SEBI puts hold on Adani Wilmar’s Rs 4,500 crore IPO
The IPO was stalled due to an investigation that is pending against the port to energy entity of Adani group.
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Zydus Cadila’s ZyCoV-D vaccine gets emergency use approval in India
The vaccine was developed in partnership with the Department of Biotechnology, Government of India under the ‘Mission COVID Suraksha’.
Bengaluru-based startup Zetwerk raises $150 million, enters unicorn club
The company raised $120 million in a Series D round led by US-based Greenoaks Capital and Lightspeed Venture Partners in February, which doubled its valuation to $600 million.
Viacom18 bags TV, digital rights of Italian Lega Serie A for Indian sub-continent
The latest edition of Italian Serie A will kick off on Saturday, 21st August at 10 PM IST. The matches will be available to watch on Voot, Viacom18’s TV channels, and Jio.
Relative of German journalist killed by Taliban, claims Deutsche Welle
The Islamist militant movement had promised it would allow free media - banned when it was last in power from 1996 to 2001 - when it gave its first news conference on Tuesday since capturing the capital Kabul.
Jewellers to go on strike on August 23 against mandatory gold hallmarking
“The one-day token strike is our peaceful protest against the arbitrary implementation of HUID (hallmark unique identification number), which is impractical and unimplementable," Ashok Minawala, ex-Chairman of GJC said.
Microsoft invests $5 million in OYO at $9.6 billion valuation
In July 2021 it was reported that Microsoft was looking to invest an undisclosed amount of money in the hospitality firm ahead of its initial public offering (IPO).
TVS to launch Apache RR310 on August 30, Details here
The new Apache will feature new updates like better tyres and a modified engine. It will also feature a revised headlamp e design and will be available in new colour schemes.
UAE bans IndiGo to recommence flights from India till August 24
UAE had earlier announced that all IndiGo flights will be suspended till August 24. The flights were banned on Tuesday as many passengers failed to take the mandatory RT-PCR test at the departure airport.
Nifty metal index plunge 6%; Tata Steel shares drop by 8%
According to analysts at Edelweiss Securities, an increase in interest rates, taper tantrums in the US, and concerns around inflation pose key macro risks for the metal and mining sector.
Hindustan Unilever reaches mcap of Rs 6 trillion for first time
The company’s share prices hit an all-time high of Rs. ₹2,580 on BSE. In the past week, HUL’s share prices rallied almost 7 per cent and saw a gain of 2.8 per cent in the S&P BSE FMCG index.
Vodafone Idea claims of paying all licence fees dues for Q1 of FY21
"VIL has paid its license fee dues for first quarter 2021-22," a VIL spokesperson said in response to an email query by PTI.
Param Bir Singh fined Rs 25,000 by Inquiry Commission
This is the second time a fine has been imposed on the police commissioner. According to PTI, in June, the commission had asked the senior IPS officer to pay a fine of Rs 5,000 for not appearing before it despite a summons.
Vodafone Idea shares gains over 18% after two days of under-performance
Currently, the price stands at Rs. 6.35 apiece. The share touched a 52-week high of Rs 13.80 and a 52-week low of Rs 4.55 on 15 January 2021 and 05 August 2021, respectively.
India Ratings revise India’s FY22 GDP forecast to 9.4%
In June the agency had estimated 9.6% year-on-year (YoY) growth in FY22 adding that it may slip to 9.1%.
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