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Stellar Debut! Quadrant Future Tek stock lists at a premium of 29% over issue price

Quadrant Future Tek IPO, which was open for subscription from January 7 to January 9, has made its debut on the Indian bourses, BSE and NSE. The shares of the company were listed at a premium of 27.5%. On the BSE, they were listed at Rs 374, an increase of 29%, while on the NSE

Angel One appoints former Google Pay VP Ambarish Kenghe as Group CEO; posts 8.13% YoY profit growth for Q3

Angel One announced the appointment of Ambarish Kenghe as Group Chief Executive Officer, effective March 2025. Before this, he had a six-year stint at Google Pay.  “Widely recognized as ‘AK’ within the fintech community, Ambarish Kenghe is a distinguished technology and product leader with extensive experience in fintech, e-commerce, and consumer electronics. In his previous

Markets open gap-up, Nifty around 23200, Sensex up 350 points; HCLTech slides 7%

The benchmark equity indices opened Tuesday’s trading session gap-up. The NSE Nifty 50 opened 111.50 points or 0.48% higher at 23,197.45, while the BSE Sensex jumped 341.04 points or 0.45% to open at 76,671.05. “Now it appears that the market is a bit oversold and this favours a bounce back in the near term. But

Gold, silver rate today on January 14 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

Gold prices have risen 0.8% compared to a week back while Silver prices have fallen 0.3% during the same time frame. The precious metals saw a price hike as the local currency, the rupee, depreciated to a new all-time low along with a surge in crude oil prices.  The “rupee depreciation supported gold prices in

Quadrant Future Tek Share Price, IPO Listing Live Updates: Check GMP, allotment, price band and key details

Go to Live UpdatesQuadrant Future Tek Share Price, GMP, Price Band Live Updates: Quadrant Future Tek IPO ran its course from January 7 to January 9, attracting significant investor attention. Priced in the range of Rs 275 to RS 290 per share, the IPO was a book-built issue valued at Rs 290 crore, with the

J&J doubles down on neurological drugs with $14.6 billion Intra-Cellular deal

Johnson & Johnson said on Monday it would buy neurological drugmaker Intra-Cellular Therapies for $14.6 billion, its biggest deal in more than two years, boosting its presence in the market for brain disease treatments. The deal would help accelerate growth in J&J’s drugs business after the company spun off its consumer health unit in 2023.

PAG acquires stakes in Manjushree Technopak, Pravesha

Asia Pacific-focused private equity firm PAG, on Monday, announced that it has signed agreements to acquire stakes in Manjushree Technopack. The firm has also acquired majority stakes in pharma focused packaging company Pravesha Industries. While PAG did not disclose valuation details, sources indicate that Manjushree Technopack has been valued at $1 billion, while Pravesha Industries

Hiremaths disclose family arrangement details

Jai and Sugandha Hiremath, promoters of Hikal, have unveiled details of a long-standing family arrangement involving the Kalyani family. The disclosure was made in a stock exchange filing under Sebi’s Listing Obligations and Disclosure Requirements (LODR) Regulations, following a recent Sebi clarification on the need to disclose family agreements still in effect. In their communication

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Selling old gold? Pay long-term capital gains tax on proceeds

By Neeraj Agarwala I plan to sell some family gold as prices are high now. It was purchased by my grandfather and there are no bills. Do I have to pay any tax on the sale amount? —D R Rao The sale of gold jewellery is subject to tax under the head ‘capital gains’. Since

DMart adds highest number of stores amid q-comm surge

Avenue Supermarts, best known for its DMart chain of stores, is accelerating store additions as competition intensifies within grocery retail. The value retailer added as many as 28 stores in the March quarter (Q4) of FY25, its latest business update said, the highest in four years. The latest addition will also see the value retailer

AWL Agri reports 7% volume growth in Q4

AWL Agri Business, formerly Adani Wilmar, recorded a 7% year-on-year volume growth in the fourth quarter (Q4) of fiscal 2025, it said in a business update on Friday.  The company saw a 36% year-on-year revenue growth, with stronger performance in rural towns compared to urban markets.  This growth, particularly in the foods category, was driven

A $10-billion taste of tradition

It started as a hole-in-the-wall outlet selling namkeen and mithai in Bikaner, Rajasthan, way back in 1937. Today, Haldiram’s is the undisputed bhujia king that marquee global investors are rushing to grab a bite of. It is tough to put a single face behind its grand success story, though. “Every member of the family is

Global sell-off worsens, Dow drops 1,700 as China retaliates against Trump tariffs

Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war. Not even a better-than-expected report on the U.S. job market, which is usually the economic highlight of each month, was enough to stop the slide. The S&P 500 was down 4.8% in