Life insurance major IndiaFirst Life Insurance Company received final approval from Securities and Exchange Board of India (Sebi) to float an initial public offering to raise funds. The issue will comprise a fresh issue of equity shares worth Rs 500 crore and an offer-for-sale (OFS) up to 14.1 crore equity shares from promoters and stakeholders. […]
The majority of top brokers have stopped providing the margin trading facility to investors wanting to take leverage on shares of several Adani Group companies, according to people in the know. The companies include Adani Green Energy, Adani Total Gas, Adani Power, and Adani Transmission that have been consistently hitting the lower circuit in the […]