Turtlemint fixes the price band for its ₹883 crore IPO — More details here
The company has fixed the price band at ₹144-₹152 per equity share. Investors can bid for a minimum of 98 shares and in multiples thereof.
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GIC OFS: Government disinvestment mop-up set to cross ₹15,000 crore with latest initiative
If one adds the monetisation receipts, the total mop up currently stands at ₹21,732 crore , which is 27% of the fully year target of ₹80,000 crore. Sources indicate that at the current pace, the government is likely to exceed…
Yes Bank, Northern Arc Capital partner to expand lending and investment access
Yes Bank and Northern Arc Capital have entered into a strategic partnership to boost credit access, scale digital lending and offer alternative investment products. The collaboration aims to strengthen financial inclusion by combining the bank’s lending capacity with Northern Arc’s…
Waaree Energies wins shareholder nod for ₹10,000 crore fundraise
Shares of Waaree Energies Ltd ended at ₹3,046.30, up by ₹14.90, or 0.49%, on the BSE.
India’s silver imports hit over three-year low in May after import curbs
India’s silver imports fell 87% in May to a three year low after new curbs and higher duties, easing trade deficit and rupee pressure but lifting local premiums.
SEBI revises ETF framework to improve price discovery — key details here
SEBI has introduced a revised framework for exchange-traded funds, bringing in dynamic price bands, new base price calculations and a pre-open auction mechanism aimed at improving price discovery and investor protection.
Government launches GIC Re OFS to sell up to 5% stake; floor price fixed at ₹352 per share
Shares of General Insurance Corporation of India ended at ₹387.15, up by ₹8.45, or 2.23%, on the BSE.
Nifty closing above 23,800 positive but exhaustion visible at 24,000
The benchmark index gained 231 points to close at 23,853. After opening with a gap-up of 362 points on strong global cues, Nifty hit its intraday high within minutes of the opening bell. However, the momentum faded through the day…
What’s likely to move markets in the next trading session on June 16?
Markets will additionally watch the upcoming Federal Open Market Committee (FOMC) meeting on June 16–17, where new Federal Reserve Chair Kevin Warsh is expected to maintain a status quo on interest rates, with a strong labour market and inflation rising…
Angel One settles SEBI case over supervisory lapses, pays ₹4.28 crore
Angel One settles SEBI case over supervision lapses tied to authorised persons Deepankar Barman and Nadella Srinivas Rao, paying ₹4.28 crore without admitting guilt.