Your Daily Digest of Global Stories
Cross IPO: Cross Limited’s IPO has received a great response from investors. Now the listing of the company’s shares is going to happen tomorrow i.e. on 16th September. This public issue has been subscribed a total of 16.69 times. Talking about the grey market, here too this IPO is getting positive signals. This IPO was…
Kamdhenu Ventures Share: Foreign Institutional Investors (FIIs) have bought shares of Kamdhenu Ventures Limited, a company in the Indian decorative paint segment. According to bulk deal data available on NSE, Mauritius-based Al Maha Investment Fund and Unico Global Opportunities Fund Limited have bought shares of the company. Last Friday, the company’s shares rose by 0.67…
Swiggy IPO: Food delivery company Swiggy Limited is preparing to launch an IPO. The SoftBank-invested company may file papers with market regulator SEBI this week for a public issue. People familiar with the matter said that this will add to the strong pipeline of share sales in the country. According to the report, Swiggy may…
JSW Energy JSW Renew Energy Two Limited, a step-down subsidiary of JSW, has commissioned 300 MW wind power capacity in Tuticorin, Tamil Nadu. The company announced this today on 15 September. Last Friday, the company’s shares saw a rise of 1.01 percent and the stock closed at Rs 767.90 on BSE. With this rise, the…
The use of electric two-wheelers is increasing significantly in India. According to a report by investment banking company Jefferies, the share of electric vehicles in the two-wheeler segment will increase to 13 percent by the financial year 2026-27. In the financial year ending March 2024, the share of electric vehicles in two-wheelers is 5 percent….
Adani Group (Adani Group) has won the bid to supply 6600 MW of renewable energy and thermal power to Maharashtra for a long term. The company bid Rs 4.08 per unit for this and beat JSW Energy and Torrent Power. Sources gave this information. Two sources familiar with the matter said that Adani Group’s bid…
Foreign portfolio investors (FPIs) have invested a net Rs 27,856 crore in the Indian stock markets in the first 15 days of September. The main reasons behind this are the strength of the Indian market and the increasing expectation of interest rate cuts in the US. There is a general consensus that the Federal Reserve…
The Federal Reserve may cut interest rates for the first time in more than 4 years on September 18. However, policymakers can debate how big a move it can prove to be with less than two months left for the US presidential election. US central bank Federal Reserve Chairman Jerome Powell and several other bank…
The market capitalization (m-cap) of 9 out of the top 10 most valuable companies of Sensex increased by Rs 2,01,552.69 crore last week. Bharti Airtel was the biggest gainer. Last week, the 30-share BSE Sensex gained 1,707.01 points or 2.10 percent. During the week, the market cap of Bharti Airtel increased by Rs 54,282.62 crore…
In the last 18-24 months, a lot of dispute has been seen between the current management of Religare and the Burman family. Amidst this dispute, very serious and sharp allegations have been made by both the parties regarding violations related to corporate governance. On September 6, the Enforcement Directorate (ED) registered an FIR against Religare’s…
