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EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...
Revenue of auto ancillary firms grew at 11% CAGR during 2016-26: ReportAuto ancillary companies saw revenue grow at 11 percent annually from FY16 to FY26. Exports and increased vehicle content fueled this expan...
Zee Entertainment shares rise over 3% ahead of FIFA World Cup, Rs 2,300-crore fundraising plansZee Entertainment Enterprises' shares rose after its board approved raising at least Rs 2,300 crore to fund strategic initiatives and bolst...
UHM Vacation shares list at 25% discount to IPO price on BSE SME platformUHM Vacation Listing: UHM Vacation shares debuted on the BSE SME platform at a significant 25% discount to its IPO price, listing at Rs 132...
Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
Goldman Sachs buys CMR Green Technologies shares on listing day after strong debutGoldman Sachs India Equity Portfolio bought shares worth Rs 49.82 crore in CMR Green Technologies on its listing day, which saw a 43% premi...
Income tax burden reduction over 12 years reflects 'Ramrajya', government saysA government booklet marks Narendra Modi's tenure as India's longest-serving Prime Minister. It highlights tax reductions and reforms like ...
CMR Green Tech shares fall 8% after solid 43% stock market debut. Buy, sell or hold?CMR Green Technologies shares fell sharply from their post-listing highs after debuting at a 43% premium to the IPO price. While analysts r...
Afcons Infra shares soar over 9% on Rs 5,301 cr order to build world’s second-largest breakwaterAfcons Infrastructure shares surged following a significant contract win. The company will construct a 10.14-km breakwater for Vadhvan Port...
Utkal Speciality Industries IPO: Check GMP, price band, subscription and other detailsUtkal Speciality Industries India's IPO opens Wednesday, aiming to raise Rs 34.5 crore with shares priced between Rs 62-66. The SME issue, ...
CMR Green shares make strong D-Street debut, list at 43% premium over IPO priceCMR Green Technologies made a strong debut on the stock market, with shares listing at a 43% premium on the BSE and 40% on the NSE. The com...
Wipro's Rs 15,000 crore buyback opens tomorrow: Should retail investors tender shares?Wipro's Rs 15,000 crore share buyback opens on Thursday, offering shareholders an opportunity to tender their shares at Rs 250 apiece, a 38...
Dixon Tech shares rise as subsidiary enters JV to manufacture optical telecom productsDixon Technologies' shares rose after its subsidiary, Dixon Electroconnect, partnered with Gemtek Technology to form a joint venture. This ...
Infosys dividend alert! Last date to buy IT giant's shares to secure Rs 25/sh payoutInfosys has set June 10 as the record date to determine shareholder eligibility for its final dividend of Rs 25 per share. Since shares mus...
Stellar debut! Merritronix shares list at 90% premium on BSE SME platformMerritronix shares debuted with a 90% premium on the BSE SME platform, listing at Rs 283 against an issue price of Rs 149. The Rs 70 crore ...
Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
Balance sheet trick: Decoding another manipulation, and how to spot a bad apple in your portfolio before othersThere is one line in the accounts that most investors skip because it looks routine. But behind that line can sit disputed demands, old los...
Adani Ports shares snap 2-day fall, rise over 1% after Goldman Sachs raises target priceShares of Adani Ports saw an uptick on Friday after Goldman Sachs reaffirmed its ‘Buy’ rating and raised the target price to Rs 1,870. Stro...
South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staffIn an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing...
JM Financial shares tank 8% as Q4 net profit declines 31% to Rs 162 croreJM Financial's shares plunged 8% following a significant drop in fourth-quarter net revenue and profit. While full-year profit after tax sa...