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China's Fosun-owned Gland Pharma gets Sebi nod for proposed Rs.6,000 cr IPO

MUMBAI, Oct. 22 -- Gland Pharma Ltd, which is majority owned by China's Fosun group, has received the Securities and Exchange Board of India's (Sebi) approval to go ahead with its proposed Rs.6,000 cr... Read More


Jet Airways up 5% as lenders approve resolution plan

New Delhi, Oct. 19 -- Shares of Jet Airways India Ltd hit the 5% upper circuit for the eight consecutive session on Monday after the lenders approved the resolution plan submitted by UK-based Kalrock ... Read More


Infosys hits Rs.5 trillion in market cap

MUMBAI, Oct. 15 -- Infosys Ltd on Thursday became the fifth Indian firm to cross Rs.5 trillion in market capitalisation, with the stock having rallied nearly 61% so far this year. It is the second IT ... Read More


Bond prices rally as RBI to double OMO purchase size

MUMBAI, Oct. 9 -- India government bond prices rallied on Friday after the Reserve Bank of India (RBI said it will double the purchase size under its open market operations and also use the tool for s... Read More


TCS surges 5% on roubust earnings

MUMBAI, Oct. 8 -- Shares of Tata Consultancy Services Ltd surged 5% on Thursday as brokerage firms raised their target price for the stock after the IT major reported better-than-expected earnings for... Read More


Market cap of BSE-listed companies hits record high of Rs.161 trillion

MUMBAI, Oct. 8 -- The market capitalisation of listed firms on the BSE touched a record high of Rs.161 trillion on Thursday, amid an increase in economic activity reflecting easing of lockdown curbs a... Read More


TCS tops Rs.10 trillion market cap first time

New Delhi, Oct. 5 -- Tata Consultancy Services Ltd's (TCS) market capitalization surged past the Rs.10 trillion mark for the first time on Monday, becoming the second Indian firm after Reliance Indust... Read More


Max group promoters sell healthcare, financial services biz shares worth Rs 284 cr

Mumbai, Sept. 28 -- Max Ventures Investment Holdings Pvt Ltd, a promoter entity of Analjit Singh, on Monday sold 16.71 million shares in Max Healthcare Institute Ltd worth Rs.182 crore via block deal.... Read More


SP group cos surge after it announces separation from Tata group

MUMBAI, Sept. 23 -- Shapoorji Pallonji Group companies, Sterling & Wilson Solar Ltd and Forbes & Co Ltd on Wednesday surged after the group unexpectedly said it will end its seven decades-long partner... Read More


HCL Tech enters list of top 10 most valuable publicly traded firms in India

New Delhi, Sept. 17 -- HCL Technologies Ltd on Thursday replaced ITC Ltd, India's largest cigarette maker, to become the nation's 10th most valued firm by market capitalisation on BSE. According to B... Read More