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Sebi approves IPO of Akums Drugs, Ceigall India, Orient Tech, Gold Plus

The proceeds from the fresh issuance will be deployed for debt repayment, working capital requirements, and other growth initiatives, including those through acquisitions

Truck rentals dip marginally, used truck prices jump in June: Report

Average price of used commercial vehicles saw a considerable rise across categories in June with 31 to 36-ton category

Mazgon Dock crosses Rs 1 trn mcap, Bansal Wire booked 5.72 times on day 2

Motilal Oswal Nifty India Defence Index Fund collected Rs 1,676 crore during the new fund offer period

LatentView Analytics buys 70% stake in Decision Point for $39.1 mn

Chennai-based digital analytics consulting firm will buy remaining stake in 2 years

Kingdon never disclosed any relationship with Hindenburg: Kotak Mahindra Bank

Kingdon informed KMIL that the transactions were made on a principal basis, i.e. for themselves, said the bank in a stock exchange filing

Hindenburg was never a client or investor of the firm, clarifies KMIL

KIOF is one of the recipients of Sebi's show-cause notice in the Adani short-selling matter issued on June 26, 2024

IT services firm HCLTech launches its first global delivery centre in Bihar

Going forward, the centre will house specialised labs and centres of excellence to boost HCLTech's technology innovation and will offer a wide range of services to global clients, said the company

LIC Chairman Siddhartha Mohanty re-designated managing director & CEO

Arnab Kumar Chowdhury and Charulatha S Kar have taken the charge of executive director (ED) of RBI

Luxury furniture brand Stanley Lifestyles gains 30% on trade debut

At the last close, Stanley Lifestyles was valued at nearly Rs 2,730 crore

Orchid Pharma join hands with Cipla to launch new antibiotic in India

The partnership between Orchid Pharma and Cipla combines Orchid's innovative drug development capabilities with Cipla's extensive distribution network and market presence

Allied Blenders and Distillers IPO subscribed 23.5 times on concluding day

Allied Blenders & Distillers had an estimated market share in sales volume of 11.8 per cent in the Indian whisky market for FY23

Happiest Minds Tech block deal: Shares fall 9%; Ashok Soota likely seller

Happiest Minds block deal news: Reports suggest Happiest Minds' Promoter and Executive Chairman, Ashok Soota, was looking to sell 6 per cent stake in the company through a block deal

Additional director on Bandhan Bank is prudent measure by RBI: Macquarie

On Monday, RBI inducted an additional director on the board of Bandhan Bank - Arun Kumar Singh, former chief general manager of RBI

ICICI Bank mcap tops $100 bn; becomes only sixth Indian co to hit milestone

The private sector lender joins likes of Reliance Industries, Tata Consultancy Services, HDFC Bank, and Bharti Airtel, four other domestically-listed companies with market value of more than $100 bn

RBI inducts addl director on Bandhan Board ahead of CEO Ghosh's retirement

Ex RBI CGM Arun Kumar Singh appointed for one year to ensure smooth leadership transition

CarTrade shares fell after Highdell, MacRitchie offload 13% stake

The company came out with a Rs 3,000-crore IPO in August 2021, where it sold shares at Rs 1,618 apiece

Canara Bank's official X account 'compromised', investigation underway

Bank advised users not to post anything on its X page. The bank page has 0.25 million followers

Nvidia loses title of world's most valued company; stock declines 2%

Nvidia, Microsoft and Apple are in a three-horse race to be the world's most valuable company

Defer rollout of three criminal laws: Mamata Banerjee to PM Modi

She stressed on having a fresh review of the laws by Parliament

Revenue stagnant and margins eroded, impact of high GST on gaming: Report

The report said, "Six companies have witnessed a decline in revenue growth ranging from 10-30 per cent, with certain companies facing a decline of 50 per cent"