At meeting held on 26 June 2024
Posts in category Business Standard
Board of Inox Green Energy Services approves fund raise of Rs 1,050 cr (26-06-2024)
At meeting held on 26 June 2024
S. N. Subrahmanyan takes charge as Chairman of LTTS (26-06-2024)
With effect from 27 June 2024
Exide Industries invests further Rs 50 cr in Exide Energy Solutions (26-06-2024)
With this investment, the total investment made by the Company in EESL stands to Rs. 2,502.24 crore. There is no change in the shareholding percentage of the Company in EESL pursuant to such an acquisition.
Vraj Iron and Steel IPO subscribed 3.46 times (26-06-2024)
The offer received bids for 2.12 crore shares as against 61.38 lakh shares on offer.
Allied Blenders and Distillers IPO subscribed 1.51 times (26-06-2024)
The offer received bids for 5.96 crore shares as against 3.93 crore shares on offer.
INR Falls As Dollar Strengthens; Notable Gains In Local Indices Limit Downside (26-06-2024)
The Indian rupee depreciated 17 paise against the US dollar and settled at 83.60 (provisional) on Wednesday, weighed down by the strength of the American currency in the overseas market and elevated crude oil prices. US dollar ticked slightly higher on the back of hawkish comments from Federal officials. Federal Reserve (Fed) Governors Michelle Bowman and Lisa Cook on Tuesday suggested that the central bank is unlikely to kick start its rate-cutting cycle anytime soon amid a resilient US economy. Investors now focus on Thursday’s release of the final US Q1 GDP print and the Personal Consumption Expenditures (PCE) for further cues. Uptick in US benchmark treasury yields at 4.26% are supporting dollar index at 105.61, up 0.33% on the day. However, a firm trend in domestic equities, wherein benchmark indices scaled new peaks, supported the local unit and restricted sharp slide. The benchmark S&P/BSE Sensex jumped 620.73 points, or 0.80 percent, to 78,674.25 while the broader NSE …
Stanley Lifestyles IPO ends with blockbuster subscription (26-06-2024)
The offer received bids for 99.32 crore shares as against 1.02 crore shares on offer.
Nifty June futures trade at discount (26-06-2024)
The NSE’s India VIX slipped 1.86% to 14.05.
Sensex jumps 621 pts; Nifty ends above 23,850; media index advance (26-06-2024)
The barometer index, the S&P BSE Sensex, was up 620.73 points or 0.80% to 78,674.25. The Nifty 50 index gained 147.50 points or 0.62% to 23,868.80.