In order to collect money through an Initial Public Offering (IPO), the government-run Indian Renewable Energy Development Agency (IREDA) has submitted draft papers with Sebi. The state-owned company is planning to go public for the third time following two unsuccessful bids in 2017 and 2019 against the backdrop of unfavourable market conditions. According to the [...]
This Aditya Birla Group Stock has a market cap of Rs. 1,07,866 crore and it said in a filing dated 11 September 2023 that it has entered into a long term contract with an American company. This company is part of the S&P BSE 100, 200 & 500 along with NIFTY 50 indices. The shares [...]
The RBI has approved the reappointment of Sandeep Bakhshi as Managing Director and CEO of the private lender for three years. Private sector ICICI Bank on Monday said. The reappointment of Bakhshi will be effective from October 4, 2023, till October 3, 2026, ICICI Bank said in a regulatory filing. The bank's shareholders have already [...]
In order to produce reinforced products, Tata Steel on Monday opened a completely automated construction service centre in Uttar Pradesh. The centre in Ghaziabad, which is the company's second such unit after Cuttack in Odisha, will also provide solutions to the construction industry, Ashish Anupam, Chairperson, Marketing & Sales, Long Products, Tata Steel, said while [...]
NTPC Green Energy Limited (NGEL) has entered into a pact with Nayara Energy to explore opportunities in the green hydrogen space. NTPC said in a statement, on Monday the memorandum of understanding (MoU) was signed between NGEL CEO Mohit Bhargava and Nayara Energy Head-Technical Amar Kumar, in the presence of other senior officials of both [...]
The company said on Tuesday that NTC Group, engaged in logistics and supply chain management, has forayed into the Indonesian market further strengthening its presence overseas. Besides having a presence as an integrated logistics solution provider, in Singapore, Malaysia, Hong Kong, Belgium, and Saudi Arabia. NTC Group has launched operations in Jakarta. With the presence [...]
On Friday for public subscription, the initial share sale of travel service provider Yatra Online Ltd will open. According to the Red Herring Prospectus filed on Friday, the three-day Initial Public Offering (IPO) will conclude on September 20 and the bidding for anchor investors will open on September 14 and for retail on September 15. [...]
This airline stock lost over 5% in the market today as the company has to complete the payment of Rs. 100 crore to Kal Airways Private Limited and $1.5 million to Credit Suisse as per the supreme court order by the end of the day. Share price of Spicejet opened at Rs. 41.50 per share [...]
Shares of a small-cap company gained 10.26 percent on Tuesday’s early trades to reach an intraday high of ₹ 538.90 apiece on the National Stock Exchange (NSE). This happened after the company bagged an order from Siemens. At 12:08 PM, its shares were trading at ₹ 512.00 apiece. Elgi Equipments along with its subsidiaries, is [...]
This Small Cap Small Finance Bank said in a filing dated 11 September 2023 that it has jointly filed for a merger with its Financial Services arm, which is also listed on both exchanges. The bank has a market cap of Rs. 9900 crore and the Financial Services Arm has a market cap of 6350 [...]
