The Securities and Exchange Board of India has extended the deadline for existing demat account holders to choose their nominees by an additional three months, making the new deadline December 31, 2023. Originally, the deadline was scheduled for Sept

Punjab National Bank and Rural Electrification Corporation have entered into a partnership to co-finance the power sector and infrastructure & logistics projects. This ambitious venture is potentially valued at a staggering ₹55,000 crore. Follo

The National Stock Exchange (NSE) is considering a significant shift in its trading hours, potentially introducing extended sessions for equity derivatives. This move aims to provide Indian traders with the ability to react more quickly to global eve

Delta Corp Ltd, a prominent gaming company, saw its stock plummet by 20% during the intraday session on the Bombay Stock Exchange (BSE), touching its 52-week low of ₹140.20. This significant decline followed the company's announcement that it had r

Bajaj Finance, a leading non-banking financial company (NBFC), is preparing for a fundraising endeavor, aiming to secure between $800 million to $1 billion. This capital infusion is set to occur through a Qualified Institutions Placement (QIP) or pre

The ₹730 crore IPO of SignatureGlobal India Ltd, consisted of a combination of fresh issue and offer for sale. The fresh issue was to the tune of ₹603 crore while the offer for sale (OFS) was worth ₹127 crore. The IPO pricing was done in the ba

Indian conglomerate JSW Group is actively exploring a partnership with South Korea's LG Energy Solution (LGES) to manufacture batteries in India, according to sources with direct knowledge of the discussions. This move aligns with JSW's ambitious pla

On Friday, September 22, Glenmark Pharmaceuticals witnessed a sharp decline of over 6% in its share price on the Bombay Stock Exchange (BSE). This drop was prompted by the news of Nirma's acquisition of a substantial 75% stake in Glenmark's subsidiar

In a turbulent turn of events, newly launched budget carrier Akasa Air finds itself grappling with a crisis as a wave of pilot resignations threatens to disrupt its operations. The airline, which commenced operations in August 2022, had initially sho

Infosys, a prominent Indian IT company, and NVIDIA, a leading US chipmaker, have announced an expanded strategic collaboration. Their shared goal is to leverage generative AI applications and solutions to boost productivity for enterprises worldwide.

In a strategic move, the government is set to sell a 4.92% stake in SJVN (Satluj Jal Vidyut Nigam) at a floor price of ₹69 per share through a two-day Offer for Sale (OFS), as confirmed by an official source. Non-retail investors can participate in

Torrent Pharmaceuticals Ltd is actively engaged in discussions with CVC Capital Partners and Brookfield to assemble a consortium and raise substantial funds for an ambitious acquisition endeavor. The company is set to acquire its rival, Cipla, and ha