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Trending News

Stock with high FII holding jumps in early trade after it acquires Dutch firm for EUR 12 Million

This company announced an acquisition of a Netherlands Based Firm in a filing dated 26th September 2023. The stock is trading at Rs. 441.10 versus Rs. 447.75 at closing on Tuesday. The company has a market cap of Rs. 7,292 crore and is included in the S&P BSE 500 index. The stock trades 6% away [...]

NBFC stock jumps 5.6% after Kerala High Court quashed the FIR against the company CEO 

The shares of one of India's leading gold loan NBFC firm gained 5.6 percent to Rs 148.20 on Monday after the Kerala High Court quashed the FIR against the company’s Managing Director and CEO VP Nandakumar in a money laundering case.  At 3:25 p.m., Manappuram Finance Ltd shares were trading at a price of Rs [...]

Multibagger Green Energy stock falls up to 3.5% after Investor Group terminates agreement with the company

Shares of this multibagger green energy stock fell up to 3.50 percent on Wednesday after the investor group terminated the shareholder agreement with the company formerly signed eight years back.  With a market capitalization of Rs 34,775.63 crores, the stocks of Suzlon Energy Limited closed at Rs 25.62 in Wednesday’s trading session. The company’s scrip [...]

Small cap stock jumps up to 6% after it received approval for its residential project in Mumbai

The shares of the leading construction company gained around 6 percent to Rs 163.80 on Monday after the company received approval for its Luxurious Residential Project in Mumbai.  At 3:08 p.m., Man Infraconstruction Ltd shares were trading at a price of Rs 158.40 a share, up Rs 4.20 or 2.72 percent on the National Stock [...]

Penny stock jumps up to 4.6% after it received a contract from Ujjivan Small Finance Bank for 5 yrs

The shares of this information technologies company rose 3 percent after it received a contract for end user support service from a small finance bank.  At 9:30 a.m the shares of 3I Infotech were trading green at a share price of Rs 42.30 up by 3 percent from its previous day close and the market [...]

Small cap stock in green after company onboards 17 new customers including a fortune 500 client 

The shares of this midcap stock gained almost 2.5 percent to Rs. 183.10 per share on Wednesday after the company's press release that their cybersecurity business onboarded 17 prominent clients.  At 01:00 shares of Black box Ltd were trading at Rs. 183.15 per share, up by 2.52 percent from previous close price. The company has [...]

Midcap stock jumps 3% after company invests in its subsidiary on a rights basis; Analyst gives a buy call

Shares of this mid-cap stock jumped 3 percent on Wednesday after the company invested in its wholly-owned subsidiary on a rights basis. In the last six months, the company’s stock has gained nearly 25 percent.  With a market capitalization of Rs 46,723.64 crores, the stocks of Aditya Birla Capital Limited (ABCL) started their trading session [...]
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News Alert

Importance of Using an EMI Calculator in Getting a Personal Loan

Importance of Using an EMI Calculator in Getting a Personal Loan

When looking for quick financing options, personal loans often come into our minds due to its unsecured nature, no end use restriction and quicker disbursals. While these loans are easy to avail, their applicants need to factor in their EMI affordability and the optimum loan tenure before making the loan application. The best way to [...]

The Rise Of Online Casinos In India: A Look At The Latest Trends

The Rise Of Online Casinos In India: A Look At The Latest Trends

In recent years, there has been a dramatic surge in the number of Indian players partaking in online casino games thanks to the simplicity with which they may reach these venues thanks to the proliferation of the internet and mobile devices.   Indian players may choose from a wide variety of games that are specifically designed [...]

IPO Alert

Senco Gold IPO subscribed 2.68 times on Day 2 of subscription

The Initial Public Offer (IPO) of jewellery retail player Senco Gold was subscribed 2.68 times on the second day of subscription on Wednesday. The Rs 405 crore-IPO received bids for 2,52,28,190 shares against 94,18,603 shares on offer, as per an update on the NSE. The portion for Retail Individual Investors (RIIs) received 3.67 times subscription, [...]

Senco IPO price band at Rs 301-317 per share

Jewellery retail major Senco Gold Ltd has fixed a price band of Rs 301 to Rs 317 for its Rs 405 crore initial public offering (IPO), which will open for public subscription on July 4, the company said on Monday. The initial share sale will conclude on July 6 and the bidding for anchor investors [...]

Avalon Technologies shares make muted market debut; open 1% lower

Shares of Avalon Technologies made a muted market debut on Tuesday, listing with a discount of over 1 per cent on the BSE, against the issue price of Rs 436. The stock made its debut at Rs 431, a decline of 1.14 per cent from the issue price on the BSE. It further fell 5.43 [...]

Avalon Technologies’ IPO gets subscribed 9% on second day of offer

Avalon Technologies' initial share sale received a lukewarm response from investors, with the offer getting subscribed 9 per cent on the second day of subscription on Wednesday. The Initial Public Offering (IPO) received bids for 10.77 lakh equity shares against 1.14 crore shares on offer, according to the data available with the National Stock Exchange [...]

Global Surfaces shares debut on exchanges with over 17% premium

Shares of Global Surfaces Ltd, which is into processing natural stones and manufacturing engineered quartz, made a smart debut on the exchanges on Thursday, listing with a premium of over 17 per cent against the issue price of Rs 140. The stock made its debut at Rs 163, higher by 16.42 per cent from the [...]

Udayshivakumar Infra IPO subscribed 5.15 times on Day 3

The initial share sale of Udayshivakumar Infra was subscribed 5.15 times on the third day of subscription on Wednesday. The offer received bids for 10,29,54,972 shares against 2 crore shares on offer, according to data available with the NSE. The quota for non-institutional investors was subscribed 8.47 times, while the category for Retail Individual Investors [...]

Top Editor’s Pick

Fundamentally strong EV stock under ₹ 300 with low debt to add to your watchlist 

A company is said to be ‘fundamentally strong’ when it portrays a certain set of characteristics such as strong and consistent financial performance, lower leverage ratios, etc.  Listed below is one such fundamentally strong stock under Rs 300 that one should add to their watchlist:  HBL Power Systems Limited  With a market capitalization of Rs [...]

Nikhil Kamath of Zerodha warns retail investors of this risk in the Indian Stock Market in 2023

Zerodha Broking is India's largest stockbroker and is credited with pioneering the discount broking strategy in the country since it was established in 2010 by Nithin and Nikhil Kamath. Zerodha is India's most technologically sophisticated stock broker, which offers a diverse variety of financial solutions to equities market participants.  Nikhil Kamath of Zerodha highlighted concerns [...]

Smallcap stock jumps after it announces entry into Lithium Ion Storage Cell Industry; Check the target

This S&P BSE 500 stock jumped 3% on Monday after it said in a press release that it is entering the Lithium Ion Storage Cell Industry. The stock has a market capitalization of Rs. 11,267 crore and saw volumes that were 2x the previous session and last week's average. The stock closed at Rs. 441.70, [...]

₹ 36.75 To ₹ 1,434: Multibagger stock turns ₹ 1 Lakh to ₹ 39.02 Lakhs in just 3 years

Many investors believe that staying invested in a company for a long period of time helps one receive massive returns. While this statement is quite true for many stocks, there are a few stocks that have delivered massive returns after the Covid-19 crash.  Shilchar Technologies was trading at ₹ 36.75 apiece during the beginning of [...]

Fundamentally strong Chemical stock that is trading at a discount of 30% to keep an eye on

A stock is said to be ‘fundamentally strong’ when it portrays a specific set of characteristics such as consistent and improving financials, favourable leverage ratios, etc.  Listed below is one such fundamentally strong stock that is trading at a discount of up to 30 percent from its 52-week high level:  Anupam Rasayan India Limited  With [...]
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Sep 27, 2023

Fundamentally strong EV stock under ₹ 300 with low debt to add to your watchlist 

Editor's Pick, News

A company is said to be ‘fundamentally strong’ when it portrays a certain set of characteristics such as strong and consistent financial performance, lower leverage ratios, etc.  Listed below is one such fundamentally strong stock under Rs 300 that one should add to their watchlist:  HBL Power Systems Limited  With a market capitalization of Rs [...]

Sep 27, 2023
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Sep 26, 2023

Nikhil Kamath of Zerodha warns retail investors of this risk in the Indian Stock Market in 2023

Editor's Pick, News

Zerodha Broking is India's largest stockbroker and is credited with pioneering the discount broking strategy in the country since it was established in 2010 by Nithin and Nikhil Kamath. Zerodha is India's most technologically sophisticated stock broker, which offers a diverse variety of financial solutions to equities market participants.  Nikhil Kamath of Zerodha highlighted concerns [...]

Sep 26, 2023
7
Sep 23, 2023

₹ 36.75 To ₹ 1,434: Multibagger stock turns ₹ 1 Lakh to ₹ 39.02 Lakhs in just 3 years

Editor's Pick, News

Many investors believe that staying invested in a company for a long period of time helps one receive massive returns. While this statement is quite true for many stocks, there are a few stocks that have delivered massive returns after the Covid-19 crash.  Shilchar Technologies was trading at ₹ 36.75 apiece during the beginning of [...]

Sep 23, 2023
7
Sep 22, 2023

Fundamentally strong Chemical stock that is trading at a discount of 30% to keep an eye on

Editor's Pick, News

A stock is said to be ‘fundamentally strong’ when it portrays a specific set of characteristics such as consistent and improving financials, favourable leverage ratios, etc.  Listed below is one such fundamentally strong stock that is trading at a discount of up to 30 percent from its 52-week high level:  Anupam Rasayan India Limited  With [...]

Sep 22, 2023
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Sep 21, 2023

Power stock gets a buy call by Jefferies for an upside of more than 20%; Are you holding it? 

Editor's Pick, News

Stocks of this power stock under the ‘large-cap’ category are trading in the green after a well-known brokerage gave a Buy recommendation on the company’s stock with an upside of more than 20 percent.  JSW Energy Limited  With a market capitalization of Rs 66,946.52 crores, the stocks of JSW Energy Limited are currently trading at [...]

Sep 21, 2023

Latest Market News

Defence stock to turn 1:2 ex-split this week on Friday; Check the details here 

The shares of this PSU defence stock opened marginally lower today by 0.5 percent, the board has approved stock split in proportion of 1:2. Shares of Hindustan Aeronautics Ltd have delivered returns of 46.61 percent in the last 6 months and 68.88 percent in a year.  At 11:00 shares of Hindustan aeronautics Ltd were trading [...]

Stock to Buy: Fundamentally strong Auto stock to BUY now for an upside of more than 20%

The shares of the leading manufacturer of commercial vehicles gained traction this week after Jefferies raised its 'buy' recommendation to an upside of 20 percent based on Wednesday’s trading price of Rs 3,450.  At 10:52 a.m., on the National Stock Exchange, Eicher Motors Ltd shares were trading at Rs 3,450, down Rs 21.45 or 0.62 [...]

Fundamentally strong EV stock under ₹ 300 with low debt to add to your watchlist 

A company is said to be ‘fundamentally strong’ when it portrays a certain set of characteristics such as strong and consistent financial performance, lower leverage ratios, etc.  Listed below is one such fundamentally strong stock under Rs 300 that one should add to their watchlist:  HBL Power Systems Limited  With a market capitalization of Rs [...]

Nikhil Kamath of Zerodha warns retail investors of this risk in the Indian Stock Market in 2023

Zerodha Broking is India's largest stockbroker and is credited with pioneering the discount broking strategy in the country since it was established in 2010 by Nithin and Nikhil Kamath. Zerodha is India's most technologically sophisticated stock broker, which offers a diverse variety of financial solutions to equities market participants.  Nikhil Kamath of Zerodha highlighted concerns [...]

2 Fundamentally strong stocks at a discount of up to 25% to add to your watchlist

A company of a ‘fundamentally strong’ nature exhibits a specific set of characteristics including strong as well as consistent financial numbers, lower leverage ratios, etc.  Listed below are two such fundamentally strong stocks in different sectors that are at a discount of up to 25 percent from their respective 52-week high level:  Sumitomo Chemical India [...]

Multibagger stock jumps 6.3% after company to consider raising funds

The shares of this Multibagger electric equipment company were trading in green and rose more than 5 percent after the company made an announcement.  On Tuesday at 1 p.m. the shares of Apar Industries were trading at a share price of Rs 5,718 up 5 percent from its previous day close price and the company [...]

Hospital stock in green after company acquires a Kolkata based realty firm 

On Tuesday, 26 September shares of a healthcare company rose almost 2 percent after the company announced that they are going to acquire artistry properties. The stock has gained 30% in the last 1 year.  At 11.50 am shares of Fortis healthcare Ltd were trading at Rs. 338.10 per share, up by almost 1.5 percent [...]

Block Deal: Stock falls by 6% after 13 Lakh shares of the company changed hands

The shares of a leading transformer manufacturing company opened around 6 percent lower on Tuesday after a block deal worth Rs 603 crore took place on the bourse.  At 11:55 a.m., Voltamp Transformers Ltd shares were trading at Rs 4,744.30 apiece, down 3.71 percent from the previous close price and the company has a market [...]

Stock in green after company signs MoU with the Telangana State Govt worth up to ₹ 350 Cr 

Shares of this steel stock under the ‘small-cap’ category soared 2 percent in Tuesday’s trading session after entering into an MoU with the Telangana State Government for setting up a manufacturing plant in the state. The company’s scrip is inching toward its 52-week high level.  With a market capitalization of Rs 10,358.08 crores, the stocks [...]

Oil stock jumps up to 12.5% after board approves the merger with Promoter group company

This small-cap oil exploration and production stock rose 12.5 percent to a 52-week high price of Rs 440.90 on Tuesday’s early trade after the company’s board approved the merger of Antelopus Energy Private Limited and Selan Exploration Technology Limited.  At 11:33 a.m., Selan Exploration Technology Ltd shares were trading at Rs 416.70 a share, up [...]

Smallcap stock jumps 5% after company commissions a new zinc galvanization plant in UP

This small-cap steel fabrication and infrastructure stock rose 5 percent to Rs 53.90 on Tuesday’s early trade after the company commissioned a new Zinc Galvanization Plant with an Annual Capacity of 96000 Metric Tons.  At 10:40 a.m., Salasar Techno Engineering Ltd shares were trading at Rs 52.50 apiece, up 2.93 percent from the previous close [...]

Multibagger stock jumps up to 9% after bagging an order worth ₹ 108 Cr from ONGC

Shares of this multibagger stock under the ‘small-cap’ category rose up to 9 percent on Monday after securing a domestic order from ONGC worth Rs 108 crores.  With a market capitalization of Rs 1,712.64 crores, the stocks of Deep Industries Limited started their trading session on Monday at Rs 261.90 and currently trade at Rs [...]

Green Energy stock announces strategic acquisition; Shares jump in early trade

This S&P BSE Smallcap stock jumped 2% within the first half hour of markets opening on Monday after it announced an acquisition. The stock currently trades at Rs. 65.02 versus 65.26 at previous close. The company has a market cap of Rs. 1,910 crore and is currently trading 14% away from its 52 week high, [...]

22 PSU stocks in which the Government holds more than 75% stake; Do you own any?

The Union government can unlock nearly Rs 1.75 lakh crore if it plans on monetizing its excess stake in these companies ranging from India’s Largest Insurance company LIC to Scooters India Ltd.  The Indian government's surplus holding in LIC is worth more than Rs 86,000 crore as per the September 20 closing price. The Indian [...]

Stocks to Buy: 6 Stocks to buy now for an upside of up to 42% 

On Friday, domestic benchmark indexes closed in the red. The BSE Sensex fell 221.09 points, or 0.33%, ending the week at 66,009.15. Similarly, the NSE Nifty 50 fell 68.10 points, or 0.34%, to 19,674.25.  Meanwhile, here are six stocks in which the brokerages recommend an upside of up to 42%:  Raymond Ltd  Raymond Ltd is [...]

Tata Group stocks with increasing Earnings Per Share to add to your watchlist

Earnings per share (EPS) refers to a company’s profit divided by the outstanding number of equity shares of its common stock. EPS is one of the most important indicators of profitability. The higher a company’s EPS is, the more profitable it is considered to be.  Here are a few Tata group companies that saw a [...]

Stocks to Watch: Fundamentally strong stocks that are trading at a discount of up to 26%

Fundamentally strong companies are those that have strong financials over the years, such as high-profit growth, a low debt-to-equity ratio, and consistent cash flow.  Here are three Fundamentally strong stocks that are trading at up to a 20% discount from their September month high.  KPIT Technologies Ltd  KPIT is a global technology business that provides [...]

Stocks with a high Piotroski Score of 9 to add to your watchlist

Piotroski Score, ranked from ‘zero’ to ‘nine’, is a discrete score based on nine different parameters such as net income, long-term debt, current ratio, gross margin, return on assets, asset turnover ratio, dilution of shares, operating cash flows in the current year, and also checks if the cash flow from operations is greater than the [...]

Sensex and Nifty maintain losses into the fourth session; HDFC shares weigh

On Friday equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session, as investors offloaded healthcare, consumer durable and commodity stocks amid a weak trend in global markets. Traders said that foreign fund outflows and heavy selling in HDFC shares also hit investor sentiments.  The 30-share BSE Sensex fell [...]

Infra expected to boost cement demand by 10-12% this fiscal year: Report

According to a report, The massive infra spending by the government towards building roads, railway lines and power, among others, will boost cement demand by 10-12 per cent this fiscal. The Centre has increased its infrastructure budget allocation for fiscal 2024 by Rs 1.6 lakh crore to Rs 5.9 lakh crore from a revised estimate [...]

Bank stock jumps 10% after entering into a co-lending partnership with NBFC for MSME Loans

Shares of this public sector bank under the ‘mid-cap’ category zoomed 10 percent on Friday after entering into a co-lending partnership with an NBFC company for MSME Loans.  With a market capitalization of Rs 44,151.26 crores, the stocks of Central Bank of India closed at Rs 50.86 on Friday. The scrip witnessed an intra-day high [...]

Stocks in Focus: 4 Stocks to keep an eye on as the festive season is approaching 

The festive season is approaching and it not only brings families and communities together but also sets the stage for a surge in economic activities. Experts believe that Indian as well as global markets rally during this time of the year:  Here are a few stocks that you could add to your watchlist:  Vedant Fashions  [...]

Noida Power Company Ltd & Statiq Partner to provide EV Stations

In order to install EV charging stations at residential complexes in Greater Noida, close to the national capital, Statiq, a provider of electric vehicle (EV) charging services, and Noida Power Company Ltd. According to a statement from the company, the memorandum of understanding (MoU) represents a further consolidation of Statiq's recent efforts to take the [...]

Govt to Reduce Imports and Produce 70% of IT Hardware Locally: Minister

According to Minister of State for Electronics and IT Rajeev Chandrasekhar, the government wants to reduce reliance on imports from dubious sources by producing up to 70% of the nation's IT hardware needs domestically over the next three years. Speaking to reporters, Chandrasekhar stated that in an effort to reduce reliance on supplies from dubious [...]

Bank stock in green after an agreement to acquire 9.99% stake in a healthcare services company

Shares of this private sector Bank under the ‘large-cap’ category showed some bullish movements after entering into an agreement to acquire a stake in a healthcare services company.  With a market capitalization of around Rs 6.70 lakh crores, the stocks of ICICI Bank Limited started their trading session on Friday at Rs 956.55 and currently [...]

J.P. Morgan to Include Indian Government Securities into Emerging Market Index

Government borrowing costs will decrease as a result of J.P. Morgan's announcement that it intends to incorporate Indian government bonds (IGBs) or government securities (G-Secs) into its benchmark Emerging Market index starting in 2019. From June 28, 2024, to March 31, 2025, the inclusion of the IGBs will happen in stages, representing a 1% increase [...]

Zaggle Prepaid Falls 100 BPS on Issue; Bounces Back 4% to Rs. 170.7

On Friday, shares of fintech company Zaggle Prepaid Ocean Services Ltd. made a subdued market debut, falling over 1% on the BSE in comparison to the Rs 164 issue price. On the BSE, the stock began trading at Rs 162, down 1.21% from the issue price. Later, it made up the ground lost, rising 4% [...]

Sunteck Realty and IFC Partner in Rs. 750 Crore Housing Projects

In order to develop 4-6 affordable housing projects in the Mumbai Metropolitan Region (MMR), Sunteck Realty and IFC have established a joint platform to receive investments of up to Rs 750 crore. The largest international development organization with a focus on the private sector in emerging markets is IFC, a subsidiary of the World Bank. [...]

Samhi Hotels IPO: Stock Debuts 7% Higher Above Issue Price

Shares of Samhi Hotels Ltd on Friday listed with a gain of nearly 7% against the issue price of Rs 126. The stock made its debut at Rs 130.55, up 3.61% from the issue price on the BSE. Later, it climbed 5.55% to Rs 133. At the NSE, it began the trade at Rs 134.50, [...]

Pharma stock falls 6% after company proposes divestment of majority stake in subsidiary

Shares of this pharma stock under the mid-cap category fell up to 6 percent after the company agreed to the proposed divestment of a majority stake in its subsidiary company.  With a market capitalization of Rs 22,267.30 crores, the stocks of Glenmark Pharmaceuticals Limited started their trading session on Friday at Rs 815.95 and currently [...]

Large cap IT stock declines 2.7% after company’s veteran CFO resigns; Check the details 

The share of India's fourth largest software service company declined around 2.7 percent to Rs 417.50 a share after the company’s veteran CFO Jatin Dalal resigned.  At 10:40 a.m., On the National stock exchange, Wipro Ltd shares were trading at Rs 420.90 per share, down 1.83 percent from the previous close price. The company has [...]

Inter Ministerial Discussion for Easing FDIs Underway: Official

According to a top government official, there is currently inter-ministerial discussion about further easing restrictions on foreign direct investment in the space industry in order to draw foreign players and private businesses. According to the official, there is a ton of room for foreign businesses to invest in India's rapidly expanding sector. The proposal to [...]

Fundamentally strong Chemical stock that is trading at a discount of 30% to keep an eye on

A stock is said to be ‘fundamentally strong’ when it portrays a specific set of characteristics such as consistent and improving financials, favourable leverage ratios, etc.  Listed below is one such fundamentally strong stock that is trading at a discount of up to 30 percent from its 52-week high level:  Anupam Rasayan India Limited  With [...]

Everything you need to know about the Crompton-Butterfly Merger

To acquire a 55% stake in certain Butterfly trademarks from promoter group entities for a sum of Rs. 30.38 crore, at a price of Rs. 1,403 per equity share, Crompton Greaves signed definitive agreements with some members of the promoter group of Butterfly Gandhimathi Appliances Ltd. ("Butterfly") in February 2022. In order to purchase up [...]

Midcap Pharma stocks that are debt-free from the last 4 years to add to your watchlist

Debt to Equity measures how much total debt and financial obligations weigh against the total amount of shareholders' equity. Debt to equity shows how heavily a company's capital structure leans toward debt or equity for its financing, which shows how leveraged the business is financially which is an important metric to look at along with [...]

Smallcap stock falls 3.5% after India suspends visas for Canadians; Check the details 

The shares visa consultancy service provider declined 3.5 percent to Rs 260.80 a share on Thursday after India suspended visas for Canadians.  At 3:25 p.m., On the National stock exchange, BLS International Services Ltd shares were trading at Rs 263.10 per share, down 2.5 percent from the previous close price. The company has a market [...]

Bank stock jumps 48% in less than 10 days; What’s driving the rally?

Shares of a large-cap banking company zoomed 48 percent in less than ten days, increasing from ₹ 32.35 to ₹ 47.95 apiece. Its shares were trading at ₹ 45.85 apiece at 01:15 PM on Thursday.  Shares of PSU Banks were on a roll this week, amid expectations of improved earnings and asset quality of state-owned [...]

Sebi issues guidelines for handling complaints received through the SCORES platform

A framework for resolving complaints received through the SCORES platform for registered entities and for monitoring such concerns by designated bodies was released by capital markets regulator Sebi on Thursday. The Securities and Exchange Board of India said in a circular that the new guidelines will come into force from December 4. SCORES was introduced [...]

HDFC AMC gets a nod from RBI to acquire up to 9.5% stake in these 4 Private Sector Banks; Check the details 

HDFC Asset Management Company, providing various mutual fund and portfolio management services, has received approvals from the Reserve Bank of India (RBI) to acquire a stake in the below listed private-sector Banks.  DCB Bank Limited  With a market capitalization of Rs 3,928.62 crores, the stocks of DCB Bank Limited started their trading session on Thursday [...]

Tyre stock falls 3% after Labour Union halts production at manufacturing plant in Gujarat 

Shares of this mid-cap stock involved in the Tyre industry fell around 3 percent on Thursday after operations at one of the company’s manufacturing plants were stopped by the labour union representatives due to concerns related to the long-term settlement agreement.  With a market capitalization of Rs 23,393.94 crores, the stocks of Apollo Tyres Limited [...]

Kotak arm invests An additional Rs 600 Cr in Sify to expand data center capacity

On Thursday Kotak Alternate Asset Managers (Kotakalt) announced an additional Rs 600 crore investment in Sify Technologies. The investment by Kotak Data Center Fund into Sify Infinit Spaces (SISL), which takes the overall bet by Kotakalt to Rs 1,600 crore, has been deployed for expanding data centre capacity across India and investing in renewable energy, [...]

Markets down for a third day on weak global cues; ICICI slumps 2.81%

For the third straight session, selling pressure caused the equity benchmark indexes Sensex and Nifty to falter, and they ended the day over 1 per cent lower on Thursday as investors reduced their exposure to shares of financial, banking, and automotive companies. Following the US Federal Reserve's announcement that they anticipate raising rates again this [...]

ITC Hotels signs contract with Welcomhotel Kalimpong resorts

ITC Hotels on Thursday announced that it has signed a management agreement with a construction company for Welcomhotel Kalimpong resort in West Bengal. The 70-key greenfield project will spread over four acres of land and will offer plush rooms with views of the Himalayas and the valley, a company statement said. The business disclosed the [...]

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