount of 8 per cent against the issue price of Rs 212. The stock began trading at Rs 195, a decline of 8.02 per cent on the BSE. Later, it extended losses by plunging 10.59 per cent to Rs 189.55. On the NSE, it started trading at Rs 200, a drop of 5.66 per cent. The scrip of the company later plunged 12 per cent to trade at Rs 186.76 on the exchange. The company's market valu ...Read More >
Gujarat Victory Forgings IPO | The proposed offer comprises a fresh issue of up to 65 lakh equity shares and an offer for sale of up to 1.32 crore equity shares by a promoter. Gujarat Victory Forgings Ltd has filed draft papers with the capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of up to 65 lakh equity shares and an offer for sale of up to 1.32 crore equity shares by a promoter, according to the draft red her ...Read More >
New Delhi, Apr 1 (PTI) Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed preliminary papers with markets regulator Sebi through the confidential route to float an initial public offering (IPO). The company has opted for the confidential pre-filing route, which allows it to engage with the Securities and Exchange Board of India (Sebi) for initial feedback on its draft document without it being publicly disclosed. Companies increasingly prefer this route because it offers more flexi ...Read More >
New Delhi, Apr 1 (PTI) More than two dozen companies filed preliminary papers with capital markets regulator Sebi to raise funds through initial public offerings (IPOs) in the last two days of FY26, reflecting sustained primary market momentum. Among those that filed draft papers are Sadbhav Futuretech, TC Terrytex, Monomark Engineering (India) Ltd, Adroit Industries (India), Punjab Carbonic, Nityas Gems and Jewellery, Expression 360 Services India Ltd, Absolute Project (India) Ltd, Bvishal Oil ...Read More >
New Delhi, Apr 1 (PTI) Auto components maker Kay Jay Forgings Ltd has filed draft papers with markets regulator Sebi to raise Rs 360 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of shares worth Rs 60 crore by promoters, taking the total issue size to Rs 360 crore, according to the draft red herring prospectus (DRHP). The company may also consider a pre-IPO placement of up to Rs ...Read More >
SINGAPORE - GCL Global Holdings Ltd (NASDAQ:GCL) announced today that its publishing subsidiary 4Divinity Pte. Ltd. has entered into a three-year distribution agreement with Syngrid Technology HK Limited, according to a press release statement. Under the agreement, 4Divinity will provide Syngrid with rights to distribute game titles from its library, with customers able to access and activate games through official websites or client platforms. The distributed titles will include Showa American ...Read More >
New Delhi, Mar 31 (PTI) Zetwerk Manufacturing Businesses has filed preliminary papers with markets regulator Sebi through the confidential route for an initial public offering (IPO) to raise between Rs 4,000 crore and Rs 5,000 crore. The proposed offering is expected to comprise a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders, with details on issue size and valuation to be finalised through the book-building process, people familiar with the development said. ...Read More >
New Delhi, Mar 30 (PTI) Railway components maker Pioneer Fil-Med Ltd has filed draft papers with the markets regulator Sebi to raise Rs 500 crore through an Initial Public Offering (IPO). The proposed issue comprises a fresh issue of equity shares aggregating Rs 250 crore and an Offer For Sale (OFS) of shares worth Rs 250 crore by existing shareholders, according to the Draft Red Herring Prospectus (DRHP) filed on Sunday. The OFS includes stake sales by promoter Pioneer Facor IT Infradeveloper ...Read More >
New Delhi, Mar 31 (PTI) Solar module manufacturer Cosmic PV Power Ltd has filed draft papers with markets regulator Sebi to raise Rs 640 crore through an Initial Public Offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 540 crore and an Offer For Sale (OFS) of shares worth up to Rs 100 crore by existing shareholders, taking the total issue size to Rs 640 crore, according to the Draft Red Herring Prospectus (DRHP) filed on Monday. The company proposes ...Read More >
New Delhi, Mar 31 (PTI) Consumer electronics retailer Sathya Agencies Ltd has filed preliminary papers with markets regulator Sebi to raise Rs 600 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of equity shares worth Rs 300 crore by promoters, taking the total offer size to Rs 600 crore, according to the draft red herring prospectus (DRHP) filed on Monday. The OFS includes the sal ...Read More >
New Delhi: The National Stock Exchange (NSE) has initiated the process for its long-awaited initial public offering (IPO) by reaching out to existing shareholders to gauge their interest in participating through the offer for sale (OFS) route, according to sources. In a communication to investors, the exchange has invited expressions of interest (EOI) from shareholders willing to offload part or all of their holdings as part of the proposed public issue. It marks a formal step forward in the NS ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.