Posts in category Business Standard
eClerx Services appoints director (01-02-2024)
With effect from 01 April 2024
BLS E-Services IPO subscribed 162.48 times on last day of bidding (01-02-2024)
The Initial Public Offer (IPO) of BLS E-Services received a whopping 162.48 times subscription on the last day of bidding on Thursday.
The Rs 311 crore IPO received bids for 2,22,63,80,472 shares against 1,37,02,904 shares on offer, as per NSE data.
The part for non-institutional investors fetched 300.14 times subscription and the portion for Retail Individual Investors (RIIs) got subscribed 237 times. The category for Qualified Institutional Buyers (QIBs) received 123.30 times subscription.
The initial share sale of BLS E-Services Ltd was fully subscribed within minutes of opening for bidding on Tuesday.
The IPO of fresh issue of up to 2,30,30,000 equity shares had a price range of Rs 129-135 a share.
BLS E-Services Ltd on Monday mobilised Rs 126 crore from anchor investors.
The company is a leading technology-enabled digital service provider, offering business correspondent services to major banks in India, assisted e-services; and e-governance services at grass-root levels in
Himadri Clean Energy acquires Himadri Future Material Technology (01-02-2024)
Consequent to the said acquisition, Himadri Future Material Technology has become a wholly owned subsidiary (WOS) of HCEL and a step down wholly owned subsidiary of Himadri Speciality Chemical w.e.f. 01 February 2024.
Board of Bayer CropScience approves change in directorate (01-02-2024)
At meeting held on 01 February 2024
Interim Budget 2024-25: Debt fund managers cheer lower borrowing (01-02-2024)
The decline in bond issuances will further improve the demand-supply dynamic, say money managers
Narayana Hrudayalaya receives ratings action from ICRA (01-02-2024)
Bank facilities of Rs 1200 crore
Long term rating - ICRA AA; Stable (reaffirmed)
Short term rating - ICRA A1+ (reaffirmed)
Ion Exchange wins contract of Rs 152.46 cr (01-02-2024)
For a desalinated water unit for a project in North Africa
Markets end little-changed after no-surprise Budget; Sensex falls 107 pts (01-02-2024)
The Sensex ended the session at 71,645, a decline of 107 points or 0.2 per cent, while the Nifty50 index fell 17 points, or 0.08 per cent, to end 21,709
INR Appreciates Post Interim Budget (01-02-2024)
The Indian rupee appreciated by 8 paise to close at 82.96 against the US dollar on Thursday after the government hinted at faster fiscal consolidation and lower borrowings in its interim Budget for 2024-25. Finance Minister Nirmala Sitharaman in her budget said on Thursday that the government will raise Rs 14.13 lakh crore from the market by issuing dated securities in 2024-25. The countrys fiscal deficit is expected to settle at 5.8% in the current fiscal, better than the budget estimate of 5.9%. Sitharaman reaffirmed that the government would continue on the path of fiscal consolidation, reaching a fiscal deficit below 4.5% by FY26. FY25 net borrowing is seen at Rs 11.75 lakh crore. However, a strong greenback against major rivals overseas and subdued domestic equity markets restricted the sharp gain in the domestic unit. Dollar firmed up after Federal Reserve announcement to maintain interest rates at current higher levels. The Fed also said it does not expect it will be ...
BLS E-Services IPO subscribed 162.40 times (01-02-2024)
The offer received bids for 222.53 crore shares as against 1.37 crore shares on offer.