Walmart-backed fintech major PhonePe on Wednesday said the market cap overhang is a challenge for the potential listing of the company and can not go to the market based on …
Private equity firm Warburg Pincus on Thursday exited Kalyan Jewellers, selling 2.36% stake in the company to promoter T S Kalyanaraman and the remaining 6.81% via block deal. The US-based …
PVR Inox’s stock has gained 5% in the past three trading sessions following the success of Stree 2 and on account of factors such as strong line-up of films in …
The Indian rupee slipped to its weakest closing level on Monday, pressured by a decline in its Asian peers while likely intervention by the Reserve Bank of India ensured the …
Adani Energy Solutions, led by billionaire Gautam Adani, is likely to launch a share sale this week to raise more than $600 million, two sources with direct knowledge of the …
UltraTech Cement does not intend to delist shares of India Cements after it acquires additional stake in the company through an open offer, the company said on Monday. This comes …
A significant June quarter growth in Larsen and Toubro’s core order inflow, which excludes services and development businesses, exceeded market expectations. Core order inflow for the country’s largest infrastructure company …
Nifty ended Thursday with declines of 216.05 points 1% at 22,488.65 led by strong selling pressure in most sectors. The 50-stock index fell for the fifth straight session and is …
Sebi’s new guidelines for managing stock price impact arising from market rumours will ensure that the share price used in the merger and acquisition (M&A), buyback, and other transactions are …
One of the world’s largest money managers Vanguard Group’s India stock portfolio is faring poorly in the current calendar year, with nearly 60% of the 26 stocks languishing. Vanguard, which …