The government’s 4.92 per cent share-sale offer in state-owned power producer SJVN kicked off on Thursday with institutional investors putting in bids. In the 2-day offer for sale (OFS), the government is selling up to 19.33 crore shares or 4.92 per cent stake at a floor price of Rs 69/piece. At this floor price, the […]
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Vishnu Prakash R Punglia IPO opens for subscription today, GMP gains 55%; should you subscribe?Vishnu Prakash R Punglia IPO opens for subscription today, GMP gains 55%; should you subscribe?
Vishnu Prakash R Punglia IPO: Vishnu Prakash R Punglia’s Rs 308.88-crore IPO opens for subscription today, 24 August. The public offer comprises a fresh issue of 3.12 crore shares. The infrastructure player has set the price band for the IPO at Rs 94-99 per equity share. Vishnu Prakash R Punglia shares’ grey market premium gained […]
MCX shares plunge nearly 9 pc intra-day after Sebi asks to delay CDP launchMCX shares plunge nearly 9 pc intra-day after Sebi asks to delay CDP launch
Shares of Multi Commodity Exchange of India (MCX) plunged nearly 9 per cent in intra-day trade on Friday after the exchange said market regulator Sebi has asked it to delay the launch of the Commodity Derivatives Platform (CDP). The stock plunged 8.84 per cent to Rs 1,914.60 during the day on the BSE. Later, it […]
Realme C55 rough-cut: Everything to know in 5 pointsRealme C55 rough-cut: Everything to know in 5 points
1/5 Realme C55 is an all-new budget phone from Realme with a starting price of Rs 10,999. The C55 has a likeable spec sheet and a neat little party-trick called “mini capsule” inspired from Apple’s iPhone 14 Pro dynamic island notification system. 2/5 Realme C55 has a sleek and premium-looking flat-edged design. It comes in […]
Realme C55 rough-cut: Everything to know in 5 pointsRealme C55 rough-cut: Everything to know in 5 points
1/5 Realme C55 is an all-new budget phone from Realme with a starting price of Rs 10,999. The C55 has a likeable spec sheet and a neat little party-trick called “mini capsule” inspired from Apple’s iPhone 14 Pro dynamic island notification system. 2/5 Realme C55 has a sleek and premium-looking flat-edged design. It comes in […]
Demat accounts grow 26% to 12.7 crore in AugustDemat accounts grow 26% to 12.7 crore in August
The number of demat accounts rose to 12.7 crore in August 2023, a surge of 26 per cent on a yearly basis, primarily due to attractive returns from equity markets, and ease of account opening process.Also, the incremental additions of such accounts were higher in August in comparison to the preceding month. Further, this was […]
SEZ allowed to move IT hardware to DTASEZ allowed to move IT hardware to DTA
The government has eased rules governing IT hardware imports by allowing units in the Special Economic Zones (SEZ) to freely move equipment to domestic tariff area (DTA) subject to certain conditions. SEZs which are specifically delineated duty-free enclaves and deemed foreign territory for trade operations, duties and tariffs were earlier exempted from import restrictions on […]
Mcap of BSE-listed firms hits fresh peak of Rs 320.94 lakh cr as markets extend rally to 6th dayMcap of BSE-listed firms hits fresh peak of Rs 320.94 lakh cr as markets extend rally to 6th day
Buoyed by the ongoing rally in domestic equities, the market capitalisation (mcap) of BSE-listed firms surged to a fresh record of Rs 320.94 lakh crore on Friday. The BSE Sensex jumped 333.35 points or 0.50 per cent to settle at 66,598.91. Helped by the encouraging trend in domestic equities, the market capitalisation of BSE-listed companies […]
G20-themed Flower Fest kicks off in Delhi; four G20 nations participate – See PicturesG20-themed Flower Fest kicks off in Delhi; four G20 nations participate – See Pictures
1/7 A two-day flower festival, which will see the participation of several G20 nations, was inaugurated by Union Minister of Labour and Employment Bhupender Yadav at Central Park, Connaught Place, in the national capital on Saturday. (PTI photo) 2/7 The flower festival, themed ‘Colour and Vibrancy’, is showcasing the vibrancy and colourful display of G20 […]
Bullish on NBFCs, IT; FII inflows, domestic liquidity driving uptrend in markets: SAMCO MFBullish on NBFCs, IT; FII inflows, domestic liquidity driving uptrend in markets: SAMCO MF
The momentum that is building up in the share markets will continue to strengthen, giving investors reason to have a bullish outlook on the domestic stock market, said Viraj Gandhi, CEO, SAMCO MF, in an interview with Zoya Springwala of FinancialExpress.com. What is your outlook on the short-term trend of the markets? What, in your […]