Shares of jumped more than 9% in premarket trading on Friday after the company dropped out of the race to acquire Warner Bros Discovery (WBD), with investors cheering its decision…
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SEBI updates guidelines for independent reviewers of green debt securities
The Securities and Exchange Board of India (SEBI) has revised norms governing the appointment of independent third-party reviewers or certifiers for green debt securities, aligning them with the broader framework…
Acetech E-Commerce IPO Day 1: Latest GMP, subscription status, listing date & other details about SME issue
Acetech E-Commerce IPO: The initial public offering (IPO) of Acetech E-Commerce, which opened for bidding today, February 27, received a tepid response from investors, with the issue being subscribed 0.26…
Sensex plunges 961 points; Nifty slips below 200-day EMA as broad selloff grips markets
Markets ended the week on a deeply negative note on Friday, February 27, with the BSE Sensex crashing 961.42 points, or 1.17 per cent, to close at 81,287.19, while the…
From FDs to mutual funds: How Indians are changing their investment behaviour
Not very long ago, most Indian households trusted , gold, or property more than the stock market. Investing in equities was seen as risky and complicated. But that picture is…
Gaudium IVF ends 1.87% higher at ₹80.48 after listing higher
Shares of Gaudium IVF and Women Health made a decent debut on the bourses on Friday. After listing with a 5 per cent premium at ₹83 on the BSE, the…
Omnitech Engineering IPO sails through on Day 3: Check subscription status, GMP and other key details
Omnitech Engineering IPO: The initial public offering (IPO) of Omnitech Engineering, which opened for subscription on Wednesday, February 25, witnessed lacklustre demand for the company shares. However, the IPO managed…
Broker’s call: Gravita (Buy)
Target: ₹2,000 CMP: ₹1,613.30 Gravita has acquired Rashtriya Metals Industries Limited (RMIL), one of India’s oldest copper manufacturers, for ₹565 crore (RMIL clocked a turnover of ₹910 crore in FY25).…
Broker’s call: Elgi Equipments (Accumulate)
Target: ₹603 CMP: ₹534.35 We attended Elgi Equipments’ analyst meet, where management highlighted business performance, product innovation and its medium-term strategic roadmap. The ISAAME region is expected to remain the…
Jio Financial launches online marketplace for financial products
Jio Financial Services Ltd on Friday launched an online marketplace for financial products through its new app JioFinance and opened an early access programme for users. The marketplace brings together…