The activity in the primary market will continue with four initial public offerings (IPOs) that will be available for subscription and 10 companies that will be listed in the stock exchanges. While the number of new public issues is lower than last w
Fintech unicorn Moneyview has secured the Securities and Exchange Board of India’s (SEBI) approval to move ahead with its proposed initial public offering (IPO). The market regulator issued its final observation letter on June 29, enabling the comp
The Central government is expected to unveil a revamped Gold Monetisation Scheme (GMS) within the next two weeks, according to sources familiar with the matter. The proposed framework is aimed at mobilising more than 1,000 tonnes of idle household go
Growth in India’s services sector slowed in June, as the HSBC India Services Purchasing Managers’ Index (PMI) Business Activity Index dipped to 57.4 from 59.8 in May, on the back of weakening domestic demand and slowing growth in new business ord
CG Power share price, Hitachi Energy share price and several other power equipment stocks declined sharply on Friday after the Centre granted limited permission to four Chinese-linked manufacturers operating factories in India to bid for government c
Around 25 of the Nifty 50 constituents have delivered negative to low single-digit compounded annual growth rate (CAGR) returns over the past five years, significantly underperforming the benchmark index. A review of the index’s performance shows
PB Fintech share price fell nearly 8 in early trade on Friday after a block deal worth around ₹1,741 crore was executed on the exchanges. The transaction involved approximately 2.37 of the company’s equity and came amid reports that Singapore-b
Adani Enterprises has increased the size of its qualified institutional placement (QIP) to ₹15,000 crore from the initially planned ₹10,000 crore after attracting strong demand from institutional investors. The enlarged issue follows robust parti
HCL Technologies share price rose more than 4 in early trade on Friday after the IT services company announced a strategic contract valued at approximately $1.14 billion with a Europe-headquartered Fortune Global 50 company. The agreement focuses on
Gift Nifty pointed to a positive start for Indian equities on Friday, with the derivatives index trading at a healthy premium over the previous Nifty futures close. Investors will also monitor overnight developments, including U.S. economic data, glo
The Indian rupee appreciated by 18 paise against the U.S. dollar at the opening on Friday, supported by broad-based weakness in the U.S. currency following weaker-than-expected U.S. employment data. The domestic currency opened at 95.21 against the U
Crazy Snacks Ltd, incorporated in 2003 as a manufacturer of packaged snacks and namkeen products offering diverse portfolio of traditional Indian snacks including bhujia, sev, mixture, chips, and other savory items catering to retail consumers and in
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