November 2024

What's next for Gautam Adani after U.S. bribery, fraud charges?What's next for Gautam Adani after U.S. bribery, fraud charges?

What’s next for Gautam Adani after U.S. bribery, fraud charges?

During the Lok Sabha elections in Ahmedabad, Gautam Adani, the chairman of the Indian conglomerate Adani Group, displays his inked finger. The charges against Gautam Adani include conspiracy to commit wire fraud, securities fraud, and foreign bribery. He allegedly paid more than $250 million in bribes to obtain $2 billion in solar contracts over a […]

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Adani bonds slide to year low as investors and lenders weigh bribery allegations

Adani bonds slide to year low as investors and lenders weigh bribery allegations

As investors reduced their exposure to the Indian company and some bankers contemplated halting new funding in the wake of bribery and fraud allegations by U.S. authorities, Adani dollar bond prices dropped Monday to nearly one-year lows. Gautam Adani, the group’s billionaire chairman, and seven other individuals were accused last week of conspiring to bribe

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HDFC Bank share price climbs over 3% to hit record high: Know More Here

HDFC Bank share price climbs over 3% to hit record high: Know More Here

Private sector lender HDFC Bank rose over 3 per cent in intra-day trades on Monday, November 25 to a fresh record high of ₹1801.90. The stock has now surpassed ₹1,800 for the first time. The rally coincides with a sharp increase in the overall market due to the BJP-led NDA’s triumph in the Maharashtra elections.

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Everything You Need To Know About Rajesh Power Services: IPO Date, Price, GMP

Everything You Need To Know About Rajesh Power Services: IPO Date, Price, GMP

The SME IPO of Rajesh Power Services, which went live on Monday, November 25, is seeing a respectable number of subscriptions. The goal of the three-day public offering, which ends on November 27, is to raise ₹160.47 crore. The initial public offering (IPO) has established a price range of ₹319–335 per share. The issue had

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Everything You Need To Know About Rajputana Biodiesel: IPO Date, Price, GMP, Review

Everything You Need To Know About Rajputana Biodiesel: IPO Date, Price, GMP, Review

According to exchange data, Rajputana Biodiesel’s initial public offering (IPO), which went up for bid on Tuesday, November 26, attracted a substantial amount of investor interest. As of 11:00 a.m., the issue had been subscribed 0.23 times. The non-institutional investor (NII) category received a 0.30 times subscription, but the retail investor segment earned a 0.33

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Zomato shares surge 6% to 6-week high as new-age stock set to enter BSE Sensex

Zomato shares surge 6% to 6-week high as new-age stock set to enter BSE Sensex

As Zomato, the meal delivery aggregator, prepares to replace JSW Steel in the BSE Sensex index, its shares jumped 6.35% in early morning trading on Monday, November 25 to reach their 6-week high of ₹273 each. The business will join the 30-share frontline index as the first modern tech stock. On Friday after market hours,

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Everything You Need To Know About Ganesh Infraworld : IPO Date, Price, GMP, Review

Everything You Need To Know About Ganesh Infraworld : IPO Date, Price, GMP, Review

As of November 22, 2024, Ganesh Infraworld Limited’s IPO price ranges from ₹78 to ₹83 per share, with a ₹9 Grey Market Premium. The subscription period, which offers 1600 shares, runs from November 29 to December 3, 2024. As of November 22, 2024, Ganesh Infraworld Limited’s Grey Market Premium (GMP) is ₹9. This evaluation aligns

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Why is Indian stock market skyrocketing after Maharashtra Election results?

Why is Indian stock market skyrocketing after Maharashtra Election results?

The Indian stock market saw respectable purchasing during early morning trades on Monday, continuing the Friday retreat rebound. At the Opening Bell, the frontline indicators spiked up to 2%. Within minutes of the Opening Bell, the Nifty 50 index recorded an intraday rise of 423 points against Friday’s closing of 23,907, having begun with an

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Adani Enterprises, National Aluminium among seven stocks in F&O ban list today

Adani Enterprises, National Aluminium among seven stocks in F&O ban list today

On Monday, November 25, the National Stock Exchange (NSE) prohibited trading in seven equities in the futures and options (F&O) segment because they were trading at more than 95% of the market-wide position limit (MWPL). These equities will, nevertheless, be traded on the cash market. The list of securities in the F&O ban for trade

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Cochin Shipyard shares in focus on signing MoU with Seatrium Letourneau USA

On Friday, November 22, Cochin Shipyard said that it and Seatrium Letourneau USA, Inc. (SLET) had signed a memorandum of understanding (MoU) for the design and essential equipment of jack-up rigs for the Indian market. According to the company, the cooperation intends to take advantage of chances for mobile offshore drilling units made to satisfy

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