The Reserve Bank of India (RBI) has announced that banks in several major cities, including Mumbai, Delhi, Chennai, Bengaluru, Kolkata, and Hyderabad, will remain closed on February 26, 2025, in observance of Mahashivratri. This closure is part of the RBI’s official holiday schedule, which categorises holidays under the Negotiable Instruments Act, Real Time Gross Settlement … Read more
Brigade Hotel Ventures Limited, a wholly-owned subsidiary of Brigade Enterprises, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise around Rs 900 crore through an initial public offering (IPO). This offering consists of a fresh issuance of equity shares with a face value of ₹10 … Read more
“Bombay stock exchange has made a difference to Indian investors in India and to some extent globally,” says Hemendra M Kothari, Chairman, DSP Asset ManagersMeanwhile, Sundararaman Ramamurthy, MD & CEO, BSE says, ” There are a lot of participants in the market who have been there for a very-very long time. You just go and … Read more
Bharat Forge which has diversified heavily into defence manufacturing in the last few years, has developed a range of products including a range of artillery guns. Bharat Forge which has diversified heavily into defence manufacturing in the last few years, has developed a range of products including a range of artillery guns. Pune-based Bharat Forge … Read more
NEW DELHI: Shyam Metalics, whose Rs 909 crore IPO was sold from June 14 to June 16, has finalised its basis of allotment and the initialisation of refunds is likely to begin today. The IPO will list on the bourses on June 24. The issue by the producer of long steel products, which consisted of … Read more
MUMBAI: About 74 crore shares of Vedanta have been tendered by the public shareholders in the buyback offer made by Anil Agarwal’s Vedanta group to delist the company. A total of 134 crore shares out of 169.73 crore shares held by public shareholders need to be tendered for the delisting to succeed. As on Thursday, … Read more
MUMBAI: Shares of Cairn India Ltd on Friday climbed over 5 per cent to hit a record high of Rs 358 on the BSE amid reports that Vedanta Resources is in talks to buy a majority stake in the subsidiary of UK-based Cairn Energy. The scrip, which was flat for most of the session, shot … Read more
In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore. Source link