With facing regulatory pressure and concerns about LIC’s exposure to the beleaguered gold jewellery firm, Chairman Rajesh Mehta has distanced himself from the insurer’s investment decisions, arguing that ordinary retail…
Category: Market
UHM Vacation IPO Day 3: GMP plunges sharply! Here’s subscription status, price band and other details
UHM Vacation IPO: UHM Vacation’s (IPO), which opened for bidding on 4 June, is slated to close for subscription today, 8 June. The ₹36 crore SME IPO is a combination…
Do you know how an IPO works in India? Here’s a step-by-step guide
A company’s Initial Public Offering (IPO) is a pivotal moment in its development, marking the transition from a privately owned firm to a publicly traded one. In an , a…
Capital markets becoming key avenue for household savings, wealth creation: SEBI chief
Capital markets are increasingly emerging as a core avenue for household savings and wealth creation in India, reflecting a structural shift in how Indians are investing and participating in the…
Hexagon Nutrition IPO Day 2: subscribed 3.87 times so far, SBI Securities recommends subscribe
The (IPO) of Hexagon Nutrition was subscribed 3.87 times as of 2.54 pm on Day 2 of bidding, driven by strong interest from retail and non-institutional investors. The retail investor…
Carlsberg is said to be near filing for $700-million India IPO
Carlsberg A/S is preparing to file draft papers for an initial public offering of its India unit as early as this month, according to people familiar with the matter. The…
Gulf crisis expanding would be worrying, Oil Minister Hardeep Singh Puri says
The Gulf crisis expanding to other areas could create new problems and be worrying, Indian Oil Minister Hardeep Singh Puri told local broadcaster CNN-News18 on Monday, adding that New Delhi…
Gold futures drop to ₹1,53,220/10g
Gold prices on Monday dropped ₹2,374 to ₹1,53,220 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, gold contracts for the August…
Silver futures decline to ₹2.4 lakh/kg
Silver prices on Monday fell by ₹8,245 to ₹2,40,292 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for July delivery declined by ₹8,245, or…
Gold drops ₹1,100, silver extends slide as oil surge stokes inflation fears
Gold prices declined by Rs 1,100 to Rs 1.58 lakh per 10 grams in the national capital on Monday, tracking losses in global markets amid rising crude oil rates and…