Muskan 
The IPO for Ganesh Infraworld is scheduled to open on November 29. Through an IPO, Ganesh Infraworld, a SME, hopes to raise ₹98.58 crores. There are 1600 shares in the market lot for the Ganesh Infraworld IPO, and the price range is set at ₹78 to ₹83. After being established in 2017, Ganesh Infraworld Limited … Read more
The subscription period for the Property Share InvIT IPO is scheduled to run from December 2, 2024, to December 4, 2024. The goal of this book-built IPO is to raise ₹352.91 crores. Shares are anticipated to list on the BSE and NSE on December 9, 2024. Commercial office space purchases and the payment of certain … Read more
Zomato shares rose as much as 6% in early trading on November 25 on two big positives: inclusion in the 30-stock Sensex and approval for its Rs 8,500 crore Qualified Institutional Placement (QIP). Zomato is the first new-age tech stock to be included in the 30-stock index after the latest BSE Sensex reorganization. It will … Read more
On November 25, HG Infra Engineering’s stock surged 6.5 percent to reach an intraday high of Rs 1,363 following the company’s announcement that it had received a Letter of Award (LoA) from NTPC Vidyut Vyapar Nigam Ltd. Under the terms of the contract, which is estimated to be worth Rs 1,110 crore, 500 MW and … Read more
The offshore engineering services company Seatrium Letourneau USA, Inc. and the state-owned Cochin Shipyard Limited (CSL) have signed a memorandum of understanding (MoU) to cooperatively produce and distribute vital jack-up rig equipment to the Indian market. The partnership’s goal is to access the market for Mobile Offshore Drilling Units (MODUs) with creative, dependable, and effective … Read more
In addition to resigning from his position as Managing Director last week, Punit Goenka, the CEO of ZEE Entertainment, has withdrawn from consideration for reappointment at the upcoming AGM, according an exchange filing. Punit Goenka withdraws his consent to be Zee’s MD The CEO of Zee Entertainment Enterprises, Punit Goenka, has refused to be reappointed … Read more
Investors found solace in data showing strong economic activity in the largest economy in the world, and Wall Street closed higher on Friday, with all three main indices reporting weekly gains. In November, a gauge of company activity surged to a 31-month high, driven by expectations that the government of President-elect Donald Trump will have … Read more
Sebi, India’s market watchdog, has suggested modifications to the stock exchange-owned clearing businesses in order to diversify their ownership. Within five years, Sebi proposes to reduce exchange ownership to 15% by allocating shares to current exchange shareholders. The objective is to improve market resiliency and guarantee that clearing corporations function autonomously. On Friday, market watchdog … Read more
The Reserve Bank of India (RBI) injected funds into the banking sector on Friday, with the weighted average call rate, a measure of short-term borrowing rates, rising 23 basis points above the policy repo rate to 6.73%. According to analysts, the RBI used a variable rate repo auction (VRR) to inject Rs 25,000 crore in … Read more
The Reserve Bank of India’s (RBI) deputy governor, M. D. Patra, spoke at the RBI’s 90th anniversary celebration in Mumbai on the topic of “Communicating Monetary Policy,” noting that central banks are still honing their methods for communicating with the public and that strengthening this “soft skill” is crucial for boosting their communication efforts. Patra … Read more
