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Spanish promoter ups stake in Kedaara-backed Mahindra CIE for $70 mn

Manufacturing

29 June, 2018

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 ......

Sensex stages recovery but posts first weekly loss in over a month

Markets

29 June, 2018

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 ......

PE-backed Varroc Engineering's IPO covered 3.6 times on final day

Manufacturing

28 June, 2018

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 ......

Sensex closes in the red again as financials drag

Markets

28 June, 2018

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, ......

Why rupee's drop below 69 to a dollar for first time will hurt India

Finance

28 June, 2018

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 developer Puranik Builders files for $145 mn IPO

Real Estate

27 June, 2018

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......

PE-backed Varroc Engineering's IPO fully subscribed on second day

Manufacturing

27 June, 2018

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 ......

SEBI orders firm with links to Nahata, Ambani to make open offer for NDTV

TMT

27 June, 2018

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 ......

Sensex, Nifty slide to three-week closing lows

Markets

27 June, 2018

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 ......

Sensex little changed as HDFC and TCS offset RIL's losses

Markets

26 June, 2018

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 ......

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