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IPO 51 Times Subscribed on 2nd Day

Quadrant Future Tek IPO Subscribed 51.82 times on 2nd day of opening, as it open on 7th of Jan with price band ₹275 – ₹290 and premium on 8th of Jan is ₹210 Estimated price ₹500 (72.41%) which is on high demand in retailers application was full 100% in first hour of opening. The minimum […]

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January, 08 2025 16:43 PM

How to Check IPO Allotment Status, What is GMP and Why is New IPO Allotment Necessary

Initial Public Offering is a process through which a private company offers its shares to the public for the first time and makes its private company public. So it makes its company’s shares available to the public for investors through IPO. The main purpose of an IPO is to raise capital, so that money can […]

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January, 08 2025 16:31 PM

ET Market Watch: Sensex, Nifty close lower, financial and consumer stocks drag

The BSE Sensex dipped by 50.62 points, closing at 78,148.49, a 0.06% drop. On the other hand, the Nifty 50 index also saw a slight decline, down 18.95 points, ending at 23,688.95 or a 0.08% decrease.

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January, 08 2025 16:12 PM

SEBI’s new rules for RAs, IAs: Dual registration, AI oversight, fee caps

The existing RAs will have to ensure compliance with the deposit requirement by April 30, 2025

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January, 08 2025 16:12 PM

Moderna stock on track for 20% weekly gain after US bird flu death

Moderna stock was on track to see a weekly gain of over 20% as of Wednesday following the first reported bird flu death in the US.

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January, 08 2025 16:12 PM

ET Market Watch: Sensex, Nifty close lower, financial and consumer stocks drag

The BSE Sensex dipped by 50.62 points, closing at 78,148.49, a 0.06% drop. On the other hand, the Nifty 50 index also saw a slight decline, down 18.95 points, ending at 23,688.95 or a 0.08% decrease.

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January, 08 2025 16:10 PM

SEBI’s new rules for RAs, IAs: Dual registration, AI oversight, fee caps

The existing RAs will have to ensure compliance with the deposit requirement by April 30, 2025

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January, 08 2025 16:10 PM

Moderna stock on track for 20% weekly gain after US bird flu death

Moderna stock was on track to see a weekly gain of over 20% as of Wednesday following the first reported bird flu death in the US.

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January, 08 2025 16:10 PM

Paytm Allots 1.48 Lakh Shares Under ESOP Schemes

Fintech giant Paytm has allotted 1.48 Lakh equity shares to its eligible employees under various employee stock option plan (ESOP) schemes.

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January, 08 2025 03:30 AM

Nifty 50 companies likely to post gradual recovery in December quarter

According to the ETIG quarterly estimates, the sample’s revenue and net profit may grow by 5.7% and 13.2%, respectively. In the previous quarter, revenue and profit had grown by 5.6% and 6.7%, respectively.

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January, 08 2025 03:30 AM

F&O activity shows signs of cooling as regulatory curbs bring intended effect

Now, exchanges offer weekly contracts of only their benchmarks. Nifty weekly contracts expire every Thursday, and Sensex contracts expire on Fridays. As a result, the volatility has been restricted to these two days. Starting January 1, Sensex weekly contract expiries have shifted to Tuesday from Friday.

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January, 08 2025 03:30 AM

India Inc wakes up to stern default rule

A new rule by SEBI mandates that any delay in a single rupee’s payment categorizes a company as a defaulter, impacting their credit rating temporarily. Even operational technicalities unrelated to financial instability can lead to volatile market reactions and necessitate rigorous compliance measures to avoid such downgrades.

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January, 08 2025 00:30 AM

India likely to grow at slower clip of 6.4%, say First Advance Estimates for FY25

India’s economy is expected to grow by 6.4% in FY25, the slowest in four years, due to weak manufacturing and low investments, per the National Statistical Office. Economists suggest the government take measures in the upcoming budget to boost growth. The RBI may face pressure to cut rates. Private consumption is positive but private investment […]

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January, 08 2025 00:30 AM

Paytm Allots 1.48 Lakh Shares Under ESOP Schemes

Fintech giant Paytm has allotted 1.48 Lakh equity shares to its eligible employees under various employee stock option plan (ESOP) schemes.

Read more

January, 08 2025 00:30 AM

Aadhaar-based payments using face scan yet to fall into place

Facial recognition-based Aadhaar payments, launched by NPCI, have not gained traction even after a year due to limited implementation by banks. Public-sector banks like SBI seek a desktop version from UIDAI. Facial recognition promises lower costs and better reliability compared to other Aadhaar verification methods.

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January, 07 2025 21:30 PM

India likely to grow at slower clip of 6.4%, say First Advance Estimates for FY25

India’s economy is expected to grow by 6.4% in FY25, the slowest in four years, due to weak manufacturing and low investments, per the National Statistical Office. Economists suggest the government take measures in the upcoming budget to boost growth. The RBI may face pressure to cut rates. Private consumption is positive but private investment […]

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January, 07 2025 21:30 PM

India Inc wakes up to stern default rule

A new rule by SEBI mandates that any delay in a single rupee’s payment categorizes a company as a defaulter, impacting their credit rating temporarily. Even operational technicalities unrelated to financial instability can lead to volatile market reactions and necessitate rigorous compliance measures to avoid such downgrades.

Read more

January, 07 2025 21:30 PM

Mukesh Ambani-led Reliance Industries has the potential to grow by 19% in FY26: Bernstein Research

The brokerage noted that after experiencing a $50 billion decrease in market cap since September 24, driven by a 13% reduction in EPS and a 10% decrease in EBITDA consensus earnings, Reliance’s EBITDA has hit a low point and has the potential to grow by 19% or more in FY26.

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January, 07 2025 18:30 PM

NSE adds NBCC, Torrent Power, 4 more stocks into F&O segment. Contracts to trade from January 31

The NSE of India will include six new stocks in the Futures and Options segment from January 31, 2025. The stocks are Castrol India, Gland Pharma, NBCC, Phoenix, Solar Industries India, and Torrent Power. Details about market lot and scheme of strikes will be announced on January 30, 2025.

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January, 07 2025 18:30 PM

Puravankara appoints Deepak Rastogi as CFO

Puravankara Limited appoints Deepak Rastogi as CFO, aiming to enhance financial controls and operational efficiencies for future growth.

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January, 07 2025 18:30 PM

Loews corp’s director emeritus Andrew Tisch sells $1.37m in stock By Investing.com

Loews corp’s director emeritus Andrew Tisch sells $1.37m in stock

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January, 07 2025 03:30 AM

India Inc raises vigil as HMPV respiratory infections rise in Southeast Asia

HMPV caught global attention when China reported a surge in the respiratory illness with flu-like symptoms in the week ended 22 December, with the country’s disease control authority noting an upward trend in cases.

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January, 07 2025 03:30 AM

Union Bank’s lag in deposits weighs on stocks of peers

Shares of Union Bank of India dropped 7.8% while Bank of Baroda and Punjab & Sind Bank slid 5.9% and 5.2%, respectively.

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January, 07 2025 03:30 AM

Quadrant Future Tek IPO

Quadrant Future Tek IPO is raising ₹290 crore through a fresh issue of 1 crore shares. Quadrant Future Tek IPO’s estimated listing price is ₹500 (cap price + today’s GMP).The expected percentage gain/loss per share is 72.41% as on 6th of Jan 2025. IPO will open for subscription on 7th Jan, 2025, and close on 9th Jan, 2025. The allotment will be […]

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January, 07 2025 02:49 AM

Bajaj Finserv Q3 Updates: General Insurance Premium At Rs 1,331 Crore

Bajaj Finserv Ltd. has released a business update ahead of its December quarter earnings. Bajaj Allianz General Insurance Company reported a general insurance premium of Rs 1,331 crore for the month, while Bajaj Allianz Life Insurance Company recorded a total life insurance premium of Rs 1,055 crore. For the April-December period of the current fiscal […]

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January, 07 2025 00:30 AM
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