Business

36 lakh new demat accounts opened in Memas alone, total number 15.8 crores | Live Updates, Unveiling the Latest India News Trends

The growth in demat accounts and mutual fund (MF) investment figures indicates that retail investors' confidence in the market remains intact despite the increased market volatility due to the recent election uncertainty. In the month of May alone, investors opened a net 36 lakh demat accounts. With the new additions, …

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Ambuja Cement to acquire Hyderabad-based Penna Cement for Rs 10,422 crore | Live Updates, Unveiling the Latest India News Trends

Adani Group firm Ambuja Cements has announced the acquisition of Hyderabad State Penna Cement for Rs. 10,422 crore. The company said in a stock exchange filing today that it has signed a binding agreement to acquire Penna Cement Industries Ltd. Ambuja Cement will acquire 100% stake in the company from …

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