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Doms Industries’ Italian Promoter Pares Stake For Rs 798 Crore; Axis MF Buy Shares

DOMS Industries Ltd.’s Italian promoter entity FILA Group pared stake for Rs 798.54 via open market deals on Thursday. Through the affiliate FILA Fabbrica Italiana Lapis Ed Affini SPA, the firm offloaded 27.7 lakh shares at an average price of Rs 2,879.29 apiece, according to buld deal data on the NSE. The share sale represents […]

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December, 19 2024 22:30 PM

Formula-E race issue: Case registered against BRS leader KT Rama Rao over payments without approvals

Telangana’s Anti-Corruption Bureau filed a case against K.T. Rama Rao. The case involves alleged improper payments for the Hyderabad Formula-E race. The race was cancelled this year. Rama Rao denies wrongdoing and wants a public debate. He claims the payments were properly made. The governor granted permission for the case. Rama Rao says he will […]

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December, 19 2024 19:30 PM

Industry wants govt to scrutinise gold data to see if there is any discrepancy

Industry questions government on record gold imports in November 2024, suspecting data errors, while demand rises due to various factors.

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December, 19 2024 19:30 PM

Doms Industries’ Italian Promoter Pares Stake For Rs 798 Crore; Axis MF Buy Shares

DOMS Industries Ltd.’s Italian promoter entity FILA Group pared stake for Rs 798.54 via open market deals on Thursday. Through the affiliate FILA Fabbrica Italiana Lapis Ed Affini SPA, the firm offloaded 27.7 lakh shares at an average price of Rs 2,879.29 apiece, according to buld deal data on the NSE. The share sale represents […]

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December, 19 2024 19:30 PM

Indices: Stock market update: Nifty Auto index 0.73%

The Nifty Auto index closed 0.73 per cent at 23070.90.

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December, 19 2024 16:30 PM

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar

Indian rupee hits record low of 85.08 against USD as Fed signals cautious monetary policy, impacting emerging market currencies.

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December, 19 2024 16:30 PM

BSE SME-Listed Veefin Raises INR 136 Cr

Fintech company Veefin Solutions said it has bagged INR 136 Cr (around $16 Mn) from undisclosed capital market investors

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December, 19 2024 16:30 PM

Indices: Stock market update: Nifty Auto index 0.73%

The Nifty Auto index closed 0.73 per cent at 23070.90.

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December, 19 2024 13:30 PM

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar

Indian rupee hits record low of 85.08 against USD as Fed signals cautious monetary policy, impacting emerging market currencies.

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December, 19 2024 13:30 PM

BSE SME-Listed Veefin Raises INR 136 Cr

Fintech company Veefin Solutions said it has bagged INR 136 Cr (around $16 Mn) from undisclosed capital market investors

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December, 19 2024 13:30 PM

3 best cashback credit cards of 2025: Earn more on every purchase

Credit Card: The Cashback SBI Card gives 5% cashback on online purchases. The Swiggy HDFC Bank Credit Card provides 10% cashback on Swiggy App purchases (food delivery, Instamart, Dineout, etc.). The HSBC Live+ Cashback Credit Card provides 10% cashback on groceries, food delivery, and dining.

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December, 19 2024 10:37 AM

Mobikwik leads IPO debut with 90% surge; Vishal, Sai Life gain around 40%

All the three companies that made their stock market debut on Wednesday delivered huge day-one gains for investors. Shares of digital payment major One Mobikwik Systems surged 90 per cent, while that of fashion retailer Vishal Mega Mart and pharma firm Sai Life Sciences gained around 40 per cent each. These stellar debuts came despite […]

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December, 19 2024 10:37 AM

Zomato, ICICI Bank, Kotak Mahindra Bank Shares Could Turn Volatile Tomorrow — Here’s Why

Friday is setting out to be a volatile day for stocks entering the Sensex and FTSE indices, as the rebalancing coincides with Sensex’s weekly options expiry. Shares of food delivery platform Zomato Ltd. and frontline private lenders ICICI Bank, Kotak Mahindra Bank and Bajaj Finance will be in demand on in the last leg of […]

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December, 19 2024 10:37 AM

Concord Enviro Systems IPO opens today

Concord Enviro Systems IPO opens at ₹665-701, with proceeds to expand water treatment systems and manufacturing facilities.

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December, 19 2024 07:30 AM

Amazon Exits Shoppers Stop, Makes 54% Gain On Original Investment

Online retail giant Amazon.com Inc. exited Shoppers Stop Ltd. on Dec. 18 by selling its entire 4% stake for Rs 276 crore through an open market bulk deal. The US-based company offloaded nearly 44 lakh shares at Rs 627.6 apiece through its investment holding company Amazon.com NV Investment Holdings LLC.

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December, 19 2024 07:30 AM

Swiggy shares jump nearly 2% as JP Morgan initiates coverage, sets Rs 730 target

Swiggy’s stock gains attention as JP Morgan gives an ‘overweight’ rating with a target price of Rs 730, citing growth potential in food delivery and quick commerce, and operational efficiency.

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December, 19 2024 07:30 AM

Concord Enviro Systems IPO opens today

Concord Enviro Systems IPO opens at ₹665-701, with proceeds to expand water treatment systems and manufacturing facilities.

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December, 19 2024 04:30 AM

Swiggy shares jump nearly 2% as JP Morgan initiates coverage, sets Rs 730 target

Swiggy’s stock gains attention as JP Morgan gives an ‘overweight’ rating with a target price of Rs 730, citing growth potential in food delivery and quick commerce, and operational efficiency.

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December, 19 2024 04:30 AM

Amazon Exits Shoppers Stop, Makes 54% Gain On Original Investment

Online retail giant Amazon.com Inc. exited Shoppers Stop Ltd. on Dec. 18 by selling its entire 4% stake for Rs 276 crore through an open market bulk deal. The US-based company offloaded nearly 44 lakh shares at Rs 627.6 apiece through its investment holding company Amazon.com NV Investment Holdings LLC.

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December, 19 2024 04:30 AM

Is Civitas Resources (CIVI) the Best High Growth Energy Stock to Invest in?

We recently compiled a list of the 10 High Growth Energy Stocks To Invest In. In this article, we are going to take a look at where Civitas Resources Inc.

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December, 19 2024 01:30 AM

Is Permian Resources (PR) the Best High Growth Energy Stock to Invest in?

We recently compiled a list of the 10 High Growth Energy Stocks To Invest In.

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December, 19 2024 01:30 AM

Is Diamondback Energy (FANG) the Best High Growth Energy Stock to Invest in?

We recently compiled a list of the 10 High Growth Energy Stocks To Invest In. In this article, we are going to take a look at where Diamondback Energy Inc.

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December, 19 2024 01:30 AM

DAM Capital Advisors Raises Rs 252 Crore From Anchor Investors Prior To IPO Launch

DAM Capital Advisors Ltd. raised Rs 251.5 crore from anchor investors on Wednesday ahead of its initial public offering. The company allotted approximately 88.9 lakh shares at Rs 283 apiece to 33 anchor investors. Five funds, including HDFC Mutual Fund-HDFC Dividend Yield Fund and Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund, got […]

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December, 18 2024 22:30 PM

Chequered Flag Dec. 18: Headlines At A Glance

Today’s top stories include Zomato, Asian Paints, Mumbai Ferry Accident among others.

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December, 18 2024 22:30 PM
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