Shares of Puravankara rose nearly 4% to ₹218 following the acquisition of redevelopment rights for three societies in Goregaon West, Mumbai, with a project potential of 1.05 million sq. ft. and a GDV of ₹2,600 crore, strengthening its market position. Shares of real estate developer Puravankara closed nearly 4% higher in Thursday’s trade on 17…
India’s appeal to global fund managers is weakening amid muted corporate earnings and the lack of a major AI investment theme, pushing foreign ownership of NSE-listed companies to a 17-year low When Reed Capital Partners, a multifamily office, wanted to trim its equity exposure about a month ago, it chose to entirely exit its…
Hindustan Copper, Hindustan Zinc, GMDC, and Vedanta are among the key metal stocks poised to benefit from India’s critical minerals drive. As demand for EVs and renewables rises, these companies are strategically positioned in the market. Hindustan Copper, Hindustan Zinc, Gujarat Mineral Development Corporation Limited, and Vedanta are among the top metal companies that may…
The new UPI MDR framework is set to create a sizeable revenue opportunity for payment companies, with Goldman Sachs and Jefferies assessing significant gains for Paytm and other players. While the 40-bps MDR applies to eligible P2M transactions above ₹2,000, exemptions and lower rates for specific categories will determine the actual impact. The new Merchant…
Strong investor interest in mid-cap and small-cap funds lifted equity mutual fund inflows nearly 19 per cent from July, even as overall mutual fund inflows fell sharply Equity mutual fund schemes attracted Rs 29,329 crore in August, registering their highest net inflow in four months, as investors continued to favour mid- and small-cap funds despite…
Brent Crude oil last traded above the $100 mark on May 25, 2026, before Wednesday; since then select stocks from the Nifty Oil & Gas index soared up to 82%, while two declined over 10%, shows data. Brent Crude oil futures topped the $100 per barrel mark on Wednesday, after a gap of more than…
Centre’s coal gasification scheme receives seven applications in its first bidding round, with four projects targeting urea production and others focused on syngas and DRI The Centre’s Rs 37,500-crore scheme to promote coal and lignite gasification has received seven applications in its first bidding round, with Adani Enterprises submitting bids for three projects aimed…
About 98% of the procurements will be made from the Indian industry In a major push for military modernisation, the Defence Ministry on Monday cleared acquisition proposals worth about Rs 1.10 lakh crore for the Army, Navy, and Air Force. The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, accorded Acceptance of Necessity…
Market sources indicated that listing is likely this month and RHP filing and price band announcement may be made next week. SEBI clears NSE IPO, observation letter issued; listing likely this month The much awaited NSE listing is now in sight. The market regulator Securities and Exchange Board of India (SEBI) has cleared…
ESDS Software is expected to outpace Priority Jewels in terms of listing gains even though both offers garnered bids of over 100 times. Shares of ESDS Software and Priority Jewels are set for their stock market debuts on Friday, September 4, eyeing up to 51 per cent listing gains based on the current grey market…