The world’s largest private equity fund Blackstone may sell up to a 15% stake in the IT major Mphasis for an estimated value of Rs 6,697 crore ($803 million) through a block deal on Monday, according to deal term sheet reviewed by ET. This would be the second-largest block deal this year after British American…
“I think primarily it is the NBFCs which is there, which actually the NBFC MFIs where this issue is in terms of the higher rates. Spandana has announced that they are going to cut rates. So, we are seeing this trend across all the MFIs. And it should play out for the other MFIs also…
European shares closed higher on Thursday, boosted by banking, technology and healthcare stocks, though they finished below session highs after the European Central Bank cut lending rates for the first time since 2019 but left the timing of future moves unclear. The pan-European STOXX 600 closed 0.7% higher, off record high levels hit earlier in…
You are here: ET Home» 404 page 404 ERROR You can search EconomicTimes.com for similar content, browse our most read articles, or go to our Home Page Last updated on 6 Jun,2024 02:47 PM Refresh Lok Sabha Election Winner List 2024: Here is the full list of all 543 BJP, Congress, SP, TMC and other victorious…
Mumbai: TMC MP Saket Gokhale has asked securities market regulator Sebi to investigate the June 3 stock market manipulation triggered by election exit polls. In a letter to Sebi chief Madhabi Puri Buch, Gokhale said multiple exit polls predicted a landslide win for the BJP. But, one exit poll predicted “extremely strange” and “inflated seat…
India VIX slipped below 20 on Wednesday witnessing a 30% intraday fall over the previous closing as markets came to terms with election outcome which has given the National Democratic Alliance (NDA) a comfortable majority although less emphatic than the exit polls predicted. The intraday low hit by the Nifty fear index was 18.68, a…
Hello and welcome to a brand-new episode of ET MARKET WATCH – your daily podcast for daily market updates. I am Neha Vashishth Mahajan, let’s hear the top highlights of the day. After falling over 6,000 points during the day, BSE’s Sensex closed 5.4% down at 72,079 while the broader NSE Nifty dropped 5.93% and…
European shares slipped on Tuesday as weakness in crude prices dragged energy stocks, while investors refrained from placing huge bets before the European Central Bank’s interest rate decision later this week. The continent-wide STOXX 600 was down 0.4% by 0810 GMT, snapping a three-day winning streak. Energy stocks dropped 2% to hit over a two-month…
Hello and welcome to a brand-new episode of ET MARKET WATCH – your daily podcast for daily market updates. I am Neha Vashishth Mahajan, let’s hear the top highlights of the day. Sensex touched its lifetime peak of 76,738 intraday post-exit poll projections. Well, not only this – markets saw a bumper rally on Monday….
The initial public offering (IPO) of Kronox Lab Sciences received a strong response from investors as the issue was fully subscribed within an hour of opening earlier today. Overall, the subscription stood at nearly 6 times, driven by strong interest from retail and non-institutional investors. The categories reserved for retail and NIIs were booked over…
