Over 300 Stocks Fell Between 10-31%, Smallcap Index Fell More Than 7%
Bears took full charge after a solid start to Dalal Street, with the Indian benchmark index down more than 2% in the week to Dec....
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Union Bank of India Raises Rs 663 Crore Through Bonds
On Friday, state-owned public sector lender Union Bank of India said it raised Rs 663 crore through primary bonds to fund business growth. Union Bank...
Punjab National Bank Raises Rs 582 Crore Via Bonds
Public sector lender Punjab National Bank (PNB) has raised Rs 582 crore through a private placement of bonds. The bank has issued and allotted Basel...
Hinduja Group Buys Debt-Laden Reliance Capital for Rs 9,500 Crore
On Friday, IndusInd Bank promoter Hinduja Group tried to revise its bid for debt-laden Reliance Capital to Rs 9,500 crore, with an upfront cash outlay...
Stellantis Plans to Acquire Stake in Symbio
Michelin and Stellantis-owned Faurecia have announced exclusive talks for Stellantis to acquire a substantial stake in Symbio, a pioneer in zero-emission hydrogen vehicles, alongside existing...
India’s Foreign Exchange Reserves Fall by $571 Million to $563.5 Billion
Total foreign exchange reserves in India fell by $571 million to $563.499 billion in the week ended December 16 after five straight weeks of gains,...
DroneAcharya Aerial First Makes Stock Market Debut
The first Drone startup company DroneAcharya Aerial Innovations is listed on the stock exchange. DroneAcharya stock made its debut and was listed at a premium...
Sebi Starts Looking at Fees and Expenses Charged by Mutual Funds
On Friday, Capital markets regulator Sebi said it had started a detailed study on fees and expenses charged by mutual funds. The Securities and Exchange...
UP Gets Rs 7.12 Lakh Crore Investment Proposals
The government of (UP) Uttar Pradesh informed that the state had received investment proposals from sixteen cities worth Rs 7,12,288 crores. After the declaration came,...
Investors’ Wealth Falls by Rs 15.77 Lakh Crore in Four Days
Equity investors lost Rs 15.77 lakh crore in the four-day market rout, with the benchmark Sensex index down more than 3%. Market analysts said investors...