Vedanta demerger | The 6 different entities, how financials stack up, who runs what
Billionaire Anil Agarwal-owned Vedanta Limited on September 29 announced creation of independent verticals through demerger of underlying companies, mainly its…
Month: September 2023
Vedanta raises funds at higher rates amid company rejig, say bankers
Vedanta Ltd, a subsidiary of Vedanta Resources, has raised Rs 25 billion rupees ($301.06 million)through the sale of bonds maturing…
JSW Steel acquires remaining 50% stake in NSL Green Steel Recycling; stock rises 1%
Shares of JSW Steel jumped nearly 1 percent in early trade on September 28 post the acquisition of stake in NSL Green…
Cholamandalam Investment may launch Rs 2,000 crore QIP today
Cholamandalam Investment and Finance Co Ltd is planning to raise approximately Rs 2,000 crore through a qualified institutional placement (QIP). The…
Rupee ducks slump in EM currencies, but crude, dollar threats loom
The rupee held its ground so far this year, even as emerging market currencies slumped on rising worries over the…
Bearish Engulfing pattern suggests Nifty may fall to August lows, India VIX hits 4-month high
The Nifty50 lost all its previous day’s gains and has broken 21-day EMA (exponential moving average 19,723) as well as…
Yatra Online lists at 10% discount: Should you buy, sell or hold the stock?
Yatra Online made a weak debut with its shares listing at a 10 percent discount at Rs 127.50 on the NSE and…
Maruti Suzuki among top Nifty gainers; Citi, Morgan Stanley bullish
Shares of Maruti Suzuki India gained 1.6 percent to Rs 10,460 per share in Friday’s intra-day to trade among top…
Glenmark Pharma shares falls 5% after subsidiary stake sale to Nirma
Glenmark Pharmaceuticals share price fell 2 percent at open on September 22, after the pharma company agreed to divest 75 percent of…
PSU banks see sharp rebound; JPMorgan’s India bonds inclusion lifts sentiment
PSU bank shares made a robust comeback on September 22 after a bruising selloff in the previous session after JPMorgan’s…