The Reserve Bank of India (RBI) granted its approval on October 11 for SBI Mutual Fund (SBI MF), the mutual funds arm of the State Bank of India, to acquire a 9.99% stake in the private lender, IndusInd Bank. This move was disclosed through a regulat

Sula Vineyards share price, India's largest wine producer, surged by 4% in early trading on Thursday, reaching ₹485 per share. This surge was a direct response to the impressive sales update for Q2FY24. In an exchange filing on Wednesday, Sula Vine

Multi Commodity Exchange of India (MCX) is set to introduce its new web based commodity derivatives platform (CDP) on October 16, following the recent approval from the Securities and Exchange Board of India (SEBI). This announcement comes after a te

In an official filing to the BSE on October 10, Titan Company announced that its Board of Directors is scheduled to meet on October 17 to deliberate on the possibility of issuing Non-Convertible Debentures (NCDs). Titan's excellent performance in the

Glenmark Life Sciences, a pharmaceutical company, recently declared an interim dividend of ₹22.50 per share. This announcement was made on October 9, 2023, through an exchange filing, and the record date to eligible shareholders for the interim div

In September 2023, the number of demat accounts in India surged to 12.97 crore, marking a 26% year-on-year increase. This substantial growth can be attributed to several factors, primarily the attractive returns offered by local equities. Record D

A subsidiary of the Abu Dhabi Investment Authority (ADIA) has invested a substantial amount of ₹4,966.80 crore in Reliance Retail Ventures Ltd (RRVL). This development is part of Reliance Industries' ongoing efforts to secure $3.5 billion in invest

On 9-October--2023, Tata Consultancy Services (TCS) made headlines as its shares opened one percent higher and reached a 52-week high of ₹3,659. This surge in stock price was triggered by the company's announcement of plans to consider a share buyb

On October 6, 2023, SoftBank executed a block deal, selling a 2.5% stake in PB Fintech for ₹871.2 crore. The block deal involved 1.14 crore shares of PB Fintech, the parent company of PolicyBazaar. PB Fintech shares were trading at ₹765.45 down 0

Pharmaceutical giant Sun Pharmaceutical Industries Ltd. has made strategic moves to diversify its product portfolio in the field of non-invasive medical technology. On October 6, 2023, Sun Pharma announced its acquisition of a 37.76% stake in Ezerx H

Tata Consultancy Services (TCS) has entered into a multi-year partnership with the prominent British retail giant, Asda. The collaboration aims to support Asda's ambitious digital transformation efforts and implement a new IT operating model, followi

Indian engineering and infrastructure conglomerate Larsen & Toubro Ltd. (L&T) has been on a winning streak, securing a series of significant orders in various sectors. In the past three days alone, L&T has announced three major contracts,