Dalal Street is gearing up for an action-packed session with five IPOs making their debut – three from the mainboard and two from the SME segment today, December 18. Among these, the key contenders in the spotlight are Mobikwik and Vishal Mega Mart, the two mainboard IPOs and vastly different companies from each other. Among
MobiKwik IPO Share Price Highlights: The stock saw a strong debut on NSE, BSE. It listed at 57% premium to issue price. The issue received an overwhelming response from the investors. They subscribed to the issue a total of 125.69 times. The retailers booked it 141.78 times and NIIs 114.7 times. The QIBs subscribed to
Oil India on Wednesday announced the appointment of Abhijit Majumder, Director (Finance) as the Chief Financial Officer of the company, with effect from December 18. He will replace Rupam Barua, ED (F&A). In a regulatory filing, it said, “We would like to inform that the Board of Directors of the Company at its meeting held
Food delivery major Zomato on Tuesday launched an accelerated safety response programme that can automatically detect crashes through the delivery partner app. When a crash is detected, the app will immediately trigger an emergency call to Zomato’s central response system, which would then dispatch an ambulance to the delivery partner’s location. The company said that this
India’s tourism and hospitality sector is poised for a significant expansion, with the potential to generate 61 lakh new jobs by 2034, according to a new whitepaper released by the Confederation of Indian Industry (CII) and EY. Titled “Reimagining Workforce Horizons: Employment Landscape in Tourism and Hospitality in India,” the report was unveiled at the 18th Annual
The stock market closed on a downbeat note on Wednesday (December 18), as both the headline indices, Sensex and Nifty saw notable declines. The benchmark Sensex settled at 80,182.20, marking a loss of 0.62 per cent, while the NSE Nifty ended at 24,208.30, down by 0.52 per cent. In a similar trend, the Nifty Bank
The Rs 1,600-crore Ventive Hospitality IPO price band has been fixed at Rs 610-643 per share, with a face value of Rs 1 each. The issue opens on December 20 and closes on December 24. It consists entirely of a new issue. Pune-based Ventive Hospitality is a joint venture between the Panchshil Group and Blackstone
Supreme Facility Management, a SME IPO made its debut on the NSE Emerge platform on Wednesday (December 18) marking a flat listing with the shares opening at Rs 75, a slight 1.33 per cent discount from the issue price of Rs 76. As of 11:50 AM IST, the shares of the company were trading at
India’s real estate landscape is constantly evolving, and this transformation has accelerated in recent years. With growing interest in luxury living and shifting priorities post-pandemic, homebuyers are increasingly drawn to sustainable lifestyles, spacious designs, and premium amenities under one roof. Trust in new projects is rising significantly, thanks to stricter regulatory oversight by state RERA
If your income is high but withdrawals and transactions are very low, then the Income Tax Department may have its eyes on you. Income Tax officials are paying attention to cases where there is a big difference between declared income and spending pattern. If a person’s declared income is high, but cash withdrawals or digital
Months after Ratan Tata’s demise in October and his half-brother assumed the chairmanship of Tata Trusts, Noel Tata made his first public statement. While speaking at ET Awards, Noel Tata said that the respect that Ratan Tata commanded within India and on the international stage was in no small measure due to the nature of
The Indian stock market has been on a roller-coaster ride, leaving investors uncertain about what’s next. Is the bull run still alive, or is the market entering a long bearish phase? Two of India’s most renowned market experts- Shankar Sharma, founder of GQuant Investech, and Samir Arora, founder of Helios Capital- debated this hot topic
The Indian stock market closed lower on Monday, with both benchmark indices ending the session in the red. The Sensex settled lower at 74,115.17, down by 0.29, while the Nifty 50 also dropped to 22,460.30, declining by 0.41. The Nifty Bank index followed suit, closing at 48,216.80, down by 0.58%. “Global headwinds continue to drag
