Domestic equity benchmarks ended lower on Tuesday amid mixed global cues, with the Nifty50 index closing below 25,100. The market failed to hold onto the opening gains, reversing course in the early hours of trading and spending the rest of the day in negative territory. Leading the declines were shares in the auto, metal and pharma sectors. However, there were some bright spots, with shares in the realty, media and consumer durables sectors gaining ground.
Posts in category Business Standard
Senores Pharmaceuticals, Sagility India get Sebi’s go ahead to float IPOs (15-10-2024)
Senores Pharmaceuticals Ltd and Sagility India Ltd, a technology-enabled services provider in the healthcare services space, have received Sebi’s go ahead to float their Initial Public Offerings (IPOs), an update with the markets regulator showed on Tuesday.
On the other hand, the regulator has returned the rights issue document of The Bombay Dyeing and Manufacturing Company Ltd , the update showed.
The development from the Securities and Exchange Board of India (Sebi) came a year after the company submitted its draft papers in October 2022 to the regulator proposing to raise Rs 940 crore through the rights issue.
Both Senores Pharmaceuticals and Sagility had filed their respective draft documents in July seeking the regulator’s nod to launch IPOs. The regulator’s observation was issued on October 9, the update showed.
In Sebi’s parlance, obtaining its observations means go-ahead to launch the public issues.
As per the draft paper, Senores Pharmaceuticals’ IPO is a combination of
Capri Global Capital launches its Rooftop Solar Finance product (15-10-2024)
Capri Global Capital has launched its Rooftop Solar Finance product under the MSME Loans. The creditor will help individuals and businesses harness the power of solar energy for self-use, paving the way for a more sustainable future.
Hyundai Motor India IPO subscribed 18% (15-10-2024)
The offer received bids for 1.77 crore shares as against 9.97 crore shares on offer.
HDFC Life Q2 PAT rises 15% YoY to Rs 433 cr (15-10-2024)
HDFC Life Insurance Company’s standalone net profit jumped 14.91% to Rs 432.99 crore on 12.29% rise in net premium income to Rs 16,569.70 crore in Q2 FY25 over Q2 FY24.
Premium Capital Market & Investments reports standalone net profit of Rs 0.07 crore in the September 2024 quarter (15-10-2024)
Sales rise 1593.33% to Rs 2.54 crore
HDFC Asset Management Company consolidated net profit rises 32.09% in the September 2024 quarter (15-10-2024)
Sales rise 37.96% to Rs 887.21 crore
HDFC Life Insurance Company consolidated net profit rises 15.07% in the September 2024 quarter (15-10-2024)
Sales rise 12.28% to Rs 16613.72 crore
Teamo Productions HQ standalone net profit rises 435.71% in the September 2024 quarter (15-10-2024)
Sales rise 20.94% to Rs 145.55 crore
Sita Enterprises standalone net profit declines 83.33% in the September 2024 quarter (15-10-2024)
Sales decline 75.97% to Rs 0.31 crore