NTPC Green Energy (NGEL), a subsidiary of NTPC, has filed a draft red herring prospectus (DRHP) dated 18 September, 2024, with the Securities and Exchange Board of India, BSE and National Stock Exchange of India in respect of its proposed initial public offer (IPO) of equity shares, subject to receipt of requisite approvals, market conditions and other considerations.
SpiceJet gets good response for share sale; statutory dues at over ₹600 cr (19-09-2024)
SpiceJet’s statutory dues totalled ₹601.5 crore as on Sept 15 and net proceeds from the placement will also be utilised towards clearing the dues
Volumes jump at Sunteck Realty Ltd counter (19-09-2024)
Sunteck Realty Ltd saw volume of 65.37 lakh shares by 14:14 IST on NSE, a 26.9 fold spurt over two-week average daily volume of 2.43 lakh shares
FIR registered against Union Minister Ravneet Singh Bittu over remarks against Rahul Gandhi (19-09-2024)
An FIR has been filed against Union Minister Ravneet Singh Bittu for his remarks about Congress leader Rahul Gandhi’s statements on the condition of Sikhs in India. The case was based on a complaint by a Karnataka Pradesh Congress Committee officer-bearer and includes charges under various sections of the Bharatiya Nyaya Sanhita.
SC’s verdict on AGR a big blow for telcos (19-09-2024)
In a jolt to telecom firms, the Supreme Court has dismissed a batch of pleas filed by companies, including Vodafone Idea and Bharti Airtel, seeking correction of alleged errors in the Adjusted Gross Revenue. A bench comprising Chief Justice D Y Chandrachud and Justices Sanjiv Khanna and B R Gavai also rejected the plea of telcos seeking to list the curative petitions for open court hearing.
Neogen Chemicals up 13% on favourable demand outlook; zooms 46% in 2 weeks (19-09-2024)
The stock of the specialty chemicals maker is trading higher for the sixth straight day, surging 40 per cent during the period.
Nifty PSU Bank declines 2% amid Vodafone Idea’s AGR concerns (19-09-2024)
Analysts link the index’s decline to a major drop in Vi’s stock price after the SC rejected telecom companies’ plea to re-evaluate AGRs, while also affirming the govt’s existing AGR demands.
Mid, SmallCap indices bleed; US Fed’s rate cut to blame? Analysts weigh (19-09-2024)
Nifty Midcap 100 slipped below the 59,000 mark, meanwhile, Nifty SmallCap 100 declined below 19,100