The authorised share capital of LIC shall be Rs 25,000 crore divided into 2,500 crore shares of Rs 10 each, as per the amendments proposed in the Life Insurance Corporation Act, 1956

Wipro makes its largest acqusition of $1.45 billion in Capco In the largest ever acquisition made in the history of the company, Wipro has signed a definitive agreement to acquire London-headquartered management and technology consultancy company Capco, which provides digital, consulting and technology services to financial institutions in the Americas, Europe and the Asia Pacific region. The acquisition is an all cash deal and is expected to be completed during the quarter ending June 30, ...

SPAC, also called as a blank-check company, is a company without any commercial operations, formed to raise money from public investors for IPO.

Bay Capital, which manages money on behalf of institutions and endowments from the US and the Europe, has infused an undisclosed sum into the parent company PB Fintech of Policybazaar.com

MTAR Technologies IPO: Price band for the IPO has been fixed at Rs 574-575 per share. The Hyderabad-based firm raised Rs 180 crore from 15 anchor investors on Tuesday

Laser-sharp focus on asset quality helps Utkarsh maintain lead over others

Heranba Industries IPO allotment status: Those who had bid for the issue can check allotment status on BSE and online portal of Bigshare Services, the registrar to the issue

MTAR Technologies IPO to open on March 3: Here's everything you need to know about the ninth IPO of this calender year

Upcoming IPOs in March 2021: MTAR Technologies, Easy Trip Planners, Puranik Builders, Apeejay Surrendra Park Hotels, Laxmi Organic Industries, Suryoday Small Finance Bank, Craftsman Automation, Barbeque Nation Hospitality, ESAF Small Finance Bank and Kalyan Jewellers India

Stock Market News Updates Today: Sectorally, all the other indices were trading with decent gains. Metal index was up 2.5%, while private, PSU Bank and financial indices rose 1.5% to 2% today

MTAR Technologies IPO to open on March 3: The Hyderabad-basedcompany aims to raise up to Rs 600 from the three-day IPO which closes on March 5

The Rs 819-crore IPO of telecom infrastructure provider received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer

Stock Market Updates Today: Sectorally, except for IT and pharma index, all the other indices ended with decent gains. Private, PSU Bank and financial indices closed 3% higher today.

Over the past three years, Heranba's revenue grew at a CAGR of 13.3 per cent to Rs 951 crore in FY20 while its EBITDA and net profits grew at much faster pace of 21.4 per cent and 44.4 per cent, respectively, during the period

The basis of share allotment is expected to be finalised on March 2 and shares are likely to be credited to Demat accounts of investors on March 4. Equity shares are proposed to be listed on BSE and National Stock Exchange

Stock Market News Updates Today: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment

Ahead of the IPO, Heranba Industries shares were trading at Rs 732 in the grey market, quoting a premium of Rs 105 or 24 per cent over the issue price of Rs 627 apiece

The Rs 819-crore IPO of telecom infrastructure provider received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer

Stock Market News Updates Today: M&M, Axis Bank, L&T, Maruti traded among the top losers on Sensex pack. Meanwhile, ONGC, HDFC, Tech Mahindra traded among the top gainers

To further strengthen their financial health, the government is expected to infuse Rs 3,000 crore in the public sector general insurance companies during the current quarter