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Tata Group is negotiating to purchase a majority stake in the Indian division of Chinese smartphone manufacturer Vivo. Vivo has been looking for local partners due to government efforts to involve domestic companies in its operations, such as manufac
Ambuja Cements has garnered a positive outlook from Jefferies following its announcement of acquiring Penna Cement, based in the South, for ₹10,442 crore. Jefferies has issued a 'buy' recommendation for Ambuja Cements stock, setting a target price
The combined market capitalization of all companies listed on the BSE has once again surpassed Hong Kong, making it the fourth-largest equity market in the world. As of now, the total market capitalization of all BSE-listed companies is $5.18 tril
The JSW Group, under the leadership of billionaire Sajjan Jindal, has unveiled an ambitious strategy to allocate as much as $70 billion over the upcoming six years. This substantial investment will cover a range of business sectors, such as steel, ce
In its efforts to boost traction and draw more international entities to GIFT City, the regulatory body International Financial Services Centers Authority (IFSCA) has been actively participating in outreach programs with various foreign companies and
Mondelez has teamed up with Lotus Bakeries, the Belgian company known for its biscuits, to introduce its renowned Biscoff brand to India. Mondelez will handle the sales and marketing of the popular Biscoff products in the region. According to the lic
United Cotfab (BSE-SME IPO) - Day-4 Subscription at 107.22 times As of 7.00 pm on 19th June 2024, out of the 49.24 lakh shares on offer in the BSE SME IPO (excluding the market maker portion and the anchor allocation done), United Cotfab saw bids
On June 13, approximately 5.21 lakh shares of InterGlobe Aviation, the parent company of IndiGo, were traded in a block deal on the exchanges. The shares were transacted at an average price of ₹4,300 each, amounting to a total deal value of ₹224
On June 12, real estate developer Brigade Enterprises revealed its intention to invest ₹8,000 crore in Chennai by 2030 to grow its business. Through this investment, Brigade aims to position Chennai as its second-largest market. Additionally, th
On June 13, Paytm shares experienced a modest rise after One97 Communications, the parent company of the fintech firm, revealed a new focus on offering insurance products from various providers. This strategic shift follows the acceptance of Paytm Ge
Haldiram Snacks Pvt Ltd., a prominent name in India's culinary heritage, is considering an initial public offering (IPO) following unsuccessful efforts to sell the company to foreign investors. This move follows the Agarwal family's dissatisfaction w
About the company DEE Development Engineers Ltd DEE Development Engineers Ltd was incorporated in the year 1988 as an engineering company offering specialized process piping solutions. The company caters to the for oil and gas, thermal
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