Dalmia Bharat Ltd is inching a step closer to its target of becoming a pan-India focused cement manufacturer. Dalmia Cement (Bharat) Ltd (DCBL), a wholly owned subsidiary of Dalmia, has entered into a binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates Ltd andRead More →
With a market valuation of Rs. 831.90 Cr., RSWM Ltd. is a small-cap company that engages in the textile industry. The company manufactures yarns and fabrics as a pioneer in both the domestic and global textile industries. The company’s Board of Directors has declared the record date for the 1:1Read More →
Gold rates in India edged higher, nearing 9-month highs, while silver also rose, tracking firm global rates. On MCX, gold futures were up 0.3% to ₹54,310 per 10 gram while silver rose 0.4% to ₹68,072 per kg. In global markets, gold remained in a narrow range as investors were cautiousRead More →
Paytm’s plan to buyback shares has left investors surprised and worried about the loss-making Indian fintech firm’s growth prospects as it uses funds to prop-up its hammered stock. The board of One 97 Communications Ltd., the listed-entity that runs Paytm, will decide on the buyback on Tuesday. The move comesRead More →
Droneacharya Aerial Innovations IPO: The initial public offer (IPO) of Droneacharya Aerial Innovations Limited opened for subscription today and the BSE SME IPO has been subscribed over 6 times within four hours of issue opening. As per the Droneacharya Aerial Innovations IPO subscription status by 1:36 PM on day oneRead More →
