Eternal’s share price has risen over 2.75 per cent in the past month and more than 31 per cent over the last three months Eternal, the parent company of Zomato, on Tuesday hit a market capitalisation of around ₹3.16 trillion, surpassing the likes of Adani Ports, Oil and Natural Gas Corporation (ONGC), etc. The stock…
The Securities and Exchange Board of India (Sebi) is planning further relaxations to make the registration process easier for foreign portfolio investors (FPIs), including a common know-your-client (KYC) framework and smoother documentation through India Digital Signature. Over the past year, the market regulator has introduced several measures to ease FPI onboarding, including relaxations for…
This is the first buyback of shares announced by Infosys since 2022, when the company had agreed to a buyback proposal of Rs 9,300 crore. Infosys on September 11 announced that its board has approved a share buyback proposal worth Rs 18,000 crore, its largest ever. The buyback price has been set at Rs 1,800…
The IPO rules for very large firms have been eased, granting a timeline of up to 10 years to meet minimum public shareholding requirements. Minimum shareholding norm for large companies eased by Sebi Capital market regulator Sebi has relaxed the minimum public shareholding norms for big corporates going for an IPO, at the board…
PSU Bank stocks gained up to 2% in trade on Thursday; Nifty PSU Bank index hit an intra-day high of 7,142.25, and was 2.3 per cent away from its 52-week high of 7,304.80 touched on July 17, 2025. PSU Bank shares today Shares of public sector banks (PSBs) were trading higher for the second…
The IPO received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer, translating into 3.13 times subscription, as per NSE data. The initial public offer of app-based beauty and home services platform Urban Company Ltd got fully subscribed hours after opening for bidding on Wednesday (September 10, 2025) and later ended the day with…
Under the new framework, the per-transaction limit for categories aligned with tax payments and other high-value transactions has been raised to Rs 5 lakh, while the daily aggregate limit for most of these categories has been increased up to Rs 10 lakh, depending on the category. In a major move to facilitate high-value digital…
From April 2000-2025, India’s total overseas direct investment in Israel amounted to $443 mn, while Israel’s foreign direct investment in India reached $334.2 mn between April 2000 and March 2025 The investment treaty was signed between the Finance Minister Nirmala Sitharaman and her Israeli counterpart, Bezalel Smotrich. India and Israel on Monday signed a Bilateral…
Union Finance Minister Nirmala Sitharaman reiterated that the contribution of crude oil to India’s import bill is the highest and so India’s decision to buy oil will always be based on what suits its needs best. Union Finance Minister Nirmala Sitharaman on Friday made it clear that India will continue purchasing Russian oil, stressing…
The resolution has been considered as duly passed with the requisite majority, as mentioned in the postal ballot notice, a regulatory filing stated Adani Power on Friday (September 5, 2025) said it has received shareholders’ approval for a stock split in the ratio of 1:5 through a postal ballot notice issued on August 1,…