Oracle Financial Services Software has set May 7 as the record date for its second interim dividend of Rs 270 per share for FY26. Today is the last day for investors to buy shares to be eligible for the payment, which is scheduled by May 21. This move continues the company’s tradition of rewarding shareholders.
Oil Price Today (May 6): Crude oil falls below $110, down 6% in just two sessions. What’s behind the dip?
Oil prices dipped for a second day as U.S. President Trump hinted at a potential peace agreement with Iran, leading to hopes of restored Middle East supply routes. Trump announced a temporary pause on escorting ships through the Strait of Hormuz, a key oil transit point.
Jhunjhunwala-backed Bagmane REIT IPO opens today. Check GMP, subscription, price band and other details
Bagmane Prime Office REIT’s Rs 3,405 crore IPO opens Tuesday, aiming to list at Rs 100. Despite strong institutional backing, including from the Jhunjhunwala Trust, grey market signals are muted. The Bengaluru-focused REIT boasts premium office assets with high occupancy and marquee tenants like Google and Amazon, projecting attractive yields.
Jhunjhunwala trust backs Bagmane Prime Office REIT ahead of Rs 3,405 crore IPO
Bagmane Prime Office REIT is set to launch its IPO today, May 5. The company has secured significant backing from anchor investors, including the prominent Jhunjhunwala Discretionary Trust. This move signals strong institutional confidence in India’s upcoming sixth listed real estate investment trust.
Recode Studios IPO opens today. GMP among key things to know before subscription
Recode Studios’ IPO opens today, aiming to build an omnichannel cosmetics brand amidst market competition. The Rs 44.6 crore SME issue, priced between Rs 150-158, saw decent grey market sentiment with a 25% premium. The company, founded in 2021, offers over 350 products and plans to use IPO funds for expansion and marketing.
Oil Price Today (May 4): Crude oil dips below $110, falls for second session. What’s behind the decline?
Oil prices saw a slight dip on Monday. This comes as markets consider U.S. President Donald Trump’s initiative to free ships stuck in the Strait of Hormuz. Tensions between Tehran and Washington continue. The vital waterway remains largely blocked, impacting shipping. Traders are also watching OPEC+ output decisions. Experts suggest prices could rise if disruptions continue.
Value 360 Communications IPO opens today. Check GMP, subscription and other details
Value 360 Communications’ IPO opens Monday, aiming to raise Rs 41.69 crore. The strategic communications firm, with a price band of Rs 95-98, is expected to list on NSE SME with no immediate grey market premium. Proceeds will fund working capital, technology expansion, and debt repayment.
Negative Breakout: These 8 stocks cross below their 200 DMAs
The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
What will Berkshire do with $380 billion? Greg Abel speaks after taking over Warren Buffett’s biggest cash puzzle
Berkshire Hathaway holds a huge Rs 31.8 lakh crore in cash. This is Greg Abel’s first major test as CEO. Abel stated Berkshire’s operating philosophy will not change. The company’s cash reserves grew despite stronger first-quarter earnings. Berkshire has not made a large deal in years. Investors watch for Abel’s capital allocation decisions.
What Warren Buffett said at Berkshire Hathaway’s first annual meeting after stepping aside
Warren Buffett, 95, received a standing ovation at Berkshire Hathaway’s first shareholder meeting under new CEO Greg Abel. Buffett expressed confidence in Abel, stating he’s “doing everything I did and then some.” The meeting followed strong first-quarter earnings and a significant increase in Berkshire’s Apple investment value.