Indian Govt Bonds Soar, SVB Collapse Sparks Doubts Over Fed Rate Hike
Indian government bonds strengthened sharply, especially with shorter maturities, as US bond yields plummeted as investors flocked to the safety of US bonds after the...
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IPO After Two Decades, Jump Starting Tata Motors
It’s a good day for Indian investors. The Tata group is coming up with an IPO after almost two decades, the last being Tata Consultancy...
Global Surfaces IPO Opens Today
Subscriptions for Global Surfaces’ initial public offering (IPO) open today (March 13). The company processes natural stone and manufactures engineered quartz. The company has two...
Elgi Equipments Shares Rise After US Arm Signs Deal to Buy CS Industrial Services
Shares of Elgi Equipments increased on March 13 after the company announced that its wholly-owned arm Elgi Compressors USA Inc, entered into an operating agreement...
HAL Shares Rise 2% on Rs 667 Crore Order from Defence Ministry
Hindustan Aeronautics Ltd (HAL) shares rose 2% on March 13 after the company announced bagging a Rs 667 crore order from the defence ministry. At...
Hyundai Motors Signs for Potential Acquisition of General Motors’ Talegaon Plant
Hyundai Motors India Limited (HMIL) has signed a term sheet to potentially acquire recognised assets at General Motors’ Talegaon Plant in Maharashtra’s Pune district. According...
Tech Mahindra Soars 9% Amid Appointing Mohit Joshi as MD & CEO
Shares of Tech Mahindra surged 9% to Rs 1,159.95 on the BSE in intraday trade on Monday after the company announced the appointment of Mohit...
IndusInd Bank Shares Fall 5% as RBI Reappoints MD, CEO for Shorter Terms
Shares of IndusInd Bank fell 5% to Rs 1,084 in intraday trade on Monday after the Reserve Bank of India (RBI) approved the reappointment of...
Paytm Loan Book Surges 254% in February with Continue Rise in Consumer Base
Paytm sustained to scale its credit business with expenditures of Rs 4,158 crore ($503 million) in February 2023, year on year of 254%, with the...
Nazara Tech Shares Plunge 7% on Ties to Crisis-Hit Silicon Valley Bank
Shares of Nazara Technologies plunged 7% ahead of the market opening on March 13 after news that two subsidiaries of the Indian gaming platform held...