Rakesh Gangwal, one of the co-founders of India’s leading airline, IndiGo, along with the Chinkerpoo Family Trust, has reportedly initiated the sale of up to 6% of InterGlobe Aviation Ltd through a block deal. This transaction involved around 2.3 crore shares at a floor price of Rs.4,760 each, amounting to approximately Rs.11,000 crore. Following the …
Welspun Living Limited, part of the renowned Welspun Group, stands tall as one of the largest home textile manufacturers in the world. The company offers an extensive range of home and technical textile products, alongside innovative flooring solutions. Over the years, Welspun Living has established itself as a thought leader in the home textile industry …
Based in Mumbai, Vedanta Limited is a multinational mining company primarily involved in iron ore, gold, and aluminum mining in Goa, Karnataka, Rajasthan, and Odisha. On August 28, Vedanta Ltd. made an announcement on Wednesday, saying that its board will convene the following week to deliberate and authorize the third interim dividend for the current …
Adani Group comprises Adani Ports and Special Economic Zone Limited, an Indian multinational port operator and logistics company. Gwalior is fast growing as a travel destination, a center of commerce and transportation, and a pool of top talent. Due to all of them, Gwalior is becoming one of the developing economic hubs of India and …
Founded on April 1, 1986, Mahanagar Telephone Nigam Limited (MTNL) is a wholly-owned subsidiary of Bharat Sanchar Nigam Limited, which has its headquarters in New Delhi, India. In addition to the island nation of Mauritius in Africa, MTNL offers services in the major Indian cities of Mumbai and New Delhi. Union Bank has frozen all …
PB Fintech Ltd, better known as PolicyBazaar, is India’s go-to online platform for insurance and lending products, operating through its popular brands—PolicyBazaar and PaisaBazaar. These platforms make it easy for users to access a wide range of insurance, credit, and financial products. In a major move, Chinese tech giant Tencent is gearing up to sell …
At the close of the trading session on August 28, 2024, Nifty 50 was up 0.14%, and Sensex was up 0.09% to close at 25,052 and 81,785, respectively. Top Gainers and Losers On the sectoral front, the Nifty IT, Nifty Healthcare Index, Nifty Pharma, and Nifty Mid-Small Healthcare saw gains. On the other hand, the …
Supply of 200 Electric Luxury Buses: JBM Auto Limited, one of the leading players in the electric vehicle space, witnessed its stock rise by over 2% today, accompanied by a significant volume spurt. This surge follows a strategic agreement announced by JBM Electric Vehicles, a subsidiary of JBM Auto, to supply 200 ultra-modern electric luxury …
GQG Partners has made another strategic investment in GMR Airports Infrastructure Limited by acquiring an additional 4.5 crore shares, equivalent to a 0.43% equity stake, via a bulk deal on August 23, according to an exchange filing. With this purchase, GQG’s total stake in the company has risen to 5.17%. A History of Strategic Investments …
GMM Pfaudler is a go-to name for corrosion-resistant gear, mainly serving the pharma and chemical industries. They’ve grown their lineup to include everything from mixing systems to filtration and drying equipment, plus engineered and heavy-duty systems. This morning, GMM Pfaudler stole the spotlight with a major block deal worth a staggering Rs.557.3 crore. In this …
