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Zee Entertainment To Raise Up To Rs 3,144 Crore From Promoter Group Entity Via Warrants
The board on Wednesday approved preferential allotment of up to 24.95 crore warrants to Sunbright Mauritius at an issue price of Rs 126 per warrant.
Stock Market Today: Sensex Jumps 579 Points, Nifty Closes at 24,176 as IT Stocks Rally - APAC Media
Stock Market Today: Sensex Jumps 579 Points, Nifty Closes at 24,176 as IT Stocks RallyAPAC Media
PM Modi, Japan PM Takaichi jointly inaugurate Maruti Suzuki's Kharkhoda plant
Prime Minister Modi and his Japanese counterpart inaugurated Maruti Suzuki's expansive new manufacturing facility in Haryana, a significant investment bolstering India's automotive sector. This advanced plant, built with Industry 5.0 technologies and a focus on sustainability, marks a key step in the 'Make in India, Make for the World' initiative. The inauguration occurred during the India-Japan Economic Forum, highlighting deepening bilateral cooperation.
Coal India's SECL strengthens monsoon measures for uninterrupted supply
SECL, a Coal India subsidiary, has implemented robust monsoon preparedness to ensure uninterrupted coal supplies crucial for India's energy security. The company achieved its best-ever first-quarter performance in production and offtake, with a significant portion directed to power utilities. SECL's extensive operations across Chhattisgarh and Madhya Pradesh underscore its vital role in meeting national energy demands.
NBCC awards Rs 955 crore contracts in Q1; signs MoU for AP Bhawan project
NBCC has secured new construction contracts totaling Rs 955.13 crore in the first quarter of FY27. Key projects include the Central University of Kashmir's campus and an integrated township in West Bengal. Additionally, the company will build a new Andhra Pradesh Bhawan in New Delhi, marking significant project wins for the state-owned enterprise.
IBM to set up one of India's first quantum computers in Amaravati by September 2026
Amaravati is set to become a major hub for quantum computing in India, with IBM announcing plans to install one of its advanced quantum systems there by September 2026. This move, driven by India's strong talent pool, aims to unlock significant commercial advantages across various sectors. The initiative aligns with Andhra Pradesh's vision to establish itself as a leading quantum technology center, fostering research and innovation.
Tips Music Ltd spurts 3.43%
Tips Music Ltd is quoting at Rs 680.5, up 3.43% on the day as on 12:49 IST on the NSE. The stock is up 2.67% in last one year as compared to a 5.02% drop in NIFTY and a 13.68% drop in the Nifty Media index.
'Absolute Shame': Capgemini Faces Massive Backlash As Toddler Abuse Video At Daycare Goes Viral
The company is facing a wave of anger online, with users expressing shock, disbelief. Social media users have also demands strict action.
FirstCry-promoted Swara Baby Products files draft papers for ₹1,000-cr IPO
Swara Baby Products, a contract manufacturer of baby diapers, adult diapers and feminine hygiene products backed by FirstCry, on Thursday filed draft papers with markets regulator Sebi to raise Rs 1,000 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 500 crore and an offer for sale (OFS) valued at Rs 500 crore by promoters, according to the draft red herring prospectus (DRHP). The OFS includes sale of shares worth up to Rs 300 crore by Brainbees Solutions Ltd, the parent company of FirstCry, and up to Rs 200 crore by Anadya Bon Merchari LLP. The company proposes to utilise the net proceeds from the fresh issue to set up a new manufacturing facility in Madhya Pradesh with an allocation of Rs 198.2 crore, repay or prepay loans amounting to Rs 100 crore, and invest Rs 27.5 crore in subsidiaries Solis Hygiene, Swara Hygiene and K.A. Enterprises Hygiene Pvt Ltd (KAEHPL) for repayment of their outstanding ...
India's Q1 Exports To Grow 15%, Says Piyush Goyal; Says US Trade Deal Nears Finish Line
Speaking at the NDTV Indo-Japan Strategic Dialogue, Goyal said he does not foresee any major hurdles in concluding the US trade agreement despite recent legal and policy developments in Washington.
Zee Entertainment Shares Slip 4% After Clarification On Rs 418 Crore FDI
Zee Entertainment share price dropped as much as 4.42%.
Zee Entertainment shares gain 3% after board approves raising ₹3,144 cr via preferential warrants issue
The board of Zee Entertainment has approved the issuance of up to 24.95 crore fully convertible warrants to Sunbright Mauritius Investments at an issue price of ₹126 apiece, taking the total fund raise to ₹3,143.52 crore.