Posts in category Business Standard
Cipla to invest further Rs 26 cr in Achira Labs (15-05-2024)
The follow-on investment shall strengthen Cipla's partnership with Achira, enabling penetration into business domain of designing, developing and
manufacturing microfluidics based PoC immunoassay and molecular assay technologies.
Board of NCC appoints director (15-05-2024)
At meeting held on 01 July 2024
Lupin achieves ISO 14001 and ISO 45001 certification (15-05-2024)
For its manufacturing sites, R&D center and corporate office
Mahindra & Mahindra receives overwhelming response for XUV 3XO (15-05-2024)
Garners over 50,000 bookings within first hour
TVS Motor Company launches operations in Italy (15-05-2024)
TVS Motor Company has launched its operations in Italy. The company will introduce a selection of its advanced, high-quality thermic and electric scooters and motorcycles. TVS Motor, ranked as the world's fourth-largest two and three-wheeler manufacturer and third in market capitalization, already markets its products in 80 countries.
PennWhite enters into long term distribution agreement with KRAHN UK (15-05-2024)
For tapping silicone oils market in UK and Ireland
Sensex slips 118 pts, Nifty holds 22,200; TaMo slips 1.8% (15-05-2024)
Domestic stocks ended a touch lower today, snapping a 3-day winning streak. Investors grew jittery ahead of key US inflation data that could influence the Fed's rate decisions. Real estate and energy shares provided a lift, but FMCG and media shares fell. Foreign outflows persist, while domestic investors cherry-pick stocks. Uncertainty due to Fed rate decisions and continous foreign selling is causing investors to be cautious.
Investors subscribe Go Digit General Insurance IPO 36% on day 1 of bidding (15-05-2024)
The initial public offer of Go Digit General Insurance, a firm backed by Canada-based Fairfax Group, received 36 per cent subscription on the first day of bidding on Wednesday.
The initial share sale received bids for 1,88,86,890 shares against 5,28,69,677 shares on offer, as per NSE data.
The portion for Retail Individual Investors (RIIs) got subscribed 1.44 times and that of non-institutional investors received 34 per cent subscription.
Go Digit General Insurance has raised a little over Rs 1,176 crore from anchor investors.
The company's Rs 2,615-crore initial share sale will conclude on Friday. The price band for the offer has been fixed at Rs 258-272 per share.
Go Digit's proposed Initial Public Offer (IPO) has a fresh issuance of equity shares worth Rs 1,125 crore and an Offer-for-Sale (OFS) of 5.47 crore equity shares by promoter Go Digit Infoworks Services and existing shareholders worth Rs 1,490 crore. This takes the total IPO size to Rs 2,615 crore at the upper end of th
India’s Total Exports Up 6.88% On Year In April 2024, Imports Jump Around 13% (15-05-2024)
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Premco Global standalone net profit declines 59.93% in the March 2024 quarter (15-05-2024)
Sales decline 0.24% to Rs 16.56 crore