The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.
Among major Sensex gainers, Mahindra & Mahindra rose the most by 3.29 per cent. Adani Ports gained 1.26 per cent, Tata Motors by 1.14 per cent, and Axis Bank by 0.92 per cent. Nestle, NTPC, Reliance, ITC Titan, Kotak Bank, Infosys and TCS also gained. HCL Tech, Tech Mahindra, and ICICI Bank were the losers.
Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp decline. The growth was largely driven by strong performance from private sector life insurers.
Thackeray said there was no certainty that people will vote for the ruling alliance even after schemes like the Ladki Bahin Yojana.
Flamboyant keeper-batter Ishan Kishan walked into the middle and he looked in the mood as he played some impressive shots, including pulling O'Neill for a six.
India is marching towards becoming the fourth country in the world to have space docking technology.
China has approved the construction of the world's largest dam on the Brahmaputra River in Tibet, close to the Indian border. The USD 137 billion project, which is expected to dwarf even China's own Three Gorges Dam, has raised concerns in India and Bangladesh, the downstream riparian states. Concerns in India are centered around China's potential to control water flow, potentially enabling the release of large amounts of water to flood border areas in times of hostilities. The dam is part of China's 14th Five-Year Plan, and the Chinese government claims that the project is safe and prioritizes ecological protection.
Chauvin was convicted in April of second-degree murder, third-degree murder and second-degree manslaughter. He faced up to 40 years in prison for second-degree murder, up to 25 years for third-degree murder and up to 10 years for manslaughter.
An intenet phone; it comes with 2.8-inch display and 2MP camera.
Mitchell Santner played through the pain barrier as New Zealand secured their maiden series win in India going back to 1955 and the left-arm spinner said picking up wickets regularly in the second test had helped him persevere.
According to the daily, the fine is expected to be the largest penalty ever levied on a single company by the US Federal Trade Commission.
The battered rupee gained 225 paise to 66.55 against the dollar today, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting a facility for state-run oil refiners to buy foreign exchange.
After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far - 153 per cent more than the $240.9 million across 106 deals during the same period last year - according to data from market intelligence platform Tracxn.
Postman, a leading application programming interface platform, has secured $225 million in a Series D round, placing its valuation at $5.6 billion. With this, Postman has emerged as the most-valued software-as-a-service (SaaS) firm started by Indian founders, overtaking web and mobile testing firm BrowserStack, which was valued at $4 billion in June. The valuation of the San Francisco-headquartered firm with offices in Bengaluru, where it was founded, has almost trebled in just about one year and risen multi-fold since 2019. Postman, with team members spread across four continents, had secured $150 million in a Series C investment round led by Insight Partners at a $2-billion valuation last summer.
Quoting the company's Chief Financial Officer James M Follo, the report said real estate firm Cushman & Wakefield has been retained to act as its agent to secure financing, 'either in the form of a mortgage or a sale-leaseback arrangement'. The report said that the company's portion of the building is not currently mortgaged.
Kingfisher Airlines has introduced a daily service between Delhi-Srinagar and Mumbai-Srinagar.
Hyundai Motor India (HMIL) raised Rs 8,315 crore from anchor investors on Monday, setting the stage for the country's biggest-ever maiden share sale. The Indian arm of the South Korean carmaker Hyundai Motor Company (HMC) allotted 42.4 million shares to 225 funds at Rs 1,960 apiece, the higher end of its price band. Among the investors receiving allotments were the Singapore government's sovereign wealth fund (GIC), New World Fund, and Fidelity.
Maharashtra secured a resounding 439-run victory over Baroda in a Group A Ranji Trophy match, keeping defending champions Mumbai's hopes alive for the knockout stage.
InterGlobe Aviation's promoter Rakesh Gangwal on Monday sold shares worth Rs 6,785 crore of the company through open market transactions. The co-founder of the company, which operates the country's largest airline IndiGo, offloaded 2.25 crore shares of IndiGo amounting to 5.83 per cent stake, according to bulk deal data on BSE.
Micromax launched a range of LED TVs priced between Rs 15,990 and Rs 129,990. The company eyes a revenue of Rs 225 crore from this segment in this fiscal
The third phase of the Lok Sabha elections for 94 seats will take place on Tuesday, May 7, 2024, covering 12 states.
Maharashtra government on Monday offered to provide 22.5 per cent of the developed land to those whose lands would be acquired for the Navi Mumbai International Airport project.
Our politicians need to take a leaf out of Mr Trump's personalised merchandise sale: It keeps his image in the public eye, continuing to engage him differently and innovatively with his supporters, points out Sandeep Goyal.
Investors' wealth eroded by Rs 9.51 lakh crore on Monday morning, following a crash in equity markets where the benchmark Sensex tanked over 2,400 points, mirroring a sharp plunge in global peers. The 30-share BSE benchmark tanked 2,401.49 points to 78,580.46 in early trade. Following the sharp decline in equities, the market capitalisation of BSE-listed firms dropped by Rs 9,51,771.37 crore to Rs 4,47,65,174.76 crore ($5.35 trillion) during the morning trade.
Quoting a study conducted by the Department of IT in consultation with the National Manufacturing Competitiveness Council, it said that 'an estimated 2.25 million persons would be directly employed in the industry (IT) by 2015 as against 0.77 million in 2007'. Minister of state for labour and employment Harish Rawat told the Lok Sabha that incremental human resource requirement has been estimated to be around 1.5 million persons.
During the first quarter ended June, gross tax collections fell 31 per cent driven down by a massive 76 per cent plunge in advance tax mop-up, as the country was in a full lockdown due to the pandemic.
From the 30 Sensex pack, State Bank of India, Mahindra & Mahindra, Bharti Airtel, Titan, HDFC Bank, IndusInd Bank, Axis Bank and Bajaj Finance were the biggest laggards. JSW Steel, Tech Mahindra, Larsen & Toubro, Hindustan Unilever, HCL Technologies and Reliance Industries were among the gainers from the pack.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The dream run began with the pair of Ashwin, who made his debut in November 2011, and Jadeja, who played his first Test in December 2012, coming together to form a lethal spin combination.
A sharp decline in crude and strengthening of the rupee added to the buoyancy.
India's largest power company NTPC plans to invest a massive Rs 2,25,000 crore (Rs 2.25 trillion) in the next seven years in capacity expansion to become a 75,000-MW entity, company's chairman and managing director R S Sharma said on Tuesday.
Arshdeep was lethal in India's seven-wicket win over USA, snaring four wickets for just nine runs in New York on Wednesday.
Indian javelin thrower Annu Rani once again failed to impress on the global stage
The runners-up will earn at least $1.28 million, while the losing semi-finalists will take home $787,500 each.
BCCI announced a fixed match fee of Rs 7.50 lakh for all players selected to play the IPL league games with an additional 1.05 crore income over and above their salaries.
Sarvesh Kushare said Neeraj Chopra's advice has boosted his confidence as at one point in time this year, he was not even sure of making the Paris Games cut.
The latest report showed that between October and December 2023, over 2.25 million videos (2,254,902) were removed in India for violating YouTube's community guidelines. India topped the list of 30 countries in video removals.
'Party workers sit outside polling booths and they know everything that is happening.' 'Besides, as a voter when you push the EVM button to vote there is a paper slip that comes out showing you who you voted for.'
'The people of India have shown immense faith in the Tata group as they have never broken the trust of Indians.'
