Weeks before vote counting set for June 4, stock markets are closely tracking shadow-betting platforms that are flourishing nationwide
Framework part of rumour verification norms that kick in from June 1; Industry awaited detailed rules
Stock markethighlights on May 17, 2024: M&M, JSW Steel, Ultratech Cement, Kotak Bank, ITC, Maruti Suzuki, NTPC, and Tata Motors were the top gainers on the Sensex
It's only now that the tool is finally being put to use. Two separate challenges are being heard by India's company law tribunal
The initial public offer of Go Digit General Insurance, a firm backed by Canada-based Fairfax Group, received 36 per cent subscription on the first day of bidding on Wednesday. The initial share sale received bids for 1,88,86,890 shares against 5,28,69,677 shares on offer, as per NSE data. The portion for Retail Individual Investors (RIIs) got subscribed 1.44 times and that of non-institutional investors received 34 per cent subscription. Go Digit General Insurance has raised a little over Rs 1,176 crore from anchor investors. The company's Rs 2,615-crore initial share sale will conclude on Friday. The price band for the offer has been fixed at Rs 258-272 per share. Go Digit's proposed Initial Public Offer (IPO) has a fresh issuance of equity shares worth Rs 1,125 crore and an Offer-for-Sale (OFS) of 5.47 crore equity shares by promoter Go Digit Infoworks Services and existing shareholders worth Rs 1,490 crore. This takes the total IPO size to Rs 2,615 crore at the upper end of th
Stock market highlights, Monday, May 13, 2024: In the broader markets, the BSE MidCap index gained 0.36 per cent, while the BSE SmallCap fell 0.23 per cent
Revival on two fronts: Index surge by 25% in FY24, propelled by strategic fund launches and marketing blitz
Volatility index shoots up days after a record low
"In a move to enhance operational efficiency and reduce the risk to clients' securities, it has been deliberated to make the process of direct payout of securities to the client account mandatory,"
Nifty50 outlook: On the downside, the 21,850-22,150 zone is anticipated to provide support. Traders are advised to maintain caution
Sensex sees intraday swing of 1,627 points
In May, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for two days
Sharp decline in interest costs (lease-related) and higher income from associates (including Zara) helped growth in net profit, which was ahead of estimates
Indian consumer tech brand Boult plans to go public next year, with a revenue benchmark of Rs 1,000 crore in FY25, as it expands into international markets and new categories, according to its co-founder Varun Gupta. In an exclusive interview with PTI, Gupta spoke in detail about his vision to make the Indian company global, listing out the homegrown brand, and his ambitious targets for this fiscal year. "We are not focusing on IPO this year, our primary focus is to foray into offline markets, international geographies, and new categories, but possibly in the next year," he said. The young entrepreneur said the company has set an internal touchstone for itself before it goes public. "... We have an internal benchmark, when we hit a Rs 1,000 crore revenue, that's when we want to go for an IPO. Technically, we're eligible to go for an IPO today because we're profitable and comfortably over Rs 500 crore. But we have an internal milestone of Rs 1,000 crore, and that is when we will ...
The fund has consistently outperformed its peers in all trailing periods under analysis
Unlike other general election years, analysts expect the Nifty IT index to underperform the markets in the near-term amid muted demand environment and client caution around discretionary spends
Stocks to Watch on Friday, April 26, 2024: IndiGo has placed an order with European plane maker Airbus for 30 A350-900 widebody aircraft at a deal estimated to be between $4 billion and $5 billion
Modi has done an unbelievable job in India, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said
The MSCI Asia Pacific Index fell as much as 0.4% Wednesday before paring losses, with consumer discretionary and industrials among the biggest drags
Stock Market Highlights on Tuesday, April 16: Exide Industries, Titagarh Wagons, GE Shipping, Cochin Shipyard, Radico Khaitan and GSPL were among the top smallcap gainers