A multi-billion-dollar incentive scheme for semiconductor manufacturing companies could be launched after the new government takes charge, according to a report by the Times of India. The results for the ongoing Lok Sabha elections 2024 will be declared on June 4.The package will follow the Rs 76,000-crore scheme announced in December 2021 to support the manufacturing of chips in the country. Acco...

The recent surge in bond yields in US financial markets has reverberated across the global economic landscape, raising fears and contributing to heightened volatility throughout the week. Nevertheless, easing tensions in the Middle East and a notable decline in oil prices helped the global equity markets recover.In India, the week saw strong activity within the mid-and small-cap sectors, where ove...

Shares of Jubilant Pharmova touched a 52-week high of 699.15 in early trade on April 18 after the company's arm received a 'voluntary action indicated' (VAI) status from the US Food and Drug Administration (US FDA).At 9:21 am, Jubilant Pharmova was quoting Rs 682.00, up Rs 10.40, or 1.55 percent, on the BSE.Jubilant Pharmova Limited’s wholly owned subsidiary Jubilant Pharma Limited, announced th...

Adani Group eyes $1 billion in foreign currency bonds for expansion, It Was reported on February 28 that the Adani group has embarked on a series of overseas roadshows for bondholders to bolster investor confidence around its businesses before fresh bond sales.Adani Group is in advanced talks with investors to raise as much as $1 billion through foreign currency bonds for three group entities: gro...

Shareblock in India raise $7.1 billion as Tata, BAT cash in, Shareholders have raised $7.1 billion selling their holdings in India so far this year, with the quarter on track to have raised the most from block trades since the January to March period in 2010, data compiled by Bloomberg show.Block trades in India are close to capping their best quarter in 14 years as the country’s booming stock m...