Posts in category Business Standard
US court ruling on Grayscale ETF pushes crypto market up, Bitcoin jumps 5% (30-08-2023)
Grayscale had appealed against the US SEC's decision to reject its proposal for converting its Bitcoin Trust into a spot ETF
Shakti Pumps zooms 18% on winning Rs 358 cr-order from Haryana government (30-08-2023)
The company received its first work order under the KUSUM-3 scheme from Haryana Renewable Energy Department (HAREDA) for 7,781 pumps
Inox India files IPO papers with Sebi, with OFS of up to 2.21 cr shares (30-08-2023)
Cryogenic tank maker Inox India Ltd has filed preliminary papers with capital market regulator Sebi to mop up funds through an initial public offering.
The Initial Public Offering (IPO) is entirely an Offer For Sale (OFS) of up to 2.21 crore shares by its existing shareholders and promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Tuesday.
Those offering shares in the OFS are Siddharth Jain, Pavan Kumar Jain Nayantara Jain, Ishita Jain, and Manju Jain.
Since the issue is completely an OFS, the Vadodara-based company will not receive any proceeds and all the funds will go to the selling shareholders.
Explaining the reason for going public, the company said it is aimed at achieving the benefit of listing equity shares on the stock exchanges and carrying out OFS for the selling shareholders.
Inox India, one of the leading cryogenic tank manufacturers, has over 30 years of experience offering solutions across the design, engineering, manufacturing, and installati
Jio Financial hits 5% upper limit; gains 10% in two days post RIL AGM (30-08-2023)
Jio Financial to partner foreign firms for insurance foray, Mukesh Ambani said at the 46th RIL AGM.
Palm oil futures edges up on supply concerns amid India festive demand (30-08-2023)
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange strengthened 7 ringgit, or 0.18% to 3,937 ringgit ($849.22) per metric ton by the midday break
M&M gains 5% in 3 days, nears record high on margin improvement hopes (30-08-2023)
Analysts believe the auto segment is expected to drive its operating performance in the coming years due to increasing volumes going ahead
Mahindra Lifespace hits new high, soars over 9% on growth optimism (30-08-2023)
Knight Frank India, in association of NAREDCO has projected India's real estate sector to expand to $5.8 trillion and contribute 15.5 per cent to the total economic output by 2047.
Zomato gains 5% after 100 mn shares change hands via block deal (30-08-2023)
As many as 100 million shares representing 1.2% of total equity of Zomato worth of Rs 947 crore changed hands on the National Stock Exchange.
Surya Roshni hits record high, surges 9% on healthy business outlook (30-08-2023)
The steel tubes and pipes manufacturer aims to maintain a positive export momentum of value-added products, particularly API pipes, to various regions, despite facing geopolitical challenges.
Gold prices rise to reach Rs 59,670, silver appreciates to Rs 77,100 (30-08-2023)
The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 59,820, Rs 59,670, and Rs 60,220, respectively