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India's government is preparing to increase the cap on foreign direct investments from 49 to 74 for military industries which have licenses currently under the automatic route. They are also preparing to eliminate some of the other dissuasive measu
INDO SMC Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third and final day of subscription. The stock price band is set at ₹141-149 per share. The ₹91.95 crore IPO reached 110.28 times by 4:5
GRE Renew Enertech Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third and final day of subscription. The stock price band is set at ₹100-105 per share. The ₹39.56 crore IPO reached 16.49 tim
Narmadesh Brass Industries Limited's initial public offering (IPO) has demonstrated moderate investor interest through its fourth day of subscription. The fixed issue price is set at ₹515 per share. Narmadesh Brass Industries IPO subscription
The price of oil stabilised after slumping to its largest drop since June, with the United States signalling that there would be no swift retaliation against Iran. West Texas Intermediate remained around $59 a barrel after falling 4.6 per cent on Thu
Midcap companies are expected to see a year-on-year Profit after tax growth of 16 for the December quarter, while Smallcap companies will see a considerably higher growth rate of 30, according to estimates from Elara Capital. The reason fo
On Friday, the Shanghai and London metals markets saw large declines due to increased regulatory crackdown on Chinese high-frequency traders. As a result, many exchanges like Shanghai Futures Exchange, which is the primary venue for trading metals, r
The Nifty IT index rallied by 3 on Friday's intraday trade session on the National Stock Exchange. Infosys was the biggest game changer in this sectoral rise of the Nifty IT index. Its share price increased by 5, leading to a ₹1,683.70 cost
The Bank Nifty Index reached an increase of approximately 1 to 60,160.85 early in the trade session before midday on January 16, which signified that it had climbed back above the key support level of 60,000, which had been tested for the past four
Early Friday trading today saw the rupee lose ten paise to 90.44 against the U.S. dollar for the third consecutive day and a solid indication that the declines were caused by foreign investment outflows and strength in the U.S. dollar. However, the d
The Securities and Exchange Board of India (SEBI) may broaden its regulatory scope to encompass unlisted shares in India, which currently falls outside its formal regulatory framework. SEBI and the Ministry of Corporate Affairs are discussing how muc
The Securities and Exchange Board of India (SEBI) has approved a plan to reduce the required margins needed to conduct cash market transactions in order to promote more activity, according to an exclusive report by Moneycontrol. In addition, SEBI is
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