Go to Live UpdatesHyundai IPO 2024 Live Updates: India’s largest-ever IPO, Hyundai Motor India, is set to make its highly anticipated market debut in just a few hours. Hyundai IPO’s grey market premium has dropped to 2%, with shares trading at a Rs 45-50 premium over the issue price of Rs 1,960. This marks a
Shares of Bajaj Housing Finance to remain in focus today as the newly listed housing finance company posted reported a 21% year-on-year (YoY) increase in net profit at Rs 545.6 crore for the second quarter that ended September 30, 2024. Bajaj Housing Finance’s Q2FY25 Performance The company posted a 21% year-on-year (YoY) increase in net
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended 26.50 points or 0.11% up at 24,806.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on
The low market share of the BSE in monthly options contracts may limit its potential for gains once the Securities and Exchange Board of India’s (SEBI) new index derivatives trading norms come into effect, according to experts. Brokerage firm Jefferies pointed out that the BSE holds a 10% market share in monthly contracts, which remain
Franklin Templeton India re-entered the debt space with its ultra-short duration fund recently after it abruptly decided to shut down six schemes in March 2020. Rahul Goswami, CIO & MD, India Fixed Income tells FE that while the flows into the fixed income space has been muted, he expects things to improve. Excerpts: What will
Unity Small Finance Bank, backed by BharatPe and Centrum Financial Services, will consider listing in two-three years, a senior official said. “According to Reserve Bank of India (RBI) guidelines, a bank must be in existence for five years (before listing). We are completing third year of operations, and I think we will actively explore this
Shares of some Tata Group companies, especially Tata Chemicals, gained on Monday as speculation over the listing of Tata Sons drove hopes of value unlocking for investors. Tata Chemicals, which holds a 3% stake in Tata Sons, was one of the biggest gainers as it rose over 9%. It could be the biggest beneficiary of
It’s an action-packed morning on D-street on October 22. Hyundai Motor India will be listed on the bourses on October 22. Also, investors will assess the first quarterly results of Bajaj Housing Finance after it is listed last month. That apart Waaree Energies IPO continues to garner investor interest. The Hyundai IPO concluded with the
Will government pensioners be able to avail the benefit of “LTC” (Leave Travel Concession) even after retirement? This question has been in discussion for some time and now the response of the central government has also come to the fore. The central government has come out with a formal statement for the first time on
Paras Defence and Space Technologies has received a letter of intent for an order worth Rs 22.21 crore from the French defence company Cerbair. In a filing exchange, Paras Defence said that it has received the Letter of Interest for 30 units of CHIMERA 200, an anti-drone technology. ALSO READIREDA accelerates clean energy financing in
The Indian headline indices ended Tuesday’s trading session on a calm note, with both the Sensex and Nifty closing flat. The Sensex settled at 83,697.29, up 90.83 points or 0.11%, while the Nifty ended the day at 25,541.80, gaining 24.775 points or 0.1%. The Nifty Bank also closed higher at 57,459.45, up 0.26%. Here are
If you file ITR-1 or ITR-4 under the old tax regime, then this write-up is very important for you. The Income Tax Department has made many new changes in the ITR forms this time, which will directly affect your tax filing. The special thing is that now just filling out the form will not be
India is stepping up efforts to extract more rare earth elements (REEs) from mining waste, especially from coal mine overburden (byproducts and waste), government sources told CNBC TV18. The expanded exploration is aimed at making better use of resources in open-cast mines. These enhanced exploration, the report added, will cover not just overburden from existing
