CA Swift Investments on Monday divested a 2.5 per cent stake in logistics firm Delhivery Ltd for ₹ 607 crores through an open market transaction. It is a special-purpose vehicle owned and controlled by Carlyle Group which held a 5.07 per cent stake in the company. Delhivery’s pre-IPO lock period ended and its shares were [...]
The shares of Bharti Airtel Ltd opened at Rs 853 on Tuesday and gained more than 1 per cent in the early trading hours to reach its new 52-week high of Rs 860.55. In the past month, the stock has gained approximately 6 per cent. The shares of Bharti Airtel Ltd have been on an [...]
Paytm’s (One 97 Communications Ltd) shares slumped to reach a 52-week low of ₹ 483.20 apiece on Wednesday. Its shares have lost 18.26% in the past five days. While SoftBank divested a stake, three FPIs bought a stake. This buoyed its share price. However, its shares are reeling under pressure again. The digital payments giant’s [...]
Lupin Ltd said that its corporate social responsibility (CSR) arm, Lupin Human Welfare and Research Foundation (LHWRF) has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to strengthen the healthcare system. Its shares were trading at 715.25 apiece at 12:43 PM on Wednesday. It will address the prevalence of Cardiovascular Disease (CVD) [...]
The shares of the Indian Energy Exchange, which has a monopoly in its segment, rose as much as 5 per cent till the afternoon on Monday after the company informed its Board of Directors would meet on November 25th to consider and approve a share buyback proposal. However, in the early hours of Tuesday, the [...]
Adani group's open offer to acquire an additional 26 per cent stake in the media firm New Delhi Television (NDTV) from the market would start from Tuesday. The offer, for which a price band of Rs 294 per share has been fixed, will open on November 22 and closes on December 5, said a notice [...]
The shares of Alstone Textiles (India) were locked in an upper circuit at Rs 315.45 on Monday. In the past five days, the stock has gained approximately 22 per cent. Alstone Textiles (India) Limited was incorporated in the year 1985 and is engaged in the textile business that includes Cotton, Woollen, Art Silk, Natural Silk, [...]
The National Company Law Tribunal (NCLT) on Monday gave its approval to Jio for the acquisition of Reliance Infratel (RITL). The tribunal asked Jio to deposit Rs 3,720 crore in the State Bank of India (SBI) escrow account to complete the acquisition of RCOM's tower and fibre assets. On November 6, Jio had proposed to [...]
In a major rejig, domestic auto giant Tata motors is set to replace the pharma company Dr Reddy's Laboratories in the 30 shares index of BSE. Asia Index Private Limited, which is responsible for the reconstitution announced that the changes will be effective from December 19th, 2022. The move could lead to buying of $150 [...]
As a part of its periodic review which takes place Semiannually in June and December, the 30 shares index BSE has announced a rejig in its constituents. The index includes some of the highly valued and liquid companies in India. The Sensex Next 50 index is designed to measure the performance of the next 50 [...]
