L&T Semiconductor Tech, a wholly owned subsidiary of L&T, has entered into an agreement to acquire SiliConch Systems for an upfront payment of ₹133 crore, with an additional deferred payment of ₹50 crore to be made over the next four year

Adani group companies, Adani Enterprises Ltd and Adani Energy Solutions, are preparing to enter the markets soon through qualified institutional placement (QIP) offerings, aiming to raise up to $2.5 billion, according to sources familiar with the gro

In a significant development that will impact discount broking, the regulator has directed stock exchanges and other market infrastructure institutions (MIIs) to charge all their members uniformly, prohibiting discounts based on trading volumes or ac

Shares of Vodafone Idea increased by approximately 4% following a report that the telecom service provider had fulfilled its 5G rollout obligations in all circles. The company holds 5G spectrum in 17 circles and has completed the rollout requirements

On June 21, Axis Bank stock experienced a significant trade, with 0.55% equity stake in the private lender being sold for ₹2,088.2 crore, as reported by CNBC-TV18. A total of 1.7 crore shares were traded at ₹1,226 per share. The identities of the

Analysts at Bernstein brokerage have issued a 'Buy' recommendation for Zomato stock, setting a target price of ₹230 per share. They highlight the company's market leadership, pricing power, and reduced delivery costs as key factors contributing to

On June 21, shares of JM Financial fell by up to 2%, following a directive from the Securities and Exchange Board of India (SEBI). SEBI instructed JM Financial to stop accepting new mandates as a lead manager in public issues of debt securities until

On June 21, 9.3% of Aster DM Healthcare's equity was sold for ₹1,607 crore through block deals, likely involving PE firm Olympus selling part of its remaining stake in the company. Previously, on June 20, Moneycontrol had reported that Olympus i

On June 21, the Nifty reached a new all-time high, primarily driven by an increase in IT stocks. This surge followed Accenture's announcement of higher-than-anticipated annual revenue growth, fueled by the rising demand for its artificial intelligenc

About the Stanley Lifestyles IPO The Stanley Lifestyles IPO will be a combination of a fresh issue of shares and offer for sale (OFS) component. The fresh issue brings in fresh funds into the company, but is also EPS and equity dilutive. The OFS i

Le Travenues Technology (Ixigo) IPO subscription Status on Day-3 As of 5.55 pm on 12th June 2024, out of the 437.69 lakh shares on offer in the IPO (excluding anchor portion), Le Travenues Technology (Ixigo) saw bids for 42,936.35 lakh shares. Thi

One 97 Communications Shares, the parent company of Paytm, built on the previous session's gains by increasing more than 4% on June 10. Over the last two sessions, the stock has surged by 14% as investor interest grew following an adjustment in the c