Private-equity firm Carlyle Group said on Tuesday it acquired a majority stake in Indian beauty care and wellness solutions provider VLCC. The equity for the transaction will come from funds…
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Marksans Pharma shares jump 6% to trade near 52-week high level
Shares of Marksans Pharma surged nearly 6 per cent in Tuesday’s trade, extending their gains for the second straight session after completing the buyback exercise. The stock jumped 6.31 per…
NCLT rejects Torrent Investments’ plea to halt Reliance Cap CoC’s voting for second auction
The National Company Law Tribunal (NCLT) on Monday rejected a plea by Torrent Investments — one of the bidders for the Anil Ambani-promoted Reliance Capital — that sought to halt…
Why is Joshimath sinking? Big projects, rampant construction, extreme weather worsened situation
The holy town of Joshimath has plunged into a full-blown crisis after houses and roads developed cracks due to land subsidence. So far 678 houses have developed cracks and 81…
Cyient DLM files draft papers with Sebi for Rs 740 crore IPO
Cyient DLM, in consultation with the book running lead managers, may consider a pre-IPO placement aggregating up to Rs 148 crore at its discretion, as may be permitted under applicable…
TCS’s dividend @Rs 75! Analysts rule out buyback possibilities in near term
Tata Consultancy Services (TCS) announced a solid special dividend of Rs 67 per share on Monday, along with its third interim dividend of Rs 8 per share. But after these…
Sensex tanks over 600 points: Rs 2L cr investor wealth lost; HDFC twins, Infosys, TCS top drags
Indian equity benchmarks fell sharply in afternoon trade on Tuesday after recording a rebound in the previous session. The BSE Sensex slumped over 600 points while the NSE barometer Nifty…
Anlon Technology Solutions: SME stock delivers 150% listing return on market debut
Anlon Technology Solutions, the latest debutant of Dalal Street, has delivered a solid listing pop of 150 per cent to its investors on Tuesday. It is one of the best…
Up 300% within weeks! Droneacharya Aerial shares hit 10% upper circuit today; no seller
Droneacharya Aerial Innovations, which got listed on December 23, 2022, has rallied 307 per cent over its IPO issue price of Rs 54 apiece. On Tuesday, the scrip hit its…
Axis Bank ICICI Bank, BOI, Federal Bank: Banks that Morgan Stanley prefers ahead of Q3 results
Morgan Stanley said it prefers banks with strong retail liability franchise, higher share of floating or repo-linked loans and excess liquidity. Such banks, the foreign brokerage in its Q3 earnings…