LiveIDFC Hires Axis Capital for Fair Opinion on Share Exchange Ratio for Merger with IDFC First
On March 21, IDFC Ltd and IDFC Financial Holding Company Ltd said they had appointed Axis Capital Ltd to issue a fair opinion on the...
Category : Latest News
Asian Energy Services Shares Plunged 6% after Acquiring 50% Interest in the Oil & Gas field in Gujarat
On March 21, Asian Energy Services’ shares plunged over 6% in the intraday after the company said it would acquire a stake in an oil...
Stock Exchange Daily Cash Volumes Drop Over 20% in FY23, Most in 11-Years
Daily cash trading volumes on stock exchanges fell by more than 20% in fiscal 2023. This is the biggest drop in 11 years, as stock...
UTI AMC Share Surges 8% After PPFAS MF Buys 1.1 Million Shares in Block Trade
UTI Asset Management (AMC) shares surged 8% to Rs 687.30 on the NSE in intraday trade on Tuesday after PPFAS mutual funds bought 1 million...
Accenture to Acquire Bengaluru-Based AI Firm Flutura
On Tuesday, IT services and consulting firm Accenture said it would acquire Bengaluru-based industrial artificial intelligence firm Flutura. The deal size was not revealed. Flutura...
Sri Lanka Receives $3 Billion Bailout from IMF
On March 21, the International Monetary Fund (IMF) sanctioned a $3 billion bailout for crisis-stricken Sri Lanka under the programme to “reestablish macroeconomic stability and...
Credit Suisse Collapse Reveals Ugly Truth About Switzerland to Investors
Switzerland has for decades marketed itself as a haven of legal certainty for bond and stock investors. The collapse of the Credit Suisse group revealed...
Lupin Partner Shares Soar 1.6% After Partner Gets USFDA Approval to 2 Drugs
On March 21, Pharma major Lupin shares increased 1.6% in the early trade after the company’s alliance partner Caplin Steriles got two final approvals from...
Foreign Law Firms Can Only Advise Foreign Clients on Foreign Law, BCI Clarifies
The Bar Council of India (BCI) has clarified a recent circular allowing foreign lawyers and law firms to practice in India, saying they can only...
J Kumar Infra Soars After JV Bags Rs 182 Crore Bengaluru Metro Project
On March 21, J Kumar Infraprojects shares soared more than 3% in early deals after receiving an order worth Rs 182.34 crore. At 9:15 am,...