Flexible workspace solutions company Awfis Space Solutions Ltd has filed draft papers with capital markets regulator Sebi to garner funds through an Initial Public Offering (IPO).The proposed IPO comprises a fresh issue of up to Rs 160 crore and an Offer for Sale (OFS) of 1 crore equity shares, according to the Draft Red Herring […]
Monetarism making a comeback?
By Amol Agrawal Monetary policy is understood as an economic tool that adjusts money supply and interest rates of a nation to achieve macroeconomic stability in a country. Needless to say, money is central to monetary policy. However, over the last 30 years, it has been marginalised in the formulation of monetary policy. Now, due […]
Five cos to float initial public offerings this week
The IPO lane is getting crowded as five companies, including India Shelter Finance and DOMS Industries, have lined up public offers this week on favourable market conditions. The other three companies whose maiden public issues are slated to open are Inox Group entity Inox India, Jaipur-based retail jewellery company Motisons Jewellers and Mumbai-b
Banks should take measures to increase deposit growth
Intro: Credit growth has exceeded deposit growth for some time now and banks cannot continue to rely on short-term borrowing and liquidity to meet the demand, believes Ashima Goyal, external Monetary Policy Committee member. She tells Piyush Shukla that the target is that inflation should not reach 4% but stay there. Excerpts: As you mentioned [&he
Mcap of nine of top-10 most valued firms up Rs 1.30 lakh crore; Airtel, TCS biggest gainers
The combined market valuation of nine of the top-10 most valued firms climbed Rs 1,30,391.96 crore last week, with Bharti Airtel and Tata Consultancy Services (TCS) emerging as the biggest gainers, amid an overall optimistic trend in equities. Last week, the BSE benchmark jumped 1,511.15 points or 2.29 per cent. Barring Reliance Industries, nine ot
Tata Tech IPO subscribed 6.5x on Day 1
Investors made a beeline for Tata Technologies’ initial public offering (IPO) on Wednesday, the first day of subscription, with the issue being fully subscribed within the first hour. The Rs 3,042-crore IPO — the first public issue of a Tata group firm in over 20 years — saw a subscription of 6.54x on the first […]
App Review: Never miss your medicines again
Looking for a reminder app that helps you stick to your medication regime? Tech-savvy doctors recommend Medisafe Pill & Med Reminder, an easy-to-use and free app for iPhones and Android devices that helps you stay on track with your medications, appointments and key health measurements. The app has 5 million downloads till date; it occupies [&h
Adani Group stocks: A look at how they fared in past one year
The Adani Group stocks have had a rollercoaster ride since the start of the year. As the year comes to a close. Here is a look at how the stocks have performed thus far in 2023. In a late January report, US-based short seller Hindenburg Research accused the Adani Group of accounting fraud, stock price […]
Azad Engineering IPO opens on December 20, at Rs 499-524 per share; Check the key details of public offering
Azad Engineering IPO opens for public subscription on Wednesday, December 20, 2023, and will close on Friday, December 22, 2023. The price band for its public issue is Rs 499-524 per equity share with a face value of Rs 2 each. At the upper end of the price band, the company’s promoters and shareholders seek […]
Want to achieve what nobody has achieved in South Africa: Rohit Sharma
India captain Rohit Sharma on Monday said, as a leader, he wants his team to “achieve” what others Indian sides in the past have failed to do in South Africa. Since their first Test series in South Africa in 1992, India have never achieved success there. India will play South Africa in the the first […]