News Overview

The Akme Fintrade IPO is valued at ₹132 Crore, consisting entirely of a fresh issue with no offer-for-sale component.

The MoU aligns with Hindustan Zinc's initiatives to explore potential zinc applications in the sustainable energy transition.

DEE Development Engineers has an operational capacity of 94,500 tonnes per annum and is adding another 9,000 tonnes at its Anjar facility.

The bank plans to include a special resolution for this potential fundraising in its upcoming Annual General Meeting (AGM) notice.

TCS plans to consolidate Xerox's technology services to improve business outcomes, migrate complex legacy data centres to the Azure public cloud.

Promoters Sunil Suresh and Shubha Sunil will each sell 1.18 million shares in the OFS portion of the IPO.

This agreement with Takeda marks a significant step for Sun Pharma in expanding its gastrointestinal treatment portfolio and providing innovative solutions for patients in India.

The block deal has a floor price of ₹331 per share, which is 7.1% lower than Thursday's closing price, according to sources.

The company plans to issue a total of 216.92 Crore shares as bonuses, increasing its equity share capital to ₹4,338.50 Crore.

While technology stocks led the gains, energy and FMCG sectors saw some declines.