Zee Entertainment shareholders have approved a plan to raise Rs 2,000 crore through equity shares and QIPs. The move follows the termination of the Sony merger deal and is expected to boost...

Fairfax Group divested a 9.7% stake in CSB Bank for Rs 595 crore through an open market transaction, reducing its shareholding to 40%.

Zee Media plans to raise up to Rs 200 crore through an issue of equity shares or other eligible securities. The move comes as the company reported a decline in revenue and widening losses.

Zee Entertainment MD & CEO Punit Goenka has acquired a majority stake in Maverick Media, focused on single-screen cinemas in India, in his personal capacity. The investment aims to revive and...

Sony Pictures Networks India appoints Gaurav Banerjee as its new Managing Director and CEO, succeeding NP Singh who will become Non-Executive Chairman. Banerjee brings extensive experience from...

Sebi proposes summary proceedings for intermediaries to expedite violations of securities laws, aiming for faster and more efficient handling of cases.

Kochi Water Metro's success paves the way for similar projects in Kolkata, Mumbai, Guwahati, and Goa, says Shipping Ministry official. Learn more about the model and its potential impact.

Motilal Oswal Mutual Fund has sold its stake in Zomato for Rs 646 crore through an open market transaction. The shares were sold at an average price of Rs 226.85 apiece, with Axis Mutual Fund, BNP...

Get the latest gold and silver rates for July 16, 2023. Check the prices of standard gold, ornament gold and silverspot in India.

GVK Power and Infrastructure Ltd faces insolvency proceedings after failing to repay loans to lenders, including ICICI Bank. The NCLT has appointed an interim resolution professional to manage the...

Sebi proposes summary proceedings for intermediaries to expedite violations of securities laws, aiming for faster and more efficient handling of cases.

The IMF is upgrading its economic outlook for China and India, but expects tepid global growth due to persistent inflation. Read more about the IMF's latest World Economic Outlook.

Finance Minister Nirmala Sitharaman participated in the traditional 'halwa' ceremony, marking the final stage of Union Budget 2024-25 preparation. The budget will be unveiled on July 23 in Lok Sabha.

Kochi Water Metro's success paves the way for similar projects in Kolkata, Mumbai, Guwahati, and Goa, says Shipping Ministry official. Learn more about the model and its potential impact.

Motilal Oswal Mutual Fund has sold its stake in Zomato for Rs 646 crore through an open market transaction. The shares were sold at an average price of Rs 226.85 apiece, with Axis Mutual Fund, BNP...