November 7, 2023 New Delhi, India Market Tensions Lead to Slight Price Dips Oil prices experienced a slight decline as concerns over weak oil demand in China took precedence in the market. The world’s second-largest oil consumer, China, plays a pivotal role in influencing global oil prices, and investors are closely eyeing key economic data…
October 31, 2023 New Delhi, India India’s Fiscal Performance in H1 FY24: A Close Look India’s fiscal deficit stood at ₹7.02 lakh crore in the first half (April-September) of the financial year 2023-24, comprising 39.3% of the estimated deficit for the entire fiscal year, as per official data released recently. Fiscal Targets and Government’s Aims:…
October 27, 2023 New Delhi, India Delhi-NCR Commuters Can Now Enjoy Seamless Payment Solutions Prime Minister Narendra Modi recently launched an innovative payment solution that promises to simplify the daily transactions of millions of commuters in the Delhi-NCR region. The Paytm Payments Bank Wallet & Transit Card, known as the National Mobility Card (NCMC), aims…
October 25, 2023 New Delhi, India Colgate-Palmolive India’s Q2 Success: A 22% Profit Boost Revenue Growth and Operational Efficiency Drive Strong Performance In a recent financial update, Colgate-Palmolive India has revealed impressive results for the second quarter of the fiscal year, reporting a 22% surge in net profit compared to the same period in the…
October 25, 2023 New Delhi, India Tech Mahindra Q2 Results Tech Mahindra, a leading IT firm in India, has disclosed a significant decline in its Q2FY24 net profit. Here’s a summary of the key developments: Q2FY24 Net Profit Drops 61.1% YoY Tech Mahindra’s financial results for Q2FY24 reveal a consolidated net profit of ₹505.3 crore….
September 11, 2024 New Delhi, India IPO News Tolins Tyres’ Initial Public Offering (IPO) opened on September 9 and closes today, September 11. The company aims to raise approximately ₹230 crore through the IPO, which is set to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Key Highlights of…
September 3, 2024 New Delhi, India Bajaj Housing Finance, a prominent non-deposit-taking housing finance company, is set to launch its initial public offering (IPO) on Monday, September 9. The company aims to raise ₹6,560 crore, comprising a fresh share sale worth ₹3,560 crore and an offer-for-sale (OFS) of ₹3,000 crore by its promoter, Bajaj Finance…
August 8, 2024 New Delhi, India Unicommerce IPO The Unicommerce eSolutions IPO has gained significant traction as it enters its third and final day of subscription. The IPO, which opened on August 6, is an entirely offer-for-sale (OFS) of 2.56 crore shares. With a price band set at ₹102 to ₹108 per share, retail investors…
July 18, 2024 New Delhi, India IPO Watch Kataria Industries’ Initial Public Offering (IPO) has garnered significant interest, being subscribed over 14 times on the second bidding day. The IPO, which opened on Tuesday, July 16, and closes on Friday, July 19, has seen strong demand across all investor categories. IPO Details: Price Band: ₹91…
July 16, 2024 New Delhi, India Sati Poly Plast IPO The Sati Poly Plast IPO has received an overwhelming response from investors, with subscriptions reaching 194.03 times by the final day of bidding. Here’s a comprehensive guide to the subscription details, Grey Market Premium (GMP), allotment date, listing date, and more. Key Highlights: IPO Subscription:…
