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Aditya Birla Sun Life AMC IPO subscribed 5.2x, mops up Rs 10,374 cr

Institutional investor portion subscribed 10.4 times, HNI 4.4 times and retail portion was subscribed 3.22 times

Aditya Birla Sun Life AMC IPO subscribed 5.2x, mops up Rs 10,374 cr
Updated On : 02 Oct 2021 | 12:54 AM IST

Adar Poonawalla-backed pharmacy chain Wellness Forever files for IPO

Plans to raise Rs 1,500-1,600 cr; This is the second pharmacy chain to file for IPO after Hyderabad-based MedPlus, which filed its DRHP with Sebi in August

Adar Poonawalla-backed pharmacy chain Wellness Forever files for IPO
Updated On : 02 Oct 2021 | 12:52 AM IST

Five-week winning run of indices ends amid rise in bond yields, oil prices

The broader Nifty50 declined 86.10 points or 0.49 per cent to close at 17,532.05

Five-week winning run of indices ends amid rise in bond yields, oil prices
Updated On : 02 Oct 2021 | 12:51 AM IST

Manufacturing activity grows in September on strengthening demand: PMI

The IHS Markit PMI for manufacturing rose to 53.7 in September from 52.3 recorded in August, highlighting a stronger expansion in overall business conditions

Manufacturing activity grows in September on strengthening demand: PMI
Updated On : 02 Oct 2021 | 12:46 AM IST

Paras Defence skyrockets 2.85 times offer price on stock market debut

The company now holds record for most-subscribed IPO and best-listing day performance

Paras Defence skyrockets 2.85 times offer price on stock market debut
Updated On : 02 Oct 2021 | 12:42 AM IST

Capex plans snap growth trend in Q2, new projects down 59%: CMIE data

Investments are down over June 2021, as well as over September last year

Capex plans snap growth trend in Q2, new projects down 59%: CMIE data
Updated On : 02 Oct 2021 | 12:39 AM IST

The highs, hurdles and grey areas in Adani's green energy dreams

Despite a $20-billion investment announcement in renewable power, the group is yet to commit to a net-zero investment in coal, and analysts question its debt burden

The highs, hurdles and grey areas in Adani's green energy dreams
Updated On : 02 Oct 2021 | 6:08 AM IST

IPO filing hits century this year amid favourable market conditions

Mobilisation by way of initial offerings is already near the 2017 record tally of Rs 67,147 crore

IPO filing hits century this year amid favourable market conditions
Updated On : 02 Oct 2021 | 12:38 AM IST

GST collection grows 23% to Rs 1.17 trn in Sep, surpasses pre-Covid levels

The collection continues to exceed Rs 1 trillion mark for the third month showing clear signs of recovery

GST collection grows 23% to Rs 1.17 trn in Sep, surpasses pre-Covid levels
Updated On : 02 Oct 2021 | 12:32 AM IST

PE-VC investments surge to record $49 bn in first nine months of CY2021

Investments worth $20 bn in unicorns account for nearly 41% of the value pie so far in CY2021, which has seen the addition of 29 billion-dollar companies

PE-VC investments surge to record $49 bn in first nine months of CY2021
Updated On : 02 Oct 2021 | 12:29 AM IST

India's trade deficit surges 675% on high imports; exports up 21%

The trade deficit in September was at $22.94 billion as gold imports jumped nearly 750 per cent to $5.11 billion

India's trade deficit surges 675% on high imports; exports up 21%
Updated On : 02 Oct 2021 | 12:27 AM IST

Millennials are becoming largest consumer group for hotels: Descrozaille

Accor India COO says the firm has 17 new projects in the pipeline with three hotels opening this year

Millennials are becoming largest consumer group for hotels: Descrozaille
Updated On : 02 Oct 2021 | 6:05 AM IST

Pandemic-hit Puja

There's little doubt that the glitter of Bengal's Puja faded during the Covid-era

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Updated On : 02 Oct 2021 | 12:04 AM IST

Identity politics finds a fresh level

In the coming days, a new political refrain - Hindu, Muslim, or tribal, I am a proud Jharkhandi - can be expected from Ranchi

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Updated On : 01 Oct 2021 | 11:58 PM IST

ITC Hotel to launch new luxury hotel brand Mementos across destinations

Together with Storii, the hotel chain is looking to create differentiated experience for travellers

ITC Hotel to launch new luxury hotel brand Mementos across destinations
Updated On : 01 Oct 2021 | 11:44 PM IST

Ex-Ford India head Anurag Mehrotra joins Tata Motors' CV business unit

Following the restructuring announced by Ford, Mehrotra, 48, resigned from the firm on September 24

Ex-Ford India head Anurag Mehrotra joins Tata Motors' CV business unit
Updated On : 01 Oct 2021 | 11:42 PM IST

IPL 2021 KKR vs PBKS highlights: Punjab steals a win in last-over thriller

Punjab chased down the target in 19.3 overs with K L Rahul (67 off 55) leading from the front. Shahrukh Khan smashed an important 22 not out off nine balls.

IPL 2021 KKR vs PBKS highlights: Punjab steals a win in last-over thriller
Updated On : 01 Oct 2021 | 11:41 PM IST

UK-based Causis E-Mobility to invest Rs 2,800 crore to set up EV plant

UK-based firm signs MoU with the Maharashtra Govt

UK-based Causis E-Mobility to invest Rs 2,800 crore to set up EV plant
Updated On : 01 Oct 2021 | 11:35 PM IST

It's action replay as Birla Corp AGM poll results spark fresh row

The APL (Administrators Pendente Lite) committee-backed nominee failed to muster the required votes to make it to the board of Birla Corporation Ltd

It's action replay as Birla Corp AGM poll results spark fresh row
Updated On : 01 Oct 2021 | 11:31 PM IST

India Inc's credit profile gets stronger during Covid-19 pandemic

But rating agencies warn that broad-based upturn not visible yet

India Inc's credit profile gets stronger during Covid-19 pandemic
Updated On : 01 Oct 2021 | 11:28 PM IST