Markets
Manufacturing
Spanish promoter ups stake in Kedaara-backed Mahindra CIE for $70 mn
Spain’s CIE Automotive has picked up an additional 5% stake in its auto components joint venture with Mahindra Group for ......
Markets
Sensex stages recovery but posts first weekly loss in over a month
Indian stocks rose more than 1 percent on Friday, recovering from two straight sessions of declines, led by gains in ......
Manufacturing
PE-backed Varroc Engineering's IPO covered 3.6 times on final day
Auto component manufacturer Varroc Engineering Ltd’s maiden public offering drew to a strong close on Thursday thanks to bids from ......
Markets
Sensex closes in the red again as financials drag
Indian shares fell for a second straight day on Thursday as investors turned cautious on the expiry of derivatives contracts, ......
Finance
Why rupee's drop below 69 to a dollar for first time will hurt India
On Thursday, the Indian rupee breached the psychologically significant mark of 69 to a US dollar for the first time ......
Real Estate
Real estate developer Puranik Builders files for $145 mn IPO
Thane-based real estate developer Puranik Builders Ltd has filed its draft prospectus with Securities and Exchange Board......
Manufacturing
PE-backed Varroc Engineering's IPO fully subscribed on second day
The initial public offering (IPO) of auto components maker Varroc Engineering Ltd was fully subscribed on the second day on ......
TMT
SEBI orders firm with links to Nahata, Ambani to make open offer for NDTV
The Securities and Exchange Board of India (SEBI) has ordered a little-known company with links to businessman Mahendra Nahata and ......
Markets
Sensex, Nifty slide to three-week closing lows
Indian shares fell on Wednesday to a three-week closing low, as investors turned cautious a day before the expiry of ......
Markets
Sensex little changed as HDFC and TCS offset RIL's losses
Indian shares closed little changed on Tuesday amid weak global cues as gains in index heavyweights such as Housing Development ......