Market News
Stay updated with the latest market trends, earnings, and economic indicators.
SBI Mutual Fund IPO Review: A Complete DRHP Analysis - Groww
SBI Mutual Fund IPO Review: A Complete DRHP AnalysisGroww
Nifty IT index up 3%; Infosys, Tech Mahindra, LTM, Persistent gain 4%
In the past four trading days, IT index outperformed the market by soaring 9 per cent, as against a 2 per cent gain in the Nifty 50.
Vatika Hotels refinance Rs 550 crore debt with Kotak
Vatika Hotels has refinanced Rs 550 crore debt with Kotak Mahindra Bank. This move marks the exit of India Special Assets Fund III from the company. The hotel owner experienced financial stress during the Covid-19 pandemic. Vatika Hotels' debt has significantly declined after restructuring and equity infusion. The company now holds a BBB investment-grade rating, reflecting improved financial health.
Sensex Today Trades Higher | Nifty Above 24,450 | Infosys & Tech Mahindra Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,450 | Infosys & Tech Mahindra Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 24,450 | Infosys & Tech Mahindra Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,450 | Infosys & Tech Mahindra Top GainersEquitymaster
Sensex rises over 150 points, Nifty above 24,450 as market extends gains for the 5th consecutive day
Indian stock markets traded higher on Tuesday, extending gains for a fifth consecutive session. Oil prices remained near pre-war levels, and foreign investors continued their buying trend. Sensex and Nifty both saw upward movement, with broader markets also participating in the rally. Certain sectors like IT advanced, while others experienced declines. Experts anticipate an uptrend supported by economic fundamentals and favorable interest rates.
Sensex rises over 150 points, Nifty above 24,450 as market extends gains for the 5th consecutive day - The Economic Times
Sensex rises over 150 points, Nifty above 24,450 as market extends gains for the 5th consecutive dayThe Economic Times
Kotak AMC, executives seek settlement in Essel Group debt dispute
The case dates back to the 2019 Essel liquidity crisis, when a sharp fall in Zee Entertainment's share price triggered margin calls on pledged shares securing debt held by six Kotak fixed maturity plans (FMPs). The case relates to Kotak Mutual Fund's six close-ended debt schemes (FMPs), which had invested in zero coupon non-convertible debentures (NCDs) issued by Konti Infrapower & Multiventures and Edison Utility Works, part of the Essel Group, the promoter group of Zee Entertainment Enterprises.
Kotak AMC, executives seek settlement in Essel Group debt dispute
The case dates back to the 2019 Essel liquidity crisis, when a sharp fall in Zee Entertainment's share price triggered margin calls on pledged shares securing debt held by six Kotak fixed maturity plans (FMPs). The case relates to Kotak Mutual Fund's six close-ended debt schemes (FMPs), which had invested in zero coupon non-convertible debentures (NCDs) issued by Konti Infrapower & Multiventures and Edison Utility Works, part of the Essel Group, the promoter group of Zee Entertainment Enterprises.
Yotta raises $150 million at $3.9 billion valuation to fund AI infrastructure expansion
Yotta Data Services secured $150 million from investors for business expansion. The company plans to significantly increase its AI cloud capacity soon. This expansion aims to position Yotta among global AI compute leaders. They are also enhancing sovereign cloud and managed services offerings. Yotta seeks to establish India as an AI infrastructure producer.
Rentomojo gets SEBI nod for IPO; to raise ₹150 crore via fresh issue
The OFS will see existing shareholders, including Accel India IV (Mauritius), Edelweiss Discovery Fund, ValueQuest S.C.A.L.E. Fund, Madison India Opportunities, Chiratae Ventures, GMO VenturePartners and promoter Geetansh Bamania, pare their stakes.
Kotak Mahindra Bank Announces Record Date For Final Dividend — Check Details
Kotak Mahindra Bank sets record date for dividend.