Large offerings may drive bumper year for IPO mart

[ad_1] The stars may be aligning for a record year of initial public offerings (IPOs) led by large share sales. The average issue size for IPOs this fiscal may end up being double or even triple of last year (₹815...

India one of the fastest growing markets for Nestle globally: Annual Report FY24

[ad_1] Amidst a challenging global environment, India exhibited resilience blending elements of “robust economic growth” and “a dynamic consumption landscape” in 2023, Suresh Narayanan, Chairman & Managing Director, Nestle India noted in a letter to shareholders in the company’s annual...

Crude oil imports at record 21.8 million tonnes in May

[ad_1] India’s crude oil imports during May 2024 rose to its highest level on record as refiners topped up to meet domestic demand for auto fuels as well as for export opportunities. The world’s third largest importer procured 21.8 million tonnes...

Indian Biogas Association demands ₹90 per kg fixed rate for compressed biogas procurement

[ad_1] Indian Biogas Association (IBA) is demanding a fixed rate of ₹90 per kg for procurement of biogas by oil and gas marketing companies from the Government, citing environmental benefits and to boost the sector. The IBA will soon put...

Mutual funds industry attracts 81 lakh new folios in Apr-May FY25

[ad_1] The mutual fund industry has added over 81 lakh investors' accounts in the first two months of the current fiscal (FY25), mainly due to consistent marketing efforts, celebrity endorsements and dedicated work of the distribution network.”Changing perceptions about fixed...

Coal import increases 13% to 26 MT in April: mjunction

[ad_1] the country’s coalimport rose by 13.2 per cent to 26.10 million tonne (MT) in April 2024 as buyers took fresh positions amid early onset of summer. The country had imported 23.05 MT of coal in the year-ago period, according...

Mcap: 5 of top-10 most valued firms jumps ₹85,582 crore; LIC biggest gainer

[ad_1] Five of the top-10 most valued firms together added ₹85,582.21 crore in market valuation last week, with Life Insurance Corporation of India (LIC) emerging as the biggest gainer, in line with positive trend in equities.Last week, BSE benchmark Sensex...

Indian equity markets see FPIs’ buying interest, trim net outflows

[ad_1] Foreign Portfolio Investors (FPIs) halted their equity selling spree, becoming net buyers in the cash market this past week as equity markets stabilized post-poll volatility and rallied to new all-time highs, driven by expected policy continuity and an upgraded...

SEBI issues warning to JM Financial over NCD issuances

[ad_1] JM Financial Ltd (JMFL) on Saturday said it had received an administrative warning letter from SEBI. This warning pertains to the company’s role as a Merchant Banker in relation to certain past public issuances of non-convertible debentures (NCDs)JMFL, in...

Movers & Shakers: Stocks that will see action this week

[ad_1] Bank of India (₹125.8)Trading near a supportBank of India’s stock was range-bound since the beginning of the year. But in mid-May, it slipped below the lower boundary of ₹125. While the price fell post this, the trend has not really...
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