IREDA shares listed at 56.25 % premium over IPO price on bourses amid a bullish domestic market. The share debuted at Rs 50 on the NSE as well as on the BSE, surpassing the issue price of Rs 32. The investors have made a profit of Rs 18 per share as the scrip gave more […]
Oil prices fall, extend slide after OPEC+ cuts underwhelm
Oil prices fell in early Asian trade on Friday, extended losses after OPEC+ producers agreed to voluntary oil output cuts for the first quarter next year that fell short of market expectations. Brent crude futures for February fell 14 cents, or 0.2%, to $80.72 a barrel by 0005 GMT. U.S. West Texas Intermediate crude futures […]
Recasting caste politics: How caste politics can be done in India will headline the elections next year
By Badri Narayan Indian politics in 2024 will renew itself against the backdrop of what happened in 2023. This renewal will take place in all three spheres—the politics of state, politics of elections and politics of people. These, of course, are interlinked. The changes and continuum in all three spheres will be quite visible in […]
Persistent Systems, Alkem Labs and Eicher Motors among 190 stocks that hit 52-week high; 11 touch 52-week low
The benchmark equity indices are trading in positive territory on Wednesday. The NSE Nifty 50 is trading at 19,660.15, up 216.60 points or 1.11%, while the BSE Sensex is trading at 65,617.63 up 683.76 points. Midcap stocks are leading the gains among the broader indices. The Bank Nifty index is trading up 336.20 points or […]
Introducing Shah Rukh Khan’s billionaire neighbour: Mumbai’s real estate mogul with a net worth exceeding Rs 11,560 crore
In the vibrant city of dreams, Mumbai, the success narrative of Bollywood luminary Shah Rukh Khan serves as an inspiration to countless aspiring actors. Emerging from a non-filmy background, Khan initiated his acting journey with the Doordarshan series Fauji, gradually ascending to the pinnacle of Bollywood triumph. Over the past three decades, Sha
Rupee falls by 9 paise to 83.18 against US dollar
The rupee declined by 9 paise to 83.18 against the US dollar in early trade on Thursday due to a firm greenback in the overseas markets. FII inflows and crude oil prices extending losses, however, helped the rupee restrict the fall, forex dealers said. At the interbank foreign exchange market, the rupee opened lower at […]
Army chief visits Poonch, exhorts commanders to conduct ops in ‘most professional manner’
Amid an ongoing operation to track down terrorists behind the ambush that left four soldiers dead in Poonch last week, Army Chief General Manoj Pande visited the ground zero on Monday and exhorted the commanders to conduct the operations in the “most professional manner”. The Chief of Army Staff (CoAS) also asked them to remain […]
Nothing artificial about it: AI has emerged as an essential skill
The Central Board of Secondary Education (CBSE) is introducing artificial intelligence (AI) as a subject for grades 9-12 and as a skill subject for grades 6-8 is possibly the greatest systemic change in education this year, according to Manav Subodh, the founder & MD of 1M1B (1 Million for 1 Billion) – a UN-accredited non-profit […]
Fedfina announces Rs 1,092 crore IPO; sees no impact of RBI norms on issue
Fedbank Financial Services (Fedfina) on Friday said it plans to raise up to Rs 1,092-crore through an initial public offering opening on November 22. The Reserve Bank’s circular increasing the risk weights on unsecured lending will increase the borrowing costs, but the negative market sentiment will not impact the offering, Managing Director and Ch
ONGC charges premium over Brent in oil deals with BPCL, HPCL
India’s top oil and gas producer ONGC has signed term contracts with refiners to sell crude oil it produces from Mumbai offshore fields at a premium to international benchmark Brent, sources said. Oil and Natural Gas Corporation (ONGC) has signed deals to sell about 4.5 million tonne of crude oil each to Bharat Petroleum Corporation […]