Vahh Chemicals IPO listing: Shares of listed at a solid premium on BSE SME on Thursday, 11 June, but soon witnessed selling pressure and hit the 5% lower price band.…
Author: Admin
No E30 at pumps yet, so why has India exempted higher ethanol petrol from tax?
India has given a tax break to petrol blends that most motorists cannot buy today. Through a recent Central Excise notification, the government has exempted petrol . The move has…
Bond demand wanes as US-Iran tensions lift oil
Demand for Indian government bonds faltered on Thursday as renewed US-Iran strikes drove oil prices higher and raised concerns about the economic fallout for the world’s third-largest oil importer. The…
SpaceX IPO is said to be more than four times oversubscribed
SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and…
Automakers move to cut prices on British-built luxury cars ahead of India-UK FTA implementation
Luxury automakers are beginning to pre-empt the proposed India-UK free trade agreement by slashing prices on British-built imported cars, creating expected customer savings ranging from about ₹8 lakh on the…
Lenskart shares in focus after ₹1,960 crore block deal; 4 crore shares change hands
Shares of Lenskart Solutions Ltd were in focus on Thursday after around 4 crore shares, representing nearly 2.3 per cent equity, changed hands in a block deal worth about ₹1,960…
US-based real estate tech firm Opendoor shuts down India operations as AI-driven revamp shifts jobs back to US
In a major organisational overhaul, US-based real estate tech company Opendoor has announced plans to wind down its India operations, affecting nearly 250 of its India-based workforce as the company…
TCS reconsiders plan to open offices in smaller towns after Nashik workplace harassment case
Tata Consultancy Services Ltd is reevaluating plans to open offices in small towns and cities following the Nashik workplace harassment saga, which raised concerns about HR risks. The company will…
Opendoor shuts down India operations, lays off nearly 250 employees across Chennai and Bengaluru offices
US-based real estate technology company Opendoor has announced that it is shutting down its India operations and laying off around 250 employees in the country. “When we launched Opendoor 2.0…
Dearness Allowance: Himachal Pradesh reviewing pending DA, arrears, pension payment of employees, says CM Sukhu
Dearness Allowance: The Himachal Pradesh government is reviewing DA and pending arrears for state employees and pensioners, Chief Minister Sukhvinder Singh Sukhu has assured, according to a PTI report. Speaking…