Don’t miss the latest developments in business and finance.

BSE Index

The company's total revenue grew to Rs 965.2 crore as against Rs 773.6 crore, up 24.77 per cent

Updated On: 15 Nov 2024 | 2:20 PM IST

Rosmerta Digital Services is looking to raise over Rs 206 crore through an initial public offering (IPO), which will open for subscription on November 18. The issue, with a price range of Rs 140 to Rs 147 apiece, will conclude on November 21. The bidding for anchor investors will open for a day on November 14, the company said in a public notice. The IPO will be a complete fresh issue of 140.36 lakh equity shares valued at Rs 206.33 crore at the upper end of the price band. The company will debut on the BSE SME platform. Rosmerta Digital Services Ltd, a subsidiary of Rosmerta Technologies Ltd (RTL), is engaged in providing digitally-enabled services and digitally-enabled channel sales of automotive components & accessories. The company initially offered vehicle registration services to Original Equipment Manufacturers (OEMs) and has since diversified into a comprehensive range of services, including garage services, last-mile delivery service, selling of automotive components and

Updated On: 12 Nov 2024 | 1:26 PM IST

Hyundai Motor IPO will open on Tuesday, October 15. Ahead of the IPO Mirae Asset has listed some key risks

Updated On: 14 Oct 2024 | 10:14 AM IST

Leading stock exchange BSE on Wednesday reported an over threefold surge in net profit to Rs 265 crore for the quarter ended June 2024. The exchange had posted a net profit of Rs 75 crore in the same quarter of the preceding fiscal, BSE said in a statement. The exchange has recorded its highest-ever quarterly financial performance with a revenue of Rs 674 crore in the April-June quarter in the current financial year FY25 as compared to Rs 271 crore in the year-ago period. "We have finished the first quarter strongly, with every business line contributing to revenue and profitability. This reflects the strength of our proposition, the improvements we have made to our products and the depth of our relationships with customers," BSE MD and CEO Sundararaman Ramamurthy said. The average daily turnover in the equity cash segment for the first quarter of FY25 stood at Rs 9,006 crore as compared to Rs 4,025 crore in the corresponding quarter of the previous year. BSE forayed into the sing

Updated On: 07 Aug 2024 | 8:13 PM IST

Landmark Cars' net profit dropped over 54 per cent to about Rs 11 crore in the fourth quarter of financial year 2024 (Q4FY24), from Rs 24.3 crore in the same quarter previous fiscal (Q4FY23)

Updated On: 24 May 2024 | 1:12 PM IST

From 0 to 21% less than a year, the bourse has seen making further stride

Updated On: 02 May 2024 | 12:04 AM IST

After the National Stock Exchange (NSE), rival bourse BSE on Thursday cautioned investors against deepfake videos of its MD and CEO Sundararaman Ramamurthy giving stock recommendations. In a statement, the exchange said it has noticed some fake, unauthorized and fraudulent videos and audios created through innovative and ingenious technology impersonating the BSE's top honcho are being circulated on social media recommending certain investments and advisory in stocks. In fact, BSE said its managing director and chief executive officer does not initiate or endorse any such communication through Facebook or any other social media platform. Also, the exchange asked investors not to trust such videos and audios and not to follow fake recommendations or unsolicited communication circulated through deceptive means impersonating Ramamurthy. Further, the exchange said it will initiate all possible steps to prevent misrepresentation by unknown elements. "In the meantime, investors/public a

Updated On: 18 Apr 2024 | 7:28 PM IST

The four new indices are Nifty Tata Group 25 per cent Cap, Nifty 500 Multicap India Manufacturing 50:30:20, Nifty 500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare

Updated On: 08 Apr 2024 | 11:46 AM IST

Since March 1 or in the past 17 trading days, the stock price of IIFL Finance has tanked 50 per cent after the Reserve Bank of India (RBI) barred the NBFC from sanctioning or disbursing gold loans

Updated On: 27 Mar 2024 | 2:06 PM IST

The Rs 224 crore-initial public offering (IPO) got bids for 7,665,765,155 shares against 56,000,435 shares on offer, according to data available with the NSE

Updated On: 04 Mar 2024 | 11:01 PM IST

Breaching the 73,000 mark for the first time in January, the benchmark index is up over 1 per cent this year

Updated On: 22 Feb 2024 | 9:21 AM IST

Despite these cuts, the brokerage maintains a buy rating on the stock

Updated On: 28 Dec 2023 | 10:40 PM IST

The market capitalisation of BSE-listed companies surged to an all-time high of Rs 355 lakh crore on Thursday, with investors becoming richer by Rs 3.83 lakh crore as the benchmark Sensex hit its all-time high level driven by a rally in global equities. Global markets rallied after the US Federal Reserve kept its key interest rate unchanged and signalled that they expect to make three quarter-point cuts to their benchmark interest rate next year. The 30-share BSE Sensex jumped 929.60 points or 1.34 per cent to settle at its all-time closing high of 70,514.20 points. During the day, it zoomed 1,018.29 points or 1.46 per cent to hit its record intra-day peak of 70,602.89 points. The market capitalisation (mcap) of BSE-listed firms hit a record high of Rs 3,55,02,238.83 crore (USD 4.26 trillion). Investors' wealth climbed by Rs 3,83,006.92 crore from Rs 3,51,19,231.91 crore on Wednesday. "The US Federal Reserve's decision to leave rates unchanged lifted the world equity market mood, .

Updated On: 14 Dec 2023 | 8:24 PM IST

More than 50 entities, largely comprising foreign funds, were among the buyers, including Societe Generale, Morgan Stanley, Goldman Sachs and UBS

Updated On: 14 Dec 2023 | 12:19 AM IST

The world's second-largest economy consumes almost half of the global metals supply. As a result, China's economic outlook has a huge bearing on metal prices

Updated On: 25 Oct 2023 | 11:08 PM IST

IL&FS Transportation Networks on Friday appointed Danny Samuel as CEO of the company. IL&FS Transportation Networks in a BSE filing said, Samuel was working as the Senior Vice President and Chief Operating Officer of Roadstar Investment Managers Limited. Roadstar Investment Managers Limited has been tasked with overall supervision and management of all the project assets of the Roadstar Infra Investment Trust. Samuel has 20-plus years of professional experience and has worked in the energy, roads and aviation sectors. Prior to taking on the current assignment, he was handling international assignments as CEO (APAC).

Updated On: 22 Sep 2023 | 7:07 PM IST

Jio Financial Services (JFS) was initially scheduled for removal by August 23

Updated On: 31 Aug 2023 | 4:57 PM IST

The traded value of Bankex on the previous weekly expiry on August 25 stood at Rs 4 crore, up from Rs 1.7 crore a week earlier

Updated On: 30 Aug 2023 | 11:40 PM IST

Offloads stress loans with dues worth Rs 915 cr

Updated On: 27 Aug 2023 | 7:46 PM IST

At the present moment, the regular trade timing session on NSE and BSE operates from 9:15 am to 3:30 pm for stocks

Updated On: 31 Jul 2023 | 12:44 PM IST