Latest Updates Around The World
The 2025 Defense Procurement Manual marks the first major update since 2009, with the aim of transforming India’s defense sector and strengthening domestic participation. The new policy aims to make it easier for SMEs and startups to contribute to defense projects, signaling a structural shift in the industry. Stroke mine, Research Analyst, PL Capital in […]
The bet of top-investor Ashish Kacholia on the newly listed Jain Resource Recycling has grown into a multi-bagger in just under seven months, which has yielded a return of 156% since his investment in March of this year. Kacholia, often called the ‘Big Whale’ of Dalal Street because of his talent to detect emerging companies […]
Rekha Jhunjhunwala, custodian of one of India’s most influential investment portfolios, saw her notional wealth in Titan Company swell by about Rs 739 crore within minutes on Wednesday as the stock rose nearly 5% after the company’s strong Q2 update. Titan shares rose as much as 4.7% to Rs 3,577.95 on the BSE after the […]
Tata Capital’s Rs 15,512 crore initial public offering (IPO) was fully subscribed on the third and final day of the bidding. The IPO recorded a total subscription of 1.01 times, with investors bidding for shares of Rs 33.64 crore against the offered shares of Rs 33.34 crore. Demand was largely driven by Qualified Institutional Buyers […]
Indian government bonds are likely to see some opening on Wednesday as underlying sentiment favors the bulls, but investors will be cautious as benchmark bond yields have been unable to break past a key level. The yield on the benchmark 10-year note is expected to move between 6.49% and 6.52%, after ending at 6.5101% on […]
Valplast Technologies, a construction engineering company specializing in waterproofing, grouting and tunnel infrastructure, will list on the BSE SME platform on October 8 after a muted response from investors and no visible traction in the gray market. The gray market premium (GMP) of the IPO is flat at Rs 0, suggesting the stock will trade […]
Asian shares placed a modest drop at the opening after the withdrawal of Wall Street of record heights led to caution among investors. The regional stock meter of MSCI fell by 0.2% with technological shares among the losers. The S&P 500 fell 0.4% on Tuesday as the concern grew that an increase of $ 16 […]
Mumbai: The Reserve Bank of India (RBI) is launching a pilot at deposit choice on 8 October, said a senior official at the Global Fintech Fest on Monday. This makes it possible to make digital representations of assets such as deposits, shares and bonds stored on a blockchain. The main manager of the RBI, Suvendu […]
Selection framework Investiger Vijay Kedia took the importance of RS 11 Crore in Gujarat established Eimco Elecon (India) on Tuesday via a bulk deal. More than 57,400 shares were purchased by his investment company Kedia Securities Private LTD for a price of RS 1906,71 each. The purchase price was 4.4% higher compared to the closing […]
