Network18 Media & Investments Ltd and TV18 Broadcast Limited disclosed a scheme of arrangement on December 6. The plan involves the merger of TV18 and e-Eighteen.com Limited (E18), the entity behind the moneycontrol website and app, with Network1

Ola Electric, under the leadership of Bhavish Aggarwal, is gearing up for its initial public offering (IPO) early next year. In a move to bolster its market position, the electric two-wheeler manufacturer plans to file draft share sale papers within

The central government is set to sell up to an 8% stake in IRCON International through an offer for sale (OFS). This move aims to reduce its ownership from the current 73.18%, allowing the government to raise approximately ₹1,159 crore. The floor p

Ambuja Cements has acquired Sanghi Industries Limited (SIL), marking a development in the cement industry. The Gautam Adani-led company's stocks, including Ambuja Cement and Sanghi Industries, have witnessed a surge for the second consecutive day, re

Adani Group stocks witnessed a surge on December 6, with reports suggesting a positive turn of events for the conglomerate. The rally, fueled by reassurances from the US International Development Finance Corp (DFC), comes in response to allegations o

NSE Indices Ltd., a subsidiary of NSE, has rolled out a new variant of the Nifty 50 index called the Nifty 50 Net Total Return (NTR) Index. This fresh index is designed to assess how well the Nifty 50 is doing by considering reinvested cash dividends

India's stock market, now the world's fifth-largest, is on the verge of hitting a historic $4 trillion valuation. Since the low point during the pandemic in March 2020, the market capitalization of listed securities has tripled. A 2.1% surge in the N

Bajaj Group has breached the ₹10 lakh crore mark in market capitalization, making it the fifth business house to achieve this feat. Joining the ranks of industry giants like Tata, Reliance Industries, HDFC Bank, and the Adani Group, the Pune-based

In November, sales of electric two-wheelers witnessed impressive growth, totaling just over 91,000 units. This marks a nearly 20% increase compared to the same month last year and a 22% rise from October. The uptick suggests a renewed demand for elec

Hindustan Unilever Ltd (HUL) is making strategic moves to enhance its competitiveness in the beauty and personal care market. Starting April 1, the company will split its beauty and personal care division into two separate entities—beauty and wellb

In a remarkable fifth consecutive session of gains, the domestic equity market in India soared to record highs on Monday. The BJP's impressive victories in three out of five state elections fueled the bullish trend, instilling confidence in investors

Escorts Kubota Ltd. witnessed a 4% increase in its total dispatches to dealerships, reaching 8,258 units, reflecting a 3.7% YoY growth. The rise in total dispatches to dealerships for Escorts Kubota Ltd. was mainly due to increased sales within the d