Benchmark stock market indices closed lower on Wednesday with cautious sentiment prevailing in the markets. IT stocks rallied in the session but auto and energy shares declined, offsetting the gains.…
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Airfare spike under scanner as government seeks data from major airlines: Report
Indian government has asked IndiGo, Air India, SpiceJet and Akasa to provide data on average fares charged, a document shows, as antitrust authorities investigate unprecedented travel disruptions in December. Pilot…
OYO-parent PRISM gets shareholders’ nod for raising up to ₹6,650 cr via IPO
OYO’s parent firm PRISM has received shareholders’ approval to raise up to ₹6,650 crore through a fresh issue of equity shares as part of its proposed Initial Public Offering (IPO).…
Central banks diversifying forex reserves from USD & Euro to gold and other currencies: CareEdge
Global central banks are gradually diversifying their foreign exchange reserves away from the US dollar and the euro, increasing exposure to other currencies and gold, highlighted a report by CareEdge…
Kauvery Hospital strengthens digital backbone ahead of IPO plans
major Kauvery Hospital is eyeing a public listing in the next 2 years and is taking steps to strengthen its digital backbone and network. “We have plans to go in…
Sensex, Nifty flat in mid-session, Coal India, Shriram Finance lead gainers
Domestic markets witnessed volatility on Tuesday after a two-day rally as investors booked profits, remained cautious ahead of key global cues, and reacted to mixed signals from Asian markets and…
Dhariwal Buildtech, ESDS Software Solution, BLS Polymers get SEBI nod to float IPOs
Construction firm Dhariwal Buildtech, cloud infrastructure and data centre services provider ESDS Software Solution, and BLS Polymers have secured approval from SEBI to raise funds through initial public offerings (IPOs),…
Praveg opens theme park, heritage museum in Gujarat
Praveg, a tourism and hospitality company, has launched Praveg Adalaj Theme-Based Destination Park and Heritage Stepwell Museum, a first-of-its-kind cultural and experiential venue inspired by ’s iconic stepwell . Developed…
Granules India to raise ₹1,762.50 crore
The board of directors of Granules India Limited has approved the proposals to raise an aggregate ₹1,762.50 crore through the preferential issuance of convertible warrants and equity shares. The board…
Adani’s Ambuja Cements gain 4% on merger plan with ACC, Orient Cement
Shares of rose on Tuesday after the company announced a key merger development involving group entities ACC and Orient Cement, a move seen as part of the Group’s strategy to…