GTI Capital Group has divested a 4.7% stake in Samhi Hotels for Rs 193 crore through open market transactions. The sale reduced GTI Capital's stake to 1.5%.

Rashi Peripherals, an ICT distributor, raised Rs 180 crore from anchor investors ahead of its IPO. The company will utilize the funds for debt payment and working capital.

NARCL successfully acquires SREI Equipment Finance and SREI Infrastructure Finance under the Insolvency and Bankruptcy Code, resolving a significant Rs 32,700 crore financial debt.

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.

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.

Silver prices fell on Monday, with futures contracts declining to Rs 89,110 per kilogram on the Multi Commodity Exchange. Global silver prices also traded lower.

Gold prices in India declined on Monday due to reduced speculator interest and weak global cues. Learn more about the latest gold futures market trends.

Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24 in Lok Sabha, providing an overview of India's economic prospects. Read more.

Dodla Dairy's net profit for the June quarter surged 86% to Rs 65.02 crore, driven by strong revenue growth. Read more about the company's financial performance.