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Steel prices hit 4-yr high on rise in cost amid strong demand

New Delhi, Sept. 21 -- Steel prices have surged to four-year high of Rs.63,800 a tonne after an increase Rs.1,600 a tonne week-on-week (w-on-w) ended September 18, on the back of restocking by the tra... Read More


Adroit Industries to raise Rs.151 cr through IPO

New Delhi, Sept. 21 -- Adroit Industries (India), a vertically integrated manufacturer of propeller shafts and torque-transmission components, plans to raise Rs.151 crore through initial public offeri... Read More


IPO pipeline stays strong with 72 firms seeking to raise Rs.1.70 lakh crore

New Delhi, Sept. 20 -- The pipeline of initial public offerings is expected to remain robust in the coming months with 72 corporates waiting for SEBI approval to raise about Rs.1.70 lakh crore as of A... Read More


L&T sees $150-billion global modularisation opportunity

New Delhi, Sept. 18 -- Larsen & Toubro (L&T) expects the $150 billion global market for modularisation of industrial projects to offer opportunities worth about $30 billion over the next five ... Read More


MOIL scouts for new manganese mines in India, overseas

New Delhi, Sept. 17 -- With huge demand and shortage supply of manganese to the steel industry, MOIL plans to increase domestic production and explore global opportunities for securing ores to meet de... Read More


SIP returns in last 3 yrs remain lacklustre even as inflows hit new high

New Delhi, Sept. 16 -- Notwithstanding the highest-ever inflow of Rs.32,297 crore through SIP in August, most of the equity funds have delivered single-digit returns in last three years. The overall ... Read More


Listing will provide Tata Sons more power to fund Group's big projects: InGovern

New Delhi, Sept. 16 -- Proxy advisory firm InGovern feels a listed Tata Sons would be better placed to support the Group's most capital-intensive bets, from semiconductors to aviation, arguing that th... Read More


RBI's rejection of Tata Sons' application raises questions

New Delhi, Sept. 15 -- The Reserve Bank of India's move to reject Tata Sons' application for de-recognition has raised questions on whether the recent amendment to NBFC Upper Layer (NBFC-UL)regulation... Read More


Tata Sons listing to unlock Rs.1.20-lakh crore value for seven group companies

New Delhi, Sept. 13 -- Some of the listed Tata Group entities will get re-rated with the RBI making it mandatory for Tata Sons to list on the stock exchanges. Seven listed Tata Group companies cumula... Read More


Gem, jewellery exports up 3% to $2.30 billion in Aug

New Delhi, Sept. 12 -- Gem and jewellery exports increased 3 per cent in August to $2.30 billion against $2.23 billion logged in the same period last year, on the back of the rise in value-added gold ... Read More