Plans to give index funds, ETFs exemption from 25% investment cap in group firms
Posts in category Business Standard
TV Mohandas Pai to chair panel to boost direct listing at Gift City (23-02-2024)
The committee will also advise on scaling global debt market in Gift City
Board of Indian Infotech and Software allots 26.14 cr equity shares on rights basis (23-02-2024)
At meeting held on 23 February 2024
Forbes & Company fixes record date for scheme of arrangement (23-02-2024)
Record date is 07 March 2024
Select mutual funds pull the plug on transaction charges to distributors (23-02-2024)
SBI, DSP, PGIM India among fund houses that have stopped paying the fee
Juniper Hotels IPO subscribed 2.07 times on concluding day of the issue (23-02-2024)
The company’s Rs 1,800-crore IPO was entirely a fresh issue and was priced between Rs 342 to Rs 360 per share. At the top end of the price band, Juniper is valued at around Rs 8,000 crore
Konkan Railway Corporation standalone net profit declines 23.01% in the December 2023 quarter (23-02-2024)
Sales decline 19.66% to Rs 983.42 crore
Enkei Wheels India reports standalone net profit of Rs 2.11 crore in the December 2023 quarter (23-02-2024)
Sales rise 34.65% to Rs 200.25 crore
Juniper Hotels IPO subscribed 2.07 times (23-02-2024)
The offer received bids for 5.99 crore shares as against 2.89 crore shares on offer.
Benchmarks end flat, Nifty settles below 22,250; VIX slips below 15 (23-02-2024)
Domestic stock market closed flat on Friday after reaching record highs in early trade. Investor caution prevailed due to upcoming releases of key domestic economic data, leading to a reluctance in taking long positions. The data to be released on 29th February 2024 includes India’s Q3 GDP data, fiscal deficit numbers for January, and eight infrastructure industries data. The Nifty50 concluded below the 22,250 mark after hitting a record high of 22,297.50 in early trade. Within sectors, media, realty, and consumer durables shares saw gains, whereas PSU banks and oil & gas stocks experienced declines.