SEBI has removed the status of WeWork India’s IPO papers from abeyance. SEBI clears 5 IPOs Capital market regulator Sebi has approved IPOs of five companies – Veeda Clinical Research, Shringar House of Mangalsutra, Rite Water Solutions India, Seedworks International, and LCC Projects. As per the latest processing status of draft offer documents, the regulator…
The above weekly options data suggests that the Nifty 50 may trade in the 25,300–25,600 range in the near term, while the broader trading range remains at 25,000–26,000. Nifty Outlook The Nifty 50 remained lacklustre throughout the session and closed flat on July 7, as market participants awaited the US-India trade deal and maintained caution…
RBI has barred banks and NBFCs from levying pre-payment penalties on floating rate loans to individuals and MSEs for business use, effective January 1, 2026. Mumbai, Jul 2 (PTI): The Reserve Bank of India (RBI) on Wednesday instructed banks and other financial institutions not to levy any pre-payment charges on all floating rate loans and…
Margins of Indian steel makers had been under risk earlier this year when Chinese steel companies dumped cheap steel in the domestic market amid higher tariffs on China Stocks of steel companies surged in July 2 session with Tata Steel, JSW Steel, Jindal Steel and Steel Authority of India rising up to 3.6%. Nifty Metal…
The Rs 860-crore Crizac IPO, which comprises of solely offer-for-sale, will open for public subscription on July 2, and close on July 4. Kolkata-based Crizac, the international student recruitment solutions provider, has raised Rs 258 crore from 19 institutional investors through its anchor book on July 1, a day before the IPO opening. The Rs 860-crore…
The new 99 Store offers single meals at ₹99 with optional free Eco Saver delivery and aims to cater to Gen Z consumers seeking low-cost, everyday food options Food delivery platform Swiggy on Tuesday announced the launch of the ’99 Store,’ a new range of offerings on its application. The section, which is a…
Looking ahead, select buzzing stocks like Bank of Baroda (BoB) Ltd, Asian Paints Ltd and Adani Green Energy Ltd are expected to remain in focus among traders. Broader markets remained resilient, with the BSE MidCap index gaining 0.60 per cent and the SmallCap index rising 0.52 per cent. Indian equity markets paused their upward…
Reliance Industries (RIL) share price climbed 2 per cent in trade and its market capitalisation crossed ₹20 trillion mark once again; check all details Reliance Industries (RIL) shares climbed 2 per cent in trade on Thursday, logging an intraday high at ₹1,496.8 per share on BSE. The company’s market capitalisation surpassed the ₹20 trillion…
The global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and a spike in geopolitical tensions, said an article in the RBI’s June Bulletin Amid global uncertainties, various high-frequency indicators point towards resilient economic activity in India across the industrial and services sectors, the Reserve Bank…
The move will enable members of retirement fund body EPFO to get their advance withdrawal claims of up to Rs 5 lakh settled within three days Union Labour Minister Mansukh Mandaviya on Tuesday announced raising the limit from Rs 1 lakh to Rs 5 lakh for auto-settlement of claims for advance withdrawal from employees’…