Posts in category Business Standard
Private equity, venture capital investments dropped to $3.4 bn in October (21-11-2023)
Investments by Private Equity and Venture Capital (PE/VC)funds have declined to USD 3.4 billion for October, a report said on Tuesday.
By value, the bets were 3 per cent lower than USD 3.5 billion in the year-ago period, and 19 per cent lower than USD 4.2 billion in September, the report by industry lobby grouping IVCA and EY, a consultancy, said.
The number of deals or volumes was also lower at 70 transactions in October as against 80 in the year-ago period and 83 in a month earlier, the report said.
"Although the Indian consumption story continues to remain strong, the increase in uncertainty on account of global factors and impending state and central elections in India seem to be slowing down progress in deal pipeline activity," the consultancy firm's partner Vivek Soni said.
Stating that he has a "cautiously optimistic" outlook, Soni said PE/VC investments are still lacking momentum, especially in the startup space.
October witnessed nine large deals totalling USD 2.4 billion
DCX Systems hits new high; stock zooms 27% in 1 week on fund raising plan (21-11-2023)
DCX Systems has bounced 162 per cent from its 52-week low level of Rs 138.90 touched on March 28
Govt bonds may see $25 bn in inflows if included in Bloomberg indices: DBS (21-11-2023)
But bond yields may not rise if the inclusion is deferred as the market has not rallied in anticipation, Karyatt added
Tata Technologies IPO: Details of public offer opening on November 22 (21-11-2023)
The Tata Technologies IPO will be open for bidding from November 22, and will conclude November 24
Vascon Engineers zooms 8% on Rs 357 cr order win; up 240% so far in FY24 (21-11-2023)
The company received a Letter of Intent worth Rs 356.78 crore from Municipal Secretary's Department of Pimpri-Chinchwad for construction of General Hospital Building in Pune.
Titagarh Rail up 12%, hits record high on pact with ABB for metro projects (21-11-2023)
Titagarh Rail said the partnership, aligned with the Indian government's "Make in India" and "Atmanirbhar Bharat" (self-reliant India) initiatives, has already had an early success
Prataap Snacks zooms 30% in two days as GDN Investments buys 1% stake (21-11-2023)
On Monday, as many as 1.61 million shares representing 6.8 per cent of total equity of Prataap Snacks changed hands on the NSE, the exchange data shows.
Stocks to Watch: Bharti Airtel, Concor, IGL, IRCTC, ABB, Titagarh, Vascon (21-11-2023)
Stocks to Watch on November 21, 2023: Concor has partnered with Indraprastha Gas to set up LNG/LCNG infrastructure within its terminals
Stock Market Live: Sensex up 300 pts; Adani Ent jumps 3%, insurers gain (21-11-2023)
Stock market Update LIVE, Tuesday November 21: In the broader indices, the BSE MidCap and SmallCap were up 0.4 per cent each.
Gold price dips Rs 50 to Rs 61,640, silver unchanged at Rs Rs 76,000 (21-11-2023)
The price of 22-carat gold slipped Rs 50, with the yellow metal selling at Rs 56,500