The Rs 74.45 crore book-built IPO was subscribed 6.5 times overall, led by qualified institutional buyers, who subscribed their portion nearly 11 times.Read More
As per the corporate filings, the company will issue one fully paid-up bonus equity share of face value Rs 10 for every one existing fully paid-up equity share of Rs 10 held by shareholders as on the record date.Read More
Shareholders whose names appear on the company’s register as of the record date will be entitled to receive equity shares in the two newly formed companies under the approved composite scheme of arrangement.Read More
Fed Governor Christopher Waller, on the short list to succeed Chair Jerome Powell next year and scheduled to be interviewed for the job by U.S. President Donald Trump later in the day, said he would “absolutely” defend the central bank’s independence if it were challenged.Read More
The company, after Tuesday’s stake sale, stated that the stake sale was a one-time, limited monetisation of a small portion of the promoter’s personal stake. The proceeds from the transaction are intended to fully repay a promoter-level loan worth Rs 260 crore.Read More
As per the revised framework, the total mutual fund expense ratio will now consist of four separate components: the base expense ratio, brokerage, statutory levies, and regulatory levies.Read More
The yen trimmed losses from the previous session as the Bank of Japan starts a two-day meeting that is expected to result in a hike in policy rates to a three-decade high.Read More
While enforcement details are unclear, the move sparked supply disruption concerns. This escalation follows the US Coast Guard’s seizure of a Venezuelan oil cargo last week.Read More
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