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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


New India Assurance Company announces appointment of Govt. Nominee Director

Mumbai, Aug. 22 -- New India Assurance Company announced that Shwetha Rao B has been appointed as Government Nominee Director on the board of the company. Published by HT Digital Content Services wit... Read More


Oriental Rail Infra rises after arm secures Rs 60-cr order from Ministry of Railways

Mumbai, Aug. 22 -- According to an exchange filing, the order includes the manufacture and supply of Constant Contact Side Bearers (CCSB) for Broad Gauge (BG) bogie wagons. This follows a tender issue... Read More


HDB Financial Services allots NCDs aggregating Rs 510 cr

Mumbai, Aug. 22 -- HDB Financial Services has allotted 51,000 NCDs, at face value of Rs. 1,00,000/- each aggregating to Rs. 510 crore on private placement basis on 22 August 2025. Published by HT Dig... Read More


Ircon International receives LoA for project worth Rs 510 cr

Mumbai, Aug. 22 -- Ircon International has been awarded with Letter of Award for the project floated by Meghalaya Infrastructure Development & Finance Corporation , Shillong, Meghalaya. The project e... Read More


Godrej Consumer Products Ltd up for fifth session

Mumbai, Aug. 22 -- Godrej Consumer Products Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1260.9, up 1.08% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is d... Read More