9 must-watch films of Ajay Devgn

9 must-watch films of Ajay Devgn

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What is Bengaluru metro’s driverless train bought from a Chinese company

What is Bengaluru metro’s driverless train bought from a Chinese company

The Story so far On February 14, the Bengaluru Metro Rail Corporation Limited (BMRCL) received the first set of six train coaches, which arrived at the Hebbagodi metro depot from China and are now undergoing multiple tests. The inaugural driverless prototype train for Bengaluru Metro’s upcoming Yellow Line, a 19 km route linking R.V. Road … Read more

RIL m-cap crosses Rs 20 lakh crore, company world’s 48th most valuable

RIL m-cap crosses Rs 20 lakh crore, company world’s 48th most valuable

Reliance Industries became the first Indian company to reach Rs 20 lakh crore in market capitalisation. The energy-to-telecom conglomerate’s market value stood at Rs 20.04 lakh crore ($238.7 billion) on Wednesday, catapulting it into the list of world’s most valuable corporations. Surpassing behemoths like Pepsico, Novartis, Industrial and Commercial Bank of China, and SAP in … Read more

Indiabulls Housing to raise Rs 3,693 crore via rights issue

Indiabulls Housing to raise Rs 3,693 crore via rights issue

Mumbai: Indiabulls Housing Finance on Sunday announced plans to raise ₹3,693 crore through a rights issue of equity shares with a face value of ₹2 each. The decision follows the approval by the company‘s board of directors during their meeting on January 17, 2024. The company’s Securities Issuance and Investment Committee of the Board (SIIC) … Read more

India Shelter Finance is well placed to benefit from affordable housing opportunity

India Shelter Finance is well placed to benefit from affordable housing opportunity

ET Intelligence Group: Haryana-based India Shelter Finance Corporation (ISFC) plans to raise ₹800 crore through a fresh issue of equity to augment its capital base and another ₹400 crore through an offer for sale by some of its investors. The shareholding of the promoter and key investor WestBridge, which is not selling any stake, will … Read more

Trent’s fifth Tata Group company to touch Rs 1 trillion m-cap

Trent’s fifth Tata Group company to touch Rs 1 trillion  m-cap

Mumbai: The market value of retail fashion chain Trent touched ₹1 trillion (lakh crore) on Friday, making it the fifth company from the Tata Group to achieve this milestone. Trent shares surged to an all-time high of ₹2,837.40 on Friday. The total market value of all listed Tata Group companies is over ₹25 lakh crore. … Read more

Kross Ltd filed draft papers with SEBI for Rs 500 crore IPO; here are the details

Kross Ltd filed draft papers with SEBI for Rs 500 crore IPO; here are the details

Jamshedpur-based Kross Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO) of shares. The Rs 500 crore worth IPO comprises fresh issue worth up to Rs 250 crore, and an offer for sale aggregating upto Rs 250 crore … Read more

Fundamental Radar: What makes multibagger Anup Engineering worth owning in a portfolio? Sandeep Raina explains

Fundamental Radar: What makes multibagger Anup Engineering worth owning in a portfolio? Sandeep Raina explains

MUMBAI – Static process equipment manufacturing company Anup Engineering has been one of the star performers in 2023, giving a staggering 195% returns to investors. The company manufactures items like heat exchangers, reactors, pressure vessels, columns, and towers, and offers customised fabrications. Nuvama Professional Clients Group is bullish on the company and believes that it’s … Read more