News Overview

22% of the amount designated for non-institutional investors (NII) was subscribed, whilst 67% of portion designated for QIBs had received bids.

The BSE midcap index registered a rise of 0.5%, while the smallcap index saw a gain of 1%.

Rajiv Jain's GQG Partners, which had invested almost ₹1,350 Crore in Vi's anchor book, continued to back the FPO on Monday.

On April 19, Inox Wind secured an order for 210 MW of wind turbine generators (WTGs) from Hero Future Energies (HFE), including post-commissioning multi-year operations and maintenance services.

Revenue stood at ₹240,715 Crore, marking an 11.30% increase over the previous year.

BGR Energy Systems owed financial institutions a total of ₹3,758 Crore in outstanding debt, of which ₹1,400 Crore and ₹2,358 Crore were fund-based

The company reported that net profit for the quarter ended March 31 increased to ₹21,243 Crore, surpassing analyst projections,

According to M&M Finance's estimation, the fraud's financial impact is not expected to surpass ₹150 Crore.

Reliance Jio Infocomm, a leading telecom provider, announced a 13% year-on-year increase in standalone net profit to ₹5,337 Crore for the quarter ended March 31, 2024.

According to IQVIA MAT data, Mirabegron extended-release tablets (USP 25mg and 50mg) had yearly sales of USD 2.42 billion in the United States.