Rockingdeals Circular Economy Ltd (RDCEL) has fixed the price band at Rs 136-140 per equity share for its initial public offering (IPO). The maiden public issue will open for public subscription on November 22 and conclude on November 24, while the offer for anchor investors will open on Tuesday, the company said on Saturday. Proceeds […]
Delisting norms to become simpler: SEBI
The Securities and Exchange Board of India (Sebi) is planning to review norms with respect to delisting of companies to make the process smoother, said chairperson Madhabi Puri Buch in an event on Thursday. In addition, the regulator is looking to revise regulations for perpetual insiders, which include founders/promoters and senior executives. She
Confused, surprised with investor interest in F&O: Sebi chairperson
Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch came down hard on retail investors dabbling in the future and options (F&O) market and said that she is ‘confused and surprised’ at their interest despite evidence suggesting that 90% losing money in the segment. “I must admit, I am always a little confused […]
Wall Street Week Ahead-After breathtaking surge, US stocks’ path may rest on economic soft landing
Are U.S. stocks poised to continue their dramatic run, or is a pause ahead? That’s the question investors are asking as the S&P 500 heads into the close of the year with fresh highs coming into view.Signs of cooling inflation have fueled hopes that the Federal Reserve is done raising interest rates, helping extend a […]
Decoding Delhi Metro: Ideal metro means you can walk down to the station from anywhere in the city, says DMRC MD
If you live in Delhi and have faced last-mile connectivity issues, then you are not alone. And if you have wondered if you are the only one who thinks a metro station should be at a walkable distance from you, then your thinking is in line with Vikas Kumar, DMRC MD. In an interview with […]
Is Equity Investing Risky? Not Really
By Anurag Jhanwar When we talk about Equity investment, the most common adjective associated with it is of an asset class which has the potential to offer high return but involves equally High level of Risk. It is a known fact that the process of generating returns involves identification of sound company/ies which have potential […]
Rupee rises 2 paise to 83.38 against US dollar in early trade
The rupee appreciated 2 paise to 83.38 against the US dollar in early trade on Tuesday, tracking a weak American currency and inflow of foreign funds in the domestic equities. Forex traders said, positive sentiment in the domestic equity markets and lower crude oil price also favoured the Indian currency. At the interbank foreign exchange, [&hellip
Education Abroad: Return on investment significantly influenced by these factors
By Diwakar Chandiok The popularity of studying abroad has increased significantly in recent years, particularly after the disruptions caused by the pandemic. Selecting an appropriate degree programme requires careful consideration of a variety of factors, such as personal interests and professional objectives. Indian students are driving a strong r
Tata Tech IPO subscribed 69.43 times on final day of offer
The Rs 3,042.5 crore initial public offer of Tata Technologies, which provides engineering and product development digital services, was subscribed 69.43 times on the final day of subscription on Friday, driven by remarkable participation from institutional buyers. This is the first company from the Tata Group to float an initial public offer (IPO)
Closing Bell: Indian Indices ended in green: Nifty closes above 19,750, Sensex over 65,950, IT stocks outperform
The benchmark equity indices ended Thursday’s trading session in the positive territory. The NSE Nifty 50 jumped 89.75 points or 0.44% to settle at 19,765.20, while the BSE Sensex jumped 306.55 points or 0.47% to 65,982.48. Bank Nifty index dipped 40.15 points or 0.09% to settle at 44,161.55. The broader indices ended largely in positive […]