ldccbank – Page 62

LTIMindtree shares in focus as LIC increases stake to 7%

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Life Insurance Corporation of India (LIC), a major insurance firm and the biggest domestic institutional investor in India increased its ownership of the IT company LTIMindtree through open market acquisitions. By increasing its ownership in LTIMindtree equity shares from 1,49,06,665 to 2,08,34,009, or 5.033% to 7.034% of the company’s paid-up capital, LIC said in an […]

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Petrobras approves $3.4 billion in extra dividends, $111 billion strategic plan

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The Brazilian state-owned oil company Petrobras reduced the minimum cash level needed for its $111 billion strategic plan on Thursday and authorized a payout of 20 billion reais ($3.4 billion) in special dividends to shareholders. As special dividends for the 2023 period, Petrobras stated in a securities filing that around 15.6 billion reais of the

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

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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

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

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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

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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

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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

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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?

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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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