Kalyan Jewellers is one of the largest jewellery retailers in India. The company has a strong presence in both the domestic and international markets. Kalyan Jewellery , one of India’s largest jewelry retailers, has reportedly been involved in significant block deals worth approximately ₹3,585 crore. These transactions were executed at […]
Latest Market News
Latest Market News: Comprehensive Updates on Global Financial Markets
Stay informed with the most recent developments in global financial markets. Our “Latest Market News” segment provides real-time updates and in-depth analysis on key financial events, stock market trends, economic indicators, and corporate earnings reports. Whether you are an investor, financial professional, or simply interested in the economic landscape, this segment delivers essential information to help you make informed decisions.
The Indian Renewable Energy Development Agency (IREDA), a green financing non-banking financial company (NBFC), is considering raising up to Rs 4,500 crore through a Qualified Institutional Placement (QIP), right issue or other means. The company informed exchanges about this on August 21. A board meeting will be held on Thursday, […]
Axiscades Technologies, a leading engineering solutions provider, has announced that its subsidiary, Epcogen, has secured a significant contract from a UK-based energy storage technology company, Highview Power. The contract is for the engineering, construction, and procurement (EPC) of a large-scale liquid air energy storage (LAES) facility in Manchester, UK. This […]
A significant block deal took place on August 20 involving Zomato’s shares, where approximately ₹5,438.50 crore worth of shares were sold. The likely seller in this transaction was Antfin Singapore Holding, a subsidiary of the Alibaba Group. The deal involved 21 crore shares, representing a 2.4 percent stake in Zomato. […]
Vedanta Limited has announced plans to offload a 2.6% stake in its subsidiary, Hindustan Zinc, through an Offer For Sale (OFS). This move comes after Hindustan Zinc reported its first profit growth in six quarters. The company has reported a 19.4% year-on-year increase in net profit for the April-June quarter. […]
Suzlon Energy has achieved a significant milestone as its market capitalization exceeds Rs 1 lakh crore for the first time in its history. This landmark achievement underscores the company’s strong market performance and growing investor confidence, reflecting its prominence in the renewable energy sector.”
The Indian stock market saw significant gains today. The Sensex rose by 750 points, reaching around 79,500, while the Nifty climbed to 24,300. The positive movement was influenced by strong performances in various sectors, including IT and banking, as well as mixed global cues. Investors are closely watching quarterly earnings […]
Morepen Laboratories Ltd, a pharmaceutical company, has initiated a Qualified Institutional Placement (QIP) to raise a substantial amount of Rs 250 crore. The company has also included a greenshoe option to potentially increase the issue size by an additional Rs 115 crore. Key Details of the QIP: Issue Size: Rs […]
Infosys, India’s second-largest IT company, has been issued a demand notice for alleged tax evasion amounting to over Rs 32,000 crore by the Directorate General of GST Intelligence (DGGI). Tax Demand: The demand is for Rs 32,403.46 crore for IGST under RCM on supplies received from overseas branch offices. Reverse […]
Breakdown of the Headline 1.Indices off day’s high: The stock market indices, such as the Sensex and Nifty, reached their highest point for the day but then declined from that peak. 2.Banks pare gains: Banking stocks, which had been performing well, started to see their gains reduced or eliminated. 3.Realty […]