Articles written by Arpit Nayak - Benzinga

Glenmark Life Sciences Gains As Parent May Shed Stake Eyeing Lower Debt, US Plans

Glenmark Life Sciences Gains As Parent May Shed Stake Eyeing Lower Debt, US Plans

As per shareholding patterns for the June quarter, Glenmark Pharma currently holds a majority stake of 82.85% in Glenmark Life Sciences.

This Ashish Dhawan-Backed Small Cap Stock Is Rising As HDFC AMC Gets Investment Nod

This Ashish Dhawan-Backed Small Cap Stock Is Rising As HDFC AMC Gets Investment Nod

HDFC Asset Management Company can acquire an "aggregate holding" of up to 9.5% of the paid-up equity capital or voting rights of the small finance lender, which would be worth a little under ₹900 crore at Equitas' current market cap.

Why Is This IT Large Cap Falling Despite Inking Major Partnership?

Why Is This IT Large Cap Falling Despite Inking Major Partnership?

Infosys is also one of the companies that may be affected by rising diplomatic tensions between India and Canada.

Asus To 'Make In India' As Tech Giant Looks To Tap Into Big Incentives

Asus To 'Make In India' As Tech Giant Looks To Tap Into Big Incentives

Currently, about 80% of Asus's production is from China. Chang envisions India becoming one of the firm's top global manufacturing sites, thanks to the PLI scheme.

Adani Firm Gets Green Light For Investment From French Energy Giant, Shares Still Slide

Adani Firm Gets Green Light For Investment From French Energy Giant, Shares Still Slide

TotalEnergies currently holds a 19.75% stake in Adani Green Energy, making it the second-largest shareholder after the promoters, who have a 56.27% stake.

India-Canada Tensions: Listed Indian Firms That Could Feel The Heat From Strain In Ties

India-Canada Tensions: Listed Indian Firms That Could Feel The Heat From Strain In Ties

Indian companies have invested C$6.6 billion (₹40,800 crore) and generated 17,000 jobs in Canada, according to a report.

Govt-Owned Mid Cap Stock Climbs On Securing ₹150 Cr Contract

Govt-Owned Mid Cap Stock Climbs On Securing ₹150 Cr Contract

In addition, NBCC had earlier this month signed a quadripartite memorandum of understanding with Rastriya Ispat Nigam Limited to facilitate the monetisation of non-core assets situated in Vishakhapatnam.

Adani's Troubles In Mauritius, Tata Steel's Relief In UK And More: Stories From The Weekend You Can't Miss

Adani's Troubles In Mauritius, Tata Steel's Relief In UK And More: Stories From The Weekend You Can't Miss

All the top stories from the weekend in one convenient spot.

Netflix Bets On Yash Raj Films To Bring The Masala To India Gameplan

Netflix Bets On Yash Raj Films To Bring The Masala To India Gameplan

This collaboration aligns with Netflix's strategy to amplify its presence in the Indian market by delivering localised content.

Airtel Hit With ₹2.43 Cr GST Penalty, Shares Feel The Heat

Airtel Hit With ₹2.43 Cr GST Penalty, Shares Feel The Heat

Airtel said in an exchange filing that its Jaipur office received the claim on September 12.

LIC Cuts Stake In This Large Cap Stock, But Shares Keep Climbing

LIC Cuts Stake In This Large Cap Stock, But Shares Keep Climbing

With this move, LIC's stake in the pharmaceutical company has decreased from 5.023% to 3.012% of the paid-up capital.

LIC, HDFC-Backed Large Cap Pharma Hit By Reports Of IT Raid, Shares Tank

LIC, HDFC-Backed Large Cap Pharma Hit By Reports Of IT Raid, Shares Tank

The firm's most popular brands include Clavam, Pan, Pan-D and Taxim-O, and Alkem makes 29% of its revenue from offshore sales.

L&T To Supply All-Terrain Vehicle For Indian Army In Partnership With UK Defence Giant

L&T To Supply All-Terrain Vehicle For Indian Army In Partnership With UK Defence Giant

Together, the two firms have enhanced the BvS10 to meet the specific needs of the Indian Armed Forces, creating a new variant known as the BvS10-Sindhu.

This Wadia Group Stock Surges Over 18% On Deal With Japanese Firm

This Wadia Group Stock Surges Over 18% On Deal With Japanese Firm

In March 2022, Bombay Dyeing board of directors settled on a strategy to focus on real estate for future growth, the company said in a statement

What's Going On With IRCTC's Share Price Today?

What's Going On With IRCTC's Share Price Today?

IRCTC signed a memorandum of understanding (MoU) with NBCC Services Limited, a wholly-owned subsidiary of government-controlled NBCC Limited.

Apple, Samsung Get A Breather As Govt Said To Mull Softer Stand On Tech Imports For Now

Apple, Samsung Get A Breather As Govt Said To Mull Softer Stand On Tech Imports For Now

The government is reportedly considering a new system of registration for imported IT hardware, with no limits or special licenses needed for the year ending March 2024. The move would bring relief to big tech brands like HP, Dell, Apple, Samsung, Lenovo, Asus, and Acer would benefit from this.

Adani Group Sink Into Red After Doubts Pop Up Over SEBI Investigation

Adani Group Sink Into Red After Doubts Pop Up Over SEBI Investigation

The challenge to SEBI comes as the market regulator has been investigating the conglomerate since the start of the year on allegations of financial fraud levelled by short seller Hindenburg Research.

Why Are L&T Shares Climbing Today?

Why Are L&T Shares Climbing Today?

L&T initially announced its share buyback plan, valued at ₹10,000 crore, on July 25, after unveiling its June quarter results. This buyback initiative is notable, considering the company's unsuccessful attempt in 2018.

New Twist In Adani-Hindenburg Tale: SEBI Accused Of Protecting Group

New Twist In Adani-Hindenburg Tale: SEBI Accused Of Protecting Group

The affidavit comes in response to a Hindenburg Research report alleging accounting fraud, stock price manipulation, and tax haven misuse by the Adani Group, which caused a significant fall in the group's market value.

Jet Airways' Naresh Goyal Breaks Down In Court, Asks To Be Taken To Hospital

Jet Airways' Naresh Goyal Breaks Down In Court, Asks To Be Taken To Hospital

Goyal's custody with the Enforcement Directorate (ED) ended on Monday and he was taken to the special prevention of money-laundering court in Mumbai over allegations of a ₹538 crore fraud.