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Latest News:

Defence-Sector , reliance defence, Pipavav

RCOM-Aircel merger gets shareholders’ approval

New Delhi: Reliance Communications (RCOM) has received 99.99 per cent shareholders approval for merger of its wireless business with Aircel, a company statement said here on Monday.

"The shareholders of Reliance Communications at their meeting conven... Read More


First State Investments hikes stake in Cyient to 9.45%

New Delhi: Global fund house First State Investments has hiked its stake by 1.03 per cent in IT firm Cyient, formerly known as Infotech Enterprises, by buying 11.60 lakh shares in the open market.

In a BSE filing, Cyient said Colonial First State Ass... Read More

IPO , fundraising, stock market

SME IPOs raise Rs 514 cr this year

New Delhi: Spurred by investor interest, 39 small and medium enterprises (SMEs) have raised Rs. 514 crore through initial public offers so far this year, already close to the total garnered in the entire 2016.

Last year, 66 SMEs had raised Rs... Read More

Adlabs Entertainment

Adlabs board to consider fund raising proposal this week

New Delhi: Theme park operator Adlabs Entertainment today said its board will meet later this week to consider a proposal for raising funds.

“A meeting of the board of directors of the company will be held on Thursday, April 27, 2017, to consider and... Read More

TTK Prestige

TTK Prestige declares interim dividend of Rs. 15/share

New Delhi: Kitchen appliances maker TTK Prestige today said its board has declared an interim dividend of Rs. 15 per share.

“The board of directors of the company at a meeting held on April 24, 2017 has declared interim dividend of Rs... Read More

Divis Laboratories

Divis Labs hits 52-week low

Mumbai: Divi’s Laboratories hit 52-week low of Rs 607, down 4% on BSE in early morning trade after the company on Saturday said that the US drug regulator has issued a warning letter for its unit-II at Visakhapatnam, Andhra Pradesh.

“The US Food an... Read More

NSE, National stock Exchange, Financial results

NSE to delist Deccan Chronicle, Koutons Retail, 17 others

Mumbai: Leading bourse NSE has decided to delist as many as 19 firms including Deccan Chronicle Holdings Ltd and Koutons Retail India Ltd from its platform from next month.

This is in addition to 70 companies that were delisted by NSE in August and M... Read More

Vodafone, Financial results

Vodafone to sell 9% additional stake to Aditya Birla Group after merger

New Delhi: Vodafone has agreed to sell 9.5 per cent additional stake to Aditya Birla Group for Rs 130 per share after they merge their telecom operations to create the country's largest operator worth more than USD 23 billion.

Aditya Birla Group has ... Read More

Narayana Hrudayalaya, Financial Results

Narayana Hrudayalaya to acquire Panacea Biotec arm for Rs. 180 cr

New Delhi: Narayana Hrudayalaya has entered into an agreement with Panacea Biotec to fully acquire its subsidiary NewRise Healthcare for an enterprise value of Rs. 180 crore.

The company has "entered into a definitive agreement to acquire 100 per cen... Read More

ITC, Classic Infrastructure & Development, Stake acquisition , stock market

ITC examining options for Taj Mansingh auction

New Delhi: Diversified conglomerate ITC is learnt to be evaluating options for making a bid for hotel Taj Mansingh following the Supreme Court's decision to allow New Delhi Municipal Council (NDMC) to e-auction the iconic property... Read More