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SBI Mutual Fund trims stake in Ather Energy to 5% after partial profit booking. Details here

New Delhi, July 23 -- SBI Mutual Fund has further trimmed its stake in the Indian electric vehicle (EV) company, Ather Energy, bringing its holding to 5% in the company. The shareholding of SBI Mutua... Read More


Lohia Corp IPO: Issue receives modest response on Day 1, subscribed 0.40 times; GMP signals muted listing

New Delhi, July 23 -- The initial public offering (IPO) of Lohia Corp witnessed modest demand from retail and non-institutional investors on the first day of bidding on July 23. The IPO, which will r... Read More


Newly-listed SME stock DSM Fresh Foods jumps over 30% in 2 days after reporting a 58% YoY jump in Q1 revenue

New Delhi, July 23 -- Newly-listed SME stock DSM Fresh Foods surged nearly 32% in just two consecutive sessions, defying weak market sentiment, after the company reported a 58% year-on-year (YoY) jump... Read More


Swiggy Caps Foreign Ownership At 49.5% To Become Indian-Owned, Controlled Company

India, July 23 -- In continuation to its attempt at becoming an Indian owned and controlled company (IOCC) Swiggy's board has approved a proposal of capping its aggregate foreign ownership at 49.5%. T... Read More


Raja Venkatraman recommends three stocks for 23 July

Stock market recap, July 23 -- Indian equities witnessed an across-the-board selloff on Wednesday, 22 July, with the benchmark indices falling by nearly 1% each, while the mid- and small-cap segments ... Read More


Indigo posts net loss of Rs 2,380 crore in Q1 FY27

Mumbai, July 23 -- Excluding the impact of foreign exchange, the company has registered a net loss of Rs 5.6 crore during the period under review. Revenue from operations increased 19.9% year-on-year... Read More


Stock recommendations for 23 July from MarketSmith India

New Delhi, July 23 -- The Indian equity market saw a broad selloff on Wednesday, weighed down by escalating geopolitical tensions and aggressive US trade policy announcements. Sensex tumbled 715 poin... Read More


IOB wipes out Rs.20,000-cr accumulated losses, to raise Rs.5,000 cr in share sale

New Delhi, July 23 -- Indian Overseas Bank (IOB) has wiped out nearly Rs.20,000 crore of accumulated losses, completing a major balance-sheet clean-up that has made the state-owned lender eligible to ... Read More


West Asia war pushes ONGC to plan India's first strategic gas reserve

New Delhi, July 23 -- State-run Oil and Natural Gas Corp. Ltd, or ONGC, is planning to create India's first strategic natural gas reserve near its gas-producing assets in western India, according to t... Read More


BusinessNext raises $40 million from ServiceNow for SEA and Australia expansion

Bengaluru/Mumbai, July 23 -- Autonomous banking platform BusinessNext has raised $40 million in a Series B round from ServiceNow Ventures, the venture capital arm of US-based cloud computing software ... Read More