Kalpataru raises Rs 708 crore from 9 anchor investors; Singapore’s GIC, Bain Capital lead
Realty developer Kalpataru has raised over Rs 708 crore from nine anchor investors including GIC Singapore, Bain Capital’s GSS Opportunities Investment, SBI Mutual Fund, ICICI Prudential Mutual Fund, SBI General Insurance, Aditya Birla Sun Life, and 360 ONE WAM.
Dixon Technologies promoter sells 2.77% stake for over Rs 2,221 crore
Dixon Technologies (India) promoter Sunil Vachani on Monday divested a 2.77 per cent stake in the homegrown contract manufacturer for over Rs 2,221 crore through an open market transaction.
Top 5 mutual funds for lumpsum investment with a horizon of 3 years
If you are looking for the best mutual funds for lumpsum investment with an investment horizon of three years. Here is a help for you (Source: Value Research)
Higher crude oil prices a net positive for upstream cos, possibly for OMCs too: Kotak Equities
Kotak Institutional Equities reports that rising crude oil prices benefit upstream companies like ONGC and Oil India, increasing their EPS. Surprisingly, OMCs (BPCL, HPCL, IOCL) may also gain if the government maintains current pump prices, leading to potential margin expansion. While refining margins are modest, improved marketing profitability could offset these concerns.
Gold falls Rs 160 to Rs 99,800 per 10 g; silver trades flat
Gold price fell by Rs 160 to Rs 99,800 per 10 grams in the national capital on Monday due to continuous selling by jewellers and stockists, according to the All India Sarafa Association.
Market movement to be limited in coming quarter; be neutral on pharma: Amit Khurana
Amit Khurana of Dolat Capital anticipates limited market movement in the coming quarter due to headwinds, suggesting a cooling period before renewed buying. Upside potential is capped, while downside risk is protected. He advises a neutral stance on the pharma sector for FY26, citing normalizing tailwinds and US trade tariffs, but favors JB, Ajanta, Cipla, […]
Kamath brothers pick Rs 250 cr minority stake in InCred ahead of IPO
The investment was made in InCred Holdings Ltd, the parent of tech-driven NBFC InCred Financial Services, which operates across consumer, SME, and education lending.
Banks report muted Q4 profit growth amid margin pressure
Banking sector’s net profit rose just 4.9% YoY in Q4 FY25—the slowest in 17 quarters—due to weak private bank performance, SBI’s earnings drop, and pressure on margins. Upcoming rate cuts and liquidity measures may ease stress ahead.
BSE, IndiGo likely to replace IndusInd Bank, Hero MotoCorp making way in Nifty50 index
BSE Ltd and InterGlobe Aviation may soon be part of the Nifty 50 index. A reshuffle is expected in August. The revised list will likely be effective from September. IndusInd Bank and Hero MotoCorp might be removed. BSE is expected to meet all requirements. IndiGo has shown consistent market presence. BSE shares have given great […]
Indogulf Cropsciences IPO to open on June 26; Price band set at Rs 105–111 per share
Indogulf Cropsciences’ IPO will open on June 26 and close on June 30, with a price band of Rs 105–111 per share. The Rs 200 crore issue includes a Rs 160 crore fresh issue and an OFS of over 36 lakh shares. Proceeds will fund working capital, debt repayment, and a new DF plant in […]