Oman India Joint Investment Fund’s arm on Monday sold shares of jewellery retail major Senco Gold for over Rs 75 crore through an open market transaction while ICICI Prudential Life Insurance picked up a stake in the company.
Posts in category Economic Times
Oman India Investment Fund sells shares worth Rs 75 cr in Senco Gold (23-09-2024)
Oman India Joint Investment Fund’s arm on Monday sold shares of jewellery retail major Senco Gold for over Rs 75 crore through an open market transaction while ICICI Prudential Life Insurance picked up a stake in the company.
SC refuses to interfere in Linde India’s valuation amid related-party transaction scrutiny (23-09-2024)
The Supreme Court refused to interfere with the valuation exercise being conducted on Linde India by an NSE-appointed valuer in connection with a related-party transactions case. The SAT had earlier dismissed the company’s plea against the valuation exercise.
Samvardhana Motherson raises Rs 6,438 cr via QIP (23-09-2024)
Auto components maker Samvardhana Motherson International on Monday said it has raised Rs 6,438 crore via issue of securities. The QIP issue garnered strong interest from both domestic and foreign institutional investors, leading to substantial demand over the issue size, it said in a regulatory filing.
Reliance Power board approves preferential issue worth Rs 1,525 crore (23-09-2024)
Reliance Power’s board has approved issuing up to 46.20 crore equity shares/warrants worth Rs 1,525 crore via preferential allotment at Rs 33 per share. The proceeds will be used for business expansion, debt reduction, and general corporate purposes. Promoter Reliance Infrastructure will enhance its stake by over Rs 600 crore.
S&P 500, Nasdaq open higher with focus on Fed speakers, data (23-09-2024)
The benchmark S&P 500 and the Nasdaq opened higher on Monday as investors shifted their focus to comments from Federal reserve policymakers and economic data lined up through the week, following the central bank’s decision to commence policy easing.
These 6 Sensex stocks hit a 52-week high and rallied up to 15% in a month (23-09-2024)
As Indian indices rallied on Monday, six stocks within the BSE Sensex reached their highest prices in the past year. Hitting a 52-week high is notable, as it indicates the peak price a stock has attained over the last 12 months, offering valuable insights for traders and investors.
Technical Breakout Stocks: Vodafone Idea, Adani Total Gas and SBFC Finance hit fresh record highs; what investors should do (23-09-2024)
In terms of sectors, buying activity was observed in oil and gas, realty, energy, auto, consumer durables, and utilities. However, IT stocks experienced declines during the day.
Sebi imposes Rs 1 cr fine on Anmol Ambani in Reliance Home Finance case (23-09-2024)
Markets regulator Sebi on Monday imposed a penalty of Rs 1 crore on Anmol Ambani, son of industrialist Anil Ambani, for his failure to exercise due diligence while approving general-purpose corporate loans in Reliance Home Finance matter.