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…
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 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…
The Maharashtra Government in Mumbai eid-e-milad (Eid-e-Milad) holiday has been postponed. In view of Ganesh Visarjan on Anant Chaturdashi on 17 September, local leaders of the Muslim community had requested the state government regarding this. Therefore, now Eid-e-Milad holiday in Mumbai will be on 18 September instead of 16 September. After this decision of the…
IPOs This Week: In the week starting from 16th September, 7 new IPOs will hit the primary market. 2 issues are from the mainboard segment. There will also be an opportunity to invest money in the 5 IPOs that are already open in the new week. Talking about the listing of companies in the stock…
Competition Commission of India (CCI) has accused Samsung, Xiaomi and other smartphone companies of colluding with Amazon and Walmart’s Flipkart. CCI says that these companies collaborated with e-commerce sites to launch exclusive products on their sites, which is a violation of anti-competition laws. According to a report by news agency Reuters, CCI found in its…
