The date of listing of Jio Financial Services is officially out. The financial / NBFC arm of Reliance Industries, which was demerged from RIL in the ratio of 1:1, will be listed on the NSE and the BSE on 21st August 2023. The NBFC arm of the Reliance

Indian footwear giants Bata India and Adidas India are reportedly considering a strategic partnership to bolster their market presence. While Bata offers a strong retail network, Adidas aims to tap into it for an enhanced market foothold. The talks l

Reliance Industries' demerged unit, Jio Financial Services, is set to be removed from FTSE indexes, a surprising move following its demerger on July 13. The decision, disclosed by FTSE Russell, the global index provider, comes in response to Jio Fina

Aurobindo Pharma, a leading global pharmaceutical manufacturer headquartered in Hyderabad, started the trading day with steady share prices as it announced plans to introduce a groundbreaking tablet for the treatment of HIV in low-to-middle-income co

GQG Partners, led by Rajiv Jain, acquires 0.72% stake in JSW Energy via open market transactions worth ₹410.94 crore. Authum Investment sells 0.97% stake at the same price. JSW Energy's stock rises 3% post-acquisition announcement, reinforcing inve

US-based GQG Partners invests $1.1 billion in Adani Power, acquiring 8.1% stake (31 crore shares) amid challenges. Adani family sells stakes for ₹9,000 crore. Despite recent controversies, GQG's bold move demonstrates confidence in Adani's growth p

Tejas Networks' shares surged by 6% following a successful contract with TCS to supply and support Radio Access Network (RAN) equipment for BSNL's nationwide 4G/5G network expansion, backed by a ₹7,492 crore purchase order. Despite QoQ revenue decl

In a series of significant announcements, Infosys, a prominent Indian IT services provider, has solidified its position as a key player in the technology-driven landscape by securing an impressive deal with renowned global firms. Infosys and Liber

Rakesh Gangwal, the co-founder of IndiGo, divested 4% stake in InterGlobe Aviation for about $450 million, with shares priced at ₹2,400 (5.8% discount). This caused a 4% drop in IndiGo's share price. IndiGo Co-Founder Rakesh Gangwal to Sell 4% S

The upcoming holidays on August 15th and 16th, 2023, will have significant implications for traders and investors. These dates mark a trading holiday on account of Independence Day and a settlement holiday due to Parsi New Year. Here's what you need

Surya Roshni, a lighting and steel pipe manufacturer, faced a 3% drop in shares despite positive news. It secured orders worth ₹171.16 crore, including a ₹163 crore contract from BPCL for a major gas distribution project. The company's board appr

Larsen & Toubro's construction division has achieved remarkable milestones with two significant contracts, reflecting their commitment to excellence and global growth. Cricket Stadium Marvel L&T has won a prestigious contract from the U