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December 19, 2024 New Delhi, India SpiceJet Shares SpiceJet has reached an amicable settlement with aircraft lessor Genesis, resolving a $16 million dispute. The agreement involves a $6 million cash payment and $4 million in equity issuance at ₹100 per share. Key Highlights Settlement Terms: $6 million cash payment. Genesis acquires $4 million worth of…
December 19, 2024 New Delhi, India Inventurus Knowledge Solutions Shares Inventurus Knowledge Solutions (IKS Health) made a stellar debut on December 18, with its shares listing at ₹1,900 on the NSE, marking a 43% premium over the IPO price of ₹1,329. On the BSE, the stock opened at ₹1,856, reflecting a gain of 39.65%. IPO…
December 19, 2024 New Delhi, India $1 = Rs. 85 Rupee plunged to an all-time low of ₹85 against the US dollar on Thursday, marking a historic breach of the psychological level. The decline follows the U.S. Federal Reserve’s hawkish stance, with a 25 basis points rate cut and a scaled-down projection of rate cuts…
December 18, 2024 New Delhi, India SEBI Bans YouTuber Ravindra Balu Bharti The Securities and Exchange Board of India (SEBI) has taken stern action against YouTuber Ravindra Balu Bharti and his company, Ravindra Bharti Education Institute, for running an unregistered investment advisory business. Bharti and his institute have been ordered to repay ₹9.5 crore, the…
December 18, 2024 New Delhi, India Vishal Mega Mart IPO Vishal Mega Mart Limited made an impressive stock market debut on Wednesday, December 18, 2024, listing at ₹110 on the BSE, a 41% premium over its issue price of ₹78. On the NSE, the shares opened at ₹104, reflecting a 33.33% premium. The ₹8,000-crore IPO…
December 18, 2024 New Delhi, India Mobikwik Makes a Grand D-Street Debut, Surging Over 50% on Listing Day Mobikwik shares soared on Wednesday, December 18, 2024, marking a stellar debut on Dalal Street. The shares listed at ₹442.25 on the BSE, a premium of 58.51% over the issue price of ₹279. On the NSE, the…
December 17, 2024 New Delhi, India Stock Market Live The Indian equity markets saw a sharp decline on December 17, 2024, as both the Sensex and Nifty extended their losing streak for a second consecutive day. The Sensex tumbled by 1,064.12 points (1.30%) to close at 80,684.45, while the Nifty shed 332.25 points (1.35%), settling…
December 17, 2024 New Delhi, India NMDC Announces Record Date for Bonus Shares NMDC has fixed Friday, December 27, 2024, as the record date to determine the eligibility of shareholders for its 2:1 bonus share issue. Bonus Issue Ratio: 2 new equity shares for every 1 existing share held. Total Bonus Shares: 586,12,11,700 equity shares…
December 16, 2024 New Delhi, India Stock Market Today Indian equity markets ended on a weak note on December 16, with the Sensex falling 384.55 points (0.47%) to close at 81,748.57, and the Nifty slipping 100.05 points (0.40%) to settle at 24,668.25. Heavy selling in IT and metal stocks overshadowed gains in realty and media…
December 16, 2024 New Delhi, India LG Electronics India Prepares for $15 Billion IPO South Korea’s LG Electronics is set to list its Indian subsidiary on domestic stock exchanges, aiming for a valuation of up to $15 billion. The IPO, expected in the first half of 2025, reflects the company’s strategy to enhance brand visibility…
