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Tata Group stocks soar on reports of potential IPO

Mumbai, March 7 -- Shares of six Tata Group companies hit life-time highs on Thursday on news reports that Tata Sons, the holding company of the conglomerate, is considering an initial public offering... Read More


Promoters offloaded record $14 billion shares in 2023

Mumbai, Feb. 28 -- Family business promoters such as the Adanis and Anil Agarwal (Vedanta) as well as professional ones such as private-equity firms raked in the moolah big time by selling stakes in t... Read More


Promoters offload record $14 billion shares in 2023

Mumbai, Feb. 28 -- Family business promoters such as the Adanis and Anil Agarwal (Vedanta) as well as professional ones such as private-equity firms raked in the moolah big time by selling stakes in t... Read More


Eureka Forbes promoter to sell 22% stake for $254 million

Mumbai, Feb. 21 -- Lunolux Ltd, the promoter of Eureka Forbes Ltd, will sell a 22% stake in the household appliances maker for $254 million ( Rs.2,106 crore) through a block deal on Thursday, people w... Read More


Eureka Forbes promoter to sell 12% stake for $138.6 million

Mumbai, Feb. 21 -- Lunolux Ltd, the promoter of Eureka Forbes Ltd, will sell up to a 12% stake in the household appliances maker for $138.6 million ( Rs.1,148.7crore) through a block deal on Thursday,... Read More


LIC Q3 profit up 49% at Rs.9,444 cr, net premium income grows 4.6%

New Delhi, Feb. 8 -- The Life Insurance Corporation of India (LIC) saw a 49% year-on-year increase in net profit during the December quarter of FY2024, reaching Rs.9,444.4 crore compared to Rs.6,334.2... Read More


PSU banks surge on PM's pat

MUMBAI, Feb. 7 -- State-owned banks were among the 25 most actively traded counters on NSE on Wednesday after Prime Minister Narendra Modi commended the performance of public sector enterprises in his... Read More


Blackstone-backed Aadhar Housing Finance refiles papers for Rs.5,000 crore IPO

Mumbai, Feb. 2 -- Blackstone-backed Aadhar Housing Finance Ltd has refiled draft papers with the Securities and Exchange Board of India (Sebi) to raise up to Rs.5,000 crore through an initial public o... Read More