Pharmaceutical major Zydus Lifesciences has announced a major share buyback proposal worth ₹1,100 crore, offering investors an exit opportunity at a premium over the prevailing market price. The move has drawn strong attention from market participants and retail shareholders, especially amid ongoing volatility in the broader equity markets. The company’s board approved the repurchase of...
India’s leading investment platform Groww witnessed a sharp recovery in its share price after an intense selloff triggered by a large-scale stake sale from early investors. Shares of Billionbrains Garage Ventures, the parent company of Groww, surged nearly 6% in trading despite three major US-based investors collectively offloading shares worth approximately ₹5,326 crore through block...
Mumbai: Indian stock markets saw a strong surge on Thursday morning following the GST Council’s announcement of a major overhaul to the Goods and Services Tax (GST) system. The 30-share BSE Sensex jumped by 888.96 points to reach 81,456.67, while the 50-share NSE Nifty gained 265.7 points, closing at 24,980.75. The GST Council has simplified...