Posts in category All News
Arvind Kejriwal’s absence affecting policy decisions, welfare measures? All you need to know (21-06-2024)
Several important initiatives are stalled, including the appointment of a new minister to replace Raaj Kumar Anand, who resigned ahead of the Lok Sabha polls; the Mukhyamantri Mahila Samman Yojana, which provides Rs 1,000 per month to women over 18; revisions to dearness allowance in minimum wages; and policies for the maintenance and strengthening of Delhi’s arterial roads. Proposals for modernising Delhi, such as cloud kitchens, food trucks, Dilli Bazaar, start-ups, and industrial and economic development policies, also await approval.
Morgan Stanley buys 1.7 cr shares of Axis Bank for Rs 2,083 crore (21-06-2024)
According to bulk deal data from the NSE, Morgan Stanley acquired 17,000,000 shares, representing a 0.5% stake in Axis Bank. The shares were purchased at an average price of Rs 1,225.75 each, totalling Rs 2,083.77 crore.
HC gives relief to JP Nadda, Amit Malaviya, exempts them from personal appearance in police case (21-06-2024)
Karnataka High Court grants interim relief to BJP leaders JP Nadda and Amit Malaviya in connection with FIR by Kalaburagi police during Lok Sabha polls.
Investors subscribe IPO of Stanley Lifestyles 1.43 times offer size (21-06-2024)
The initial public offer of luxury furniture brand Stanley Lifestyles got subscribed 1.43 times on the first day of subscription on Friday.
The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE data.
The category for non-institutional investors fetched 2.01 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 1.80 times. The part meant for Qualified Institutional Buyers (QIBs) received 30 per cent subscription.
The Initial Public Offer (IPO) has a fresh issue of up to Rs 200 crore and an offer for sale of up to 91,33,454 equity shares.
Price range for the offer is fixed at Rs 351-369 per share.
Stanley Lifestyles on Thursday said it has raised a little over Rs 161 crore from anchor investors.
The Rs 537 crore IPO will conclude on June 25.
The net proceeds from the fresh issue to the tune of Rs 90.13 crore will be used by the company towards expenditure for opening new stores, Rs 39.99 crore
Pre-IPO lock-in periods ending for 46 firms, freeing up shares worth $12 billion (21-06-2024)
Pre-listing shareholder lock-in periods of 46 companies will be lifted between June 24 and September 30