Piramal Natural Resources, India Resurgence Fund, and others exit Archean Chemical Industries, selling their 10% stake for Rs 822 crore through open market transactions.

Promoter entities of Sapphire Foods India sold a 5.9% stake in the restaurant operator for Rs 530 crore through open market transactions. Samara Capital Partners Fund II and Sapphire Foods...

Two promoter entities of Sapphire Foods India offloaded a 5.9% stake for Rs 530 crore through open market transactions, with Samara Capital Partners Fund II and Sapphire Foods Mauritius being the...

Fineotex Chemical Ltd raised Rs 342.55 crore through the issuance of equity shares and warrants on a preferential basis. The company will use the funds for organic and inorganic growth.

Zydus Lifesciences secures Mexican regulatory approval for Bhava, a biosimilar cancer treatment, expanding its reach to Latin America. The drug is used for various cancers, including colorectal and...

JSW Neo Energy has secured a contract to develop a 500 MW solar project with energy storage systems from SECI. The project will be located in India and is part of the company's ambitious goal to...

Wipro shares plummeted nearly 9% on Monday after the IT major announced flat sequential growth guidance for the upcoming quarter. The company reported a 4.6% YoY rise in net profit but saw a...

Business leaders urge the creation of a new NBFC-PSL category in the Union Budget to boost MSME lending and growth.

Economic Survey suggests increased FDI from China can help India enhance its global supply chain participation and export growth, mimicking East Asian strategies. Learn more.

Aluminium prices fell on the Multi Commodity Exchange (MCX) due to lower demand from consuming industries. The August contract dropped by Rs 1.65 to Rs 218.55 per kg.

Copper futures declined on Monday due to muted demand in the domestic market. Analysts attribute the drop to speculators reducing their positions.

India's GDP is projected to grow at 6.5-7% in 2024-25, according to the Economic Survey 2023-24. The forecast takes into account global challenges and domestic growth drivers.

Crude oil futures edged down on Monday due to weak demand, falling by 0.03% to Rs 6,610 per barrel on the Multi Commodity Exchange. Global oil prices, however, saw gains.