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OnEMI Technology shares to list today. GMP signals at one of the strongest debuts in recent past
OnEMI Technology Solutions, the company behind Kissht, is poised for its stock market debut. Grey market trends suggest a strong listing, with shares expected to trade above the issue price. The IPO saw significant demand, particularly from institutional investors. Proceeds will bolster the company's NBFC subsidiary for future loan growth. Investors anticipate a successful debut for this fintech player.
RBI clears Kotak Mahindra Bank to buy up to 9.99% in Federal Bank
The Reserve Bank of India has approved Kotak Mahindra Bank to acquire up to 9.99% of Federal Bank's share capital. This move positions Kotak Mahindra Bank as a potentially significant institutional shareholder in the Kerala-based lender. Investors will now monitor future disclosures to track the progress of this strategic stake acquisition.
Vedanta dividend: How the mega demerger will impact payout for 21 lakh shareholders?
Vedanta's mega demerger has spun off four new companies, impacting dividend payouts for its 21 lakh shareholders. While the parent company is expected to remain dividend-paying, its absolute dividend per share will likely decline. Investors will now need to assess each demerged entity's cash flow and growth plans for future income.
Rs 1 lakh to Rs 14 crore in 24 years! Hindustan Zinc delivers 1,400x returns since Vedanta’s purchase
Hindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has grown to Rs 14 crore over 24 years. The company's operational and financial performance has seen significant growth. Brokerages remain positive on its future prospects.
Powering the future: Four ancillary stocks driving India’s energy infrastructure boom - Mint
Powering the future: Four ancillary stocks driving India’s energy infrastructure boomMint
Apple to invest Rs 100 crore in India renewable energy expansion
Apple is investing Rs 100 crore in India to boost green energy. The company is partnering to develop over 150 MW of renewable capacity. Initiatives also focus on reducing plastic pollution through recycling and supporting green startups. This expands Apple's commitment to India's environmental future and innovation.
Hindustan Zinc to evolve from silver, zinc to multiple critical minerals, says Chairperson Priya Agarwal Hebbar
Hindustan Zinc is transforming into a multi-metal and critical minerals platform, aiming to reduce India's import dependence. The company achieved record mined and refined zinc production in FY25-26, alongside significant silver output. This strategic shift, driven by operational discipline and cost efficiency, reinforces its position as a key contributor to India's self-sufficiency and future growth.
Garware Hi-Tech Films shares jump to 52-week high as Q4 results trigger 16% surge
Vice Chairperson and Joint Managing Director Monika Garware said the new Sun Control Film line will strengthen the company's future growth.
India’s grid bottleneck forces ReNew Energy to waste solar power, threatening profits
India's power grid struggles to handle excess solar energy. ReNew Energy Global Plc faces power curtailment, affecting earnings. The company is investing in battery storage to balance supply and demand. Rising costs from global events add to challenges. Future projects will focus more on solar power.
SRF shares jump 5% as Q4 profit rises 11%; Rs 2,300 crore Odisha capex announced
SRF shares climbed over 5% after the company reported a strong Q4 FY26 with net profit up 11% to Rs 582 crore, driven by steady revenue and operating gains. The company also announced a significant Rs 2,300 crore investment in a new plant in Odisha, signaling continued expansion and optimism for future growth.
Reliance Industries shares in focus as Mukesh Ambani eyes satellite foray to take on Starlink
Reliance Industries is evaluating a multi-billion-dollar entry into satellite communications, focusing on low Earth orbit networks under Jio Platforms. The initiative aims to strengthen India’s strategic capabilities amid rising global competition, with discussions underway on technology partnerships, orbital slots and potential acquisitions as the company explores long-term opportunities in future.
Kumar Birla back as Vodafone Idea’s non-exec Chair amid turnaround attempt
Kumar Mangalam Birla has returned as non-executive chairman of Vodafone Idea (Vi) to lead its turnaround. The company, bolstered by government relief and a $5 billion capital expenditure, aims to secure debt funding and achieve significant revenue and EBITDA growth. Birla expressed confidence in Vi's role in India's digital future.