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GQG Partners acquires 5.96% stake in Patanjali Foods via offer of sale

The floor price for the deal was kept at Rs. 1,000 per share but the allotment to non-retail investors was done at a share price of Rs. 1,103.80.

Will go back to GST Council to reconsider tax on online gaming: MoS IT

The GST Council on July 11 decided to impose 28 per cent tax on full face value of bets in online gaming, casinos and horse trading

TN calls topping export preparedness index proof of its pro-biz climate

Tamil Nadu's electronics exports posted almost a two-fold increase in electronic exports from $1.86 billion in 2021-22 to $5.37 billion in 2022-23

Need to grow at 7.6% to be a developed nation by 2047-48, says RBI

Sustainable path to development requires investment in physical capital & comprehensive reforms across sectors covering education, infrastructure, healthcare & technology to raise productivity: Study

Merged HDFC Bank mcap settles at $154.2 bn; 7th most valuable bank globally

Monday was the first day when the 3.11 billion new shares of HDFC Bank issued to shareholders of erstwhile Housing Development Finance Corp (HDFC) commenced trading

Netweb Technologies IPO subscribed more than 2 times on first day of issue

Netweb has set Rs 475-500 as the price band for its maiden share sale. At the upper end of the price band, the company is valued at Rs 2,803 crore, nearly 60 times on FY23 earnings

Shares of Angel One tank following action by National Stock Exchanges

NSE said the action against Angel One was for failing to monitor the operations of its APs, which resulted in alleged violation of capital market regulations

Karur Vysya Bank Q1 net surges 57% to Rs 359 cr, sharp improvement in NPAs

Operating profit up 36% to Rs 648 cr, net interest income rises 20% to Rs 897 crore

HDFC Bank net profit rises 30% in June quarter on steady loan growth

NII for the quarter grew 21.1% while the core net interest margin was 4.1% on all assets

Ashok Leyland bags orders worth Rs 800 cr to supply defence vehicles

Company will deliver to the Indian Army field artillery tractor and gun-towing vehicle

North India floods: Irdai asks insurance firms to settle claims quickly

The regulator said insurers have been advised to communicate the nomination of a Senior Executive in each affected State / UT to the Chief Secretary/ Officer concerned of the State immediately

NSE raps Angel One for lapses, slaps Rs 1.67 crore monetary penalty

Angel One has said NSE's order does not affect the existing business or the activities of the APs affiliated with the company

See my role as non-exec board member, a strategic shareholder: Uday Kotak

His term as MD & CEO of Kotak Mahindra Bank ends on December 31, 2023

Netweb Technologies India raises Rs 189 crore from anchor investors

Nomura Funds, Goldman Sachs Funds, ICICI Prudential MF, HDFC MF and Nippon MF were among those who got an allotment

Maharashtra Cabinet rejig: Pawar gets finance, 8 from NCP get portfolios

Pawar was the finance and planning minister in the Uddhav Thackeray-led Maharashtra Vikas Aghadi government that collapsed when Shinde walked out of the Shiv Sena

Trucking aggregator LetsTransport raises $25 mn in Series D funding round

The company claims to be one of the largest aggregators of commercial EVs in India

Utkarsh SFB's offer is second IPO to be subscribed over 100x in a fortnight

Sold 102 times, attracts bids over Rs 30,000 cr as institutional portion is subscribed 125x

JBM Auto shares surge 11% following 5,000 electric buses order from STUs

The company sells sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories and maintenance contract of buses

Shares of Senco Gold surge 28% during stock market debut on Friday

The stock hit a high of Rs 444 and a low of Rs 401 on the BSE

Patanjali OFS retail portion sees strong demand from retail investors

Following the OFS, the company will become compliant with the 25 per cent minimum public shareholding norms