Ceigall India IPO Allotment: The initial public offering (IPO) of infrastructure construction company Ceigall India Ltd received strong demand and now the investors await the Ceigall India IPO allotment which is expected to be finalised today. Ceigall India IPO commenced for subscription on August 1 and concluded on August 5. […]
Asian markets traded higher on Tuesday, with Japan’s Nikkei recovering almost all the losses seen in the previous session, amid a fall in yen. Japan’s Nikkei 225 index and Topix rebounded more than 10%, the most since October 2008, after the yen slumped about 1% against the dollar. A weak […]
Although India has experienced smaller declines compared to some global markets, it remains a compelling destination for foreign investors due to its strong long-term structural prospects and transformational phase, said Taher Badshah, chief investment officer at Invesco Mutual Fund. This is not a bubble, but there are some sectors like […]
Apple and Nvidia led a sell-off in tech stocks on Monday on US recession worries and Berkshire Hathaway’s stake sale in the iPhone maker. The magnificent seven – Alphabet, Amazon , Meta Platforms, Microsoft, Tesla, Apple, and Nvidia fell as much as 6.5%. The losses in these seven stocks were […]
Mumbai: Bajaj Housing Finance, the wholly owned housing finance subsidiary of Bajaj Finance, has received the Securities and Exchange Board of India’s (Sebi) approval for its proposed initial public offering (IPO). The non-deposit taking housing financier had filed the draft prospectus for the ₹7,000 crore IPO with the regulator in […]
The omnichannel children’s apparel company Brainbees Solutions Ltd., which operates under the FirstCry brand, on Monday, said it has raised over ₹1885.8 crore ahead of company’s proposed IPO. According to the exchange filing, the company has allocated 4,05,55,428 equity shares to 71 anchor investors at the upper price band of […]
SaaS platform Unicommerce eSolutions Ltd, on Monday, raised over ₹124.45 crore from anchor investors a day before its initial public offerings (IPO) will open for subscription. The Unicommerce eSolutions IPO is a mainboard offering, and the bidding for this public issue will be open until August 8. According to the […]
Adani Energy Solutions Limited (AESL) said on Monday that the company has raised ₹8,373 crore (USD 1 billion) through its Qualified Institutional Placement (QIP), the largest QIP ever in India’s power sector. According to a press release, this QIP, AESL’s first equity raise since its demerger and listing from Adani […]
There is mayhem in the markets globally. Key indices in the US—the Nasdaq, the S&P 500, and the Dow Jones—and major European markets, including the UK’s FTSE, France’s CAC 40, and Germany’s DAX—suffered massive losses on August 5 on mounting fears that the US was staring at a recession and […]
Crude oil prices fell on Monday, August 5, after the US stock market indices crashed due to rising fears of an economic recession. The oil price declines were limited to an extent as crude oil supply remains in question from the Libyan supply losses and increasing conflict in the Middle […]