Hexagon Nutrition IPO: The initial public offering (IPO) of Hexagon Nutrition is set to open for subscription tomorrow, Friday, 5 June and will close on Tuesday, 9 June. The company,…
Category: Market
India bonds rise on reports government may scrap tax; RBI policy in focus
Indian government bonds rose in early trade on Thursday, on media reports about the country planning tax relief for debt investors, but the gains were capped on growing calls for…
IEX shares rise 2% after May electricity trade volumes jump
Shares of (IEX) rose 2 per cent on the BSE to ₹125.75 after the company reported an 18.6 per cent year-on-year increase in electricity trade volumes for May. The exchange…
REC to issue near 3-year bonds, bankers say
MUMBAI, June 4 India’s REC plans to raise ₹3,000 crore ($313.48 million), including a greenshoe option of ₹2,500 crore through the sale of bonds maturing in two years and nearly…
Global firms exploit India’s IPO boom to take profits back to home countries
India’s red-hot initial public offering market may look irresistible as foreign firms line up for listings, but the rush is not about raising funds to expand in a fast-growing market;…
Anthropic offers Mythos to 150 additional groups; India to get AI model access
The artificial intelligence firm is significantly expanding access to its AI model Mythos, which focuses on cybersecurity, by inviting over 150 organisations globally to participate in Project Glasswing. This expansion…
HDFC Bank, Canara Bank to PNB: These Bank Nifty majors remain in red even as index rebounds 1%; SBI, IDFC First lead
The Nifty Bank index witnessed sharp volatility on Thursday, 4 June following weakness on Dalal Street as concerns over the escalating conflict in the Middle East, elevated crude oil prices…
HAL, BEL to Bharat Dynamics: Defence stocks rise despite weak trends in the Indian stock market
The defence index extended its winning run to a third day on Thursday, June 4, defying broader market weakness, as robust earnings for the March quarter and a strong upcycle,…
Drone stock ideaForge share price hits 5% upper circuit, 52-week high as board approves ₹500 crore fundraise
Drone stock share price hit its 5% upper circuit of ₹898.60, also its 52-week high on Thursday, 4 June after the company’s board approved a fundraise of ₹500 crore through…