GIFT Nifty traded at 21,148.5 up 57.5 points or 0.27%, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday, the NSE Nifty 50 gained 27.70 points or 0.13% to settle at 20,997.10, while the BSE Sensex added 102.93 points or 0.15% to 69,928.53. “Markets made a […]
Uni Discovery reports significant increase in university Applications among Indian students this year
Uni Discovery, an education mentorship platform, has witnessed a surge in university education applications from 7-8 lakh Indian students. This surge is particularly evident among those aspiring to pursue studies in the United States, Canada, the United Kingdom and Australia, as per the press release. Remarkably, there is a discernible upward trend
Expedited Divestiture Execution – Proactive approach to IT Separation
By Anuj Suneja India has witnessed a surge in divestitures, with the aggregate deal value for such transactions increasing by almost 50 percent from 2021 to 2022[1]. Divestiture is used as a strategic tool to strengthen the balance sheet, carve out an underperforming business, or focus on the core business. While divestitures offer substantial bene
Muthoot Microfin IPO allotment status declared: Know how to check online now
The conclusion of Muthoot Microfin’s initial public offering (IPO) worth Rs 960 crore saw an overall subscription of 11.52 times on December 20. Investors eagerly awaiting the outcome of the IPO can now check the status of their applications online, either through the BSE website or the registrar’s website. Following a significant rebound in the [&
FPIs reverse selling trend; invest Rs 378 crore in equities in November
Foreign Portfolio Investors (FPIs) have pared their bearish stance on Indian equities during November as they made a net investment of Rs 378 crore on the sharp decline in US treasury bond yields. This came after FPIs dumped Indian equities worth Rs 24,548 crore in October and Rs 14,767 crore in September, data with the […]
Bengaluru to become ‘Sports Hub of India’, says Minister Anurag Thakur as sports infra boosts under Khelo India scheme
While inaugurating the newly constructed 330 bedded & 300 bedded hotels and 400m synthetic athletics track on Saturday, Union Sports Minister Anurag Singh Thakur asserted that Bengaluru will soon be called a ‘Sports Hub of India’ with the right weather conditions and sports infrastructure.With a project cost of Rs 28.72 cr, the 330-bed hotel is
Globalising Indian thought; Indian school, universal mission
The Indian Institute of Management (IIM) Kozhikode is looking at either London or Singapore as the next destination for holding ‘Globalizing Indian Thought’ – its flagship annual conference. “We are in touch with our alumni base, and are contemplating either London or Singapore – wherever it’s economically viable – to hold the next edition,” Prof [
Federal Bank’s arm Fedfina, IREDA get nod from Sebi to float IPOs
Four firms — Fedbank Financial Services, Indian Renewable Energy Development Agency, EPACK Durable and Suraj Estate Developers — have received capital markets regulator Sebi’s approval to raise funds through initial public offerings (IPO). These companies, which filed preliminary IPO papers with Sebi between July and September, obtained the watchdo
Drone startup Garuda Aerospace plans for IPO in June-July
Chennai-based drone manufacturing start-up Garuda Aerospace is planning to raise a pre-IPO round by January and list its shares in the public market in June or July next year, the company said. “The infusion of substantial government investment into the agriculture sector has not only garnered national attention but has also piqued the interest of
New record on BSE: Turnover hits new record at Rs 192 Lakh Crore
In a historic feat, the Bombay Stock Exchange (BSE) has set a new record with over 29 crore contracts traded, reaching a peak Open Interest (OI) of 65.7, and boasting a remarkable notional turnover exceeding ₹192 lakh crore. The achievement marks a significant milestone in the exchange’s history and underscores the robust participation and confiden