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Analysts at Kotak project a 25 percent year-on-year growth in Zomato's food delivery gross merchandise value (GMV) and an impressive 99 percent on year growth in Blinkit GMV.
GE Power has informed that the proposed spin-off of the energy business was completed on April 2, and accordingly, the ultimate holding of GE Power India has changed from General Electric Company to GE Vernova Inc.
This figure marks a notable increase from FY23 and FY22, with 48 firms achieving a market capitalisation exceeding Rs 1 lakh crore each year. In FY21, the count stood at merely 36. Contrastingly, FY20 saw 19 such firms, a decrease from FY19 and FY18 when 29 and 27 listed companies reached this milestone, respectively
It was in November that Aster DM Healthcare got the board's approvals to separate its India and Gulf Cooperation Council businesses
Foreign investors cut their stake in HDFC Bank by 4.5 percent to 47.8 percent in the March quarter, according to the latest shareholding pattern on BSE. Meanwhile, Mutual funds increased their holdings by 3.72 percent to 23.17 percent from 19.45 percent a quarter ago.