Niva Bupa Health Insurance (formerly Max Bupa) has filed a draft red herring prospectus with SEBI to raise Rs 2,200 crore through its initial public offering (IPO). The offer includes both an offer for sale (OFS) and a fresh issue of shares. Private equity firm True North, which acquired a 51% stake in Max India
Shares of Titan Company Ltd fell by over 3% to an intra-day low of Rs 3,114 on the National Stock Exchange (NSE) on Wednesday. This drop followed the Tata Group-owned lifestyle products retailer’s announcement that its consolidated profit for the quarter ended September 2024 had declined by 23.1% year-on-year (YoY) to Rs 704 crore. Q2
Achieving a debt-free status prior to retirement can grant you significant financial independence and tranquility. To reach this goal, it is essential to formulate a practical budget that details your income, expenditures, and objectives for debt repayment. Designate a specific portion of your income for the purpose of settling your debts. Additionally, consider reducing unnecessary
Shares of Hindustan Zinc (HZL), a subsidiary of Vedanta falls over 7% to open at Rs 520 on NSE on Wednesday after the central government revealed plans to sell up to a 2.5% stake in the mining giant. The sale will take place through an offer for sale (OFS) and includes an option for oversubscription.
Go to Live UpdatesTitan Company Share Price Today Live Updates, 06 Nov, 2024: The Titan Company share is in news and the counter closed trade on 05 Nov, 2024 at Rs 3233.05. The shares touched intraday high of Rs 3259.95 in the last trading session while the intraday low was at Rs 3185.45. The company’s
Go to Live UpdatesOil India Share Price Today Live Updates, 06 Nov, 2024: The Oil India share is in news and the counter closed trade on 05 Nov, 2024 at Rs 495.45. The shares touched intraday high of Rs 498.2 in the last trading session while the intraday low was at Rs 466.65. The company’s
India will have to face and address multiple challenges as it re-configures its energy mix in tune with the target of net zero emissions by 2070, says Yezdi Nagporewalla, CEO, KPMG in India. He believes the country is taking the right steps on multiple fronts in this context. India, for instance, will have the world’s
Gold and silver rates today, November 06 The 24-carat gold rate in India was Rs 78,600 per 10 grams on November 06. The rate for 24-carat gold per gram is Rs 7,860. The rate of 22-carat gold was Rs 72,050 per 10 grams. The rate of 24-carat gold has fallen by 1.55% in the last
Blinkit’s foray into 10-minute ambulance services has drawn both applause and scepticism. Known for revolutionising quick commerce with ultra-fast grocery delivery, the Zomato-owned platform now aims to address one of the most critical healthcare gaps. But past such ventures show this is a high-stakes venture fraught with challenges. The ambulance tech sector has seen its
Despite missing Street estimates on revenue and net profit, the analyst commentary on TCS’s performance has been positive on the back of early signs of revival of discretionary spending and the firm’s robust order book. Samir Seksaria, chief financial officer of TCS, in an interview with Urvi Malvania and Ayanti Bera, talked about operational efficiencies, emerging
A couple of years back Ferns & Petals’ (FNP) bottom line was wilting. Ambitious plans to scale up the business had gone awry. But CEO Pawan Gadia, who rues having blown up precious capital on advertising that didn’t really make any impact, says he has learnt from his mistakes. Now, the company is re-booting the
Venture capital (VC) investments in the non-banking finance companies (NBFCs) surged in 2024, marking a notable pivot towards safer, proven business models with clear exit opportunities. Amid a tepid growth in the overall VC funding, NBFCs raised approximately $1.2 billion across 50 equity rounds, a jump of 70% from $717 million across 64 rounds in
Power companies are likely to report strong earnings for the third quarter of the current financial year owing to the growth in regulated equity from capacity expansion, new transmission line additions, improved hydro generation, and sustained volume growth in the short-term market, as per analysts. Additionally, contributions from solar EPC (engineering, procurement, and construction) and
