ITI Ltd.’s shares jumped 9% to an intraday high of Rs 291 on the BSE today on the company’s announcement that it had been selected as the L1 bidder for the Rs 3,022 crore Middle Mile Network BharatNet project. In the Andaman & Nicobar Islands, West Bengal, and Himachal Pradesh, the business has been the…
On November 6, 2024, Swiggy Limited’s first public offering (IPO) debuted on the Indian primary market. The Swiggy IPO will continue to accept bids until November 8, 2024. Accordingly, Swiggy’s IPO subscription will be available Wednesday through Friday of this week. The Swiggy IPO pricing range has been set by the online food delivery service…
Beijing was on the defensive and unsure how to react when Donald Trump initiated a trade war with China in 2018. Despite losing more, President Xi Jinping is more equipped to battle this time. Trump has threatened to impose up to 60% tariffs on Chinese imports, a figure that Bloomberg Economics claims could severely harm…
On Wednesday, 6 November, Power Grid Corporation, the biggest electric power transmission firm and a Maharatna Central Public Sector Undertaking (CPSU), revealed lower-than-expected results for the second quarter of fiscal year 2025 (Q2 FY25). In comparison to the ₹11,267 crore reported for the same period the previous year, the company’s consolidated revenue for Q2 FY25…
The International Finance Corporation (IFC) has partnered with Bajaj Finance to provide a $400 million loan to the company in order to support women-owned microenterprises and women micro-borrowers, as well as to increase access to climate finance for electric vehicles (EVs) and energy-efficient consumer goods. This is a component of the $1 billion debt-raising plan…
After US markets surged to all-time highs as investors braced for a second Donald Trump presidency, Japanese shares led gains in Asian equities. After declining on Wednesday, the yen steadied in early Asian trading. While benchmark indices in South Korea and Australia slightly declined, those in Japan rose for a third day, mirroring the advances…
Trump’s second term as president of the United States has increased equities markets on wagers of beneficial tariffs, deregulation, and lower corporate taxes, raising shares of banks, small-cap companies with a local focus, and Trump Media. After the billionaire supported Trump during his election campaign, he promised to appoint Tesla CEO Elon Musk to lead…
On Wednesday, 6 November, subscriptions for ACME Solar Holdings’ initial public offering (IPO), which aims to raise 2,900 crore, will open. Both a fresh issue and an offer for sale (OFS) are part of this capital offering; the IPO window ends on 8 November. ACME Solar Price Band and Share Listing Timeline The pricing range…
As the presidential election began, US markets rose and the currency dropped with significant ramifications for future economic policies. Even though the markets appeared to be calm, Wall Street was getting ready for a long night of potentially controversial ballot counting and significant fluctuations regardless of the result. The S&P 500 and Treasuries’ volatility metrics,…
New Delhi, Nov. 4 (PTI) — The National Stock Exchange (NSE) said Monday that its consolidated net profit for the September quarter increased by 57% year over year to ₹3,137 crore. The exchange reported ₹5,023 crore in total revenue for the July–September quarter of the current fiscal year (FY25), a 25% increase from the previous…