HUDCO shares: HUDCO has signed an MoU with NBCC to execute four construction projects in UP, Haryana, Gujarat, and Delhi, including commercial, institutional, office, and residential developments.Read More
Rubicon Research secured Rs 140 crore from TIMF Holdings and 360 ONE funds before its IPO. General Atlantic Singapore RR Pte transferred shares in this deal. General Atlantic remains the majority shareholder. The company plans to launch its IPO by the end of this year. Proceeds will be used for debt repayment and acquisitions.Read More
Anand Rathi Group launches its second IPO, Anand Rathi Share and Stock Brokers, after the success of its wealth management company. The wealth arm delivered nearly 1,000% return to investors. The new IPO aims to raise Rs 745 crore. The brokerage arm’s revenue and profit have also shown significant growth.Read More
Adani Power shares slipped to Rs 147 on Monday after trading ex-split following a 1:5 stock sub-division. The decline is purely optical, as the overall value of holdings remains unchanged. The company had reported a consolidated June-quarter profit of Rs 8,759 crore, and Morgan Stanley initiated coverage with an overweight rating, projecting a 41.9 GW...Read More
The GST Bachat Utsav starts today. Investors in auto and consumer stocks have already profited since the GST reform announcement. Nifty Auto index rose significantly. Maruti Suzuki and Eicher Motors shares increased. Experts suggest that GST rationalization is a structural demand driver. Auto and consumer sectors may still offer opportunities. Focus shifts to FMCG, retail,...Read More
Indian IT companies face a challenge with the new US H-1B visa fee. This fee could impact their profit margins. Companies are planning to adapt by hiring more local workers in the US. They may also shift work to other countries like Canada and India. Analysts remain cautiously optimistic about the sector’s ability to adjust.Read More
Netweb Tech share price: Netweb Technologies secured a Rs 450 crore order for Tyrone AI GPU-accelerated systems, boosting India’s AI infrastructure under the IndiaAI Mission. The company reported 102% revenue growth, 127% EBITDA rise, and a net cash position of Rs 47.5 crore, highlighting strong AI-led expansion.Read More
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