Indegene IPO debuts today: Raised funds to be utilized for paying debt of material subsidiaries and company’s capital expenditure. Indegene debuted at Rs 655, marking a 45% premium to its …
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Chandrasekaran will succeed Banmali Agrawala, who has served as chairman for the past few years. Pending regulatory approvals, Chandrasekaran, already chairman of several key Tata group companies, will assume responsibility. …
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Go Digit General Insurance IPO, supported by Virat Kohli, sets price band at ₹258-272 per share. Grey market premium (GMP), issue size, and details announced.
by smtfinby smtfinThe Go Digit General Insurance IPO, backed by Virat Kohli, has announced a price band of ₹258-272 per share. Subscription for the IPO will be open from May 15 to …
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Billionaire quantitative investing pioneer Jim Simons, known for generating remarkable returns, passes away at age 86.
by smtfinby smtfinPioneer Jim Simons, a mathematician who founded the most successful quantitative hedge fund ever, passed away in New York City on Friday, according to his foundation’s website. Renowned for pioneering …
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Tata Motors’ Q4 net profit triples to Rs 17,407 crore due to robust vehicle demand, with revenue rising by 13%.
by smtfinby smtfinTata Motors’ Q4 net profit results show a remarkable 46% year-on-year increase in consolidated profit after tax (PAT), reaching Rs 17,529 crore, surpassing expectations. Last year, the company reported a …
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Groww’s Strategic Move, a leading investment platform, has announced its decision to relocate its domicile from the United States back to India, marking a significant shift in the fintech sector. …
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Featured Videos In This Week
26-Year-Old EY Pune Employee Dies Due to ‘Work Stress’ After Four Months; Mother Appeals to Company’s India Head
A 26-year-old employee at EY Pune, one of the prestigious Big Four accounting firms, has tragically passed away, with her family attributing her death to …
Reliance Infrastructure Shares experienced a significant boost of 8% in early trading on Wednesday, following the company’s announcement of a substantial decrease in its standalone …
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News
Ratan Tata’s pet project, an animal hospital in Mumbai, is set to open next month
by adminby adminAt 86 years old, renowned for his compassion toward stray animals, Ratan Tata will inaugurate a state-of-the-art animal hospital in Mumbai. This initiative, inspired by …
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Banking
DBS, Singapore’s largest bank, reduces executive pay following service disruptions
by adminby adminDBS Group Holdings Ltd. reported a net profit of over $10 billion for 2023, exceeding its medium-term goal. CEO Piyush Gupta’s variable pay was reduced …
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The Reserve Bank of India (RBI) has maintained the repo rate at 6.5% for the sixth consecutive time .
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👉 The offer is a complete fresh issue of 64.8 lakh shares amounting Rs. 74.52 crores 👉 ASL is a solar PV module manufacturer which …
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Sports News
Kashmiri cricket bat makers are considering legal action against Shark Tank India’s claims and are seeking INR 500 crores in compensation
by adminby adminOn January 30, Saad and Hamad Tramboo, two young entrepreneurs from Kashmir representing Tramboo Sports, presented their business idea for Kashmir willow bat manufacturing on …
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Business
Paytm CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman during a crisis
by adminby adminOne97 Communication’s share price increased by 10 percent for the second consecutive session amid reports of founder Vijay Shekhar Sharma meeting Finance Minister Nirmala Sitharaman …
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Uncategorized
Company suffers Rs 200 crore loss due to deepfake scam involving fake video call from ‘CFO’
by adminby adminThe employees who joined the conference call were told to send $25.5 million in 15 transfers to five separate Hong Kong bank accounts.
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Banking
Yes Bank’s stock surged by 13% after HDFC Bank Group received approval from the RBI to acquire a 9.5% stake
by adminby adminThe approval is granted for one year and will be withdrawn if HDFC Bank Group doesn’t acquire the stakes within that timeframe.
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Vanguard, a major US investment firm, has lowered the fair value of Ola’s parent company, ANI Technologies, to $1.88 billion, down 29% from its previous …
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The RBI has placed severe restrictions on Paytm Payments Bank, preventing it from accepting new deposits and credit transactions after February 29.