IPO pipeline for the remaining part of CY24 remains strong. 25 companies plan to raise nearly Rs 63,550 crore and have Sebi’s approval
Posts in category Business Standard
Delta Corp jumps after board OKs demerger of hospitality & real estate biz (25-09-2024)
Delta Corp rallied 6.77% to Rs 138 after the company’s board approved demerger of its hospitality and real estate business into a newly incorporated company named as Delta Penland (DPPL).
India’s growth prospects remain robust, says ADB (25-09-2024)
In its Asian Development Outlook (ADO) update of September, the ADB said Indias GDP growth is expected at 7.0% in fiscal year 2024 (FY2024, ending 31 March 2025) and 7.2% in FY2025, both as forecast in ADO April 2024. While GDP growth slowed to 6.7% year on year in the first quarter of FY2024, it is expected to accelerate in the coming quarters with improvement in agriculture and a largely robust outlook for industry and services, the report stated. Exports in FY2024 will be higher than earlier projected, led by larger services exports, particularly in IT and professional services. Growth in merchandise exports will be relatively muted in FY2024 and FY2025, though some segments, notably electronics, may experience faster growth, ADB noted. Private consumption is expected to improve, driven by rural consumption fueled by stronger agriculture and by already robust urban consumption. The outlook for private investment is upbeat, but growth in public capital expenditure, heretofore high,
Man Infraconstruction delivers ‘The Atmosphere O2’ project ahead of schedule (25-09-2024)
The Rs 1650 cr project comprises of three 47-storey residential towers and an 18-storey commercial tower in Mulund West, Mumbai
Delta Corp to demerge hospitality, real estate biz; share price gains 8% (25-09-2024)
Delta Corp’s board has approved the demerger of its hospitality and real estate business to Delta Penland Private Ltd (DPPL)
Mahindra Holidays assumes full management of Mysuru-based Golden Landmark Resort (25-09-2024)
Mahindra Holidays & Resorts India said that the company, via its flagship brand Club Mahindra, has assumed the complete management of the Club Mahindra Golden Landmark resort in Mysuru, Karnataka.
Subhash Ghai’s firm soars 18% in a day after pact with Zee; here’s why (25-09-2024)
Shares of Mukta Arts skyrocketed 18.2 per cent at Rs 95.70 per share intraday on the BSE
Metal stocks rise (25-09-2024)
Metal stocks were trading with gains, with the BSE Metal index increasing 330.54 points or 1% at 33405.38 at 09:47 IST.
Power shares gain (25-09-2024)
Power stocks were trading in the positive zone, with the BSE Power index rising 56.49 points or 0.65% at 8748.46 at 09:47 IST.
Utilties shares rise (25-09-2024)
Utilties stocks were trading with gains, with the BSE Utilities index rising 38.03 points or 0.56% at 6817.91 at 09:47 IST.