Hyundai Motor India Ltd launched its shares on the stock market on October 22, with high anticipation from investors. However, the shares didn’t perform as expected. The shares were initially priced at ₹1,960, but on the BSE (Bombay Stock Exchange), they opened lower at ₹1,931, which is a 1.47% below its issue price. While there…
IndusInd Bank’s shares fell over 18% to Rs 1,043.30 on Friday after the bank reported a 39% decline in profit compared to the same quarter the previous year, with this quarter’s profit at Rs 1,325 crore. This result fell short of what analysts had anticipated, as they had estimated the profit to be around Rs…
The initial public offering (IPO) of Deepak Builders & Engineers has seen significant interest, closing on October 23, after total demand for the shares significantly exceeded the number of shares available for sale. Specifically, for every share offered, there were more than 41 applications for shares. The company is looking to raise ₹260 crore through…
Waaree energies Limited will determine and finalize which investors will receive shares from its recent Initial Public Offering (IPO). This finalization is happening today, October 24. The IPO, which was open for bidding from October 21 to October 23, attracted significant interest, particularly from large institutional investors known as Qualified Institutional Buyers (QIBs). These are…
October is the month of festivals, this time of year is well-known for celebrations like Diwali and Dhanteras, when buying gold is a common tradition. Dhanteras is an important occasion where people traditionally buy gold for prosperity and good luck. However, with the current spike in prices, many people are hesitant or reconsidering their purchases….
Gold and silver prices are rising rapidly, causing concerns for those who plan to invest or buy these precious metals. If you are thinking about buying it you might want to hit pause for a while, as prices are to high to make any investment. The details provided show the current rates for different purities…
The demise of Ratan Tata has created an urgent need for new leadership at Tata Trusts. Ratan Tata did not appoint any successor before his death, thus leaving this decision for the board of trustees. These trusts include sir Dobarji Tata Trusts and Sir Ratan Tata Trust, Hold a 66% Stake in Tata Sons, making…
[ad_1] MUMBAI: NSE and nine of its former senior executives, including earlier MD Vikram Limaye, have settled a case with Sebi over allegations that brokers bypassed a trading access point to enable faster trades for Rs 643 crore. This is the largest settlement order in Sebi’s 36-year history. In addition to the settlement amount, eight…
[ad_1] Banks in India will be closed for up to 15 days in October. (AI image) Gandhi Jayanti Bank Holiday 2024: India observes three national holidays on which banks remain closed throughout the country: Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2). Gandhi Jayanti, celebrated on a Wednesday this year,…
[ad_1] NEW DELHI: Dominance of fossil fuels in electricity generation in India will end by the end of the decade said Reserve Bank of India in its latest report. The report also noted that the renewable energy is expected to cross 50 per cent share in electricity generation globally. It added that the energy transition…
