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Ultravolt could generate Rs.7,000 crore revenue in three years

New Delhi, Sept. 7 -- UltraTech's newly launched wires and cables business, Ultravolt, is expected to register revenue of Rs.6,000-7,000 crore in next two to three years, though margins may remain sub... Read More


HEG Advanced Materials demerger to add Rs.4,000 crore market capitalisation

New Delhi, Sept. 6 -- The demerger of LNJ Bhilwara Group company HEG Advanced Materials business will boost the market capitalisation of both the listed companies to Rs.18,000 crore from Rs.14,000 cro... Read More


FCNR-led rupee rally makes gold cheaper, weighs on prices

New Delhi, Sept. 6 -- After the relentless rally, spot gold prices have fallen by Rs.7,270 per 10 grams, or four per cent in last eight trading sessions to Rs.1,54,884 on Friday against Rs.162,154 log... Read More


IPO pipeline gathers pace as four firms eye Rs.3,362 crore next week

New Delhi, Sept. 4 -- It has been raining initial public offering even as the secondary markets have been a roller-coaster ride. Four companies are all set to hit the market next week after announcing... Read More


Tata Chemicals faces Kenya shutdown order; in talks with authorities

New Delhi, Sept. 4 -- Tata Chemicals has claimed that it has already submitted the documents on developmental work done in Magadi and has been in active discussion with the Kenyan government on the is... Read More


Afcom Holdings to buy 4 Boeing 777-8F freighter aircrafts

New Delhi, Sept. 4 -- Afcom Holdings, an integrated air cargo solutions company with operations across domestic and international routes, has executed a Letter of Intent with The Boeing Company for th... Read More


Aditya Birla Group's next big bet: Can its wires and cables venture replicate the Birla Opus playbook?

New Delhi, Sept. 3 -- The Aditya Birla Group is turning to a familiar playbook for its latest big bet: enter a large, structurally growing market, deploy capital and scale rapidly, and use the group's... Read More


SEBI plans net settlement of MF cash market trades

New Delhi, Sept. 3 -- The capital markets regulator SEBI has proposed to allow mutual fund schemes to net their fund obligations arising from certain cash-market transactions, a move aimed at reducing... Read More


Lock-in on Rs.5,742 cr anchor investment to expire this month

New Delhi, Sept. 2 -- September will emerge as one of the busiest seasons for lifting of anchor lock-in period with 21 IPOs including Manipal Health, Leap India, Milky Mist Dairy, Shiprocket, Lalitha ... Read More


'Zydex Paints lines up product pipeline for the mass market'

New Delhi, Sept. 2 -- The home-grown Zydex Group, a speciality chemicals company, entered into an exclusive licensed manufacturer-and-distributor partnership with Germany's mineral paint pioneer, KEIM... Read More