MUMBAI: Foreign investors, who earlier this week had turned net buyers of Indian stocks after nearly two months, sold aggressively on Thursday to pull the sensex down by 1,190 points to 79,044. Except for SBI that closed marginally higher, all 30 sensex constituents closed in the red. The day’s selling left investors poorer by Rs…
NEW DELHI: Integrated diagnostic chain Suraksha Diagnostic Ltd on Thursday said it has mobilised Rs 254 crore from anchor investors, a day before opening of its initial share-sale for public subscription. The top anchor investors in the IPO included Nippon India Mutual Fund, Kotak MF, Aditya Birla Sun Life MF, Quant MF and Carnelian Bharat…
NEW DELHI: Waaree Renewable Technologies on Wednesday said it has secured an order worth Rs 1,233.47 crore to set up a ground-mount solar PV project of 2,012.47 MWp DC capacity. The order is awarded by a domestic company engaged in the development and implementation of renewable energy projects, a BSE filing said. According to the…
BENGALURU: Audio series platform startup Pocket FM on Wednesday reported nearly a 6x rise in revenues to Rs 1,051.97 crore in the financial year ended March 2024, from Rs 176.36 crore a year ago. The company also narrowed its global losses by 21%, from Rs 208 crore to Rs 165 crore in the latest period,…
NEW DELHI: Centre has allocated 1,116 crore for landslide mitigation in 15 states in a decision taken on Tuesday by a high-level committee headed by home minister Amit Shah. The beneficiary states include the eight in the northeast, besides Uttarakhand, Himachal Pradesh, Tamil Nadu, Kerala, Maharashtra and West Bengal. The funds will be released from…
Priyansh Arya and Yuvraj Singh NEW DELHI: Some time during the Delhi Premier League, former India cricketer Nikhil Chopra was playing a round of golf with Yuvraj Singh. Chopra informed Yuvraj about a boy named Priyansh Arya who had recently hit six sixes in an over during the T20 tournament. Yuvraj, who is famous for…
NEW DELHI: Direct seller Amway India Enterprises has reported widening of net loss to Rs 52.78 crore, while revenue from operations, stood at Rs 1,283.75 crore in FY’24. Its total income, which includes other income, was marginally up 0.7 per cent to Rs 1,293.97 crore for the financial year ended March 31, 2024, according to…
NEW DELHI: In a reprieve for financially-crippled Vodafone Idea and the broader telecom industry, the Union Cabinet on Monday eliminated the need to submit hefty bank guarantees towards past spectrum purchases, with the relief expected in excess of Rs 30,000 crore for the various players.While a substantial part of the benefit will flow in for…
NEW DELHI: Vaibhav Suryavanshi has etched his name in IPL history by becoming the youngest crorepati in the league’s history. The promising young talent was sold to Rajasthan Royals for a staggering Rs 1.1 crore from his base price of Rs 30 Lakh at the IPL 2025 auction.RR made the first move for Vaibhav, followed…
HYDERABAD: Amber-Resojet, a 50:50 joint venture between Delhi NCR-based air conditioning solutions provider Amber Enterprises and Hyderabad-based Resolute Group, is investing Rs 250 crore in setting up manufacturing facilities in the state.The investment will be made in setting up capacities for developing fully automatic top-load and front-load washing machines along with their components as part…