The initial public offer (IPO) of PB Fintech, which operates online insurance aggregator Policybazaar, opened for subscription on Monday. The public offer will conclude on November 3 and the basis of allotment date will be done on November 10. The company has fixed a price band of ₹ 940 to …
Read More »Global Economy Stuck In “History’s Biggest Traffic Jam”
Last year the global economy came juddering to a halt. This year it got moving again, only to become stuck in one of history’s biggest traffic jams. New indicators developed by Bloomberg Economics underscore the extremity of the problem, the world’s failure to find a quick fix, and how in …
Read More »SBI Profit Jumps 67% To ₹ 7,627 Crore In September Quarter, Shares Hit Record High
Shares of the country’s largest lender – State Bank of India surged as much as 4 per cent to hit record high of ₹ 542 after it reported highest -ever quarterly profit in September quarter. SBI’s net profit in second quarter of the current financial year jumped 67 per cent to ₹ 7,627 crore …
Read More »Nifty Surges 40% In Samvat 2077 On Economic Recovery, High Liquidity
Indian equity benchmarks skyrocketed in Samvat 2077 with the 30-share Sensex surging 38 per cent and Nifty 50 index climbing 40 per cent. Both the benchmarks touched record highs with Sensex crossing 60,000 and Nifty advancing above 18,000 for the first time. The surge in equities came on the back …
Read More »Sigachi Industries IPO Subscribed 101.90 Times On Last Day
Chemical maker Sigachi Industries’ initial public offer (IPO) was subscribed 101.90 times on Wednesday, which was the last day of bidding. Investors bid for 54.88 crore equity shares against the IPO size of 53.86 lakh equity shares, as retail investors bought 80.47 times the shares set aside for them. The …
Read More »Toyota Second-Quarter Profit Climbs 48%, Lifts Outlook
Toyota Motor Corp reported a 48% rise in second-quarter operating profit and raised its earnings outlook on Thursday as it benefited from a rebound in vehicle demand and a weaker yen. Its operating profit of 750 billion yen for the three months to September 30 was higher than an average …
Read More »Fuel Prices Drop After Tax Cut, Centre To Lose ₹ 1.4 Lakh Crore A Year
Fuel prices were slashed on Thursday, November 4, across the country after the government reduced excise duty to bring down retail rates from record highs. The Centre’s decision came on the eve of Diwali. In the national capital, petrol rates fell ₹ 6.07 to 103.97, while diesel rates declined ₹ …
Read More »4-November-2021 Gold Price in Mumbai, Today Mumbai Gold Rates 22 & 24 Carat Live Updates
Today Gold Price 4-November-2021 Gold Price in Mumbai, Today Gold Rates for 22 Carat & 24 Carat : Gold Play a Major role in Indian culture, considered a store of value, a symbol of wealth and status and a fundamental part of many rituals. Among the country’s rural population, a …
Read More »4-November-2021 Silver Price in India, Today Silver Rates Live Updates
Today Silver Price 4-November-2021 Silver Price in India, Today Silver Rates in India : Silver Play a Major role in Indian culture, considered a store of value, a symbol of wealth and status and a fundamental part of many rituals. Among the country’s rural population, a deep affinity for Silver …
Read More »4-November-2021 Gold Price in India, Today Gold Rates 22 & 24 Carat Live Updates
Today Gold Price, 4-November-2021 Gold Price in India, Today Gold Rates for 22 Carat & 24 Carat : Gold Play a Major role in Indian culture, considered a store of value, a symbol of wealth and status and a fundamental part of many rituals. Among the country’s rural population, a …
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