Crizac’s Rs 860 crore initial public offering (IPO) opened for subscription on Wednesday and will close on July 4, with the stock expected to list on the BSE and NSE on July 9. The issue comprises a pure offer-for-sale (OFS) of 3.51 crore equity shares, priced in a band of Rs 233–245 apiece. Ahead of…
Gold prices surpassed ₹1 lakh per 10 grams in June 2025, primarily due to investors seeking safety during global political unrest. (AI image) Gold has always found traction as a safe haven asset in Indian households. But, you may be surprised to know that corporates are also investing in a big way in the precious…
India, a large importer of crude oil from Russia, may have to watch out for a new US bill which proposes imposing a 500% tariff on countries that import from Russia. In an interview with ABC News, Senator Lindsey Graham said that he wanted the US to impose tariffs to stop them from supporting Vladimir…
Kolkata: Luxmi Group, owner of the iconic Makaibari Tea Estate, has acquired a majority stake in UK-based Brew Tea Co. Brew Tea deals exclusively with orthodox tea and has both an online and offline presence in the UK.Luxmi Group acquired an 80% stake in the company, while the remaining 20% remains with the existing promoters….
Mumbai: Billionaire Sajjan Jindal plans to take JSW Paints public through a reverse merger with the listed Akzo Nobel India after completing the acquisition of the Dulux paints manufacturer. The Jindal family will retain a controlling stake in the combined entity, which will also include private equity investors and public shareholders. The private equity funds’…
Chennai: Indian tractor maker Tafe and US-based agri-machinery company AGCO have reached a “comprehensive settlement and resolution” after months of disagreement over brand rights, among other issues, which had led to legal proceedings.The agreement, which resolves all disputes between Chennai-based Tractors and Farm Equipment (Tafe) and AGCO, will make Tafe the exclusive owner of Massey…
File photo: Amazon founder Jeff Bezos (Picture credit: AP) Amazon founder Jeff Bezos has offloaded over 3.3 million shares of the tech giant, netting approximately $736.7 million, as per a regulatory filing reported by Bloomberg. The transactions, carried out in late June, coincided with Bezos’ lavish three-day wedding to Lauren Sanchez in Venice, a celebration…
HDB Financial Services made a strong debut on the stock exchanges on Wednesday, with its shares listing at Rs 835- a 12.84 per cent premium over the issue price of Rs 740. The stock opened higher by Rs 95 on both the NSE and BSE, reflecting solid investor interest following a heavily subscribed IPO. As…
New Delhi: The Competition Commission of India (CCI) on Tuesday ordered an investigation against Asian Paints for allegedly abusing its dominant position in the market.The direction follows a complaint filed by Grasim Industries (Birla Paints division), which accused Asian Paints of engaging in exclusionary practices, aimed at stifling its entry and growth in the Indian…
Gold price prediction: Gold witnessed volatile last week ending with corrective moves. (AI image) Gold price prediction today: Gold prices are expected to continue being volatile amidst emerging global economic situations. Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers shares his views and recommendations for gold investors:Gold witnessed volatile last…
