Latest News, Updates & Breaking Headlines
MUMBAI: Tata Capital’s Rs 15,511-crore IPO — Tata Group’s biggest-ever and the largest by any NBFC — will be open between Oct 6-8, with anchor bids on Oct 3. Priced at Rs 310–326 a share, the offer values the firm at Rs 1.32–1.38 lakh crore. Investors must bid for at least 46 shares.At the floor,…
The combined market valuation of India’s top-10 most valued companies shrank by Rs 2,99,661.36 crore last week, mirroring a bearish trend in equities, with IT bellwether Tata Consultancy Services (TCS) bearing the brunt.The BSE benchmark tanked 2,199.77 points or 2.66 per cent during the week, as investor sentiment was rattled by a series of domestic…
MUMBAI: Tata Capital will open its initial public offering (IPO) on Oct 6, according to a stock exchange filing on Friday. The three-day issue will close on Oct 8, with the anchor investor bidding scheduled for Oct 3. Although the issue pricing has not been announced, it is expected to be the largest IPO in…
The combined market valuation of seven of the top-10 most valued companies jumped by Rs 1,18,328.29 crore last week, with State Bank of India and Bharti Airtel emerging as the biggest gainers amid an optimistic trend in equities.During the week, the BSE benchmark advanced 721.53 points or 0.88 per cent, PTI reported.Among the winners were…
Netas, babus can’t hold AIFF posts: SC 15 eminent players to be part of football body’s general house with voting rightsNEW DELHI/PANAJI: Replicating the BCCI constitution framework it had approved in 2018, the Supreme Court on Friday gave final shape to the constitution of All India Football Federation (AIFF) which debars ministers and bureaucrats from…
Eternal Ltd, the parent company of Zomato and Blinkit, saw its market valuation soar to Rs 3.26 lakh crore on Thursday, vaulting past Hindustan Aeronautics, Titan, Avenue Supermarts and Adani Ports in the top 100 market capitalisation rankings.The company’s shares rose 2.96 per cent to close at Rs 337.90 on the BSE, touching a 52-week…
Eternal, formerly known as Zomato, has climbed further up the market-cap rankings, surpassing Tata Motors and Titan to reach a valuation of Rs 3.13 lakh crore. The company’s market capitalisation now stands above Tata Motors’ Rs 2.64 lakh crore and Titan’s Rs 3.12 lakh crore, putting it just short of Hindustan Aeronautics Ltd (HAL), which…
Google parent company Alphabet’s market value crossed $3 trillion for the first time on Monday as strong gains in its shares reflected renewed optimism over artificial intelligence and a favourable antitrust ruling, Reuters reported.Class A shares surged 4.6% to $251.88 while Class C climbed 4.5% to $252.30, both scaling record highs. Alphabet now joins Apple…
Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6-7.5 per cent, outpacing many mature global markets, according to a joint report released by CREDAI and ANAROCK Capital. The study, Indian REITs: A Gateway to Institutional Real Estate, was unveiled at CREDAI NATCON in Singapore, as reported by news agency ANI.Since the country’s…
