India took place for the busiest IPO month in almost three decades, making investors with wide eyes

India will witness the busiest month for IPOs in almost 30 years, with no fewer than 25 companies being expected to hit the mainboard segment in September. According to Data from Primedatabase, compiled by Bloomberg, the last such increase in IPOs was seen in 1997, when 28 companies ticked into the markets. They are expected […]

Domestic stock markets are falling for the fourth consecutive session in the midst of H-1B visa.

Mumbai: Domestic stock indices extended losses for a fourth consecutive session on Wednesday, because uncertainty about the US economic actions against India kept investors to the Edge. NSE Nifty fell 112 points, or 0.45%, to close to 25,056, while the BSE SENSEX 386 points or 0.5%fell to 81,715. Both benchmarks have lost 1.4% and 1.6% […]

Trade in Piramal Enterprises -shares suspend from September 23 after merger with Piramal Finance

The National Stock Exchange of India (NSE) has announced the suspension of trade in shares of Pyramal Enterprises LTD (PEL) with effect from 23 September, after the closing hours of trade on 22 September. This is due to the approved regulation of fusion between Pel and Piramal Finance LTD (PFL). “Following the following of Regulation […]

Il & FS to sell 15% remaining interest in Roadstar Invit

Debt-founded infrastructure Leasing & Financial Services has decided to sell its full 15 percent remaining interest in Roadstar Infra Investment Trust (Invit) to reduce obligations. Infrastructure Leasing & Financial Services (IL & FS) has appointed Axis Bank to explore potential buyers for its 15.1 percent interest in Roadstar Invit. “Sale of the importance of IL&FS […]

Stock markets end higher after lowering the American Fed rate; Pay attention to running for the third day

File photo: Tata Motors, Trent, Bajaj Finance and Asian paint were to the backlog at Sensex The stock markets closed higher for the third consecutive day on Thursday, whereby the Benchmark Sensex achieved 320 points to finish above the level of 83,000 after the American Federal Reserve has reduced its most important interest rate by […]