Foreign institutional investors (FII) purchased shares worth net Rs 1,473.09 crore, while domestic institutional investors (DII) added shares worth net Rs 366.24 crore on September 11, 2023, according to the provisional data available on the NSE. For the month till September 11, 2023, FIIs sold shares worth net Rs 7,360.38 crore while DIIs bought shares […]
Month: February 2024
IndiGo promoter Shobha Gangwal sells shares worth Rs 2,801 croreIndiGo promoter Shobha Gangwal sells shares worth Rs 2,801 crore
InterGlobe Aviation’s promoter Shobha Gangwal on Wednesday sold a nearly 2.9 per cent stake in the company for a little over Rs 2,800 crore through open market transactions. Shobha Gangwal is the wife of Rakesh Gangwal, the co-founder of the company, which is the parent of the country’s largest airline IndiGo. The shares were sold […]
King Charles’ first official portrait after his coronation released by Buckingham Palace – See photos hereKing Charles’ first official portrait after his coronation released by Buckingham Palace – See photos here
1/8 The world has been treated to official photographs of the newly crowned King Charles III and Queen Camilla, captured by photographer Hugo Burnand. The photographer has also captured the couple’s wedding in 2005. The regal pair were snapped in their full regalia just after their coronation ceremony at Westminster Abbey, with group shots featuring […]
Suzlon charts a strong path post debt restructuringSuzlon charts a strong path post debt restructuring
Last month, Crisil Ratings upgraded the Rs 4,054 crore worth of bank facilities of Suzlon Energy and removed ‘rating watch with developing implications.’ “The rating upgrade factors in sharp reduction in debt (paying off the entire term debt) done from the proceeds of a recent QIP, ” the agency had noted. Analysts at ICICI Securities […]
Migration takes sheen off SMEs; growth rate in share prices slipsMigration takes sheen off SMEs; growth rate in share prices slips
Returns from small and medium enterprise (SME) stocks, which were very high when they were a part of the SME index, have fallen significantly after the stocks migrated to the main board of the Bombay Stock Exchange and National Stock Exchange. A sample of 25 stocks shows that one year prior to migration, the average […]
Delhi-Gurugram Expressway Closure: Traffic at standstill, commuters face harrowing time – See PhotosDelhi-Gurugram Expressway Closure: Traffic at standstill, commuters face harrowing time – See Photos
1/6 Under the Bharat Mala Project, the National Highways Authority of India started the construction of the Dwarka Expressway from Dwarka Link Road near Shiv Murti on the National Highway, NH-48, which resulted in traffic congestion. (Photo: PTI) 2/6 Vehicles were stuck in a traffic jam on the Delhi-Gurugram Road after the authorities closed one carriageway […]
Servotech inks MoU with Lloyd Institute of Engineering and Tech to establish EV Charging R&D Lab and Centre of ExcellenceServotech inks MoU with Lloyd Institute of Engineering and Tech to establish EV Charging R&D Lab and Centre of Excellence
Servotech Power Systems, a leading EV charger manufacturer has signed an MoU with the Lloyd Institute of Engineering and Technology to promote research, education, training, FDPs, and innovation in EV technology and charging infrastructure. The company will establish an exclusive R&D lab and Centre of Excellence on EV charging technology and infrastructure. It will also […]
Will Nifty hit new highs above 21000? See GIFT Nifty, FII data, F&O ban, crude, more before market opensWill Nifty hit new highs above 21000? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty indicated a positive start for domestic indices BSE Sensex and NSE Nifty 50. Here’s a look at the things to know ahead of the opening bell on Thursday. GIFT Nifty traded up 235 points or 1.12% at 21,260, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. […]
Signature Global launches Rs 730 cr IPO on Wed; to use fund for debt reduction, biz expansionSignature Global launches Rs 730 cr IPO on Wed; to use fund for debt reduction, biz expansion
Realty firm Signature Global on Wednesday launched its initial public offer (IPO) to raise Rs 730 crore, which will be used mainly for debt reduction and business expansion. The public issue will close on September 22. The price band has been fixed at Rs 366-385 per share. Delhi-NCR-based Signature Global has already raised Rs 318.5 […]
Global trends, macroeconomic data, trading activity of foreign investors to drive market trends: AnalystsGlobal trends, macroeconomic data, trading activity of foreign investors to drive market trends: Analysts
Macroeconomic data announcements, global trends and trading activity of foreign investors would guide momentum in the equity market this week, analysts said. Markets ended a five-week losing streak and gained nearly a per cent last week, helped by a sharp rebound on Friday. Last week, the BSE benchmark jumped 500.65 points or 0.77 per cent […]