Posts in category Economic Times
Rupee falls to record low hurt by likely outflows, importer dollar demand (20-06-2024)
The currency fell to a record low of 83.6650 against the U.S. dollar in the latter half of Thursday's trading session, closing at 83.6425. This marks a decline from the previous session's close of 83.4550. Traders attributed the currency's weakness to a broadly stronger dollar and a weakening Chinese yuan, which exerted additional pressure on the Indian currency throughout the day.
FIU slaps Rs 18.82 cr penalty on crypto exchange Binance (20-06-2024)
FIU imposes Rs 18.82 crore penalty on Binance for alleged anti-money laundering law violation.
Motilal Oswal upgrades DCB Bank to ‘buy’, sees 22% upside potential amid attractive valuations (20-06-2024)
Motilal Oswal upgraded DCB Bank’s stock to ‘buy’ at Rs 175, projecting a 21% earnings CAGR over FY24-26E, with positive outlook on RoA/RoE and asset quality, while DCB Bank shares have shown mixed performance in the market.
Stanley Lifestyles IPO: 10 things to know before subscribing to the issue (20-06-2024)
The initial public offering (IPO) of Stanley Lifestyles will open for subscription on June 21. The issue closes on June 25. Through the public offer, the company plans to raise around Rs 537 crore. Here are 10 things to know about Stanley Lifestyles IPO before subscribing to the issue.
Will govt maintain its investment-led growth strategy in the upcoming Budget? Harish Krishnan answers (20-06-2024)
The approach that we have chosen is different which is that we are buying only from the IPL teams. The IPL teams are the mutual fund equivalents in our case which themselves are scouting across all of these Ranji Trophy players.
Rashmi Saluja & Religare board have been trampling securities law in India: Shriram Subramanian (20-06-2024)
Rashmi Saluja and the other directors have been saying that the Burmans are not fit and proper, but they have not furnished any documentary evidence and this is made out even in the SEBI order. All these are frustrating, not just for the company, the interest of the shareholders and also frustrating securities law and the regulator itself, says Shriram Subramanian.
Vraj Iron and Steel IPO price band fixed at Rs 195-207/share. Issue to open on June 26 (20-06-2024)
Vraj Iron and Steel, which is set to launch its initial public offering (IPO) on June 26, Wednesday, has disclosed a price band of Rs 195 to Rs 207 per equity share. The IPO includes a fresh issue worth Rs 171 crore.
Rupee falls to record low hurt by likely dollar outflows, importer dollar demand (20-06-2024)
The rupee declined to a lifetime low of 83.62 against the U.S. dollar in the latter half of Thursday’s trading session and was last quoted at 83.5975. The local currency had closed at 83.4550 in the previous session.
Nephro Care India IPO: Deepak Parekh-backed company to raise around Rs 40 crore via public issue on NSE Emerge (20-06-2024)
Deepak Parekh-backed multi-speciality healthcare provider Nephro Care India Limited (NCIL) is likely to raise around Rs 40 crore through the initial public offering (IPO) to fund its expansion plans.
Shares of this smallcap stock jump 15% as board announces 4:1 bonus issue (20-06-2024)
Clara Industries' shares surged 15% to Rs 239 after announcing a 4:1 bonus share issue for eligible shareholders with a record date set for July 8.