Udayshivakumar Infra’s Rs 66 crore IPO opened for subscription on Monday and will conclude on Thursday, 23 March. The price band for the IPO has been fixed at Rs 33-35 a share. Udayshivakumar Infra IPO comprises a fresh issue of two crore equity shares. Ahead of the IPO, the issue was opened for anchor investors […]
By Bhavik Patel Gold and Silver prices saw sharp run up this week on back of safe-haven demand. Fears of a global financial crisis are increasing after the sharp fall of Credit Suisse bank. The banking turmoil started last week in the US which was the biggest bank failure since the 2008 Great Financial Crisis. […]
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 […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of only one stock/security on Friday, January 6, 2023. Indiabulls Housing Finance is the stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Friday. According to the NSE, the stock mentioned above is prohibited in the […]
The Commerce Ministry in its annual review on Tuesday said that more than 1.14 lakh startups have been recognized by the government which have reported the creation of more than 12 lakh jobs with an average of 11 jobs created by each recognised startup under the Startup India programme. “Several programs have been implemented over […]
By Siddhant Mishra Inflows into equity mutual funds (MFs) in January came in at Rs 12,546.5 crore, showed data released by the Association of Mutual Funds in India (Amfi) on Thursday. This was a sharp rise from December inflows which stood at Rs 7,303 crore. All categories of equity schemes registered inflows. Midcap and smallcap […]
Taiwanese and South Korean stock markets closed 1% higher on Wednesday, December 14, 2022, following the positive global market trend. FTSE TWSE Taiwan 50 Index rose 178.87 points or 1.61% to 11,271.36 and KOSPI Composite Index climbed 26.85 points or 1.13% to 2,399.25. The Taiwan 50 Index touched an intraday high of 11,274.90 and a […]
Entitled Solutions, which makes health and financial services accessible to urban low-income workers, has raised an extended seed round of $1.3 million from security, facility management and cash logistics company SIS, it announced on Wednesday. The company will use capital towards supporting its product development, including the creation of new credit products such as two-wheeler […]
Oil fell in early Asian trade on Wednesday, paring two straight days of gains after an industry report showed U.S. crude inventories rose unexpectedly last week in a sign fuel demand may be weakening. Brent futures, which have risen more than 3% this week, were down 48 cents, or 0.6%, at $74.84 a barrel at […]
Oyo Hotels is reducing the shares it aims to sell via a stock-market debut by about two-thirds, an effort by its founder to get the sale done even after tech valuations plunged. The once-high-flying company is preparing to file a fresh initial public offering document as soon as this week, said two people familiar with […]
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