investment

New Delhi, March 24 Amid ongoing scrutiny over its agreement with the Uttar Pradesh government, Puch AI co-founder Siddharth Bhatia issued a detailed clarification on Tuesday, stating that the Memorandum of Understanding (MoU) signed with the state does not involve any public funds and is...

New Delhi, March 24 Jindal Stainless announced on Tuesday the commissioning of a 1.2 million tonnes stainless steel melting shop (SMS) in Indonesia, as part of its ongoing ₹5,700 crore expansion plan.With this development, the company said its annual melting capacity has increased to 4.2...

New Delhi, March 24 The initial public offering of Central Mine Planning & Design Institute Ltd, a subsidiary of state-owned Coal India, was fully subscribed on the final day of bidding on Tuesday.The IPO, worth Rs 1,842 crore, received bids for 8,37,16,560 shares, against 7,97,89,500 shares...

Sai Parenteral’s IPO Receives 4% Subscription on First Day New Delhi, March 24 – The initial public offering (IPO) of Sai Parenteral’s Ltd, a diversified pharmaceutical formulation company, received a 4% subscription on Tuesday, the first day of bidding.Initial Bidding Figures According to...

GSP Crop Science Shares Debut with Over 11% Premium GSP Crop Science Ltd shares closed with a premium of over 11 per cent against an issue price of Rs 320 on Tuesday.Trading Performance The stock commenced trading at Rs 332.30 on the BSE, reflecting a 3.84 per cent increase from the issue...

Sensex, Nifty Surge Nearly 2% as Global Relief Rally Lifts Market Sentiment Mumbai, March 24: Benchmark equity indices Sensex and Nifty staged a strong recovery on Tuesday, rising nearly 2% each, as easing geopolitical concerns triggered a relief rally across global markets.The rebound follows...

SEBI Proposes Gift Cards for Mutual Fund Investments to Boost Financial Inclusion New Delhi, March 25: The Securities and Exchange Board of India (SEBI) has proposed the introduction of gift cards or gift prepaid payment instruments (PPIs) for investing in mutual funds, aiming to widen investor...

Manipal Health Enterprises Files DRHP for ₹8,000 Crore IPO, Plans Debt Reduction and Stake Acquisition New Delhi, March 24: Temasek-backed Manipal Health Enterprises has filed its draft papers with the Securities and Exchange Board of India (Sebi) to raise funds through an initial public...

Maruti Suzuki to Invest ₹10,189 Crore in New Gujarat Plant, Targets 2.5 Lakh Annual Capacity New Delhi, March 24: Maruti Suzuki India on Tuesday announced a major expansion plan, with its board approving an investment of ₹10,189 crore to establish the first phase of a new manufacturing facility...

OZi Raises $6.2 Million in Series A to Expand Quick-Commerce for Kids’ Products New Delhi, March 24, 2026 – OZi, a quick-commerce platform focused on baby and kids’ products, has raised USD 6.2 million (around Rs 58 crore) in a Series A funding round led by RTP Global, with participation from...

Raajmarg InvIT Debuts Strong, Units Jump 8% on Listing Day New Delhi, March 24, 2026 – Units of Raajmarg Infra Investment Trust, sponsored by the National Highways Authority of India (NHAI), made a strong market debut on Tuesday, rising 8% over the issue price.On the BSE, the units listed at...

Gold Futures Extend Losses in Domestic Market New Delhi, March 24 Gold prices continued their downward trend on Tuesday, declining by Rs 2,260 to Rs 1.37 lakh per 10 grams in futures trading, marking the fifth consecutive session of losses amid ongoing uncertainty surrounding geopolitical...

On March 23 in Rajayyapeta (Andhra Pradesh), Andhra Pradesh Chief Minister N Chandrababu Naidu laid the foundation for the Rs 1.36 trillion ArcelorMittal Nippon Steel India steel plant here in Nakkapalli mandal of Anakapalli district.With a capacity of 17.8 million tonnes per year, the plant...

Mumbai, March 24 Japanese tyre maker Bridgestone is looking to sustain its strong growth momentum in India and expects a compounded annual growth rate (CAGR) of around 67 per cent in gross sales over the next five years, its managing director Rajarshi Moitra has said.He also said that the...

New Delhi, March 23 The initial public offering of Central Mine Planning & Design Institute Ltd, a subsidiary of state-owned Coal India, received 25 per cent subscription on the second day of bidding on Monday.According to NSE data, the IPO received bids for 2,02,84,720 shares against...

Indian Companies Plan ₹11.44 Lakh Crore CAPEX in FY26, Shows Strong Investment Momentum New Delhi, March 23, 2026 – Indian companies have planned capital expenditure (CAPEX) of over ₹11 lakh crorefor the current fiscal year 2025-26, reflecting robust investment activity in the private corporate...

Sensex and Nifty Plunge Amid Middle East Tensions, Rising Crude Prices, and FII Outflows Mumbai, March 23 – The benchmark indices Sensex and Nifty fell sharply on Monday, following weak trends in global markets as the war in the Middle East continued into its fourth week.Rising crude oil...

New Delhi, March 23 – The World Gold Council (WGC) announced its ‘Gold as a Service’ platform on Monday, aiming to link the physical custody of gold with digital systems and expand access to digital gold products in India.Platform Overview According to a Boston Consulting Group (BCG) India...

Gold Prices Crash Over 10% in Futures Trade New Delhi, March 23 — Gold prices plunged sharply by more than 10% on Monday, falling to ₹1.29 lakh per 10 grams in futures trading amid a broad global sell-off in precious metals driven by macroeconomic pressures.On the Multi Commodity Exchange...

Indian Bank Raises ₹5,000 Crore in Long-Term Infrastructure Bond Issue Mumbai, March 23 – Indian Bank announced today that it successfully raised ₹5,000 crore through a 10-year long-term infrastructure bond issue. The bond carries a coupon rate of 7.15 per cent.The lender received significant...