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COMPANIES NEWS - Page 7
Afcons IPO subscribed 2.63 times
October 30, 2024 08:39 IST
The company on Thursday said it has mopped up Rs 1,621 crore from anchor investors. The price band has been fixed at Rs 440-463 per share.
IOC Q2 trips on inventory losses, ops performance robust
October 29, 2024 19:26 IST
Indian Oil Corporation earned only USD 1.59 on turning every barrel of crude oil into fuel in the second quarter compared to a gross refining margin of USD 18.11 per barrel a year back.
Maruti shares tumble over 4%; mcap erodes Rs 14,846 crore post-Q2 earnings
October 30, 2024 08:29 IST
The stock tanked 4.11 per cent to settle at Rs 11,010 on the BSE.
Adani flagship firm’s net profit zooms eight-fold
October 30, 2024 08:33 IST
Net profit of Rs 1,741 crore in July-September — the second quarter of current 2024-25 fiscal year — was up 663 per cent over Rs 228 crore earning in the same period of last year, a company statement said.
Hindustan Unilever Ltd profit declines 3.86% in Q2, to pay Rs 29 dividendSubscriber Only
October 24, 2024 08:35 IST
Foods & refreshment business declined 2 per cent with a low-single digit volume decline, HUL said.
CCI publishes detailed order approving merger of RIL, Walt Disney’s media assets
October 23, 2024 08:51 IST
As part of seeking the regulator's approval, the parties have voluntarily agreed that they will not bundle TV ad slots for IPL, ICC and BCCI cricketing rights till the end of existing rights.
Adani’s Ambuja Cements acquires Orient Cement for Rs 8,100 crore from CK Birla groupSubscriber Only
October 23, 2024 07:05 IST
Acquisition at an equity value of Rs 8,100 crore from CK Birla group
Serum Institute’s Adar Poonawalla to buy 50% stake in Karan Johar’s Dharma Productions
October 21, 2024 16:25 IST
Adar Poonawala aquires Dharma Production: Serene Productions will invest Rs 1,000 crore ($119 million) in production house Dharma Productions and Dharmatic Entertainment (Dharma).
Allocating satellite spectrum: Jio vs Starlink spat and why most countries avoid auctionsSubscriber Only
October 22, 2024 09:36 IST
Their essential argument is that administrative allocation may not be able to bring about a level playing field between satellite and terrestrial services.
Infosys sees 5% rise in Q2 net, raises revenue outlook
October 18, 2024 10:58 IST
Infosys shares gained 2.58 per cent to Rs 1,969.50 on the BSE on Thursday following the results announcement.
Hyundai IPO subscribed 42% on Day 2; retail quota booked 38%Subscriber Only
October 17, 2024 08:36 IST
Overall, the share sale saw a subscription of 42 per cent on its second day, with 4.17 crore bids being received, compared to 9.97 crore shares on offer. The employees purchased 131 per cent of the shares offered to them.
Weaver Services acquires Capital India Home LoansSubscriber Only
October 17, 2024 08:35 IST
To finance this acquisition and fuel its ambitious pan-India expansion plans, Weaver is raising capital from leading private equity funds including Gaja Capital and Lok Capital to secure up to Rs 800 crore in funding.
Hyundai Motor IPO opens: Retail portion subscribed 25% as of 4 pmSubscriber Only
October 16, 2024 07:59 IST
The total response for the IPO as of 4 pm IST was for 1.68 crore shares as against the offer size of 9.97 crore shares, showing a subscription level of 17 per cent.
Hyundai Motor India raises Rs 8,315 crore from 225 anchor investorsSubscriber Only
October 15, 2024 07:13 IST
The Rs 27,870 crore-IPO of the automaker is the largest ever share offering in the country.
Who succeeds Ratan Tata and the challenges for the $165 billion diversified groupSubscriber Only
October 10, 2024 20:01 IST
Ratan Tata Successor: Noel Tata, the half-brother of Ratan Tata, is seen as a strong contender to succeed the Tata legacy due to his familial ties and involvement in many group companies.
IPO-bound Hyundai India to invest Rs 32,000 crore in 10 yearsSubscriber Only
October 10, 2024 01:41 IST
Price band for Rs 27,870 crore IPO fixed at Rs 1,865 to Rs 1,960 per share; Korean parent to get entire proceeds
Customs authority imposes Rs 92.04 crore penalty, Rs 10 crore fine on Vedanta
October 9, 2024 17:01 IST
The order was received on Tuesday, October 8, Vedanta Ltd said in a regulatory filing.
Swiggy gets Sebi approval to raise funds via IPO
September 25, 2024 12:51 IST
The company is looking to shore up about Rs 750 crore from anchor investors in a pre-IPO round, sources said.
Hyundai Motor India gets Sebi nod to float IPO
September 25, 2024 12:41 IST
Since the public issue is completely an OFS, Hyundai Motor India Ltd, which is the second largest carmaker in India after Maruti Suzuki India, will not receive any proceeds from the IPO.
After taking haircut, SBI to invest in defaulter Supreme InfrastructureSubscriber Only
September 25, 2024 08:43 IST
SBI, India’s largest bank, has proposed to invest Rs 24.33 crore in SIIL's preferential allotment, acquiring 28.55 lakh shares at Rs 85.23 per share, giving the bank an equity stake of 2.08 per cent stake in the company, according to exchange filings.
Uncertain in Dhaka, Adani Godda plant seeks speedy link to Indian power gridSubscriber Only
September 23, 2024 09:00 IST
Transmission authority rejects bid for connection via nearby substation, approves link through Lakhisarai.
‘Regret missing her funeral’: EY India Chairman Rajiv Memani on Anna Sebastian Perayil’s deathSubscriber Only
September 20, 2024 16:53 IST
Hours after the Centre launched an investigation into “unsafe and exploitative work environment” at the consultancy firm, Memani said he is “committed to nurturing a harmonious workplace”.
Chipmaker NXP to invest $1 billion in India to boost research & developmentSubscriber Only
September 12, 2024 11:27 IST
"NXP is committed to double its R&D efforts here in the country in the next few years, which is far in excess of a billion dollars," Kurt Sievers, CEO of NXP Semiconductors said at the Semicon India 2024 event.
Adani sets up arm in Kenya for airport business
September 5, 2024 05:41 IST
The subsidiary aims to take over, operate, and manage airports, with talks ongoing to invest in the airport business, it said in an exchange filing.
More Indians taking multiple foreign trips a year, new destinations gain popularity: MakeMyTripSubscriber Only
September 3, 2024 22:36 IST
The top 10 countries of interest for Indians in the June 2023-May 2024 period remained the same as the previous years—led by the United Arab Emirates (UAE), Thailand, United States (US), Singapore, and Indonesia.
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