A technical glitch forced MCX to delay market opening and shift operations to its Disaster Recovery site. The exchange launched an investigation to identify the cause and promised corrective action. MCX shares fell 2% amid investor concern over recurring system issuesRead More
The company had clocked a net profit of Rs 860.47 crore in the July-September period of the preceding 2024-25 financial year, the Naveen Jindal Group entity said in an exchange filing.However, the company’s total income rose to Rs 11,707.82 crore from Rs 11,248.14 crore in the second quarter a year agoRead More
Advent International’s affiliate Jomei Investments has divested its entire 2% equity stake in Aditya Birla Capital for approximately $186.47 million. The sale of 53.2 million shares occurred at a slight discount to the previous day’s closing price. This follows a previous sale of a 1.4% stake by Advent International in June.Read More
Emirates NBD, Dubai’s largest bank, launched an open offer to acquire 26% of RBL Bank at ₹280 per share, following its ₹26,853 crore strategic investment. The combined ₹38,000 crore deal marks India’s biggest FDI in financial services and a historic foreign acquisition of a private lender.Read More
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