Go to Live UpdatesSuraksha Diagnostic IPO 2024 Live Updates: The IPO launched on November 29 aims to raise Rs 846.25 crore by selling 1.92 crore fresh shares. The IPO closes on December 3. The allotment for the IPO is expected to be finalised on December 4. The company set the price band between Rs 420
Food delivery giant Zomato has successfully raised Rs 8,500 crore through a Qualified Institutional Placement (QIP), issuing 33.65 crore equity shares at Rs 252.62 per share. The issue price reflected a 5% discount to the floor price of Rs 265.91 and marked the company’s first major fundraising effort since its initial public offering (IPO) in
The tech and durables (T&D) sector recorded a 13 per cent value growth during the four-week festive season (Weeks 40-41: Sep 30-Oct 13, Weeks 42-43: Oct 21-Nov 3), on the back of heightened consumer demand across multiple categories, stated to the latest weekly insights from GfK intelligence. A report released by NielsenIQ said that categories
– By Gaura Sengupta Over the last few years conditions have been conducive for recovery in private corporate capex. For starters balance sheets of both banks and corporates are in much better shape. Capacity utilization in the manufacturing sector has increased to 75% since last year (on a 4-quarter moving average basis), which is associated
Suraksha Diagnostics IPO Subscription: Suraksha Diagnostic IPO was launched on November 29. The IPO was subscribed to the tune of 0.05 times as of 1120 IST on November 29 (Day 01). The retail investors booked the issue 9%. The IPO will be closed on December 03. The company aims to raise Rs 846.25 crore by
KEI Industries has successfully raised Rs 2,000 crore through a Qualified Institutional Placement (QIP) of equity shares, the company announced on Thursday. The QIP, which opened on November 25 and closed on November 28, saw the issuance of 52.6 lakh equity shares at Rs 3,800 per share, reflecting a 2.1% discount to the floor price
After a brief respite, foreign investors resumed selling on Thursday, offloading domestic equities worth a staggering Rs 11,756 crore. This marked an abrupt end to three consecutive days of buying and sparked chaos on Dalal Street. FIIs reverse 3-day buying streak Foreign institutional investors (FIIs) had recently broken a 38-session selloff streak by purchasing Rs
Gold and silver bullion prices haven’t changed compared to November 28 as it finds fresh support from fresh geopolitical tensions in Ukraine and Russia. “Gold prices exhibited significant volatility, starting on a weaker note but quickly finding support amid renewed geopolitical tensions between Russia and Ukraine, which continue to bolster safe-haven buying. Immediate support is
The Unified Pension Scheme (UPS) is a new central pension scheme announced by the Narendra Modi government last year. The scheme, to be rolled out from April 1, aims to give a fixed pension security to government employees. This scheme under the National Pension System (NPS) is primarily designed for central government employees, but in
The domestic key equity indices closed on a positive note for the fourth consecutive session on Thursday. The NSE Nifty 50 rose 283 points or 1.24% to settle at 23,190.65, while the BSE Sensex jumped 899 points or 1.19% to finish at 76,348. Nifty Oil and Gas was the top gainers among the sectoral indices
Gold is charging ahead at full speed. The price of gold in international markets crossed the milestone level of $3,000 an ounce on March 15. Today, on March 20, gold is trading at around $3,037 while in India, the gold rate today is Rs 89,040 per ten grams. Gold investors are enjoying a golden moment
Vedanta is again in the spotlight, and this time, it is about a long-awaited corporate restructuring. The company’s much-anticipated demerger is in the final stages, with approval from the National Company Law Tribunal (NCLT) expected within the next 4-6 weeks, according to Vedanta founder Anil Agarwal’s recent interview with CNBCTV18. If you are an investor
In India, gold is not just a metal, but a symbol of heritage, tradition, and faith. Across India, from north to south, people have a special attachment to gold. Be it a wedding or a festival, every happiness seems incomplete without gold. This is the reason why Indian families have been accumulating gold from generation
