The Reserve Bank of India has declared its monetary policy for April 2021. The six-member Monetary Policy Committee has retained the 'accommodative' policy stance.
Macrotech Developers has launched its IPO for subscriptions on Wednesday, aiming to raise Rs 2,500 crore. Here are important things to know before subscribing to the issue.
Shares of Sobha have increased by around 9 percent on Tuesday. The shares rose to Rs 464.60. The new sales of Sobha rose to 13,37,707 square feet in Q4FY21.
Panacea Biotec shares surged by up to 20 percent on Tuesday. The pharma company has agreed to produce 10 crore doses of the Sputnik V Covid-19 vaccine per year.
Edtech firm Byju’s is set to acquire the Indian tutoring firm Aakash Educational Services through a cash and stock deal amounting to almost $1 billion.
Social commerce startup Meesho has raised $300 million in a fresh funding round of SoftBank Vision Fund 2. The valuation of the startup has risen to $2.1 billion.
In the race to buy government carrier Air India, Tata Sons Limited and the government have completed a major deal. Sources have revealed that Tata will file its bid before the end of this month.
Adani Ports and Special Economic Zone Ltd has completed the finalization of the remaining 25% stake in Krishnapatnam Port for a consideration of Rs 2,800 crore.
Gold prices are on an incline in following a decline in previous sessions. Gold prices are at Rs 43,910 per 10 grams for 22-carat gold. Silver prices are at Rs 65,010 per kg.
Macrotech Developers Ltd. would be launching its IPO in the next week. Through the initial public offering would be offering equity shares amounting to Rs 2,500 crore.