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iValue Infosolutions IPO Listing: The issue received bids for 2.38 crore shares against 1.31 crore on offer, getting subscribed 1.82 times overall.

This will be the first instance after 10 years that Fineotex Chemicals will be considering a bonus issue and a stock split for its shareholders.

The order is to be dispatched gradually over the next two quarters as per the customer’s requirement, Maharashtra Seamless said.

TruAlt Bioenergy is the largest Ethanol producer in India in terms of installed capacity (2,000 KLPD). Going ahead, the company intends to convert 1,300 KLPD of existing capacity from mono feed to dual feed capacity allowing it to use grain…

Copper on the London Metal Exchange was down 0.3% to $10,310 a tonne at 8:46 a.m. Shanghai time. Other metals on the exchange were lower or flat.

Motilal Oswal wrote in its note that PSU banks are likely to sustain the 1% return on assets (RoA) and their valuations also remain inexpensive, despite most of them hitting their respective 52-week high levels in intraday trading on Wednesday.

According to UBS, Dixon Tech is entering its next phase of growth through backward integration into non-semiconductor smartphone components such as displays, camera modules, enclosures, and batteries.

On Wednesday, CNBC-TV18 reported, citing sources that promoter entities of the electrical goods company were expected to offload up to 0.81% of the company’s equity via a block deal, with an estimated offer size of ₹887.6 crore.

India’s IPO market is buzzing, with nine public issues currently open for subscription across sectors. From renewable energy and prefab technologies to education and financial services, investors are seeing a rush of opportunities as new listings hit the market.

Tata Motors has not officially quantified the financial loss that it is incurring due to this halt in production. However, BBC reports suggest that it is losing £50 million or $68 million a week, with many of the 33,000 staff…