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Swiggy IPO Day 1: Check subscription status, GMP, and other details

Swiggy IPO was subscribed 7% times as of 1230 IST on November 06, 2024. The IPO received bids worth Rs 455 crore. The retail investors booked the issue 35%, bidding for worth Rs 390 crore. The NIIs subscribed to the issue 0.03 times.  Swiggy IPO GMP The stock of the food-delivery company was fetching a

US Elections 2024 Results: Sensex, Nifty up smartly as Donald Trump’s all set for a second stint at the White House

US Elections 2024: Indian stock markets extended gains on Wednesday as Donald Trump is all set to reclaim the White House. Bulls are marching on Dalal Street continuing the gains for the second day. The Nifty 50 was up 218 points or 0.90% to 24,432 while the Sensex was up 770 points or 0.97% to

GAIL India shares rise 7% on surge in Q2 net profit

GAIL India’s shares rose almost 7% to an intra-day high of Rs 209.99 after the company reported a 10% increase in Q2 net profit.  The company reported a net profit of Rs 2693.55 crore in Q2, up 10.21% on year, compared to Rs 2444.05 crore during the previous quarter of the last fiscal. GAIL India’s

Niva Bupa Health Insurance IPO opens on November 07: Here are 10 things to know, including price band, issue price, GMP, IPO allotment, listing...

Niva Bupa Health Insurance (formerly Max Bupa) has filed a draft red herring prospectus with SEBI to raise Rs 2,200 crore through its initial public offering (IPO). The offer includes both an offer for sale (OFS) and a fresh issue of shares. Private equity firm True North, which acquired a 51% stake in Max India

Titan shares fall over 3% after Q2 earnings disappoint; Should you Buy, Sell, or Hold?

Shares of Titan Company Ltd fell by over 3% to an intra-day low of Rs 3,114 on the National Stock Exchange (NSE) on Wednesday. This drop followed the Tata Group-owned lifestyle products retailer’s announcement that its consolidated profit for the quarter ended September 2024 had declined by 23.1% year-on-year (YoY) to Rs 704 crore. Q2

Hindustan Zinc shares plunge over 7% after government announces 2.5% stake sale via OFS

Shares of Hindustan Zinc (HZL), a subsidiary of Vedanta falls over 7% to open at Rs 520 on NSE on Wednesday after the central government revealed plans to sell up to a 2.5% stake in the mining giant. The sale will take place through an offer for sale (OFS) and includes an option for oversubscription.

Titan Company Share Price Today Live Updates, 06 Nov, 2024: Titan Company on the radar

Go to Live UpdatesTitan Company Share Price Today Live Updates, 06 Nov, 2024: The Titan Company share is in news and the counter closed trade on 05 Nov, 2024 at Rs 3233.05. The shares touched intraday high of Rs 3259.95 in the last trading session while the intraday low was at Rs 3185.45. The company’s

Oil India Share Price Today Live Updates, 06 Nov, 2024: Oil India on the radar

Go to Live UpdatesOil India Share Price Today Live Updates, 06 Nov, 2024: The Oil India share is in news and the counter closed trade on 05 Nov, 2024 at Rs 495.45. The shares touched intraday high of Rs 498.2 in the last trading session while the intraday low was at Rs 466.65. The company’s
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GCCs, IT companies dominate office space

Quarterly transactions in the office market reached a historic high of 28.2 million square feet in the January-March period, shows a Knight Frank report.  Global capability centres (GCCs) were the largest consumers of office space during the period, accounting for 44% of the total transaction volume.  A resurgence in demand from the third-party IT services

Gems and jewellery units to take a big hit

The reciprocal tariff of 27% will jack up customs duties faced by Indian exporters of studded and gold jewellery in the US to 32-34%, including 5.5-7% extant tariffs. Diamond products which currently do not have any tariffs, will cost US importers a 27% import duty. Sabyasachi Ray, Executive Director of the Gems & Jewellery Export

Some pain & some gain: India Inc counts the cost

Corporate India is gearing up for a challenging trade environment in the wake of the 27% reciprocal tariffs imposed by the US on Thursday. While the Trump administration has described the move as its moment of liberation, India Inc leaders feel there are some pain as well as some gain. From India’s perspective, key sectors

Dusit to expand presence in India, eyes emerging cities

Dusit International, a leading Thai hotel and property development company, on Thursday announced plans to expand its presence in India by launching its luxury and upper-midscale brands in key emerging markets.  The strategic expansion plan builds on the momentum of Dusit’s recent foray into the Indian market with the soft-opening of the contemporary and upscale

FMCG firms expect mixed show in Q4

The quarterly updates of fast-moving consumer goods (FMCG) companies, which has been released so far for the January-March 2025 period (Q4FY25), present a mixed picture of the sector at a time when urban demand has remained weak. Rural demand, in contrast, has been resilient and is expected to improve in the coming months. While Marico