News Overview

The Committee of Directors of Indus Towers Limited for Fund raising in its meeting held on November 25, 2022, has, approved the offering of NCD's of total up to Rs1,500 crore.

The US stock market closed shortened lacklustre trade in mixed fashion on Friday, 25 November 2022. The lacklustre performance on Wall Street came as many traders remained away from their desks following yesterdays holiday. At the close of trade, the Dow Jones Industrial Average index advanced 152.97 points, or 0.45%, to 34,347.03 The S&P500 index was down 1.14 points, or 0.03%, to 4,026.12. The tech-heavy […]

Hero MotoCorp: Hero MotoCorp will make an upward revision in the ex-showroom prices of its motorcycles and scooters, effective from 1 December 2022. The price increase will be up to Rs 1500 and the exact quantum of increase will vary by specific models and markets. Indian Energy Exchange (IEX): The board of Indian Energy Exchange (IEX) on Friday, 25 November 2022, approved a share buyback […]

Dharmaj Crop Guard IPO of issue size Rs 251 crore is opening on November 28 and closing on November 30. The company will be selling its shares at the price band of Rs 216-237 apiece.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 83 points at the opening bell. Global markets: Overseas, Asian stocks are trading lower on Monday amid unrest in China over its continued zero-Covid policy. Fears about a Covid-led dent to Chinas economic growth weighed on sentiment in the worlds second-largest economy after demonstrators and police […]

Max Financial Services Limited (MFSL) will purchase Mitsui Sumitomo Company Limited (MSI)s balance 5.17% Max Life Insurance Company Limited (Max Life) stake at Rs 85 per share.

Last week, Indonesia hosted the world debut of the Toyota Innova Hycross. It is the first Innova vehicle to use a petrol-hybrid powertrain in place of the diesel engine

Godrej Properties aims to generate Rs 8,000 crore in sales revenue from its upcoming launch of a luxury housing project at Ashok Vihar in the national capital in the March quarter

Before that, the company will seek approval for a previous downward investment from One97 Communications Ltd (OCL) in PPSL to comply with FDI guidelines

ADB will subscribe to its Non-Convertible Debentures over 12 months, according to Wabag.