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SBI shares rise, Jefferies sees 28% upside

New Delhi, June 15 -- State Bank of India (SBI) shares rose 1.6 per cent in early trade on Monday after Jefferies reiterated its buy rating on the stock and set a price target of Rs.1,300 per share, i... Read More


Hexagon Nutrition shares jump 12.5% over issue price of Rs.45 on NSE

New Delhi, June 12 -- Hexagon Nutrition shares rallied sharply on their stock market debut on Friday, hitting the upper circuit after listing at a premium of around 7 per cent over the issue price. T... Read More


Dabur shares steady; USFDA issues import alert for Silvassa facility

New Delhi, June 12 -- Dabur India shares remained in focus on Friday after the company said the US Food and Drug Administration (FDA) issued Import Alert 66-40 for its Silvassa manufacturing facility.... Read More


Alcohol industry raises alarm over Telangana's revised payment mechanism for TGBCL supplies

New Delhi, June 12 -- Associations of the Indian alcoholic beverage sector have written to the Government of Telangana, raising their concern regarding the State Government's unilateral decision to st... Read More


Meesho acquires Kirana Club in Rs.202 crore deal to deepen presence with kirana retailers

New Delhi, June 12 -- E-commerce marketplace Meesho is set to acquire Kirana Club and its Indian subsidiary Retail Pulse Labs in a Rs.202 crore transaction, marking a strategic push to strengthen its ... Read More


LTM launches AI 1000 to develop next generation of FDEs

New Delhi, June 12 -- LTM has announced AI 1000, a strategic workforce transformation initiative anchored by a dedicated Centre of Excellence (CoE). The programme will develop a pool of over 1,000 AI-... Read More


Karnataka students get free bus passes; refunds ordered for pre-existing passes

New Delhi, June 12 -- The Karnataka government has announced free bus passes to all students across the state, and is spending a total estimate of Rs.236.08 crore every year to issue free bus passes t... Read More


Singapore Court stays contempt order against Byju Raveendran pending appeal

New Delhi, June 12 -- Embattled edtech Byju's founder Byju Raveendran has secured temporary relief from a Singapore court after the General Division of the High Court of Singapore granted a stay on th... Read More


Ather Energy says factory is supply constrained as capacity hits 90%, eyes Maharashtra plant for the next growth phase

New Delhi, June 12 -- Electric two-wheeler manufacturer Ather Energy has introduced allocation controls in select markets after capacity utilisation at its Hosur factory crossed 90 per cent, following... Read More


Feed makers worried over rise in soyameal prices

New Delhi, June 12 -- The Compound Livestock Feed Manufacturers Association (CLFMA) of India has expressed concern over the growing shortage and a sharp increase in the price of soybean meal, a critic... Read More