Jio’s Radisys to Buy Mimosa for $60 Million to Bolster 5G, Broadband Services
Jio Platforms, a unit of Indian aggregate Reliance Industries Ltd, will purchase communications equipment maker Mimosa Networks for $60 million to strengthen its 5G and...
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Shares of Gokaldas Exports Fall 4% After 13% Equity Changes Hands in Block Deal
Shares of Gokaldas Exports fell 4% to Rs 390 on NSE in intraday trade on Thursday after more than 10% of the apparel company changed...
Jindal Saw Hits More Than 5-Year High, Share Soared 94% in 3 Months
Shares of Jindal Saw surged 8.5% in intraday trade on Thursday to hit a more than five-year high of Rs 177.15 on the BSE, given...
Data Patterns Shares Soar After Floating QIP Raises Rs 450 Crore
Defence and aerospace electronics solutions provider Data Patterns launched a Qualified Institutional Placement (QIP) on March 9, looking to raise Rs 450 crore. CNBC-TV18 reported...
Bharat Forge Share Rises 1% as EV Unit Launches its First E-Bike Unit
Shares of Bharat Forge rose more than 1% on March 9, a day after the company announced that its electric vehicle subsidiary Kalyani Powertrain Ltd...
Adani Group’s Debacle Puts Spotlight on Billions Flowing in from Mauritius
The tiny island of Mauritius has spent years trying to clean up its image as a base for shady money launderers and shell companies. Short-seller...
Sebi Restricts on Cos Opting Share Buyback Through Stock Exchange Route
On Wednesday, capital markets regulator Sebi imposed restrictions on bids, prices and volumes of companies conducting share buybacks through the stock exchange route. Under the...
Bharat Forge, Shoppers Stop, Gokaldas, Lotus Chocolate are in Focus
The stock benchmark is likely to open flat on Wednesday, as indicated by the SGX Nifty, quoted at 17,800. Globally, US stocks were tepid overnight,...
Govt Explains Guidelines for Paid Endorsements by Social Media Influencers
On Monday, the government explained guidelines for paid endorsements by social media influencers, clarifying what it means to use the words advertising, sponsorship, collaboration or...
S&P Global Ratings Cuts Nissan’s Credit Rating a Notch to Junk Status
Nissan Motor Co’s credit rating on S&P Global Ratings has downgraded a notch to junk BB+, citing weaker profitability and the Japanese automaker’s “unlikely” sales,...