Category: Business

SME IPO: Fabric manufacturer, Shri Techtex closed its initial public offering (IPO) on July 28 with stellar demand from investors.The SME IPO has oversubscribed by 148.36 times driven by non-institutional … Read More

US chipmaker Advanced Micro Devices said on Friday it will invest nearly $400 million in India in the next five years and will build its largest design center in the … Read More

NBFC major, Piramal Enterprises on July 28 announced a buyback offer of up to Rs 1,750 crore while delivering its Q1 results for FY24.The record date for the buyback is … Read More

Leading FMCG player, Colgate Palmolive’s stock price touched a new 52-week high on Friday and gained by nearly 3% on BSE.Colgate stock is on a winning streak for the second … Read More

Billionaire Anil Agarwal-backed Vedanta is the highest-paying dividend stock in large-cap space with a dividend yield of a whopping 36.56%.This mining company has a strong track record of paying hefty … Read More

Offer for sale (OFS): Rail Vikas Nigam, a ‘Navratna’ CPSE in India, extended a bearish tone on Friday as retail investors bid in the offer for sale (OFS) through which … Read More

Grocery delivery app, Dunzo is cash-trapped however it has tried to restore the confidence of employees by promising them to pay interest of 12% per annum on the salary component … Read More

Adani Group-backed Adani Transmission is among the leading players in the power transmission sector in India.But now this firm has changed its name to Adani Energy Solutions with effect from … Read More

US economy has grown merrier-than-expected in the second quarter of 2023.The country’s gross domestic product (GDP) recorded a growth of 2.4% in Q2, which is higher than 2% from the … Read More

Yatharth Hospital and Trauma Care Services IPO: The public offer oversubscribed by 36.16 times on the last day of the subscription on July 28 driven by strong buying from qualified … Read More