India’s imports of Russian crude are expected to plunge to a near four-year low early next year, after months of US pressure. As workarounds emerge and the Kremlin cranks up…
Category: Market
British American Tobacco sells 9% stake in ITC Hotels for over ₹3,800 crore
UK-based cigarette major British American Tobacco (BAT) on Friday sold 9 per cent stake in ITC Hotels via block trades for over ₹3,800 crore, reducing its holding in the hospitality…
Broker’s call: MOIL (Buy)
Target: ₹425 CMP: ₹326.45 Recently we visited MOIL’s Balaghat and HCP’s Malanjkhand (MCP) underground (UG) mines. The two-day programme covered various aspect of mining operations, including the upcoming high-speed shaft…
Gaja Alternative Asset Management files updated DRHP to raise ₹656 cr via IPO
Gaja Alternative Asset Management, which operates under the brand Gaja Capital, has filed Updated DRHP-1 with SEBI. It will be first private equity firm to raise funds from the capital…
Rupee slumps past 90 per US dollar mark for the first time: What’s ailing the currency?
Rupee below 90: The slumped past the psychologically important 90 per US dollar mark on Wednesday, December 3, to a fresh record low. The rupee weakened to a low of…
Aequs IPO Day 1: Issue fully subscribed. Here’s GMP, subscription status, other key details – apply or not?
Aequs IPO is all set to open for subscription on Wednesday, December 3. The ₹922 crore mainboard will close for bidding on December 5. is the only precision component maker…
Corona Remedies IPO: Price band set at ₹1,008-1,062 per share; key dates, issue details, more
Corona Remedies IPO price band has been fixed in the range of ₹1,008 to ₹1,062 per equity share of the face value of ₹10. The Corona Remedies IPO date of…
Japans Nikkei rises as tech shares track Wall Street higher
By Junko Fujita TOKYO, – Japan’s Nikkei share average rose on Wednesday, as tech stocks tracked Wall Street’s overnight gains on growing prospects of a U.S. interest rate cut this…