BUSINESS
Gland Pharma's ex-promoter Dr Ravi Penmetsa launches $150-mn block deal with upsize option
The floor price, which is at a discount of 7.3 percent, is likely to be at Rs 1,725 per share
BUSINESS
Nifty's pivot is on weak footings; convincing close above 22,500 must for next leg of rally
The weak price action structure coupled with unconvincing derivative data points indicates one needs to exercise caution.
BUSINESS
Bajaj Finance arm Bajaj Housing Finance picks Kotak, Axis, BofA, JM Fin and SBI Caps for mega IPO
This move marks the Bajaj Group's return to the public market after many years. The Board will meet on April 24 to address listing requirements.
BUSINESS
Blackstone-backed Aadhar HF gets Sebi nod for Rs 5,000-cr IPO post re-filing of draft papers
The affordable home financier had refiled its draft initial share sale documents with Sebi on February 2. Moneycontrol was the first to report the re-filing plans of the firm on January 30.
BUSINESS
Strength of public equity markets in India has given global investors more confidence: Blackstone's Jonathan Gray
President of Blackstone believes India has benefited from diversification of supply chains in Asia and a growth-focused government that has helped usher in reforms such as GST, IBC and REITs
BUSINESS
TPG-backed Sai Life Sciences picks 4 I-banks; to soon kick off Rs 5,000 cr-Rs 5,500 cr IPO
Before switching to the listing route, TPG-backed Sai Life Sciences had explored the sale of a controlling stake in the firm and conducted a sale process, which resulted in Bain Capital emerging as the front-runner in the final leg, according to a January 25 report by Moneycontrol. But talks between both parties did not fructify into a deal
BUSINESS
Temasek-owned Sheares Healthcare Group streamlines India operations post review
The Sheares Healthcare Group is wholly-owned by Temasek, which had a net portfolio value of around $284 billion at the end of the last financial year. It invests in, designs, builds and operates a network of healthcare facilities, including hospitals, clinics, specialist medical centres and senior living facilities
BUSINESS
Hinduja Group's IIHL in talks to acquire majority stake in Invesco AMC
Sundaram MF-Principal MF, HSBC AMC-L&T MF and Bandhan-led consortium acquiring IDFC MF are some of the transactions in the sector over the past few years.
TECHNOLOGY
Nothing Phone 3 likely launch date, India price leaked
Nothing Phone 3 is most likely to land in the Rs 40,000 – Rs 45,000 price range, and is likely to be propelled by Qualcomm's new Snapdragon 8s Gen 3 chipset.
TECHNOLOGY
OnePlus Nord CE4 smartphone: India launch, India price, review
New OnePlus phone OnePlus Nord CE4 comes in Celadon Marble and Dark Chrome and costs Rs 24,999 (8GB/128GB) and Rs 26,999 (8GB/256GB).
BUSINESS
Veteran dealmaker Atul Mehra joins Axis Capital as MD & CEO
Mehra began his career as an analyst at JM Financial in 1991 and departed the firm after a tenure of more than 32 years
BUSINESS
Get ready for higher volatility in April series, OI indicates Nifty at 21,000-23,000 range
If Call writers (bears) exit from the 22,500 strike, we may see Nifty scaling a new high in the April series.
BUSINESS
Big 4 veteran dealmaker Vivek Gupta joins Deloitte as Transactions and One FS Tax Leader
Gupta was earlier a Partner and National Head (M&A tax and PE tax) at KPMG
TECHNOLOGY
Honor Pad 9 goes on sale in India, lands in the sub Rs 25,000 segment
Tablets under Rs 25,000: Honor Pad 9 features eight speakers with a large sound cavity; an 8 MP front camera and 13 MP rear camera; and a Snapdragon 6 Gen 1 4nm chipset.
TECHNOLOGY
Gadgets round-up, March 2024: iPad Pro, Vivo V30 series, Realme 12+, OnePlus Watch 2 & more gadgets news this month
TECHNOLOGY
Apple announces dates for WWDC 2024; What we can expect this year
Apple is all set to unveil the developer version of iOS 18 at WWDC24 in June this year.
TECHNOLOGY
Realme Narzo 70 Pro 5G lands in the sub Rs 20,000 segment
The Realme Narzo 70 Pro 5G comes in Glass Green and Glass Gold. The 8GB/128GB variant costs Rs 19,999 while the 8GB/256GB option is priced at Rs 21,999.
TECHNOLOGY
Vivo X Fold 3 likely to debut in India
The Vivo X Fold 3 could be a game changer for the book type foldable segment.
TECHNOLOGY
Wireless charger under Rs 2,000: Ambrane launches AeroSync Quad a 4-in-1 wireless charger cum power bank
Kitted with a 10,000 mAh lithium-polymer battery, Ambrane’s AeroSync Quad Wireless Charger provides multiple charges for most smartphones and earbuds. Plus, if your phone case is less than 5mm in thick, you can leave it on while charging.
TECHNOLOGY
POCO C61 goes on sale in India
The device lands at a compelling price tag of Rs 6,999 for the 4GB/64GB option and Rs 7,999 for the 6GB/128GB option.
TECHNOLOGY
Realme 12x 5G all set to launch on April 2; Here’s what we know so far
Realme has pitched the device as India’s first 45W 5G phone in segment and features a massive 5000 mAh battery backed by a 45W SuperVOOC charger.
BUSINESS
Sterlite Power, GIC seal JV for India power transmission platform
Via this arrangement, Sterlite Power will own the majority stake of 51 percent and GIC will own the remaining stake.
BUSINESS
Bajaj Finance arm Bajaj Housing Finance starts preparation for IPO targeting $9-10 billion valuation
The IPO of the home financier marks the Bajaj Group's return to the public market after many years
BUSINESS
PE firm Olympus looks to sell nearly 10% stake in Aster DM Healthcare for $235 mn
The floor price is likely to be Rs 400 per share, which represents nearly 9% discount from current market price of Aster DM's stock
