The Indian benchmarks opened on a negative note on Tuesday. The Sensex was down 361.86 points or 0.62% and opened at 58412.01, and the Nifty was down 114.70 points or 0.66% to open at 17376. The bears also crippled the Adani group stocks as all the seven listed companies under the group were trading in [...]
The shares of Devyani International (DIL) tanked 7% to ₹ 182.50 on the BSE on Tuesday’s intra-day trade. Mauritius-based Dunearn Investments Pte Ltd is planning to sell a 2.4% stake in the quick service restaurants chain operator. Dunearn Investments Pte Ltd was among the public shareholders of the company and it holds a 16.26% stake [...]
RBL Bank on Monday said its board has approved raising up to Rs 3,000 crore to fund the lender's business growth. The fund raising will be subject to the approval of the shareholders, the bank said in a regulatory filing. Besides, the board has approved issuance of 1.75 crore additional equity stock options exercisable into [...]
New Delhi, Aug 22 (PTI) A Delhi court has denied bail to businessman Ajay Ramesh Nawandar in a Rs 34,615-crore bank fraud case involving Dewan Housing Finance Limited (DHFL), on account of his possible influence on both evidence and witnesses. The court held that the accused was prima facie complicit at some stage in the diversion [...]
State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday announced the appointment of Sukhmal Jain as its director for marketing. Prior to his elevation to the board, he was the Executive Director Incharge (Marketing Corporate) in the Corporate Office and before that the head of Gas Business Unit, the firm said in a statement. A Mechanical [...]
Small-cap companies are those that have a market capitalization of less than ₹ 5,000 crores. As the name suggests, these companies are relatively small in size but have significant growth potential. However, SEBI’s rules state that all the companies that are ranked from the 251st position onwards in terms of market capitalization are automatically categorised [...]
The share price of D B Corp, a media and entertainment company escalated to hit a fresh 52-week high of ₹112.00 apiece. The shares of the company gained a whopping 17% as compared to their previous close of ₹ 95.6 apiece on the National Stock Exchange. Further, they gained 33.83 % in the past month [...]
On Monday afternoon, The Sensex was down 711.89 points or 1.19% at 58934.26, and the Nifty was down 216.50 points or 1.22% at 17542. Amid the volatility in the market, dividends are considered to be a passive source of income. Here are some stocks that will trade ex-dividend this week: Jubilant Ingrevia Limited The Stock [...]
Sanofi India Ltd’s share price took a beating in response to litigation threats and a cancer drug development setback. The finance chief of the pharmaceutical company said on Wednesday that a decline was strongly exaggerated and posed a buying opportunity for savvy investors. Sanofi India is engaged in the business of manufacturing and sale of [...]
The shares of Adani Enterprises Limited have been in the buzz for quite some time now as the stock has been making and breaking multiple record highs. On Monday, despite the volatile markets, Adani Enterprises shares gained 1.4% till 11.40 am and were trading at Rs 3,171 levels. The stock has been rallying as the [...]
