Posts in category Business Standard
Broader markets witness fresh turbulence amid Israel-Hamas conflict (09-10-2023)
This was the worst fall for the smallcap index since September 12, when it had tanked over 4 per cent
LIC’s market share drops to 59% till September from 68.7% in a year (09-10-2023)
As a result, the life insurance industry's new business premium declined almost 13 per cent during the first six months, to Rs 1,58,376.81 crore
Share lock-in period of nearly 17 IPOs to end this month, shows data (09-10-2023)
In most cases, it is the end of the 30-day lock-in period that anchor investors (on half their shares) have to observe
Krystal Integrated Services files IPO papers with Sebi to mobilise funds (09-10-2023)
Krystal Integrated Services has filed preliminary papers with Sebi to mobilise funds through an initial public offering (IPO).
The IPO comprises fresh issuance of equity shares worth Rs 175 crore and an offer-for-sale (OFS) of 17.5 lakh shares by promoter Krystal Family Holdings Pvt Ltd, according to the draft red herring prospectus (DRHP) uploaded on Sebi's website last week.
Krystal Family Holdings owns 100 per cent stake in the company.
Proceeds from the fresh issue will be utilised for debt payment, supporting working capital requirements, fund capital expenditure for purchase of new machinery and for general corporate purposes.
Krystal is a leading integrated facilities management services company with a focus on healthcare, education, public administration, airports, railways and metro infrastructure, and retail sectors.
Also, it provides staffing solutions and payroll management to customers, as well as private security and manned guarding services and catering services.
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Middle East turmoil drags market lower; Sensex, Nifty drop over 0.7% (09-10-2023)
The Sensex ended the session at 65,512, a decline of 483 points or 0.7 per cent. The Nifty closed the session at 19,512, a drop of 141 points or 0.7 per cent
Adani Ports stock drops 4.5% on Haifa port worries over Israel conflict (09-10-2023)
Adani Ports is closely monitoring the conflict in Israel and is prepared with a business continuity plan, the company said in a statement
Gold rises more than 1% as Middle East conflict spurs safe-haven demand (09-10-2023)
Israel pounded the Palestinian enclave of Gaza on Sunday, killing hundreds of people in retaliation for one of the bloodiest attacks in its history when gunmen from Hamas rampaged through Israeli town
Rupee-denominated green bonds to pick pace from FY24: SBI’s Dinesh Khara (09-10-2023)
He highlighted that India began green bond issuances in 2014, has garnered Rs 43 billion through green bonds and has been instrumental in augmenting the adoption of renewable energy
Oil prices surges more than 2% as Middle East turmoil roils markets (09-10-2023)
Brent crude was up $2.28, or 2.7%, to $86.86 a barrel by 0859 GMT, while U.S. West Texas Intermediate crude was at $85.23 a barrel, up $2.44 or nearly 3%
Stock price of these 5 recently listed IPOs hit lowest levels since debut (09-10-2023)
The stock price of Sai Silks (Kalamandir) (down 10% at Rs 220.05) and Updater Services (down 3% at Rs 276.16) fell below their issue price in intra-day trade on Monday.