Posts in category Business Standard
New Binance CEO Richard Teng’s first job is to avert customer exodus (22-11-2023)
Teng, 53, succeeded Zhao as the chief executive of the world's largest crypto exchange after the company and Zhao pleaded guilty to US anti-money laundering and sanctions violations
Tata Tech IPO fully subscribed within minutes of opening for subscription (22-11-2023)
The Initial Public Offer (IPO) of Tata Technologies, which provides engineering and product development digital services, was fully subscribed within minutes of opening for subscription on Wednesday.
The Rs 3,042.5 crore IPO received bid for 8,73,22,890 shares against 4,50,29,207 shares on offer, translating into 1.94 times subscription as per NSE data till 11:21 hrs.
The category for non-institutional investors was subscribed 2.72 times while the quota for Qualified Institutional Buyers (QIBs) received 1.98 times subscription. The portion for Retail Individual Investors (RIIs) got subscribed 1.63 times.
Tata Technologies, an arm of Tata Motors, on Tuesday said it has collected Rs 791 crore from anchor investors.
This is the first company from Tata Group to float an initial public offer in nearly two decades. Tata Consultancy Services was the last IPO from the group in the year 2004.
The public issue, with a price band of Rs 475-500 per share, will conclude on November 24.
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Tata Technologies, Gandhar Oil IPO subscribed 2x on Day 1 so far (22-11-2023)
Flair Writing Industries was also off to a decent start, while FedBank Financial Services witnessed sedate demand so far.
IFGL Refractories hits new high; zooms 87% in 1 month on solid Q2 results (22-11-2023)
The stock was trading higher for the fourth straight day, surging 26 per cent during the period.
Stock Market LIVE: Sensex down 100 pts, Nifty tests 19,750; M&M, banks dip (22-11-2023)
Stock Market LIVE updates on November 22, 2023: The BSE MidCap index was flat, while SmallCap index shed 0.9 per cent.
Look to sell Nifty IT on rise; Auto index may consolidate (22-11-2023)
According to Ravi Nathani, an independent technical analyst, the 32,649 level is anticipated to act as a stiff resistance for the Nifty IT index.
Stocks to Watch today: TCS, Strides, Aurobindo, Jio Financial, Titan, BoB (22-11-2023)
Stocks to watch on Wednesday, November 22, 2023: BHEL, Chambal Fertilizers, Delta Corp, Hind Copper, Indiabulls Housing, India Cements, Manappuram, MCX, NMDC, RBL Bank and Zee are in F&O ban today.
Gold jumps Rs 380, trading at Rs 62,020/10g, silver rises by Rs 400 (22-11-2023)
The price of 22-carat gold rose Rs 350, with the yellow metal selling at Rs 56,850.
Binance pleads guilty to US sanctions violation, will pay $4.3 bn fine (22-11-2023)
Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle. Richard Teng will succeed Zhao as CEO.
Fedbank Financial raises Rs 330 cr; Ireda IPO subscribed 2x on Day 1 (21-11-2023)
Unifi Capital on Tuesday received Securities and Exchange Board of India's (Sebi) in-principle nod to set up a mutual fund house