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Business  /  Published 28.09.22

Balmer Lawrie sets big goals

Diversified public sector firm Balmer Lawrie has set a near-term goal to reach a turnover of around Rs 3,500 crore in the next two years and then look to scale up to Rs 10,000 crore by 2030. The comp...
By A Staff Reporter

Business  /  Published 19.09.22

Obscure firm takes 4.73% in McLeod Russel India

The stock closed at Rs 28.35, up by 19.87 per cent on Friday, aided with big volumes, in the aftereffect of the share purchase by Carbon Resources. Little is publicly known about the company, except ...
By Sambit Saha in Kolkata

Business  /  Published 16.09.22

Dull debut for TMB shares

Shares of Tamilnad Mercantile Bank on Thursday made a muted market debut and ended on a flat note against its issue price of Rs 510. On the NSE, the stock debuted at Rs 495, lower by 2.94 per cent fr...
By PTI in New Delhi

Business  /  Published 11.09.22

Dull response to Adani's open offer

Adani Group’s Rs 31,000-crore open offer to acquire 26 per cent additional stakes in Swiss firm Holcim’s two Indian listed entities ACC Ltd and Ambuja Cements closed on Friday amid lacklus...
By PTI in New Delhi

News  /  Published 29.08.22

For Rs 80 crore, IIM Lucknow EIC buys a small stake in Just Rojgar

IIM Lucknow's start-up incubation division EIC acquired a tiny share in ed-tech company Just Rojgar for Rs 79.95 crore ...
By PTI

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Business  /  Published 11.08.22

Musk sells $6.9bn Tesla shares

Tesla Inc chief executive officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal batt...
By Reuters in San Francisco/Bangalore

Business  /  Published 16.07.22

Voda: equity allocation nod

Sula Vineyards, a leading wine producer, has filed draft papers with Sebi for an initial public offering (IPO). The float will entirely be an offer for sale aggregating to 25,546,186 equity shares. ...
By Our Special Correspondent in New Delhi

Business  /  Published 12.07.22

Airtel tanks on Adani 5G entry bid

According to a Motilal Oswal report, the Adanis could have simply leased network or spectrum from telcos to meet its telecom goals rather than participate in an auction. “So, there exists a pos...
By Our Special Correspondent in Mumbai

Business  /  Published 23.06.22

Voda Idea to raise Rs 436cr

The board of cashstrapped Vodafone Idea on Wednesday approved the plan to raise Rs 436 crore from a Vodafone Group entity (Euro Pacific Securities), via issuance of up to 42.76 lakh equity shares or w...
By Our Special Correspondent in New Delhi

Business  /  Published 15.06.22

Bajaj Auto defers meet on buyback

Bajaj Auto, the homegrown auto maker, on Tuesday deferred a board meeting called to discuss a share buyback, sending its shares lower. Market participants are wondering why the meeting was called in ...
By Our Special Correspondent in Mumbai


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