Category: Uncategorized

Companies that made their debut on the bourses in the last financial year raised over ₹1,300 crore by way of pre-IPO placements. Also read:Unrealistic valuations could hit IPO prospects of internet companies This is three times the amount collected through this route in the last fiscal and the highest mop-up since FY17, the year from […]

Four of the top 10 valued firms added ₹1,71,309.28 crore to their market valuation last week with HDFC Bank and Life Insurance Corporation of India (LIC) emerging as the biggest gainers in line with an overall positive trend in equities. On the other hand, six companies from the top 10 pack took a ₹78,127.48 crore […]

Precious metals are at record levels post last week’s rally. In terms of dollars, gold and silver appreciated 4.3 per cent and 10 per cent, as they closed at $2,330 and $27.50 per ounce respectively. Similarly, on the Multi Commodity Exchange, gold futures gained 4.3 per cent to end at ₹70,636 (per 10 gram), whereas […]

TAC Infosec, risk and vulnerability management company, on Friday made a strong debut on the NSE Emerge platform. The stock was listed at ₹290, a premium of 174 per cent over IPO price of ₹106. The stock rose further to end at ₹304.50. Trading volume stood at 14.60 lakh shares. Also read:TAC Security eyes turnover […]

Artemis Medicare Services Ltd. has signed a definitive agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to raise funds of ₹3,300 million in the form of compulsorily convertible debentures (CCDs). IFC’s investment will help the company improve healthcare accessibility and quality by supporting its growth plans in bed capacity, […]

The International Financial Services Centres Authority has allowed remote trading by foreign stock broking firms on Gift IFSC exchanges. Such firms will be allowed to trade directly on the stock exchanges on a proprietary basis, without a broker-dealer even if they do not have a physical presence at Gift IFSC in the form of a […]

Sensex, Nifty, Share Prices LIVE: Equities in Asia climbed on Thursday following Jerome Powell’s reiteration that the Federal Reserve is likely to reduce rates this year. In early trading, Japan’s benchmark Nikkei 225 index rose by 1.78%, or 701.83 points, to 40,153.68, while the broader Topix index increased by 1.39%, or 37.53 points, to 2,744.17. […]

Crude oil futures traded higher on Wednesday morning due to various supply side issues. At 9.55 am on Wednesday, June Brent oil futures were at $89.01, up by 0.10 per cent, and May crude oil futures on WTI (West Texas Intermediate) were at $85.16, up by 0.01 per cent. April crude oil futures were trading […]

The adoption of a shorter settlement cycle has benefited the securities ecosystem, said the chief of Securities and Exchange Board of India (SEBI). Speaking at an annual summit on corporate governance organised by the Confederation of Indian Industry, SEBI chief Madhabi Puri Buch, quoted a ratio that captured this improvement. She said that prior to […]

Infosys Ltd has received order under Section 201 & 201(A) of the Income-Tax Act, 1961 from the Income Tax Department, Government of India for assessment year 20-21 with a tax demand of ₹341 crore (including interest). The company is in the process of evaluating the implications of this order on the financial statements for the […]