Vodafone Idea Friday said its board has cleared amending the shareholders’ agreement to allow promoters Aditya Birla Group and Vodafone Group to retain governance and management rights in the company. “The Board of Directors at its meeting held today i.e. on 2 May 2025 have inter-alia resolved to…amend certain clauses of the Shareholders’ Agreement (to…
READ MORENew Delhi, Markets regulator Sebi on Friday proposed to rationalise the content of the placement document of Qualified Institutions Placement (QIP) by prescribing only the relevant information regarding the issue. Presently, in QIPs the issuer is required to disclose the details in the placement document as prescribed under ICDR (Issue of Capital and Disclosure Requirements)…
READ MORENew Delhi, Markets regulator Sebi on Friday proposed alignment of valuation report timelines with financial results for real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). These proposals are aimed at promoting ease of doing business, Sebi said in its consultation paper. Under the present rule, REITs and InvITs are required to get their…
READ MORESynopsis At this juncture in the market, it is important to look at the macro picture of the sector and the Q4 numbers of the company before making investment decisions. If there is a decline in Q4 performance with no logical reason for the decline, stay away from the stock. Now, what do we mean…
READ MOREPrestige Hotel Ventures has filed its Draft Red Herring Prospectus with the market regulator, Securities and Exchange Board of India, to raise Rs 2,700 crore via its initial public offering (IPO). The IPO comprises a fresh issue of equity shares of face value of Rs 5 each, aggregating up to Rs 1,700 crore and an…
READ MOREWith the ever-increasing options available to homeowners when it comes to decor, keeping a track often becomes difficult. It is due to this very reason that proper research and awareness is extremely important while making decor choices; and the first step is to have knowledge about the materials to be employed. Basalt is a common…
READ MOREDomestic markets extended their consolidation for the second consecutive session on Wednesday with Nifty closing flat at 24,334. Analysts expect the market to trade in a range-bound manner with stock/sector specific action, driven by Q4 earnings announcements. STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded…
READ MOREAsian stocks edged up and US equity-index futures erased losses Friday after China said it’s evaluating possible trade talks with the US. The MSCI Asia Pacific Index gained 0.1% after China’s Ministry of Commerce said it’s evaluating negotiations. Japanese shares gained 1.1% on positive comments from Japan’s chief trade negotiator. Futures contracts for the S&P…
READ MOREU.S. stocks advanced on Thursday, with the Dow and S&P 500 posting their eighth straight session of gains after strong results from megacaps Microsoft and Meta eased concerns about artificial intelligence spending. Microsoft surged 7.6% and closed at its highest level since late January, driven by an upbeat quarterly growth forecast for its cloud-computing business…
READ MOREShares of both Apple and Amazon.com eased in after-hours trading on Thursday, with forecasts including Apple’s estimated tariff costs disappointing investors after U.S. tech-related shares jumped earlier in the day. Apple’s stock was down 4% after the bell. While the company’s results were better than analysts had expected, CEO Tim Cook said estimated tariffs will…
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