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Carraro India IPO opens today: GMP, Price Band, Subscription Status and other key details you should know

Carraro India IPO has opened its window for subscription today (December 20). A mainboard issue, Carraro India’s 3-days bidding is set to close on December 24. The company through this IPO is aiming to raise around Rs 1,250 crore, which is entirely an offer for sale. Furthermore, Carraro International S.E., the promoter, is divesting up

Sagility India shares hit upper circuit after Jefferies initiates coverage with ‘Buy’ rating

The newly listed Sagility India’s shares hit the upper circuit at Rs 46.09 after the brokerage Jefferies India initiated coverage with a ‘Buy’ rating on the stock. The brokerage firm has kept a target price of Rs 52 on the stock. It said that the company is focused on the US healthcare industry.Jefferies India said

International Gemological Institute (IGI) makes strong debut, lists at 23% premium on NSE

IGI Share Price, IPO Listing Today: The company’s shares hit the D-Street at Rs 510, a premium of 23% on the National Stock Exchange. While on BSE, the stock was listed at Rs 505, a premium of 21% to the issue price.  International Gemological Institute IPO GMP IGI shares were attracting a premium of more

Oil slips below $70/bbl: Check Petrol, Diesel Price Today 20 December 2024 in Chennai, Gurgaon, Mumbai, Srinagar and Hyderabad

Petrol, Diesel Price Today 20 December 2024: Oil prices went down on Friday amid concern about slower demand growth in 2025, particularly in China, the world’s largest importer of crude. As per the latest report, Brent crude futures declined by 39 cents to $68.99 per barrel, while US West Texas Intermediate crude futures dipped by

Zomato shares in focus after Sensex Entry: Market cap surpasses Tata Motors and Bajaj Auto

The online food delivery giant, Zomato is now part of the Sensex, replacing JSW steel on Friday (December 20). Moreover, this step forward is seen as a major move by the tech driven food company. The Zomato shares are firming up in Friday trade. Its market capitalisation is currently at Rs 2.75 lakh crore, with

Hamps Bio debuts on BSE SME with a 90% premium, Listing at Rs 96.90 against issue price of Rs 51

Hamps Bio, a pharmaceutical products supplier, which ran its IPO from December 13 to December 17 made its debut on the BSE SME platform on Friday (December 20) listing at Rs 96.90 over the issue price of Rs 51. The shares of the company debuted at a premium of 90 per cent on the BSE

One Rank One Pension: Centre carries out 3rd revision, clears arrears of defence veterans – Here’s all you need to know

One Rank One Pension: The Centre has revised the One Rank One Pension (OROP) scheme for the third time and ensured payment of arrears to beneficiaries, as confirmed by the Ministry of Defence in response to questions posed in the Lok Sabha by parliamentarian Chamala Kiran Kumar Reddy on December 6, 2024. OROP: All demands

International Gemological Institute (IGI) Share Price, IPO Listing Live Updates: Check listing, date, time, GMP, and other details

Go to Live UpdatesInternational Gemological Institute (IGI) Share Price, IPO Listing Live Updates: The IPO is all set to make its debut in the secondary market. It was subscribed to a total of 35.48 times. The retail investors booked the issue 11.77 times and the employee portion was subscribed almost 22 times. The QIBs booked

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Workers’ union threatens strike again at Samsung

Less than a month after ending their strike, the Samsung India Workers’ Union (SIWU) has threatened to issue a fresh strike notice, citing unfair labour practices and alleged vindictive actions by Samsung India management. The decision was taken at a general body meeting in Kancheepuram on Sunday, which was reportedly attended by over 1,000 workers.

Tech M sees strong market in APAC, robust demand for AI-driven solutions

Tech Mahindra is witnessing a sizable market in the Asia-Pacific region (APAC) including Japan, with a strong demand flow and a robust pipeline for new projects  across various industries, including telecom, BFSI, retail, and manufacturing, Harshvendra Soin, President – Asia Pacific and Japan Business, Tech Mahindra, told FE.  “This (fiscal) year has been a tremendous

Foxconn India unit invests $32 million in equipment for Apple manufacturing

Taiwanese manufacturing giant Foxconn has procured machinery worth $32 million (about ₹276 crore) for manufacturing Apple products in India. The purchase comes months after China allegedly delayed shipments of specialised equipment and restricted new work rotations for Chinese employees at its Indian factories. In a regulatory filing, Foxconn said, its subsidiary, Foxconn Hon Hai Technology

Flight to safety takes gold to all-time high

Ahead of US President Donald Trump’s imposition of reciprocal tariff from April 2, gold prices on Tuesday hit an all-time high as investors sought safety amid the stock-market meltdown.   In the international market, spot gold prices hit $3,148/ounce. From $2,624 at the beginning of the year, prices have so far appreciated 20% in 2025. In

Indus Towers a key beneficiary of govt’s move on Vi: Analysts

The central government’s decision to convert part of Vodafone Idea’s spectrum debt into equity will not only give the cash-strapped telco some much needed cash flow relief, but will also translate to improved growth prospects for Indus Towers, analysts said. The tower company, which counts Vodafone Idea as one of its major customers, and will