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GIC Re shares slide 4%; Govt to sell 7% stake via OFS
The equity shares can be subscribed between 9:15 AM and 3:30 PM on both days. The floor price for the OFS is set at RS 395 per equity share.
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Cabinet approves fifth semiconductor unit in India
The Union Cabinet on Monday approved a proposal by Kaynes Semicon to set up a semiconductor unit in Sanand, Gujarat, with an investment of ₹3,307 crore
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Nomura lowers its FY25 economic growth forecast for India to 6.7%
Nomura lowered its FY25 economic growth forecast for India to 6.7% year-on-year from 6.9% after official data on Friday showed the country's GDP grew slower than expected on an annual basis
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Passenger Vehicle sales decline by 2% to 3.5 lakh units in August 2024
Amid surging inventory levels at dealership outlets, Passenger Vehicle (PV) wholesales saw a drop of 2.32 percent at 3,52,500 units last month.
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Google partners with Tamil Nadu to boost AI ecosystem
The MoU exchange took place in Google’s Mountain View office, in the presence of state Chief Minister M K Stalin and Industries Minister TRB Rajaa.
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Adani Ports to acquire 80% stake in Astro Offshore for $185 million
Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million,
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Reliance Retail announces entry into luxury jewelry segment
The company’s e-commerce portal, Ajio, is making progress and growing at rapid pace. Ajio competes with Walmart’s Myntra, Flipkart Fashion, Amazon Fashion, Nykaa Fashion
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