Posts in category Business Standard
BSE, NSE to conduct special trading session testing disruption readiness (19-01-2024)
Leading stock exchanges BSE and NSE will conduct a special trading session in the equity and equity derivative segment on Saturday to check their preparedness to handle major disruption or failure at the primary site.
The special live trading session will have intra-day switch over from Primary Site (PR) to Disaster Recovery (DR) site.
The exchanges said there will be two sessions -- the first from 9.15 am to 10 am from the PR, and the second from 11.30 am to 12.30 pm from the DR site.
During the special session, all securities, including those on which derivative products are available, will have a maximum price band of 5 per cent.
Securities already in the 2 per cent or lower price band, will continue to be available in the respective bands.
"Trading members are requested to note that the exchange will conduct a special live trading session with intraday switch over from Primary Site (PR) to Disaster Recovery Site (DR) on Saturday, January 20, 2024 in equity and equity derivativ
Sebi to crack down on inflation of IPO subscription, spots such 3 cases (19-01-2024)
Regulator considering policy review and enforcement action against merchant bankers, says Madhabi Puri Buch
Bansal Wire Industries files draft papers to mobilise Rs 745 cr via IPO (19-01-2024)
Steel wire manufacturer Bansal Wire Industries Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 745 crore through an Initial Public Offering (IPO).
The maiden public issue is an entirely fresh issue of equity shares with no Offer-For-Sale (OFS) component, according to the Draft Red Herring Prospectus (DRHP) filed on Thursday.
Funds will be used for the payment of debt, to support the working capital requirements of the company, and for general corporate purposes.
Bansal Wire Industries is engaged in the business of manufacturing and exporting steel wires. It operates in three broad segments -- high carbon steel wire, mild steel wire (low carbon steel wire) and stainless steel wire.
Also, the company plans to add a new segment of specialty wires through its upcoming plant in Dadri, which will help it grow and expand its market presence in the upcoming fiscals.
The company's total income increased at a CAGR of 28 per cent to Rs 2,422.56 crore in fisc
Bharti Airtel hits fresh peak, soars 5% on hopes of tariff hikes in 2024 (19-01-2024)
Telecom operators raised tariffs in 2019 and 2021 and analysts at BNP Paribas expect tariff hike in mid-2024 after the general elections
ICICI Bank Q3 loan book may grow 19%; asset quality seen steady: Analysts (19-01-2024)
ICICI Bank is scheduled to report its Q3FY24 results on Saturday, January 20
Railway-related stocks rally up to 18%; IRFC m-cap crosses Rs 2 trillion (19-01-2024)
RVNL, IRFC, IRCON International, NBCC, RailTel Corporation of India and Texmaco Rail & Engineering were up in the range of 5% to 18%.
Aarti Ind jumps 13% in 2 days on winning long-term contract worth Rs 6K cr (19-01-2024)
The contract entails supply over a period of four years and is anticipated to generate revenue of over Rs 6,000 crore for the company
HUDCO rallies 14% on heavy volumes; zooms over 100% since November (19-01-2024)
Since November, the stock of the state-owned financial institution has zoomed 109 per cent
Stock of this packaged foods company has zoomed 75% in 2 months (19-01-2024)
Prataap Snacks surged 4 per cent in early deals on Thursday as reports said Haldiram's is eyeing a 51 per cent stake in the company
Rising interest rates threaten India’s credit growth, pressure margins (19-01-2024)
While Samsung Electronics Co. disappointed last week, the country's chip output and shipments grew the most in years in November, reviving optimism about the outlook