Business
Bank of Maharashtra Unveils Major QIP Move with 61.01 Lakh Equity Shares Allocation!
Bank of Maharashtra has successfully allotted 61.01 lakh equity shares as part of its Qualified Institutional Placement (QIP) initiative, bolstering its capital base for future growth
ICRA Predicts Up to 9% Growth in Domestic Road Logistics Revenue!
The domestic road logistics industry is projected to see revenue growth of up to 9%, driven by increased demand and improved infrastructure, according to ICRA's latest report
Avantel Sees Impressive 42.5% Surge in Net Profit for Q3 2024!
Avantel's consolidated net profit surged 42.50% in the September 2024 quarter, driven by robust revenue growth and strategic cost management, highlighting the company's strong market position
Markets Experience Their Toughest Week in Over Two Years as West Asia Crisis Dampens Investor Sentiment
Global markets faced their steepest decline in over two years, driven by escalating tensions in West Asia, which dampened investor sentiment and heightened economic uncertainty
Sebi Greenlights Jio Fin-BlackRock’s Exciting Venture into the Mutual Fund Arena!
Sebi has granted in-principle approval for Jio Fin-BlackRock to launch a mutual fund, marking a significant step in the collaboration between the telecom giant and the investment firm
Major Stake Sale: Investor Offloads 8.45% of R Systems for ₹465 Crore as Goldman Sachs Enters the Scene!
An investor divested 8.45% of R Systems for ₹465 crore, while Goldman Sachs acquired a significant stake, signaling strong interest in the tech firm’s growth potential
India and US Set to Strengthen Ties Through Ongoing Talks on Totalisation Agreement, Says Piyush Goyal
India remains committed to ongoing discussions with the US regarding a totalisation pact, as emphasized by Commerce Minister Piyush Goyal, aiming to enhance social security for expatriates
Indoco Remedies Soars 3% After USFDA Approval for New Allergy Treatment!
Indoco Remedies' shares surged over 3% following the USFDA's approval of its new allergy medication, signaling strong market confidence and potential growth for the pharmaceutical company
KRN Heat Exchanger Soars in Debut, Surging 2.2 Times!
KRN Heat Exchanger's trading debut exceeded expectations, surging 2.2 times on its first day, signaling strong investor confidence and robust market demand for innovative thermal solutions
Government Streamlines Agricultural Programs into Two Key Initiatives and Approves ₹10,000 Crore Oilseeds Mission!
The Cabinet has streamlined agricultural schemes into two main programs and approved a substantial Rs 10,000 crore investment for the Oilseeds Mission to boost domestic production