The Indian central bank is possibly selling dollars via public sector banks, with the rupee just shy of a record low, six traders told Reuters. The rupee was at 83.2025 to the U.S. dollar, down from 83.09 at open and within a whisker of the lifetime low of 83.29. “Hearing of public sector bank names […]
Day: December 2, 2022
Rishabh Instruments IPO opens for subscription, GMP rises; should you subscribe to the public issue?Rishabh Instruments IPO opens for subscription, GMP rises; should you subscribe to the public issue?
Rishabh Instruments IPO: Rishabh Instrument IPO opened for public subscription on Wednesday, August 30, and will close on Friday, September 1. The company collected Rs 147.23 Crore from the Anchor investors ahead of the public issue. The price band for its public issue at Rs 418-441 per equity share of face value Rs 10 each. […]
PM Modi green signals India’s 11th Vande Bharat from Bhopal to Delhi; See PicsPM Modi green signals India’s 11th Vande Bharat from Bhopal to Delhi; See Pics
1/7 Prime Minister Narendra Modi on Saturday flagged off country’s 11th semi-fast train, the Vande Bharat Express, from Bhopal’s Rani Kamlapati Railway Station to New Delhi. 2/7 Bhopal: Prime Minister Narendra Modi flags off the Vande Bharat Express between Bhopal and New Delhi, in Bhopal, Saturday, April 1, 2023. Madhya Pradesh Governor Mangubhai Patel and […]
Vodafone Idea: ARPU growth offset by rising operating costsVodafone Idea: ARPU growth offset by rising operating costs
Vodafone Idea Ltd (VIL) reported a 1% increase in revenue for 1QFY24, reaching `106.6 billion. This growth was achieved despite a 2% decline in subscribers, as it was offset by a 3% increase in average revenue per user (ARPU). The reported revenues exceeded our expectations by 1%, primarily due to higher-than-anticipated ARPU. The end of […]
PM Modi’s rockstar welcome in Sydney lights up Australia in tricolour | See PhotosPM Modi’s rockstar welcome in Sydney lights up Australia in tricolour | See Photos
1/12 Amidst the resounding cheers of tens of thousands of supporters, Prime Minister Narendra Modi delivered a stirring speech at a magnificent community event for the Indian diaspora in Sydney on Tuesday. With great admiration, the PM celebrated the India-Australia relationship, highlighting its essence of “mutual trust and mutual respect.” Echoing the sentiment, Australian Prime […]
CIEL group to hit capital market by first half of 2024CIEL group to hit capital market by first half of 2024
The Initial Public Offering of human resources solutions provider CIEL Group is expected in the first half of 2024. The city-based company has ‘rigorously’ invested in optimizing the HR processes with digital intervention, said CIEL Group Executive Chairperson and Director K Pandiarajan on Tuesday. “I take pride in announcing that CIEL has rigorously invested in […]