Tata Technologies, which provides engineering and product development digital services, has said its initial public offering (IPO) will open for public subscription on November 22. The company, a unit of Tata Motors, filed the RHP (red herring prospectus) on November 13, 2023 with the Registrar of Companies, Maharashtra, Tata Motors said in a regul
Will Nifty add gains to rise above 19850 or fall further in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded flat at 19,868 up merely 0.02%, indicating a lacklustre opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 ended down by 9.85 points or 0.05% to settle at 19,802, while the BSE Sensex ended flat at 66,017.81 down merely by 5.43 points […]
Alkem Labs, Sanofi India, Bajaj Auto and Hero MotoCorp among 118 stocks that hit 52-week high; 12 touch 52-week low
Benchmark equity indices are trading during the intra-day trade on Thursday. The NSE Nifty 50 is trading at 19,809.30 down merely 0.01%, while the BSE Sensex trades at 66,041.66 up merely 0.03%. Samllcap and Midcap stocks are leading the gains among the broader indices. The Bank Nifty index is trading at 43,591.35 up 141.75 points […]
T+0 by March, instant a year later: Sebi
The Securities and Exchange Board of India (Sebi) board on Saturday did not make any changes to existing delisting regulations, citing insufficient data. “Since the number of delisting applications over the five years was small, the data was quite limited to draw significant conclusions. Therefore, the board suggested we go back and gather more dat
Rating: reduce | ONGC targets steady production
ONGC’s Q2FY24 Ebitda of Rs 18,400 crore experienced a 6% q-o-q decline, landing 8% below our estimate. This decrease can be attributed to slightly lower-than-anticipated volumes, elevated other expenses, and statutory levies. On the positive side, DD&A (depreciation, depletion and amortisation) costs of Rs 6,000 crore dropped by 11% q-o-q, surp
India calls on OPEC to continue to keep stability in oil market
India called upon the Organization of the Petroleum Exporting Countries to continue maintaining and ensuring stability in the oil market for the benefits of consumers, producers, and the global economy. “As India remains on a trajectory of stable and robust economic growth, fostering deeper collaboration for the mutual benefit of both parties has t
Flair Writing IPO subscribed 6.11 times on day two of offer
The initial public offer (IPO) of pen maker Flair Writing Industries was subscribed 6.11 times on day two of subscription on Thursday. The IPO received bids for 8,80,71,669 shares against 1,44,13,188 shares on offer, as per data available with the NSE. Flair Writing’s IPO has a fresh issue of equity shares aggregating up to Rs […]
Bills replacing British-era criminal laws get President’s assent, become law
President Droupadi Murmu on Monday gave assent to the three new criminal justice bills which were cleared by Parliament last week.The three new laws — the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act — will replace the colonial era Indian Penal Code, the Code of Criminal Procedure and the […]
Exploring tomorrow’s tech; in-demand skills for IT professionals in 2024
By Siva Prasad Nanduri In a tech-driven world, staying ahead is not just an advantage but rather a necessity. Imagine the tech industry as a high-speed expressway, and to secure a spot in the fast lane, IT professionals must equip themselves with the right skills to remain competitive in the job market. As we look […]
NBFCs and financial inclusion: Bridging the gap in underserved markets
– By Jyoti Prakash Gadia For the resilience and growth trajectory witnessed by the Indian Economy, the financial sector has played a critical role in the last few years. The commercial banks and the NBFCs have contributed towards the revival and development with an objective of inclusive growth. The financial inclusion strategy adopted by the [&hel