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Abu Dhabi's International Holding Company (IHC) has raised its stake in Adani Enterprises, leading to a surge in investor confidence and reaffirming its faith in the Indian conglomerate's growth prospects. On Wednesday, the share price of Adani Enter
Nestle India shares surged over 4% in early trading today following an announcement from the company about considering a stock split and an interim dividend in its upcoming board meeting. Nestle's stock price rose as much as 4.45% to ₹23,333.65 per
Anil Agarwal, the mining billionaire behind the Vedanta Group, has announced plans to divide the single unit into six separate entities, a decade after they were merged into a single unit. This decision comes as part of an effort to "unlock sharehold
Bombay Stock Exchange (BSE) has announced the discontinuation of Stop Loss Market (SL-M) orders, effective from October 9. This decision follows a recent incident involving a "freak trade" triggered by an SL-M order, which led to concerns within the
About the Goyal Salt Ltd IPO The issue opened for subscription on 26th September 2023 and closed for subscription on 03rd October 2023; both days inclusive. The company has a face value of ₹10 per share and it is a book built issue. The price ba
Automakers had a mixed month as India geared up for the festive season. Maruti Suzuki, the country's biggest carmaker, saw growth in overall sales compared to last year, but it didn't meet the expectations of market analysts. Here's a quick rundown o
Godrej Agrovet, a prominent player in the agribusiness sector, is set to establish a groundbreaking integrated palm oil complex in Telangana. The project, located in Khammam district, is expected to revolutionize the palm oil industry in India. In a
On 29-sep-2023, Emami Ltd., a prominent Indian FMCG company, made an exciting foray into the health juice category by acquiring a 26% stake in Axiom Ayurveda Pvt Ltd, the firm behind the popular AloFrut brand of beverages. This strategic move caused
28-Sep-2023, the board of directors of Dr. Reddy’s Laboratories approved the incorporation of a wholly-owned subsidiary dedicated to nutraceuticals, vitamins, minerals, herbals, and supplements. The company, headquartered in Hyderabad, India, aims
JSW Steel, a prominent player in the steel industry, jumped nearly 1% in early trade on September 28. This surge came after the successful acquisition of a substantial stake in NSL Green Steel Recycling. JSW Steel has purchased the entire 50% stake t
Dixon Technologies India Limited recently announced a development in the smartphone manufacturing industry on Wednesday, September 27, and the company revealed that its wholly owned subsidiary, Padget Electronics Private Limited, has entered into a p
Recently, the Maharashtra government announced that there is a change in Holiday dates on the occasion of Eid-e-Milad. Earlier, both NSE and BSE had planned their settlement holidays for September 28, 2023. However, things have been sh
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