Latest Updates Around The World
Tenneco Clean Air India’s Rs 3,600-crore IPO entered its second day of subscription after being 42% subscribed on day 1. The issue received bids of Rs 2.77 crore against 6.66 crore shares on offer.The IPO has generated strong interest in the gray market, with the gray market premium (GMP) rising to around 21.5%, up from […]
DLF reported a decline in net profit from Rs 1,381 crore in July-September last year to Rs 1,171 crore in the current financial year. The company reported new sales bookings worth Rs 4,332 crore, supported by its first launch in Mumbai – The Westpark and continued healthy momentum in the super luxury segment. Cumulative new […]
The holding company of India’s Godrej Consumer Products will tap the corporate bond market for the third time in as many months at the end of October, two investment bankers said on Monday. Godrej Seeds and Genetics aims to raise 20 billion rupees ($229 million) through the sale of shorter-term debt, and the bonds would […]
Silver prices could reach as high as $60 per ounce in the coming year, reflecting a potential 20% year-over-year increase, according to Emkay Wealth Management. Emkay Global Financial Services’ wealth and advisory arm said the bullish outlook is driven by robust industrial demand amid an ongoing supply shortage that currently stands at 20% and is […]
