News Overview

It intends to generate Rs 601.20 crore through an initial public offering (IPO), which will consist entirely of an offer to sell up to 1.80 crore equity shares.

Some major companies are underperforming in Sensex, with Tata Motors, Reliance Industries, ITC, Tech Mahindra, Maruti Suzuki, and Infosys experiencing losses.

The bank is attempting to reduce its retail loan portfolio in response to increased regulatory pressure in the banking industry.

Vilas Pawar, CEO of Managed & Franchise Business at Lemon Tree Hotels, expressed excitement about the company’s eighth property in Ayodhya.

In addition, August's average daily price is less than July's, when the DAM price was about ₹ 5 per unit.

Global corporations are showing a lot of interest in Aerocity, and flexible workspace providers are pre-purchasing space to meet demand.

The merger is now anticipated to be completed by the end of 2024, while compliance with Indian rules is still a must.

According to data from the end of the June quarter, the promoter and promoter group businesses controlled 70.50% of Welspun Living.

The agreement allows RVNL and Patel Engineering to collaborate on specific hydro and infrastructure projects as opportunities arise.

The acquisition, valued at approximately ₹2,048 Crore, is part of Zomato’s strategy to expand its going-out business and introduce new services.