Vodafone Idea: The telecom major announced early Friday that it plans to initiate a Follow on Public Offer (FPO) of equity shares, aiming to raise up to ₹18,000 crore. The FPO is scheduled to commence next week. The FPO will be open for subscription from April 18 to April 22.Read More →
Reliance Industries: On February 28, Reliance Industries Ltd (RIL), led by billionaire Mukesh Ambani, and global media giant Walt Disney, announced their decision to merge their media operations in India. This merger will create a media powerhouse valued at ₹70,352 crore. As part of this agreement, Viacom18’s media business willRead More →
AstraZeneca Pharma India: The company plans to launch Enhertu in India in January 2024. The drug is used in the treatment of adult patients with unresectable or metastatic HER2-positive breast cancer who have received a prior anti-HER2-based regimen. Mazagon Dock Shipbuilders: The Ministry of Defence has signed a ₹1,614.89-crore dealRead More →
New Delhi: Following are the stocks that could be in focus on Friday: Zomato: Svf Growth (Singapore) Pte, part of Japan’s SoftBank Group, will sell a 1.1% stake in food-delivery company Zomato Ltd Friday for an estimated ₹1,127.5 crore, or $135 million, as per the term sheet of the blockRead More →
New Delhi: Following stocks could be in focus in Thursday’s trade: Bank of Baroda: Is trying to trace the paper trail behind a recent scandal where some employees allegedly created false app sign-ups using random mobile phone numbers. The bank has asked branches to produce customer consent and registration formsRead More →
These are some stocks to watch out for ahead of Tuesday’s trading session. ABB India: ABB and Titagarh Rail Systems have formed a strategic partnership to supply propulsion systems for metro rolling stock projects in India. HDFC Life Insurance Company: Karnataka Bank has formed a strategic partnership with HDFC LifeRead More →
These are some stocks to watch out for ahead of Monday’s trading session: Exide Industries: Exide Industries Ltd has settled its trademark dispute with the UK’s Vertiv Company Group Ltd. and India’s Vertiv Energy Pvt. VCGL and VEPL have agreed that the trademark Chloride and its variants in India areRead More →
Even though the long-term view about the market remains strong because of India’s robust macro outlook, the short-term outlook of the market continues to remain hazy. Experts see mixed cues for October. “There are mixed cues for the October series, which historically has been a good month for markets. TheRead More →
Here are the top ten stocks that will be in focus today Cipla: Promoters of India’s fourth-largest drugmaker are in advanced talks with two consortiums—one led by Torrent Pharmaceuticals Ltd, with the participation of prominent family offices, and the other a group of buyout firms led by BPEA EQT andRead More →
Following are the top ten stocks that are likely to be in focus today: Vedanta: Moody’s Investors Service downgraded Vedanta Resources’ corporate family rating from Caa1 to Caa2 over elevated risks of debt restructuring over the next few months. With the current downgrade, the outlook remains negative for the parentRead More →
