Bank of Baroda-promoted IndiaFirst Life is all set to launch its Initial Public Offer (IPO), possibly as soon as November, said sources close to the development. “Post September, in the first or second week of October, we will quickly take a call (on IPO),” a source said, adding that if market conditions remain stable, the […]
Rupee rises 9 paise to 82.61 against US dollar in early tradeRupee rises 9 paise to 82.61 against US dollar in early trade
The rupee appreciated by 9 paise to 82.61 against the US dollar in early trade on Friday, tracking cues from positive domestic equity markets on the back of robust macroeconomic data. However, outflow of foreign funds and crude prices hovering around USD 87 per barrel weighed on the domestic unit, according to forex traders. As […]
Nifty fails to sustain momentum, however no prospects of collapse; banking stocks to outperformNifty fails to sustain momentum, however no prospects of collapse; banking stocks to outperform
By Anand James Nifty PSU Bank Index saw good traction with all of the index constituents gaining close to 5% on an average. Major gains were seen in SBI, Bank of Baroda, Canara Bank, Punjab National Bank and Union Bank which contributed around 80% to Nifty PSU Bank index. 77% of the banking stocks in […]
Aeroflex Industries sets IPO price band at Rs 102-108/shareAeroflex Industries sets IPO price band at Rs 102-108/share
Stainless steel flexible hose manufacturer Aeroflex Industries Ltd on Wednesday said it has a fixed price band of Rs 102-108 a share for its Rs 351-crore initial public offering (IPO). The maiden public issue will open for subscription on August 22 and conclude on August 24. The bidding for anchor investors will open on August […]
India gets new Parliament building this Sunday – Stunning IMAGESIndia gets new Parliament building this Sunday – Stunning IMAGES
1/6 PM Narendra Modi is all set to inaugurate the new Parliament building this Sunday. It is a part of Centra Vista projects. Notably, several opposition parties have boycotted the event pointing out that the President of the country should inaugurate the building instead of the prime minister. (Photo: centralvista.gov.in) 2/6 The foundation stone of […]
A complete list of dry days in India in 2024A complete list of dry days in India in 2024
As we usher in the upcoming year, it is crucial to be mindful of the 24 designated dry days in India in 2024. Whether you are a resident or a traveler, awareness of these dry days is essential for planning social engagements while adhering to local customs and regulations. Here is a detailed breakdown of […]
Truckers strike continues, raises fuel supply concerns; all eyes on Govt announcementTruckers strike continues, raises fuel supply concerns; all eyes on Govt announcement
The second day of strike by truckers across the country has seen a mix of impact to the day-to-day lives of people starting with the long queues at fuel stations. While, there has been no formal call for a strike by any association, industry sources claim that many truck drivers have taken it upon themselves […]
IPL 2023 pitches for cricketing thrills, 7 top performers who put their opponents at sixes and sevens | See PhotosIPL 2023 pitches for cricketing thrills, 7 top performers who put their opponents at sixes and sevens | See Photos
1/7 Royal Challengers Bangalore skipper Faf du Plessis is the top-scoring batter in the ongoing IPL 2023 season. He has amassed 631 runs in 12 matches with an average of 57.36 and a strike-rate of 154.27. He has bagged seven half-centuries. (Photo: PTI) 2/7 Gujarat Titans star batter Shubhman Gill has been impressive and performed […]
Why Nifty’s bearish signals indicate start of a strong up trend; Bank Nifty could slip under 43,000Why Nifty’s bearish signals indicate start of a strong up trend; Bank Nifty could slip under 43,000
By Anand James We are heading into the expiry week with 74% of Nifty 50 stocks having announced their results, of which 67% have declared profits. Weekly changes were modest with gainers dominated by Realty and IT recording 1.3% and 1.2% on their respective indices, which were outflanked by oil & gas, utility and power […]
‘Local relationships matter more in tier-2, 3 markets’‘Local relationships matter more in tier-2, 3 markets’
Brokerages are going heavy on tech, but digital cannot come at the cost of physical, says Ajay Menon, MD and CEO (Broking and Distribution), Motilal Oswal Financial Services. In an interview to Siddhant Mishra, he says a super app for clients is on the cards, while the franchise model is also thriving and helping onboard […]