As per company's DHRP, its main objective for the issue is to meet the upcoming capital expenditure requirement for manufacturing facility expansion at Pudukkottai, Tamil Nadu, to purchase tinting machines and gyroshakers and repay all or certain borrowings

Jupiter Capital continues to hold a significant part of its holding in Lakshmi Vilas Bank

Stocks to watch today on September 9: IRCTC, Wipro, Future Consumer, PowerGrid, CG Power among others are the top stocks to watch out for in Wednesday's trading session.

Sensex, Nifty Live News Today: Indian indices were the top laggards amongst the key global indices, since the average peak achieved in February 2020. Since then, Brazil index has fallen 40%, followed by India, where the decline stands at 36%. Compared to this, other key indices average decline stands around 31-28% from peak.

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

Formerly known as Catholic Syrian Bank, the private sector bank aims to raise Rs 410 crore by issuing fresh equity shares and offer for sale of shares by existing shareholders

Share Market Update: All the sectoral indices closed on the red, with major declines seen in PSU Bank, which was down by almost 5.20 % and PVT bank down at 2%, followed by other major indices like Pharma, Realty, Media and Metal, each declining over 1%. 

Punjab would be selling securities of Rs 600 crore and Kerala Rs 500 crore; Goa and Nagaland plan to raise Rs 100 crore each

The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system

Innovative and disruptive strategies are helping Kalyan Jewellers beat competition; now, it wants to more than double revenues and the number of stores in five years.

V Vaidyanathan, the new boss of the merged entity, has had a good run but now faces challenges and high expectations.

\"The spectrum trading deal between Bharti Airtel and Aircel was cleared by the telecom minister on July 4,\" an official source told PTI.

Taking forward its task of recovering dues from Sahara, markets regulator SEBI will sell a total of 16 land parcels of the beleaguered group, through e-auction next month, at a reserve price of about Rs 1,900 crore.

HDFC Realty has been asked to auction a total of 31 land parcels at Rs 2,400 crore, while SBI Cap has been tasked to auction another 30 land properties with an estimated market value of about Rs 4,100 crore.

Apart from the choice of traditional EPC model, sharp focus on the segments, as well as a tight rein on costs, has helped these companies survive.

The 72 applicants for small finance bank licences are a mixed lot, indeed, a good number having had nothing to do with banking before.

The Board has also accepted the resignations of Maran, Kavery Kalanithi and S Natrajhen with immediate effect.

One big reason for investing in a small-cap stock is that most investors are on the lookout for the next great growth company such as Infosys during its early years. Small-cap stocks can give huge returns. But investors must not lose sight of the risks involved.