Rubicon Research Ltd, a pharmaceutical formulation company, has submitted draft papers to the capital markets regulator SEBI to raise ₹1,085 crore through an initial public offering (IPO). According to the Draft Red Herring Prospectus (DRHP) filed on Wednesday, the IPO will include a fresh issue of equity shares worth ₹500 […]
iifl securities
US-based private equity firm Carlyle is expected to sell up to a 6.4 per cent stake in PNB Housing Finance via an open market transaction on Tuesday, as per a report by CNBC Awaaz. According to a term sheet from IIFL Securities, Quality Investment Holdings, a Carlyle entity, plans to […]
In a significant uptrend, the total number of Demat accounts surged to 16.2 crore in June 2024, according to a report by Motilal Oswal Financial Services. As per the report, new additions spiked by 42 lakh in June, marking the highest account opening rate since February 2024. This indicates a […]
Shares of domestic brokerage IIFL Securities turned bearish soon after capital markets regulator Securities and Exchange Board of India (SEBI) initiated a probe into Sanjiv Bhasin’s role in stock market manipulation. Bhasin, who regularly provides stock trading suggestions on various business news channels, was associated with IIFL Securities as a […]