Emcure Pharma IPO: The initial public offering of Emcure Pharmaceuticals Ltd, which was opened for public subscription on July 3, was oversubscribed 1.31 times on day 1. The Rs 1,952-crore IPO, which will conclude on July 5, is today witnessing second day of bidding. Till 10:31 am on Thursday, the IPO received 1.86 times subscription…
Last Updated: July 04, 2024, 09:33 IST The Sensex topped the 80,300-mark in opening trade on Thursday, while the Nifty50 surpassed 24,350 levels, extending their record hitting run amid supportive global cues. The BSE benchmark hit a record high of 80,331, and was trading at 80,212, up 225 points in early deals. The Nifty50, on…
Last Updated: July 04, 2024, 08:27 IST Stocks To Watch On July 4: Bulls regained control from the bears on Wednesday pushing the Nifty index above 24,300. In today’s trade, shares of Bajaj Finance, Vedanta, L&T Finance, Hindustan Zinc, Star Health among others will be in focus due to various news developments and first quarter…
The survey was conducted by a team of economists led by Sonal Desai. The report highlights that urban areas also saw a decline in poverty, dropping from 13.4 per cent to 8.4 per cent. India has made remarkable progress in reducing poverty, according to a new survey. The survey, published in a report by the…
Bansal Wire Industries IPO: The initial public offering of steel wire maker Bansal Wire Industries Limited was opened for public subscription today, July 3. The Rs 745-crore IPO will conclude on July 5. The price band of the IPO has been fixed at Rs 243-Rs 256 per share. Till 5:00 pm on Wednesday, the IPO…
Hong Kong Exchanges and Clearing celebrates the 24th anniversary of its listing on June 21, 2024. China News Service | China News Service | Getty Images BEIJING — The market for initial public offerings in Hong Kong is set to improve significantly over the next five years, starting in the second half of this year,…
The Senior Citizen Savings Scheme (SCSS) is a savings scheme for senior citizens aged 60 years and above. (Representative image) Senior Citizen Saving Scheme: The SCSS account can be opened by a senior citizen at a bank or post office. Senior Citizen Savings Scheme: As people grow older and enter retirement, they typically rely on…
A total of 1.40 lakh cases were identified. Many passengers had sleeper tickets but sat in AC coaches to avoid the heat. As soon as the train started, the ticket checkers began the inspections. Indian Railways is cracking down on passengers travelling without tickets. A special campaign is run to catch such travellers. The railway…
The market has seen consistent yearly growth in registrations for eleven months since August 2023. (Representative image) Strong buyer confidence in Mumbai has kept property sales above the 10,000 mark in the first half of the year. Mumbai city (area under BMC jurisdiction) recorded approximately 11,443 property registrations in June 2024, contributing over Rs 986…
Quality education requires careful financial planning and long-term investment. (Representative image) Tax-incentivised education plans could encourage greater savings and long-term financial planning among the middle class. The past two decades have witnessed a remarkable transformation in India’s social fabric. The burgeoning middle class, fueled by economic growth and rising disposable incomes, has experienced a significant…
