Market manage to end with gains, up 131 points for the week

Feb 24 2018 | 1 hrs ago

The market managed to end with gains for the week as the Sensex rose 131.39 points to close 34,142.15, while Nifty gained 38.75 points to conclude at 10,491.05.

Dropbox files for IPO of up to $500 million

Feb 24 2018 | 4 hrs ago

Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million with the U.S. Securities and Exchange Commission.

Sembcorp to raise $380 mn from asset sales, plan India energy IPO

Feb 23 2018

Sembcorp expects to raise about $380 mn from the sale of some utilities assets and plans to list its Indian energy business, as it reported a plunge in quarterly profit.

Bharat Dynamics, IREDA get Sebi's go-ahead for IPO

Feb 22 2018

Bharat Dynamics and IREDA - have received Sebi's go-ahead to float initial public offerings.

Financial services firm SimplyBiz eyes 150 million pound London IPO

Feb 21 2018

British company SimplyBiz is joining a queue of financial services firms preparing for flotations of 150 million pound in London stock market IPO.

For timing of Aramco IPO, watch forward oil price curve

Feb 19 2018

Industry experts are focusing on the current level of oil prices. However another key consideration for Saudi officials in floating up to 5 % of the state oil producer.

8 PSUs to hit capital markets next fiscal: DIPAM Secy

Feb 18 2018

As many as 8 public sector companies will hit the capital markets next fiscal as the govt intends to unlock the real value of PSUs and bring in greater accountability.

Rakesh Jhunjhunwala-backed John Energy files Rs 350-cr IPO papers

Feb 18 2018

John Energy, backed by ace investor Rakesh Jhunjhunwala, has filed draft papers with Sebi to raise an estimated Rs 350 crore through an initial public offering.

Retail investors in IPO to get compensation: Markets regulator Sebi

Feb 15 2018

Markets regulator Sebi said retail investors applying for shares in IPOs would need to be compensated if bankers fail to make the allotment despite their eligibility.

Aster DM Healthcare $153 million IPO subscribed 1.3 times

Feb 15 2018

UAE based Aster DM Healthcare Ltd’s IPO of shares on the Indian exchanges to raise 9.80 billion rupees was subscribed 1.3 times on the last day of the sale on Thursday.

Indian Markets


    34,142.15 322.65   (0.95 %)

    10,491.05 108.35   (1.04 %)

Global Markets


Stocks In News



Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst


4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years


Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey


Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations


To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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