News Overview

Dabur International Ltd and Dermoviva Skin Essentials Inc were discharged as defendants in federal litigation in the United States.

The project is commissioned by the National Hydroelectric Power Corporation (NHPC).

The stock saw a 10% increase after listing at an 8% premium

CNBC TV-18 report claims that the company intends to use QIP to raise Rs 600 crore, with a greenshoe option of Rs 200 crore. This will result in a QIP equity dilution of 8%.

For a maximum sum of Rs 17,000 crore, the IT company will buy back up to 40.96 million fully paid-up equity shares, each having a face value of Rs 1.

All three rating agencies saw rating revenue growth moderation in Q2FY24 after witnessing mid-teens growth in preceding quarters.

In the 14th edition of IIFL’s “Quirks of the Quarter” series, analysts explore eleven themes ranging from sectoral topics such as pricing actions, return of smaller players, festive mismatch, slowdown in pizza cuisine and company specific issues in ITC, Nestle, HUL, Jyothy Labs, Nykaa, Dabur and Go Fashion.

The business announced in an exchange filing that the new division is called Vedanta Copper International VCI business Limited.

Recent crisis at Siemens Energy finally triggered Siemens AG to pursue demerger and listing of the Energy vertical in India, which until now was retained as part of the listed entity despite global changes.

With 27% revenue CAGR over the past 13 years, Daikin has emerged as a leading player in RAC and VRF businesses.