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Studds Accessories Ltd., a leading global and Indian two-wheeler helmet manufacturer by volume in Calendar Year 2024, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an IPO.
Source:
Economic Times
OYO, the global travel technology company, has reported a significant 15% increase in revenue for its UK operations in 2024 compared to the previous year.
Source:
Economic Times
Care Health Insurance, a subsidiary of Religare Enterprises Ltd (REL), has been issued a demand notice amounting to ₹104.77 crore by the Income Tax Department for the assessment years 2020-21 and 2021-22
Source:
Economic Times
Russia's leading oil company, Rosneft, is considering divesting its 49.13% stake in Nayara Energy (formerly Essar Oil), which it acquired in 2017 as part of a $12.9 billion deal—the largest foreign investment in India's refining sector
Source:
Economic Times
The EBITDA for the company is estimated to be Rs 2,000 crore for the same period on the back of its last year’s acquisition of US-based G6 Hospitality.
Source:
Financial Express
In a significant move to enhance liquidity and investor convenience, the National Stock Exchange (NSE) is set to implement a new mechanism to expedite the transfer of its unlisted shares
Source:
Economic Times
boAt leads India’s wireless earbuds market in 2024 with a 33% share. Affordable earbuds, festive sales, and rising offline demand fuel 14% market growth. Chinese brands gain ground, while AI features and premium upgrades shape the future.
Source:
Economic Times
The shares of Steel Authority of India (SAIL) and NMDC Steel surged up to 8.3% in Wednesday's intraday trade on the BSE after the Directorate General of Trade Remedies (DGTR) recommended a 12% safeguard duty on the import of certain steel products.
Source:
Economic Times
SBI BSE PSU Bank Index Fund is an open-ended scheme replicating/tracking the BSE PSU Bank Index, and the SBI BSE PSU Bank ETF is an open-ended exchange-traded fund replicating/tracking the BSE PSU Bank Index.
Source:
Economic Times
HDFC Securities settled with SEBI for ₹65 lakh over IT, disaster recovery, and cybersecurity lapses, following a show cause notice. SEBI retains the right for further action if discrepancies arise.
Source:
Economic Times