The anchor issue of Bikaji Foods International Ltd saw a robust response on 02nd November 2022 with 29.75 of the IPO size getting absorbed by the anchors. Out of the 2,93,73,984 shares on offer, the anchors picked up 87,37,194 shares accounting for

DCX Systems worth Rs.500 crore, consisted of a fresh issue component of Rs400 crore and an offer for sale of Rs100 crore. The IPO saw fairly strong response on Day-1 and Day-2 of the IPO and closed with an impressive subscription at the close of Day-

On 1st November 2022, Adani Ports and Special Economic Zone announced its quarterly results for the second quarter of FY2023. Q2FY23 Performance updates: - Consolidated revenue (including Gangavaram) grew by 15 YoY to Rs 10,269 Crore

On 1st November 2022, Tech Mahindra announced its quarterly results for the second quarter of FY2023. Q2FY23 Performance updates: In USD: - Revenue at $ 1,638 million; up 0.3 QoQ and up 11.2 YoY, Revenue growth 2.9 QoQ i

It looks like Google is willing to smoke the pipes of peace with the Competition Commission of India (CCI) for now. Just a week after the Competition Commission of India (CCI) imposed a Rs2,274 crore penalty on Google, they have decided to paus

Just about a couple of years ago, dollar borrowing were all the rage for Indian corporates. The reasons were obvious. Dollar rates were abysmally low and the rupee was relatively stable against the dollar. This ensure that companies could borrow at v

On 1st November 2022, Sun Pharma announced its quarterly results for the second quarter of FY2023. Q2FY23 Performance updates: - Gross sales at Rs. 108,092 million, growth of 13.1 over Q2 last year - EBITDA at Rs. 29,565 million (includ

During Q2FY23, Net Profit was down by 58 and margins were under pressure. In Q2FY23, revenue grew by 10.7 YoY to Rs 1077.76 crore from Rs 973.55 crore in Q1FY22. On a sequential basis, the top line was relatively flat. PBIDT (Ex OI)

On 01st November, the digital rupee also known as the Central Bank Digital Currency (CBDC), was finally launched. It has only been launched for the wholesale segment and not for the retail segment. As a test case, on the 01st of November, government

Gland Pharma, Aster DM Healthcare, and Lemon Tree Hotels have witnessed a volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active

On 1st November 2022, Nykaa announced its quarterly results for the second quarter of FY2023. Q2FY23 Performance updates: - GMV grew 45 YoY to Rs. 23,457 million in Q2 FY2023 - Revenue from Operations grew 39 YoY to Rs. 12,308 mi

It is not often that public sector banks caught the fancy of Rakesh Jhunjhunwala. The many may be no more but his legend lives on. One such public sector bank that Rakesh had picked up quite aggressively more than a year back in 2021, was Canara Bank