Nazara Technologies Limited has in the exchange filing that the board of the company has approved a preferential allotment of equity shares to raise up to Rs 510 crores. The company is proposing to issue 71,42,856 equity shares of face value of Rs. 4 each at a price of Rs. 714 per equity share. The …
To serve the most populous country in the world, Reliance Industries and NVIDIA have joined forces to create India’s own foundation large language model, which will be trained on the country’s numerous languages. Together, the businesses will create AI infrastructure that is over an order of magnitude more potent than the current fastest supercomputer in …
Indian frontline indices started the trading session with a strong performance, marching confidently towards a 52-week high on the bourses. Notably, the real estate, power, utilities, and capital goods sectors led the way as the top performers, each posting gains of over 1%. Meanwhile, BSE Healthcare and BSE Information Technology were the only sectors experiencing …
On Friday, the shares of Phoenix Mills closed at Rs 1841.00, up by 1.57% from its previous closing of Rs 1812.60 on the BSE. The Phoenix Mills (PML) has opened the gates to its second mall in Pune, ‘Phoenix Mall of the Millennium’. This sprawling retail destination spread across 16 acres and encompassing over 12 …
Exide Industries has invested Rs 100 crore by way of subscription in the equity share capital of its wholly owned subsidiary, ‘Exide Energy Solutions’ (EESL), on a rights basis. There is no change in the shareholding percentage of the company in EESL pursuant to such an acquisition. The company has made further investments by subscribing …
On Wednesday, the benchmark indices were trading lower with Sensex down around 424 points or 0.63% at 66,036 and the Nifty-50 down around 126 points or 0.65% at 19,607. About 1,801 shares have advanced, 1,404 declined, and 175 are unchanged on the BSE. Top gainers and losers On BSE Sensex Index are as follows: The …
The market experienced a record-breaking opening on Wednesday, as the BSE Sensex Index rose by 0.47%, reaching a level of 63,716, while the NSE Nifty-50 Index increased by 0.48%, reaching a level of 18,908.15. Today, shares of Surya Roshni surged 4.01% to Rs 927.60 per share from its previous closing of Rs 891.85. The stock …
In a recent bout of trading activity, Mangalore Refinery & Petrochemicals Ltd., a significant player in the Oil and Gas sector, showcases impressive resilience by achieving a remarkable surge of more than 7.17%. This surge strategically places the company just beyond a crucial breakout trendline within a notable “continuation pattern.” Mangalore Refinery & Petrochemicals Ltd …
Even as the details of the proposed merger of HPCL into ONGC are expected by the end of July, the broad contours of the deal are already out. The government of India holds 51.11% stake in HPCL and that stake will be hived off to ONGC. As is known, ONGC is India’s largest extraction company …
Power Mech Projects Limited, a prominent engineering and construction company that undertakes mega power projects, has made a significant announcement regarding orders received by the company. As detailed in the official report, Power Mech Projects Limited has been awarded two work orders from prominent players in their respective industries, namely Hindustan Zinc and Vedanta Limited. …
