Biocon Chairperson and MD, Kiran Majumdar Shaw confirmed that she has IPO on her plate. And yes, she confirmed that Biocon is getting a USD 150 million investment from Goldman Sachs. Shaw confirmed that the pre-IPO investment is crucial for Biocon to reach the target of USD 1 billion in the next two years. Goldman …
Saregama India is embarking on an exciting new phase of growth with its recent majority acquisition of Pocket Aces Pictures Private Limited, a rapidly expanding digital entertainment company. Pocket Aces boasts a substantial and direct connection with more than 95 million digitally savvy, younger consumers through platforms like Instagram and YouTube. In this transaction, Saregama …
On this illustrious Thursday, Union Minister for Road Transport and Highways, Shri Nitin Gadkari, eloquently articulated India’s unwavering commitment to green initiatives within the construction sector, in alignment with the visionary goal set forth by Prime Minister Shri Narendra Modi to attain carbon neutrality by the year 2070. With the grandeur of New Delhi as …
On Thursday, the shares of Century Plyboards (India) closed at Rs 660.00, up by 3.09 per cent from its previous closing of Rs 640.20 on the BSE. Century Plyboards (India) is targeting Rs 12,000 crore turnover by 2031 from about Rs 3,600 crore in 2022-23. To achieve its Vision 2031, the company is implementing a …
Gensol Engineering Limited, a part of the Gensol group specializing in solar power plant EPC services has made a significant announcement regarding a new order received by the company. As detailed in the official report, Gensol EV Lease Private Limited, a subsidiary of Gensol Engineering, a company specializing in electric vehicle leasing solutions, has achieved …
C.E. Info Systems Limited, formerly known as MapmyIndia, has achieved a significant milestone by touching the remarkable price of Rs 2,000 per share today. This marks a remarkable journey, starting from its all-time low price of Rs 984, doubling its value, and now trading above Rs 2,000 per share. This achievement solidifies its position as …
Sapphire Foods India Ltd, one of the major Pizza Hut and KFC store operators in India, has submitted its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO. This comes after Devyani International, another KFC and Pizza Hut operator, floated its IPO last week on 4 August. A Close Look at the Company Sapphire …
Zee Entertainment published its Q3 earnings report on 2 January 2022. The company witnessed a 25% YoY decline in consolidated net profit as per the report. As a result, its consolidated PAT stood at Rs. 299 crores for the quarter ended 31 December 2021. During FY 2020-21, Zee Entertainment had posted a net profit of …
Over the last two days, 4 October 2021 and 5 October 2021, some massive transactions have gone down both in the NSE and the BSE. Some stock market heavyweights were also involved in these deals. Let’s take a glance at a few of these important deals. Reliance Mutual Fund Reliance Mutual Fund bought 20,00,000 shares …
The telecommunications sector in India has consistently proven to be one of the most dynamic and influential industries in the country’s market landscape. As of January 2023, India proudly holds the distinction of being the world’s second-largest telecommunications market, boasting a substantial subscriber base of 1,170.75 million. This remarkable growth reflects a robust expansion over …
