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CCI clears Rs 4,630 cr deal between Warburg Pincus, Shriram Housing Finance
The Competition Commission of India (CCI) has approved Warburg Pincus' acquisition of Shriram Housing Finance through its affiliate Mango Crest Investment, valued at Rs 4,630 crore.
Shriram Finance to sell housing finance subsidiary to Warburg Pincus for Rs 4,630 crore
Warburg Pincus will acquire the stake through its affiliate Mango Crest Investment from all the sellers. Shriram Finance (SFL) holds a controlling stake in SHFL while private equity firm Valiant Partners L.P. (Valiant), Mauritius, holds the remaining ownership. As a part of this transaction, Valiant will also completely divest its equity stake to Warburg Pincus, the company filing said.
Spacetech startup EtherealX raises funding from Campus Fund, others
The funding amount, which was not disclosed, will be used for the EtherealX’s 40 kilonewton, privately developed semi-cryogenic rocket engine, founder and CEO Manu Nair told ET.
Rajnath Singh unveils crest of India guided missile destroyer Imphal
The ship was delivered to the Indian Navy on October 20 by Mazagon Dock Shipbuilders Limited (MDL), Mumbai. The crest unveiling ceremony in Delhi was graced by Manipur Chief Minister N Biren Singh, Chief of Defence Staff Gen Anil Chauhan and Navy Chief Admiral R Hari Kumar.
Gujarat CM unveils crest of Indian Navy warship 'Surat'
The crest of the Indian Navy's latest guided missile destroyer, 'Surat,' was unveiled in the city of Surat. Chief Minister Bhupendra Patel, along with Chief of Naval Staff Admiral R Hari Kumar and other senior officers, graced the ceremony that took place on November 6.
Crest of Navy warship 'Surat' unveiled
The crest of the Indian Navy's latest guided missile destroyer, named 'Surat,' was unveiled in a ceremony in Surat city. This marks the first warship to be named after a city in Gujarat, and the crest unveiling took place in the same city after which the warship was named
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In a first, crest of Navy warship 'Surat' to be unveiled in city it is named after
The ceremony to unveil the crest will be held in Surat, with Vice Admiral Dinesh Kumar Tripathi, Flag Officer Commanding in Chief, Western Naval Command and Rear Admiral Anil Jaggi, Flag Officer Commanding Gujarat Naval Area in attendance, the release informed. Defence Minister Rajnath Singh had launched this indigenously constructed ship, which is a guided missile destroyer, in March last year at Mumbai.
Bombay HC turns down Dish TV promoter company's plea on pledged shares
Dish TV's promoter had sought to restrain the lender from exercising its voting rights, interfering in or seeking to participate in the management and affairs of the company, or claiming rights to the shares. "In the present case, the use of the pledged goods will include the exercise of voting rights since the pledged goods are shares," observed Justice RI Chagla while disposing of an application filed by Dish TV promoters.
British Columbia Investment to participate in Brookfield’s Rs 4,033 cr OFS of tower InvIT
Canadian pension fund manager British Columbia Investment is participating in the Rs 4,033 crore offer for sale of Brookfield’s stake in Data Infrastructure Trust, an infrastructure investment trust (InvIT) holding telecom tower assets, said sources aware of the development.
Boris Johnson's lavish swimming pool plans hampered by protected species crested newts
Former UK Prime Minister Boris Johnson's plans to construct a swimming pool at his Oxfordshire house have been criticised fearing that it may put the protected species crested newts in danger. What is the truth?
DLF’s The Crest recognised by US Green Building Council for energy conservation
The US Green Building Council (USGBC) has awarded ‘The Crest’ a residential development by DLF, project of the year as part of its 2023 LEED Homes Awards, which recognises projects, developers and builders that have demonstrated leadership in the residential green building marketplace.
Stock market update: Nifty IT index advances 0.11% in a weak market
The Nifty IT index was trading 0.11 per cent up at 28738.75.
Stock market update: Stocks that hit 52-week highs on NSE
Subros, Keerti Knowledge, Oil Country Tub, Krishca Strapping So and Crest Ventures, hit their fresh 52-week highs at 10:45AM.
Stock market update: Nifty Pharma index falls 0.29% in a weak market
The Nifty Pharma index was trading 0.29 per cent down at 13226.3.
Stock market update: Nifty Realty index advances 0.08% in a weak market
The Nifty Realty index was trading 0.08 per cent up at 513.75.
Sensex falls! These stocks are down 5% or more on BSE
In the Nifty pack, 24 stocks were trading in the green, while 26 stocks were trading in the red.
Stock market update: Nifty Bank index falls 0.39% in a weak market
The Nifty Bank index was trading 0.39 per cent down at 43462.1.
Stock market update: Nifty Pharma index advances 0.17%
The Nifty Pharma index closed 0.17 per cent up at 13264.65.
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Skipper Ltd, Crest Ventures, Rollatainers Ltd, HPL Electric Power and De Neers Tools, hit their fresh 52-week highs during the day.
Stock market update: Nifty IT index advances 0.42%
The Nifty IT index closed 0.42 per cent up at 28708.3.
Stock market update: Nifty Realty index falls 0.73%
The Nifty Realty index closed 0.73 per cent down at 513.35.
Stock market update: Nifty Bank index falls 0.69%
The Nifty Bank index closed 0.69 per cent down at 43633.75.
Stock market update: Nifty Auto index falls 0.62%
The Nifty Auto index closed 0.62 per cent down at 14676.7.
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
Adani Ent., Kotak Bank, Hero MotoCorp, Axis Bank and Adani Ports SEZ were among the top losers on NSE in today's trade.
Sensex falls! These stocks fell 5% or more in Monday's session
In the Nifty pack, 14 stocks closed in the green, while 36 stocks ended in the red.
Stock market update: Nifty Pharma index advances 0.5% in a weak market
The Nifty Pharma index was trading 0.5 per cent up at 13308.3.
Stock market update: Nifty Bank index falls 0.57% in a weak market
The Nifty Bank index was trading 0.57 per cent down at 43688.7.
Stock market update: Stocks that hit 52-week lows on NSE
Kotak Bank, Axis Bank, IndusInd Bank, Adani Ent. and ICICI Bank were among the top losers on NSE.
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