Category: Uncategorized

[ad_1] National Securities Depository, a market infrastructure institution, has filed its Draft Red Herring prospectus with SEBI for allowing the existing investors to offload part of their share through initial public offering. The offer for sale through the IPO comprises about 5.72 crore equity shares. Shares offload Among the existing investors, IDBI Bank and NSE […]

[ad_1] Yatharth Hospital & Trauma Care Services has undertaken a pre-IPO placement of 40 lakh equity shares at ₹300 per equity share aggregating to ₹120 crore. The board and shareholders have approved the placement last Wednesday. Of the pre-IPO placement, 20 lakh equity shares worth ₹60 crore were allotted to Plutus Wealth Management LLP; 10 […]

[ad_1] State-run Indian Oil Corporation (IOC) on Friday said that its board has approved raising of up to ₹22,000 crore via rights issue, which is likely to be utilised among other things for its green energy initiatives. The country’s largest oil marketing company (OMC) also announced the formation of a joint venture (JV) with Sun […]

[ad_1] Crude oil futures traded higher on Friday morning as official data from the US EIA (Energy Information Administration) showed a decline in crude oil inventories and an increase in imports. The US is a major consumer of crude oil in the global market. At 9.49 am on Friday, September Brent oil futures were at […]

[ad_1] Brokerage firm CLSA on Thursday said Indian companies are set to deliver the best two-year earnings growth among global peers even as India’s equity valuations may soon be overextended as its investor sentiment index is at a 20-month high. But, the valuations are not yet at the warning level. “While India’s equity valuations versus […]

[ad_1] Starting today, ESG rating services can only be provided by entities that have been certified by the Securities and Exchange Board of India (SEBI). Even foreign agencies that provide ESG rating services will have to get SEBI certification if they want to provide services to entities located in India.   “On and from the date […]

[ad_1] TTK Healthcare shares rallied around 6 per cent in early trade after the company revised upwards the floor price for voluntary delisting from the stock exchanges.  On Tuesday, the Woodward’s Gripewater maker announced that it revised the floor price for delisting of its shares to ₹1,201.30 per equity share against ₹1,051.31  per share announced […]

[ad_1] After Bharat Petroleum Corporation Ltd ( BPCL), the board of directors of Indian Oil Corporation will meet on July 7 to consider raising of capital through right issue of equity shares. The fund raising is to meet the capital expenditure plan for its projects, subject to statutory approvals as may be required, the PSU […]

[ad_1] The short-term outlook is bullish for JSW Energy. The stock surged 5.9 per cent on Monday and has closed on a strong note. This rise has taken the share price well above the 200-Day Moving Average (DMA), which is currently at ₹275. This 200-DMA will now act as a good support. So, any intermediate […]

[ad_1] The market capitalisation of BSE-listed firms reached a record high of ₹297.94 lakh crore in early trade on Monday as the benchmark Sensex hit the 65,000 mark for the first time ever amid bullish investor sentiments. The BSE benchmark jumped 514.08 points to hit its record high of 65,232.64 in early trade. The benchmark […]