News

The merger between Suven Pharma and Cohance Lifesciences is anticipated to be finalized within the next 12-15 months, pending the necessary approvals from shareholders and regulatory authorities. This timeline underscores the meticulous process required to solidify the transaction and reflects the companies’ commitment to ensuring a seamless transition. Stay tuned as both entities navigate through … Read more

“The highly anticipated semiconductor fab, slated to be located in Dholera, is set to revolutionize India’s technological landscape. With an impressive capacity of 50,000 wafers per month, the facility promises to bolster the nation’s semiconductor manufacturing capabilities,” stated IT Minister Ashwini Vaishnaw during a significant announcement on February 29. On Thursday, February 29, the Union … Read more

GPT Healthcare Makes Strong Stock Market Debut, Begins Trading at 16% Premium Over IPO Price. The much-anticipated listing of GPT Healthcare exceeded market expectations on February 29, with the stock debuting at a premium of 16% over its IPO price on both the NSE and the BSE. Despite initial optimism, GPT Healthcare’s stock quickly dipped … Read more

Industry analysts anticipate that the agreement will enhance Reliance’s standing in India’s highly competitive video streaming industry. Reliance Industries’ highly anticipated joint venture with Walt Disney Co., merging the operations of Viacom18 and Star India, is poised to significantly strengthen the conglomerate’s presence in India’s second-largest internet market, particularly in the realm of video streaming. … Read more

In a significant move, the newly formed joint venture between Reliance Industries and Disney has secured exclusive rights to broadcast coveted cricket sporting events in India across both digital and television platforms. This strategic merger positions the combined entity as a formidable player in the Indian media landscape, with unparalleled access to high-profile cricket content. … Read more

As per the NCLT (National Company Law Tribunal) order and SEBI (Securities and Exchange Board of India) (Delisting of Equity Shares) Regulations, 2021, the equity shares of Reliance Capital Limited (RCL) will be delisted from stock exchanges. Reliance Capital Limited (RCL) announced in an exchange filing on Wednesday that its existing equity shares are expected … Read more

Vodafone Idea has announced plans to secure ₹20,000 crore through a mix of equity or equity-linked instruments, with the remaining amount to be sourced through debt financing. Notably, the company’s promoters are set to partake in the proposed equity infusion. The downward trend in Vodafone Idea’s share price continued on Wednesday, with the telecom operator’s … Read more

The National Company Law Tribunal (NCLT) in Mumbai granted approval on Tuesday for the proposal put forth by IndusInd International Holdings Ltd (IIHL), a Hinduja Group entity, to acquire bankrupt Reliance Capital Ltd. This decision marks a significant milestone in the protracted acquisition process. The tribunal had reserved its decision on the matter on January … Read more

Subhash Chandra has filed a challenge against SEBI’s ban with SAT, which was confirmed on August 14, 2023, while Goenka has managed to secure a stay order. According to ET, Subhash Chandra, chairman emeritus of Zee Entertainment Enterprises, has lodged a challenge with the Securities Appellate Tribunal (SAT) against the Securities & Exchange Board of … Read more

New Delhi: Prime Minister Narendra Modi today highlighted India’s growing presence in the global space arena, particularly through its ambitious space program, as he unveiled the names of four astronauts selected for the country’s human space flight mission, Gaganyaan. During an event held at the Vikram Sarabhai Space Centre in Thiruvananthapuram, the Prime Minister conferred … Read more