Johns Lyng Group Ltd Accepts $1.1 Billion Takeover Offer Johns Lyng Group Ltd (ASX: JLG) has accepted a takeover offer from PEP, which values its equity at approximately $1.1 billion and implies an enterprise value (EV) of $1.3 billion.
St Barbara’s Exploration Update: A Major Boost for Indian Gold Investors The ASX All Ords gold stock has been under pressure in recent months, but its latest exploration update has breathed new life into the company’s shares. St Barbara Ltd (ASX: SBM) has been actively drilling in Papua New Guinea, and the results are promising.
A Bold Strategy The company’s bold strategy includes a proposed equity dilution exceeding 10 percent, targeting a market capitalization around Rs 50,000 crore. This ambitious financial maneuver underscores the growing importance of renewables in India’s energy landscape.
IT Stocks Under Pressure After TCS Q1 Results Shares of Tata Consultancy Services (TCS) fell over 2.5% during the day after the company reported its Q1FY25 results. While net profit rose 6% to Rs 12,760 crore (largely aided by non-core income), revenue declined by nearly 3% on a constant currency basis due to macro headwinds
Pikachu’s Story Pikachu, a stray dog who was rescued as a puppy, soon became everyone’s favourite in the neighbourhood. The locals adored him so much that they built a memorial for him when he passed away, as a testament to the bond they shared with him.
Travel Food Services IPO Listing Today: What GMP Signals Ahead Of Market Debut On BSE, NSE Travel Food Services IPO is set for market debut on the exchanges today, Monday, July 14. Shares are expected to list on both BSE and NSE at 10:00 am.
When Theory Meets Reality Reddy’s memoirs are a treasure trove of insights into the complexities of economic policy-making. He shares his experiences of introducing the crucial balancing investment scheme, which aimed to improve efficiencies by completing projects that were 80% complete. While the scheme seemed like an obvious solution, it had unintended consequences that Reddy
US-Based Investment Firm Jane Street Group Deposits ₹4,843 Cr with SEBI Mumbai: In a significant development, US-based investment firm Jane Street Group (JS Group) has deposited a sum of over ₹4,843.57 crore in an escrow account, with a lien marked in favour of the Securities and Exchange Board of India (SEBI), the market regulator confirmed
FTSE 100 Hits 9,000 Points: A New Record High for British Economy The FTSE 100 share index has hit a new record high, reaching 9,016.98 points for the first time ever. This milestone marks a significant achievement for the British economy, which has been experiencing a resurgence in recent years.
Rate Cuts: A possibility? Speaking to a TV channel, Malhotra said, ‘We’re in a neutral stance, which means we can move in either direction depending on the outlook, not just the current data.’
