The offer received bids for 112.99 crore shares as against 74.49 lakh shares on offer.
Posts in category Business Standard
Barometers end flat ahead of Powell’s speech, Nifty holds 24,800 mark (23-08-2024)
The domestic equity benchmarks closed almost flat today, awaiting clues on interest rate cuts from US Fed Chair Powell’s speech at Jackson Hole. Investors are cautious about the timing, size and pace of these cuts. The Nifty50 held the 24,800 level. Realty, media and IT stocks fell the most, while Nifty Auto bucked the trend.
INR recovers in cautious trades ahead of Powell speech (23-08-2024)
INR recovered slightly and settled higher by 4 paise at 83.89 (provisional) against the American currency on Friday, amid cautiousness ahead of Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium. Fed Chair Jerome Powell is scheduled to speak at the symposium in Jackson Hole, Wyoming, on Friday, with traders looking for the central bank chief’s comments to provide further clarity about the outlook for rates. Weak US Dollar, foreign fund inflows and a positive tone in the domestic markets supported the rupee. However, overnight gains in crude oil prices capped sharp gains. At the interbank foreign exchange market, the local unit opened weak at 83.93 and touched an intraday high of 83.85 against the US dollar.
India’s silver imports to double on rising demand for solar, investment (23-08-2024)
This year’s purchases could rise to between 6,500 and 7,000 tons due to the rising industrial demand, said Chirag Thakkar, CEO of Amrapali Group Gujarat, a leading silver importer
Net SIP inflow data is not comparable with gross figures, says Amfi (23-08-2024)
The clarification came following media reports of stagnant net inflows even as gross SIP inflows continue to rise
SBI Cards allots 95,240 equity shares under ESOP (23-08-2024)
Powered by Capital Market – Live News
Board of Jindal Saw approves stock split of 1-into-2 (23-08-2024)
At meeting held on 23 August 2024
Bikaji to acquire majority stake in Ujjain-based Ariba Foods (23-08-2024)
Powered by Capital Market – Live News
Lemon Tree Hotels signs new property in Surat (23-08-2024)
Aurika, Surat will feature 175 aesthetically designed rooms and suites, along with Mirasa, the all-day dining restaurant, banquet facilities including Ekaara, the ballroom and Aurum, the boardroom, a stunning swimming pool and a rejuvenating spa.
KEC International wins orders of Rs 1,079 cr (23-08-2024)
KEC International has secured new orders of Rs. 1,079 crores in Transmission & Distribution (T&D) and Cables businesses: