The round was led by Sequoia Capital India, with participation from Unilever Ventures, the venture capital arm of British multinational consumer goods company.
The wholly-owned subsidiary of Glenmark Pharma is issuing Rs 1,060 cr fresh equity and offer for sale of 6.3 million shares worth Rs 453.6 crore
The NMP will serve as a roadmap for asset monetisation of brownfield infra assets across sectors such as roads, railways, aviation, power, oil and gas, and warehousing
The offer comprises a fresh issue of Rs 56 crore and an offer for sale of shares worth Rs 675 crore.
Investors' wealth has risen by Rs 4,09,200.15 crore in two days of market rally, taking the market capitalisation of BSE-listed companies to a fresh high of Rs 235.11 lakh crore on Friday. In the equity market, the BSE benchmark Sensex gained 138.59 points or 0.26 per cent to close at 52,975.80. In the previous session, the benchmark had ended 638.70 points or 1.22 per cent higher. The market capitalisation of BSE-listed companies jumped Rs 4,09,200.15 crore in two days to reach its lifetime high of Rs 2,35,11,063.15 crore at close of trade on Friday. "Domestic indices continued to advance ahead tracking rising global risk appetite and higher domestic inflows from local investors. Earnings season continued to pump in optimism in India & global markets while the Fed is set to deliberate their easy-money policy in the meeting ahead," said Vinod Nair, Head of Research at Geojit Financial Services. ICICI Bank was the biggest gainer with a jump of 3.18 per cent followed by ITC, SBI, ..
Markets regulator Sebi on Thursday said all complaints received by emerging investment instruments REITs, InvITs will have to be disclosed on their websites, to stock exchanges in a prescribed format.
The rigmarole over the valuation of a preferential share allotment has raised a confusing question on the status of a company's Articles of Association
According to experts, India offers the right kind of risk-return profile which is why his company likes to invest here
India's corporate landscape is changing, and the economy is set to change with it, notes Amit Tandon
Zomato is essentially a "concept stock" because it has neither made profits, nor has issued any guidance on ever getting to profitability, notes Shyamal Majumdar
The Dow Jones Industrial Average dropped more than 2% mid-morning on Monday, with the S&P 500 falling 1.5%. The Nasdaq Composite fell nearly 1%.
State-owned Bank of Maharashtra on Friday closed its qualified institutional placement (QIP) in which it raised about Rs 404 crore by allotting over 17 crore shares to eligible investors.
Investors will soon have the option to block securities on their respective demat accounts for sale transactions apart from the existing early pay-in mechanism.
Final list may be sent to ministries by month-end
Spot gold was up 0.3% at $1,812.80 per ounce, as of 0854 GMT. U.S. gold futures gained 0.2% to $1,814.20.
Hybrid funds are getting traction from investors with such instruments witnessing net inflow of Rs 27,220 crore in three months ended June, more than double from the preceding quarter
Several resolutions on stock option grant see overwhelming 'against' votes by institutional investors
If you assess your advisor on short-term returns, he will use riskier products to generate them, which could result in losses
This happened despite the second Covid-19 wave; ratings agency estimates securitisation volumes for FY2022 at more than Rs 1.2 trillion
Keep bulk of your portfolio in low-risk funds; chase returns in residual portion if you have the capacity