Kolkata-based ethnic wear company Vedant Fashions Pvt Ltd, the owner of the Manyavar brand, has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to launch an initial public offering (IPO). According to the DRHP, th

The Indian government has approved the production-linked incentive (PLI) scheme for the textile sector for almost a dozen categories in a move that would boost domestic manufacturing and help local producers with an enhanced incentive structure. T

The Narendra Modi government has ambitious plans of raising Rs 1.75 trillion via disinvestment during the current financial year, and is banking on generating a lion’s share of this money from the Life Insurance Corp (LIC) of India. The governme

India’s stock markets remain buoyant on the eve of Ganesh Chaturthi and are trading near record highs. Since the festival last year, benchmark indices have jumped more than 50 and many individual stocks have gained far more. Also Read: These Ni

5paisa analysts bring the best intraday ideas, short-term ideas and long-term ideas for you. In the morning we provide best momentum stocks to buy or sell, while in the last trading hour we provide buy today sell tomorrow (BTST) ideas. BTST Tradin

Medical products and equipment maker Healthium Medtech has joined the rush of companies going public as it filed a draft red herring prospectus with India’s capital markets regulator to raise funds through an initial public offering. Healthium�

Tamilnad Mercantile Bank has filed its draft red herring prospectus with the capital markets regulator Securities and Exchange Board of India to launch an initial public offering (IPO). The lender, which is based in the port city of Thoothukudi (T

Mukesh Ambani, India’s richest man and chairman of Reliance Industries Ltd (RIL), has entered the coveted club of people with a net worth of more than $100 billion after the energy-to-telecom conglomerate’s shares hit a new high. RIL shares to

Nifty price-to-earnings (PE) ratio was at 26.54 multiples even as the Nifty 50 share index hit a new high of 17,378 on Monday, September 6, 2021. The Nifty 50 helped by positive Asian sentiments and boost in Reliance Industries share, the key in

Indian retail investors’ interest in stock markets is “fascinating” as they have been pumping money into both the primary and secondary market despite experts cautioning against super-rich valuations, according to UBS. The Swiss brokerage

On August 15, while addressing the nation from the ramparts of New Delhi’s Red Fort, Prime Minister Narendra Modi reiterated his government’s resolve to invest Rs 100 trillion into India’s infrastructure sector and transform the transportation

HDFC Bank, India’s most valued lender, has shrugged off concerns related to AT1 (additional tier) bonds that arose with the crisis at Yes Bank as it raised $1 billion from overseas investors. India’s biggest private-sector bank raised the amount�