Karnataka CM flags off 100 non-AC e-buses of BMTC, plans to induct 1,400 more e-buses by April 2024

Karnataka Chief Minister Siddaramaiah flagged off 100 non-AC electric buses of the Bengaluru Metropolitan Transport Corporation (BMTC) and announced that the STU will induct 1,400 e-buses by April next year. The 100 buses are part of the 921 non-AC Tata e-buses being inducted under the Centre’s FAME 2 (Faster Adoption & Manufacturing of Electric Vehicles […]

Markets Wrap – Fri, 3 Feb ‘23: Stocks skyrocket, rupee gains; Asia, Europe markets, Gold, Crude, Crypto updates

Domestic equity indices rallied over 1.5% on Friday with Sensex closing above 60,800 and Nifty 50 settling above 17,850. During the day indices remained volatile, but towards the end of the session, they surged, ending broadly in green. The top gainers of the BSE Sensex were Titan (up 6.87%), Bajaj Finserv (up 5.15%), Bajaj Finance […]

Sebi returns IPO papers of Akme Fintrade

Capital markets regulator Sebi has returned the draft IPO papers of non-banking financial company Akme Fintrade (India) Ltd, a move that might delay the company’s initial share sale. The proposed initial public offer (IPO) comprised fresh issuance of 1.1 crore equity shares with no offer for sale (OFS) component. Proceeds of the issue are proposed […]

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