The initial public offering (IPO) of Manoj Vaibhav Gems ‘N’ Jewellers will open for bidding on Friday, September 22. The three-day bidding will conclude on Tuesday, September 26. Here is what all you need to know about the upcoming IPO: Price band and lot size The company will be sellingRead More

Shares of NTPC witnessed an early-morning surge of up to 2 per cent on Monday following a report that said the company’s mining arm may explore overseas sourcing of battery minerals, including lithium, cobalt, and nickel. At around 12:57 pm, NTPC shares were trading 1.23 per cent higher at RsRead More

The National Stock Exchange’s benchmark index Nifty 50 index created fresh record high and closed above crucial 20,000 mark for second day in a row led by Mahindra & Mahindra, Infosys, Tata Steel, Axis Bank, Larsen & Toubro and Tech Mahindra. The markets traded in a narrow range as investorsRead More

Rating agency CRISIL on Tuesday (September 12) said its arm CRISIL Ratings Ltd unveiled a plan to establish a new step-down subsidiary named CRISIL ESG Ratings & Analytics Ltd. The subsidiary’s primary focus will be on the business of Environmental, Social, and Governance (ESG) ratings. However, it’s important to noteRead More

Hypermarket chain and mall operator Lulu Group International expects to launch its initial public offering (IPO) in the first half of 2024, its chairman said on Monday, adding that the company’s shares will be listed in gulf. The UAE-headquartered company has appointed Moelis and Co as its advisor for theRead More

Bringing companies together through mergers and acquisitions (M&A) or disengaging them through divestitures and separations are some of the most complex business activities. After a lull in M&A activity owing to covid-19, 2022 saw action in the space at par with pre-pandemic levels. According to the Boston Consulting Group, byRead More

Investments have become an important aspect in our financial lives. Therefore, it is necessary to pick and choose the right financial product to keep your money safe and earn side by side. As a lot of financial products are available in the market, it is slightly difficult to choose theRead More

The depreciation of rupee (INR) continued for the fourth straight day Rupee settled 9 paise lower at its lifetime low of 83.22 (provisional) against the US dollar on Thursday amid a firm American currency and elevated crude oil prices. According to forex traders, the positive trend in the domestic equityRead More

The Chairperson of the International Financial Services Authority (IFSCA) K Rajaraman on September 6 said they are coming up with the payment regulations in the GIFT City in the next few months. “We are coming up with the payment regulations shortly, may in the next few months. This will enableRead More

When questioned about the possibility of finalising these agreements before the upcoming elections, a government official stated that “efforts are currently in progress.” Currently, senior officials from India and the UK are engaged in the 13th round of negotiations over the proposed deal. UK Business and Trade Secretary Kemi BadenochRead More