Market News
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Kedarnath Landslide: Route Blocked, Over 10,000 Pilgrims Rescued Overnight
Officials have urged devotees to stay updated through verified sources before proceeding.
Zydus Lifesciences' Rs 1,100 crore share buyback at 13% premium: Check record date, other details
Zydus Lifesciences is launching its largest share buyback program to date. The company plans to repurchase shares worth Rs 1,100 crore. This move offers shareholders a premium price. The record date for eligibility is May 29. The buyback will be conducted through a tender route. This follows previous successful buyback initiatives by the company.
A Rs 2,193 crore rail push: Govt greenlights Katra safety, Howrah-Delhi capacity and Chennai suburban boost
Indian Railways has greenlit three significant infrastructure projects totaling Rs 2,193 crore. These projects will boost safety on the Jammu-Shri Mata Vaishno Devi Katra route. Capacity will be expanded on the busy Howrah-Delhi corridor. The Chennai suburban network will also see decongestion. These upgrades promise improved train punctuality and operational flexibility across key Indian rail lines.
As IPO momentum fades, VCs embrace partial exits and M&A
Venture capital investors are stepping back from IPOs as the primary exit route, turning instead to secondary transactions, founder buybacks and M&A as public market conditions worsen.
Paramotor Digital Technology Files Confidential Draft Papers With SEBI For IPO
The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.
Marshall Islands-flagged LPG tanker Symi arrives at Kandla Port after crossing Strait of Hormuz
The arrival of the LPG shipment comes amid heightened international attention on maritime traffic through the Strait of Hormuz, a critical global energy transit route connecting the Persian Gulf with international shipping lanes.
Marshall Islands-flagged LPG tanker Symi arrives at Kandla Port after crossing Strait of Hormuz
The arrival of the LPG shipment comes amid heightened international attention on maritime traffic through the Strait of Hormuz, a critical global energy transit route connecting the Persian Gulf with international shipping lanes.
Buyback alert! Welspun Living announces Rs 252-crore share buyback at 30% premium. Check details
Welspun Living announced a Rs 252 crore share buyback through the tender route at a 30% premium to the previous closing price, boosting investor sentiment despite weak Q4FY26 earnings. The company reported declines in profit, revenue and EBITDA during the March quarter, while the stock gained following the buyback announcement.
TVS Group eyes stake in Jana Small Finance Bank through preferential route: Exclusive
CNBC-TV18 had first reported on May 6 in its D-Street Chatter segment that Jana Small Finance Bank was evaluating a potential capital raise. CNBC-TV18 has reached out to both Jana Small Finance Bank and the TVS Group for a comment. While Jana SF did not offer any comment on the story and TVS Group's response is awaited.
India working on subsea gas pipeline project: Oman route plan to help mitigate risks brought to fore by Hormuz Strait block
India is fast-tracking a deep-sea gas pipeline from Oman. This project aims to ensure steady gas supplies and reduce reliance on volatile LNG markets. The estimated ₹40,000 crore pipeline will connect Oman to Gujarat. It is expected to take five to seven years to build. This move addresses India's energy security concerns and its vulnerability to maritime choke points.
Air India breaks silence on rumours of cancelling all international flights till July
Air India has refuted claims of cancelling all international flights due to fuel shortages. The airline is temporarily reducing some overseas operations. This adjustment follows reports linking route cuts to soaring jet fuel prices and longer flight paths due to airspace issues. These factors are impacting profitability on certain international routes.
Sebi proposes green-channel route to speed up AIF scheme launches
Sebi has proposed easing filing norms and reducing timelines for alternative investment fund scheme launches under a green-channel mechanism