Indices slide on selling in heavyweights

[ad_1] Selling by overseas investors in index heavyweights dragged down benchmark indices after a gap-up opening on Friday, capping a volatile week that saw the US Fed keep interest rates steady. Marginally better than anticipated Q4 earnings and a correction...

Aptus Value Housing posts 21% rise in Q4 consolidated PAT

[ad_1] Aptus Value Housing Finance Ltd has reported a 21 per cent increase in consolidated profit after tax at ₹164 crore for the quarter ended March 31, 2024, compared with ₹135 crore in the year-ago quarter.  Also read:Aadhar Housing Finance IPO: Price...

Birla Estates’ new project Silas clocks over ₹2,500 crore sales

[ad_1] Birla Estates, a wholly-owned subsidiary of Century Textiles and Industries and the real estate venture of the Aditya Birla Group, has recorded sales of ₹2,500 crore at the launch of its signature tower Silas at Birla Niyaara at Worli...

Fintech startup Dexif raises $4 million led by RTP Global

[ad_1] Dexif, a fintech startup has raised $4 million in a seed funding led by RTP Global. The funds will be utilised to expand the business operations, scale technology and increase recruitment. Also read:Former BharatPe COO Dhruv Dhanraj Bahl launches maiden...

Stock markets rebound as GST revenues hit record in April

[ad_1] Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record GST collections in April, positive manufacturing data and foreign fund inflows boosted investor sentiment.Also read:Sensex, Nifty open marginally higher; realty stocks dragThe 30-share BSE...

Fresh From Farm raises $2 million in pre-series A

[ad_1] Fresh From Farm, a B2B2C platform for consolidating fresh fruit demand, has raised $2 million in a pre-series A round, with participation from Inflection Point Ventures. Spearheading this investment, is Ashish Kacholia, an investor in the public markets. Fresh...

SEBI to tighten norms to deter front running at AMCs

[ad_1] The SEBI board on Tuesday approved measures to deter front-running at asset management companies. This will be through an institutional mechanism that will consist of enhanced surveillance systems, internal control procedures, and escalation processes to identify, monitor, and address...

MPID Court declares NSEL brokers as deposit taking institutions

[ad_1] The MPID (Maharashtra Protection of Interest of Depositors) Court has declared stock brokers involved in the NSEL payment crisis as deposit taking financial establishment under MPID Act.Also read:NSEL case: Maha govt to issue attachment notice in four weeksIn its...

Jubilant FoodWorks surges over 6% after partially acquiring stake in O2 Renewable Energy

[ad_1] Jubilant FoodWorks stock surged after the company announced the partial acquisition of compulsory convertible debentures (CCDs) and equity shares in O2 Renewable Energy XVI Pvt Ltd (O2).Also read:Jubilant FoodWorks to focus more on Domino’s value offeringsThe company, earlier in...

Greaves Electric Mobility launches Ampere Nexus 

[ad_1] The e-mobility arm of Greaves Cotton, Greaves Electric Mobility Pvt Ltd (GEMPL), has introduced its electric scooter, Ampere Nexus at an introductory price of ₹10,990. Also read:Greaves Electric Mobility applies for restoration of FAME II benefits The scooter is designed and...
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