This is the first bonus issue of Nestle India after the year 1996. File | Photo Credit: Reuters The board of FMCG maker Nestle India approved the issuance of bonus equity shares in the ratio of 1:1 to its existing shareholders on Thursday (June 26, 2025.) “The bonus equity share of face value of Re.1…
Photo used for representation purpose only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty began the trading session on an optimistic note on Friday (June 27, 2025) amid fresh foreign fund inflows and a rally in the U.S. markets. Rallying for the fourth day running, the 30-share BSE Sensex climbed 229.22 points to 83,985.09…
Image for representational purposes only. | Photo Credit: Getty Images The rupee rose 23 paise to 85.49 against the U.S. dollar in early trade on Friday (June 27, 2025), aided by strong FII inflows and positive sentiments in the domestic equity markets. However, a rise in global crude oil prices and a slightly stronger greenback…
In the domestic equity market, Sensex climbed 303.03 points to settle at 84,058.90, while Nifty rose 88.80 points to 25,637.80. File | Photo Credit: Reuters The rupee rose 24 paise to close at 85.48 (provisional) against the greenback on Friday (June 27, 2025) on the back of strong FII inflows and firm domestic equity markets. …
Foreign Institutional Investors bought equities worth ₹12,594.38 crore on June 26, 2025, according to exchange data. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty advanced for the fourth straight session on Friday (June 27, 2025), supported by buying in blue-chips ICICI Bank and Reliance Industries amid fresh foreign fund inflows. A strengthening…
Wakefit Innovations Limited, a D2C home and furnishings firm based in Bengaluru, has filed the draft red herring prospectus (DRHP) with the capital markets regulator SEBI to raise ₹468 crore through an initial public offering (IPO). According to the DRHP, the proposed IPO is a combination of a fresh issue of equity shares aggregating up…
File photo of Meesho logo. | Photo Credit: Reuters SoftBank-backed Meesho has received shareholders’ approval to raise up to ₹4,250 crore through an initial public offering, according to the company’s regulatory filing. The resolution for IPO was passed in the Extraordinary General Meeting on June 25, the filing by the e-commerce company said. …
A view of the Torrent Pharmaceuticals Research Centre. File | Photo Credit: torrentpharma.com Torrent Pharmaceuticals Ltd has entered into definitive agreements to acquire controlling stake in J. B. Chemicals and Pharmaceuticals from KKR at an Equity Valuation of ₹ 25,689 crore (on fully diluted basis), followed by a merger of the two entities. The transaction…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade on Monday (June 30, 2025) after a four-day rally amid emergence of profit-taking, mainly in bank stocks. The 30-share BSE Sensex slipped 182.77 points to 83,876.13 in early trade. The 50-share NSE…
Representational image of rupee notes at a currency exchange | Photo Credit: Reuters The rupee appreciated 6 paise to 85.44 against the U.S. dollar in early trade on Monday (June 30, 2025), supported by weakness of the American currency and easing crude oil prices amid rise in investor risk sentiments. Forex traders said the U.S….
