State-owned Punjab National Bank (PNB) has put up for sale its NPA account Apollo Distilleries & Breweries with loan outstanding of nearly Rs 44 crore due against the company. Inviting asset reconstruction companies (ARCs) to put their bids for transferring the loan account of Apollo Distilleries & Breweries, the city-based lender said it will expedite [...]
Venture capital firm Sequoia Capital has reduced its holding in Zomato Ltd to 4.4 per cent after selling shares in open market, according to a regulatory filing by the online food delivery platform. Sequoia Capital had held a 6.41 per cent stake in Zomato before the sale. In a regulatory intimation by Sequoia Capital filed [...]
The shares of Nelco Limited opened 9 per cent higher at Rs 845 on the last trading day of the week as against the previous close of Rs 778. In the early trading session, the stock was locked in an upper circuit of 10 per cent at Rs 856. The rally started after the Satellite [...]
Syrma SGS Technology stock made its market debut with a 19 per cent premium on Friday against the issue price of Rs 220. The stock made its debut at Rs 262, a jump of 19.09 per cent from the issue price on the BSE. Later, it zoomed 33.18 per cent to Rs 293. At the [...]
The country's largest private sector lender HDFC Bank on Thursday said it will pick up 9.94 per cent stake in Go Digit Life Insurance Ltd. HDFC Bank on August 24, 2022 has entered into an indicative and non-binding term sheet with Go Digit Life Insurance Limited, which summarises the principal terms of a proposed investment, [...]
Adani group on Friday launched its Rs 31,000-crore open offer to acquire 26 per cent additional stake from the public shareholders of Swiss firm Holcim's two Indian listed entities ACC Ltd and Ambuja Cements. In May this year, the Adani Group had announced that it had clinched a deal to acquire a controlling stake in [...]
BNP Paribas Arbitrage on Thursday offloaded 4.05 lakh shares of multiplex film exhibition company PVR Ltd for more than Rs 74 crore through an open market transaction. According to bulk deal data available with BSE, BNP Paribas Arbitrage sold 4,05,183 shares of the company. The shares were disposed of at an average price of Rs [...]
The Initial Public Offer (IPO) of airport service aggregator DreamFolks Services received 6.09 times subscription on the second day of the offer on Thursday. The IPO received bids for 5,77,86,948 shares against 94,83,302 shares on offer, according to data available with the NSE. The quota for Retail Individual Investors (RIIs) was subscribed 19.10 times, the [...]
The Home loan eligibility calculator is an effortless way to understand your eligibility for a home loan. Banks and NBFCs take income, tenure, other sources of monthly revenue, pre-existing debts, affordable EMIs, etc., into account when determining your eligibility for the loan. So, if you're interested in buying a house, you can quickly use this [...]
Equity benchmarks capitulated in the last hour of trade on Thursday to break their two-session winning run, with IT, finance and bank stocks playing spoilsport amid expiry of monthly derivative contracts. A weakening rupee also weighed on sentiment, traders said. After remaining in the positive territory for most part of the session, the 30-share BSE [...]
The trading session on Thursday remained volatile as the Bulls locked horns with the bears. The benchmark indices extended their move and ended in the green. The S&P BSE Sensex added 54 points or 0.9% to settle at 59,085 while the NSE Nifty 50 index jumped 27 points or 0.16% to close at 17,604. During [...]
The government on Thursday decided to put restrictions on the export of wheat flour to curb rising prices of the commodity. The decision was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi here. The decision of the Cabinet "will now allow to put a restriction [...]
The shares of ELGI Equipment surged more than 3% in the early trading hours of Thursday to reach a new 52-week high of Rs 491. The stock has surged by more than 12 percent in the last five days. In the span of a month, the stock has zoomed by more than 32 percent. A [...]
Bharti Airtel promoter Bharti Telecom will buy a 3.33 per cent Airtel stake from Singtel for 2.25 billion Singapore dollars or about Rs 12,895 crore in 90 days' time, the telecom operator said on Thursday. Bharti Group chairman Sunil Bharti Mittal's family and Singtel are co-investors in Bharti Telecom (BTL). Singtel in a statement said [...]
Shares of NDTV Ltd continued to climb for the second consecutive day on Thursday and touched the upper circuit limit of Rs 407.60 on the National Stock Exchange amid the Adani group making an offer to take over the media firm. On NSE as well as BSE, the scrip jumped 5 per cent in opening [...]
Approval from market regulator Sebi is "necessary" for Adani group firm Vishvapradhan Commercial Private Ltd to acquire interests in NDTV's promoter entity RRPR Ltd against an unpaid loan, a regulator filing said on Thursday. The Securities and Exchange Board of India (Sebi) on November 27, 2020, restrained the founder-promoters Prannoy and Radhika Roy "from accessing [...]
The Union Home Ministry, railways and banks have got maximum number of corruption complaints against their employees last year, according to the Central Vigilance Commission (CVC) latest annual report, which was made public on Wednesday. Of the total of 1,09,214 complaints received against all category of officers/employees, a highest of 37,670 were against the Ministry [...]
The Home loan eligibility calculator is an effortless way to understand your eligibility for a home loan. Banks and NBFCs take income, tenure, other sources of monthly revenue, pre-existing debts, affordable EMIs, etc., into account when determining your eligibility for the loan. So, if you're interested in buying a house, you can quickly use this [...]
The shares of Advait Infratech Limited were trading at a fresh 52-week high of ₹474.30. They are currently locked at an upper circuit of 4.99%. Advait Infratech Limited operates in various verticals such as turnkey telecommunication projects, installation of power transmission, substation and telecom products, liasioning – marketing and providing end-to-end solutions to the customers. [...]
The first half of the year 2022 saw a massive sell-off by Foreign investors. Instances when American PE firm KKR sold its entire 27% holding in Max Healthcare for ₹9,185 crores and Uber sold its entire 7.78% stake in Zomato for ₹3,088 crores showcased the loss of their interest in Indian markets. However, after months, [...]
