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Vodafone Idea surges on buzz of AGR relief package

Mumbai, Aug. 22 -- According to reports, the Prime Minister's Office (PMO) has initiated discussions on a proposal by the Department of Telecommunications (DoT) that could extend the moratorium period... Read More


Sensex drops 598 pts; FMCG shares slide

Mumbai, Aug. 22 -- The domestic equity indices traded with substantial losses in the mid-afternoon trade as investors booked profits despite of optimism surrounding Goods and Services Tax (GST) reform... Read More


Choice Consultancy Services wins various projects worth Rs 140 cr

Mumbai, Aug. 22 -- Choice International announced that its subsidiary, Choice Consultancy Services has secured significant development projects in the field of Housing, Agriculture, MSME development, ... Read More


RBI absorbs Rs 75,781 crore in 7-day VRRR auction at 5.49%

Mumbai, Aug. 22 -- The Reserve Bank of India (RBI) on Friday (22 August 2025) absorbed Rs 75,781 crore through a 7-day Variable Rate Reverse Repo (VRRR) auction, tightening liquidity in the banking sy... Read More


Patel Retail IPO ends with 95.70 times subscription

Mumbai, Aug. 22 -- The initial public offer of Patel Retail received bids for 74,79,89,460 shares as against 78,15,612 shares on offer. The issue was subscribed 95.70 times. The Qualified Institution... Read More


WestBridge Capital to acquire 15% stake in Edelweiss Asset Management

Mumbai, Aug. 22 -- Edelweiss Financial Services (EFSL) announced that WestBridge Capital is acquiring a 15% stake for a consideration of Rs 450 crore in Edelweiss Asset Management (the Asset Manager o... Read More


Gold trades rangebound on Fed caution; Powell speech in focus

Mumbai, Aug. 22 -- Gold futures slipped below $3370 an ounce on Friday, weighed down by a stronger US dollar and caution ahead of Fed Chair Powell's speech at Jackson Hole. The dollar index climbed ab... Read More


Gem Aromatics ends with 30.27 times subscription

Mumbai, Aug. 22 -- The initial public offer of Gem Aromatics received bids for 29,61,15,202 shares as against 97,82,363 shares on offer. The issue was subscribed 30.27 times. The Qualified Institutio... Read More


Nifty slips below 24,950 mark; European mrkt opens lower

Mumbai, Aug. 22 -- The headline equity indices traded with significant losses in the afternoon trade as investors booked profits despite of optimism surrounding Goods and Services Tax (GST) reforms. M... Read More


Bhartiya International's bank facilities put on rating watch

Mumbai, Aug. 22 -- India Ratings and Research (Ind-Ra) has placed Bhartiya International's bank loan facilities on Rating Watch with Negative Implications. The rating assigned is IND BBB/ IND A2. Pub... Read More