Jio Platforms has gained Sebi’s green light for its anticipated initial public offering, which is projected to garner between $3.5 and $4 billion. This marks Reliance Industries’ first IPO in almost 20 years. The firm intends to issue new equity…
Read More
The Enforcement Directorate has taken significant measures by freezing bank deposits exceeding fifty-one crore rupees as part of an ongoing inquiry into extensive bank loan fraud. This case pertains to Dewan Housing Finance Corporation Limited and its promoters, revealing that…
Read More
India’s industrial growth slowed to 6.7% in July from 7.3% in June, government data showed. Manufacturing and electricity supported growth, while mining contracted. Capital goods recorded the strongest expansion at 16.1%, while consumer non-durables declined 1%.
Read More
The global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash out mechanisms for use of digital currencies, and explore ways to increase intra-BRICS trade using national…
Read More
Tata Sons received a three-month extension for its annual general meeting. The meeting was deferred due to restrictions on the Sir Ratan Tata Trust. This prevented a quorum, impacting the company’s governance. The extension protects minority shareholders’ interests during this…
Read More
NSE’s valuation in the unlisted market is around ₹5 lakh crore, potentially catapulting it to India’s top-ten market capitalization leader-board on listing, based on current prices.
Read More