The coming week on Dalal Street is set to be a busy one for primary market investors. From glittering jewellery to agro based manufacturing, and from publishing to real estate, four fresh public issues are lined up for subscription, while a wave of 11 companies will make their market debut. Both the mainboard and SME
The initial public offer of JSW Cement Ltd got subscribed 56 per cent on the second day of bidding on Friday. The initial share sale received bids for 10,19,35,638 shares against 18,12,94,964 shares on offer, according to NSE data. Categorywise subscription Retail Individual Investors (RIIs) part fetched 72 per cent subscription, while the category for
Indian equity markets closed the session on a positive note, recovering sharply from the day’s low in the last hour of the trade after the US President Donald Trump imposed additional 25% tariffs on Indian imports. The Nifty 50 closed the session over 22 points higher, ending just below 24,600, and the Sensex closed the
Indian equity markets closed the session on a negative note. The Nifty 50 closed the session over 75 points lower, ending below 24,600, and the Sensex closed the day more than 160 points or 0.21% lower at 80,545. The Nifty Bank settled 51 points or 0.09% higher at 55,411. The small and midcap stocks saw
Indian equity markets closed the session on a negative note. The Nifty 50 closed the session over 70 points lower, ending at 24,650, and the Sensex closed the day more than 300 points or 0.38% lower at 80,700. The Nifty Bank settled 260 points or 0.47% lower at 55,360. In line with the overall bearish
JSW Cement’s Initial Public Offering (IPO) will open for bidding on August 7. The company has fixed the price band at Rs 139 to Rs 147 per equity share. The IPO will be open for subscription till August 11, and the investors can bid for a minimum of 102 equity shares and multiples of 102
Equity markets this week will turn their focus on the RBI‘s interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors’ sentiment. “At the domestic level, all eyes will be on the
Asset Reconstruction Company (India) Limited, pioneer in the asset reconstruction industry and the first ARC to be incorporated in India, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). The IPO comprises of an offer for sale of up to 105,463,892 Equity Shares of face value
The deadline for filing Income Tax Return is fast approaching and many taxpayers across India must still be rushing to file their ITR for FY 2024-25 (AY 2025-26). While the e-filing system has simplified tax submissions, last-minute filings often lead to errors. These errors can result in penalties, delayed refunds or in some cases, even
Adani Power and Bhutan’s state-owned generation utility, Druk Green Power (DGPC), on Saturday signed an agreement to set up a 570 MW Wangchhu hydroelectric project in the Himalayan kingdom of Bhutan. The Wangchhu project will see an investment of about Rs 6,000 crore in setting up the renewable energy power plant and related infrastructures. ALSO
The Indian equity market continues to underperform EM peers for the second straight week. The Nifty is stuck in a tight range below the 25,000 mark. The story is not very different if you track the Sensex, either. On a 12-month basis, the MSCI India Index is down 10% compared to the MSCI EM Index
Health insurers may need to raise premiums by 3–5% to offset the loss of input tax credit (ITC) after the full GST exemption on individual life and health policies, Kotak Institutional Securities said in a report. The brokerage noted that despite a possible price hike, customers would still benefit from a 12–15% reduction in prices
The tax reforms unleashed by the government has missed an important segment of fast-moving consumer goods (FMCG), namely, detergents. The Rs 45,000-crore category, among the largest FMCG segments in India, continues to attract an 18% GST. There has been no rationalisation of tax there, even as some other daily-use items such as soaps, hair oils
