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Ken Enterprises Limited, a textile manufacturing company operating since 1998, made a disappointing entry into the public markets on Wednesday, February 12, 2025. The company, which specializes in manufacturing greige fabrics and various textile prod

Gold prices in India witnessed a decline on 12th February, 2025, reversing the strong upward trend observed in recent sessions. The price of gold dipped below the ₹8,700 mark today. Currently, the rate of 22K gold is ₹7,940 per gram, while 24K go

India’s stock market extended its losing streak for the sixth consecutive session on February 12, 2025, as concerns over U.S. trade tariffs, weak earnings, and FII outflows weighed on investor sentiment. The Sensex plunged 676 points (-0.9) to 75,

L.K. Mehta Polymers Limited is launching its Initial Public Offering (IPO), presenting a fixed price issue aggregating to ₹7.38 crore. The IPO consists entirely of a fresh issue of 10.40 lakh shares. L.K. Mehta Polymers IPO opens for subsc

The Securities and Exchange Board of India (SEBI) has exposed a major case of corporate fraud involving Kalahridhaan Trendz Ltd (KTL) and Akshar Spintex Ltd (ASL). Both companies allegedly used a non-existent entity, Beximcorp Textiles, to announce f

Maxvolt Energy Industries Limited is launching its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹54.00 crore. The IPO combines a fresh issue of 24.00 lakh shares (₹43.20 crore) and an offer for sale of 6.00 lakh sha

The United States is expected to increase coal exports to India following China's decision to impose tariffs on energy imports from the U.S., according to five industry officials. This shift could potentially reduce the market shares of Australia and

PS Raj Steels Limited is launching its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹28.28 crore. The IPO consists entirely of a fresh issue of 20.20 lakh shares. PS Raj Steels IPO opens for subscription on F

IndusInd International Holdings Limited (IIHL) is set to complete the acquisition of Anil Ambani’s debt-ridden Reliance Capital by February 26, 2025, after receiving approval from the National Company Law Tribunal (NCLT), according to a report.

In a dramatic turn of events, the Securities and Exchange Board of India (SEBI) has imposed a ban on LS Industries and several related entities following an investigation into suspicious stock price movements and a potential violation of the Foreign

The Indian rupee staged its biggest rally in over two years on February 11, recovering by 21 paise to reclaim the 87 per dollar mark after touching a record low of 87.9563 in the previous session. The sharp appreciation, which made the rupee Asia’s

Eleganz Interiors' initial public offering (IPO) has garnered exceptional investor interest over the three-day subscription period. The IPO demonstrated remarkable growth in demand, with subscription rates progressing steadily from 1.34 times on day