Mother behind Martha’s Rule shares scheme’s early success

Mother behind Martha’s Rule shares scheme’s early success

Merope Mills Merope Mills began her campaign after an inquest found a change of care plan could have saved Martha’s life Almost one out of every eight phone calls made under the Martha’s Rule scheme has led to a potentially life-saving change of treatment, NHS England has revealed. The scheme allows rapidly deteriorating patients and … Read more

GNG Electronics files draft papers with Sebi; aims to raise Rs 825 cr via fresh issue

GNG Electronics files draft papers with Sebi; aims to raise Rs 825 cr via fresh issue

GNG Electronics Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of equity shares aggregating up to Rs 825 core and an offer for sale (OFS) of up to 97 lakh equity shares by promoters, … Read more

Star Agriwarehousing files IPO papers with Sebi; aims to raise Rs 450 cr via fresh issue

Star Agriwarehousing files IPO papers with Sebi; aims to raise Rs 450 cr via fresh issue

Star Agriwarehousing and Collateral Management Ltd, a tech-driven agricultural services firm, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 450 crore and an Offer-For-Sale (OFS) component of 2.69 crore equity shares … Read more

SBI MF, Tata MF buy Ratnamani Metals Tubes shares worth Rs 262 crore

SBI MF, Tata MF buy Ratnamani Metals Tubes shares worth Rs 262 crore

SBI Mutual Fund (MF) and Tata MF on Wednesday bought shares of Ratnamani Metals & Tubes for Rs 262 crore through open market transactions. According to the block deal data available on the National Stock Exchange (NSE), SBI Mutual Fund purchased 7.55 lakh shares, while Tata MF picked 30,000 shares, amounting to a combined 1.12 … Read more

Morgan Stanley buys shares worth Rs 3.74 crore in this smallcap stock via block deal

Morgan Stanley buys shares worth Rs 3.74 crore in this smallcap stock via block deal

Morgan Stanley bought over 6.7 lakh shares in Niyogin Fintech at a total cost of Rs 3.74 crore via a block deal on Tuesday. The stock was purchased at a price of Rs 55.65 apiece, up 2.8% against the Monday closing price of Rs 54.14 on the BSE. The seller in the deal was Think … Read more

Global Health Q2 Results: Medanta operator posts 5% rise in net profit YoY at Rs 131 crore

Global Health Q2 Results: Medanta operator posts 5% rise in net profit YoY at Rs 131 crore

Global Health, which operates hospitals under the Medanta brand, on Thursday said its profit after tax increased 5 per cent to Rs 131 crore in the September 2024 quarter. The healthcare provider reported a Profit After Tax (PAT) of Rs 125 crore in the July-September quarter a year ago. Revenue from operations rose to Rs … Read more

Matrimony.com Rs 72 crore share buyback offer now open, closes acceptance on November 6

Matrimony.com Rs 72 crore share buyback offer now open, closes acceptance on November 6

Matrimony.com’s Rs 72 crore share buyback, which was announced earlier in September, has opened for eligible shareholders on Wednesday, October 30 and will be available till November 6. “This is to inform you that Matrimony.com Limited (the “Company”) has dispatched the Letter of Offer for the Buyback to eligible shareholders holding Equity Shares on the … Read more

Sebi mulls allowing Associations of Persons to open demat accounts

Sebi mulls allowing Associations of Persons to open demat accounts

Markets regulator Sebi on Wednesday proposed allowing Associations of Persons (AOPs) to open demat accounts in their name to hold certain securities, excluding equity shares. The proposal if implemented would promote ease of doing business and encourage the shift from physical to electronic holdings of securities. In its consultation paper, Sebi has proposed amending its … Read more

Sudarshan Chemical Industries acquires Germany-based world’s second biggest pigment company Heubach Group

Sudarshan Chemical Industries acquires Germany-based world’s second biggest pigment company Heubach Group

Shares of Sudarshan Chemical Industries hit a 20% upper circuit at Rs 1,207.50 on Friday following the announcement of its acquisition of Germany-based world’s second biggest pigment company Heubach Group through an asset and share deal. Heubach GmbH, filed for bankruptcy in Germany in April. In a stock exchange disclosure, Sudarshan Chemical stated that it … Read more

India’s Adani Green units plan to raise up to $1 billion in dollar bonds, bankers say

India’s Adani Green units plan to raise up to  billion in dollar bonds, bankers say

Four subsidiaries of India’s Adani Green Energy plan to raise up to $1 billion by issuing U.S. dollar-denominated bonds, two merchant bankers involved in the deal said on Tuesday. The companies will issue bonds with a maturity of 20 years in one or more tranches starting this month, the bankers said, speaking on condition of … Read more