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Reliance Industries and Walt Disney have agreed to merge their Indian media operations in a non-binding deal signed on December 25, 2023. Reports suggest that this move will reshape the Indian entertainment scene, Mukesh Ambani's Reliance Industries
In a bid to comply with SEBI's minimum public shareholding norms, the promoter group of Adani Wilmar, the Fortune Oil-maker, has announced its intention to reduce its stake. Adani Commodities LLP and Lence Pte Ltd, the promoters, plan to sell up to 1
Life Insurance Corporation (LIC) has secured a one-time exemption from the Department of Economic Affairs, allowing the insurance giant to extend its Minimum Public Shareholding (MPS) target to 25% by May 2032. This unprecedented decision follo
On 20 December, Varun Beverages shares rallied over 17% to a fresh 52-week high of ₹1,380.45. This surge was fueled by the company's announcement of acquiring South Africa’s Bevco, a move analysts see as a promising value creation opportunity. Ye
The food ministry has issued a fresh order, overturning the ban on using sugarcane juice for ethanol production. This decision has led to a surge of up to 8% in sugar stocks during early trade on December 18. The ministry has permitted the use of sug
Punjab National Bank (PNB) has become the third Indian lender to cross the ₹1-lakh-crore market value, following a surge of over 60% in its shares this year. At its peak, the stock reached ₹91.81, hitting its market cap over the ₹1.01 lakh cror
In a remarkable resurge Adani Group's market value has witnessed a twofold surge since February 24, restoring confidence in its growth trajectory. The conglomerate with a current market capitalization of around ₹14 lakh crore, rebounded from the lo
IRCTC, the service provider for Indian Railways, is set to diversify its business beyond railway operations. The company's shares surged by 3%, reaching a new 52-week high of ₹799.95 on December 14. This growth follows the announcement of IRCTC's a
NBCC Limited witnessed a nearly 6% surge in its shares, reaching a new 52-week high of ₹84.75 in early trade on December 14. This surge follows the company's announcement of securing a project management consultancy contract worth ₹1,500 crore fo
Hindalco Industries, a key player in aluminium manufacturing, recently unveiled plans for a ₹800 crore investment in a facility geared towards producing high-quality aluminium foil crucial for rechargeable batteries. The proposed plant, set to be l
Dixon Technologies (India) has witnessed a surge, extending its bullish streak for the second consecutive trading session. On Tuesday, the company's shares soared by 6.1%, reaching a new all-time high of ₹6,765 during intraday trade. Yesterday, on
On December 12, a mega block deal worth ₹6,395 crore took place on the exchanges involving Mankind Pharma. Approximately 8.7% equity, equivalent to 3.5 crore shares, changed hands in this transaction. As of 9:25 am, Mankind Pharma shares were tradi
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