LiveHinduja Global Solutions Hits Record High on Bonus Issue Plan
Hinduja Global Solutions (HGS) has surged 19 per cent to hit a new high of Rs 3,948 on the BSE in Tuesday’s intra-day trade after...
Category : BUSINESS
Apple Becomes First Company to Hit $3 Tn Market Value
On Monday, Apple Inc became the first company to hit a $3 trillion stock market value before ending the day a hair below that milestone,...
Nippon MF Launches India’s First Auto ETF
Nippon Life India Asset Management Limited, the asset manager of Nippon India Mutual Fund (NIMF), launched Nifty Auto ETF, the country’s first auto sector Exchange...
Edelweiss Financial Raises Rs 450 Cr via NCD Issue
Edelweiss Financial Services Ltd on Monday announced that it had allotted 45,62,472 NCDs amounting to Rs 456.24 crore from the issue of secured non-convertible debentures....
Manappuram Finance Raises Rs 250 Crore Through Bonds
On 30 December, Manappuram Finance said that it had raised Rs 250 crore by issuing bonds, and the amount will be utilised to pare its...
Forex Reserves Decrease by $587 Mn to $635.08 Bn
India’s forex reserves decreased by USD 587 million to USD 635.08 billion, the RBI said. On December 17, the overall reserves had decreased by USD...
Rupee Ends 2021, Settles 13 Paise Higher Against US Dollar
The rupee surged 13 paise to close at 74.29 against the US dollar on the last trading session of 2021, tracking positive domestic equities amid...
Tech Mahindra Invests $125 Million in Allyis India and Green Investments
Tech Mahindra announced that they had purchased a 100 per cent stake in Allyis India and Green Investments for $125 million in an all-cash deal....
CCI Approves Acquisition in Jindal Power by Worldone
The Competition Commission of India (CCI) announced that it has permitted the acquisition of 96.42 per cent equity shareholding in Jindal Power Ltd by Worldone...
RIL Plans Acquire UK’s Battery Tech Provider Faradion for £100 Mn
On Friday, Reliance Industries Limited (RIL) has announced its solar unit, Reliance New Energy Solar Limited (RNESL), will buy sodium-ion battery technology provider Faradion Ltd...