BlueStone Jewellery & Lifestyle Ltd. stumbled out of the gate on Tuesday, making a weak debut on the Indian bourses despite a Rs 1,540.65 crore initial public offering (IPO) that had drawn a fair amount of institutional interest.Shares opened at…
Market on Monday | Sensex, Nifty rise a percent on S&P upgrade, GST revamp hopes Benchmark equity indices ended higher for a third consecutive session on August 18, helped by cooling oil prices following Trump-Putin talks, India's sovereign rating upgrades…
Priced at ₹315-332 per share, the ₹2,079.37-crore IPO comprises a fresh issue of ₹1,500 crore and an offer for sale worth ₹579.37 crore by the promoters. At the upper end of the price band, Vikram’s market capitalisation is estimated at…
SEBI, in the paper, proposed to increase the MPO for companies approaching listing, MPS post listing and extend the timelines to achieve the latter. | Photo Credit: FRANCIS MASCARENHAS Securities and Exchange Board of India (SEBI) has proposed to increase…
Paradeep Phosphates plans Rs 1,500 crore expansion to double market share by FY26. Capacity increase, MCFL acquisition, and NPK focus.New Delhi, Aug 18 (PTI) Fertiliser manufacturer Paradeep Phosphates Ltd (PPL) plans to invest over Rs 1,500 crore in capacity expansion…
hares of Maruti Suzuki India Ltd. (MSIL) surged over 9% on Monday, hitting an intra-day high of Rs 14,125 on the National Stock Exchange (NSE), as investors cheered the government’s proposed overhaul of the Goods and Services Tax (GST) regime.…
Sebi’s annual report for 2024-25 reveals a landmark year for Indian financial markets. IPO fundraising exploded to a record Rs 1.7 lakh crore across 320 companies, cementing India’s global leadership in public offerings. Simultaneously, mutual fund democratisation accelerated with tier…
India’s electric vehicle (EV) sector is growing at a rapid pace. The India Brand Equity Foundation (IBEF) reports that EV sales increased 16.9% in FY25 to 1.97 million units from 1.75 million in FY24. Electric two-wheelers jumped 21.2% to 1.15…
India’s traditional PC market grew 8.1 per cent year-over-year (y-o-y) in Q125, with 3.3 million units shipped, according to data from the International Data Corporation (IDC). HP retained its leadership in India’s PC market with a 29.1 per cent share in…
The steep tariff imposed on Indian exports to the US has evoked concerns among staffing experts with some of them warning of an immediate jobs crisis while others believe India's domestic demand and trade diversification will help cushion the impact.…