Wipro on Monday said it will acquire an additional 20 per cent stake in Aggne Global Inc. for $28.5 million, increasing its shareholding in the insurance technology specialist to 80…
Category: Market
Coca-Cola’s Indian bottling unit targets potential stock market debut in 2027
Coca-Cola said on Monday it was exploring a potential initial public offering in India for Hindustan Coca-Cola Beverages, the parent of its largest bottler in the country. The company is…
Government launches NHPC OFS to sell up to 6% stake at Rs 71 per share
The government on Monday said it will sell up to 6 per cent stake in NHPC at a floor price of Rs 71 per share through an offer for sale…
SEBI cancels registrations of five AIFs over reporting violations
Capital markets regulator Sebi on Monday cancelled the registration of five alternative investment funds (AIFs) for repeatedly failing to submit mandatory quarterly activity reports. In separate orders, SEBI cancelled the…
SEBI approves State Street Global Advisors’ stake acquisition in Groww AMC
Markets regulator SEBI has approved US-based State Street Global Advisors’ proposed stake acquisition in Groww Asset Management, a wholly-owned subsidiary of Billionbrains Garage Ventures, the investment platform said on Monday.…
Ola Electric launches QIP, fixes floor price at ₹37.74 per share; check details
on Monday, 1 June, opened its qualified institutional placement (QIP) of equity shares after receiving board and shareholder approvals, signalling a fresh capital-raising push. In a filing to the exchanges…
New CSR route to bring institutional capital to Social Stock Exchanges
India’s Social Stock Exchanges (SSE) could see a funding boost of several hundred crores worth institutional capital following the amendment by the Ministry of Corporate Affairs allowing companies to channel…
US stock market today: Nasdaq, S&P 500 gain as AI optimism offsets Middle East worries
US stock futures indicated another record-breaking start to Monday’s trade, despite a rebound in oil prices as a peace deal between the US and Iran remained elusive. Dow Jones Industrial…
ConsumerX Ventures launches ₹150-cr AIF for early-stage consumer start-ups
ConsumerX Ventures has launched a SEBI-registered Category II Alternative Investment Fund (AIF) with a target corpus of ₹150 crore to back new-age and digitally native consumer brands. The fund will…