SEBI Approves Four IPOs, SK Finance Issue Put on Hold
The Securities and Exchange Board of India (SEBI) has recently granted approval for the initial public offerings (IPOs) of four companies while placing the IPO of SK Finance on hold.…
FPIs Infuse Rs 7,900 Crore in July; YTD Inflow Tops Rs 1 Lakh Crore
The Indian equity market has witnessed a remarkable surge in Foreign Portfolio Investment (FPI) inflows, with a net investment of ₹7,900 crore in July 2024 alone, contributing to a total…
Shriram Life Insurance Unveils Comprehensive Deferred Annuity Plan
Shriram Life Insurance has recently launched a new Deferred Annuity Plan, designed to provide individuals with a robust retirement solution. This plan aims to offer a combination of savings and…
Sensex Surges Past 80,000: A Historic Milestone for Indian Markets
On July 4, 2024, the Indian stock market achieved a historic milestone with the BSE Sensex closing above the 80,000 mark for the first time ever, while the Nifty 50…
Indiabulls Housing Finance Rebrands as Sammaan Capital
Indiabulls Housing Finance Limited (IBHFL), a prominent player in the Indian housing finance sector, has undergone a significant transformation by rebranding itself as Sammaan Capital Limited. This change, effective from…
Patanjali Foods’ Strategic Move: Acquisition of Patanjali Ayurved’s Non-Food Business
In a significant development for the Indian FMCG sector, Patanjali Foods Limited has received an in-principle approval to evaluate the acquisition of the non-food business from its promoter group company,…
ITC’s Global Ambitions: Expanding FMCG Footprint Across Continents
Indian conglomerate ITC Ltd. is significantly ramping up its exports, expanding its FMCG (Fast Moving Consumer Goods) portfolio to over 70 countries and its agro-business reach to more than 85…
Paytm General Insurance Withdraws Registration Application
Paytm General Insurance Limited (PGIL), an associate entity of One97 Communications, has made a significant strategic shift by withdrawing its application for registration as a general insurance company with the…
Indian Stock Market Gets Boost as Foreign Investors Comeback
In June, foreign portfolio investors (FPIs) injected Rs 11,730 crore into Indian equities, a marked recovery from the preceding week’s net outflow of Rs 14,794 crore. This positive turn is…