Premier Energies IPO consists of a fresh issue of equity shares aggregating up to Rs 1500 crore and an Offer for Sale (OFS) of up to 2,82,00,000 shares by the selling shareholders.
IREDA Q4 PAT up 33% YoY with rise in income
The finance cost of the non-banking financial company rose in tandem with the revenue to ₹847 crore. Loan disbursement in the quarter was ₹12,869.35 crore up around 14% from the corresponding period last year.
Yarn manufacturer Sanathan Textiles files for Rs 800 cr IPO papers with Sebi
Sanathan Textiles plans an Rs 800 crore IPO with equity and OFS. DRHP includes pre-IPO placement details. Operates polyester, cotton, and technical yarn divisions, set to list on BSE and NSE.
Govt open to selling stake in GIC Re, LIC in FY24/25: Source
In FY 2024/25, India may sell a 10% stake in GIC for about Rs 57 billion. LIC plans to offload 10% over 7 years and 25% over 10 years post its successful IPO.
Taking Stock: Market makes a smart recovery to snap 4-day losing streak; banks, metals shine
For the week, the Sensex and the Nifty fell 1.5 percent eachSensex, Nifty erase losses on short covering, rise 0.8%, but volatility likely to prevail
Analysts expect bearish bias to persist in the near-term as higher US bond yields will keep FIIs away from Indian equitiesMid-day Mood | Market trades in red as Middle-East crisis deepens, volatility jumps 4%
Broader indices underperformed benchmark indices on April 19 afternoon. The BSE Midcap and BSE Smallcap indices surged up to 0.9 percentBitcoin slides below $60,000 on reports Israel strikes Iran
Bitcoin slid more than 5.5% to $59,961 in the Asia session as the U.S. dollar rose broadly. Ether fell by a similar margin, dropping below the $3,000 barrier to $2,895.
Fed policymakers agree: There’s no urgency to cut rates
Minneapolis Fed President Neel Kashkari told Fox News Channel he also wants to be “patient,” with the first rate cut “potentially” not appropriate until next year.
Fed’s Bostic: Open to a rate hike if inflation progress stalls
Progress toward the Fed’s 2% inflation goal has slowed in recent months, and U.S. central bankers have generally said that means they will likely hold rates at current levels for longer, with no urgency to cut them.