Subhashree Panda

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Rapid Multimodal Logistics IPO Date, Review, Price, Allotment Information

The IPO date for Rapid Multimodal Logistics is set; it will begin on August 22 and end on August 27. A BSE SME, Rapid Multimodal Logistics is planning an IPO to raise ₹8.49 crores. With a market lot of 1600 shares, the Rapid Multimodal Logistics IPO price band is set at ₹84. Based in Chennai, […]

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Shares of Sunlite Recycling Industries list for 90% more than their IPO price

Copper scrap is recycled by Sunlite Recycling, which specializes in producing copper rods, wires, earthing wires, earthing strips, conductors, and wire rods. On August 20, Sunlite Recycling Industries’ shares made a strong debut on the stock market. At that time, the share price was Rs 199.5, which was ninety percent more than the issue price

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Hopes for a rate drop boost Asian stocks, as PBOC gives no surprises, causing China to lag

Tuesday saw gains in the majority of Asian stocks, following Wall Street’s overnight surge as investors welcomed the possibility of a reduction in US interest rates ahead of Federal Reserve Chair Jerome Powell’s major speech later this week.  However, as the People’s Bank maintained its benchmark loan prime rate steady as anticipated, surprising some traders

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Edgar Bronfman offers $4.3 billion to Paramount and National Amusements 

A fresh contender is presenting a substitute proposal for the media behemoth Paramount Global. Edgar Bronfman Jr., a media investor and US billionaire, made a US$4.3 billion bid to purchase National Amusements, owned by Shari Redstone. The Wall Street Journal broke this story initially on Monday, August 19. According to media sources, the plan calls

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Hindustan Zinc OFS: Vedanta Plans To Exercise Its Subscription Option

A major player in the metal industry, Vedanta Limited announced on Friday that it would employ the oversubscription option in Hindustan Zinc Limited’s ongoing offer for sale (issue) to the extent of over 1.21 crore equity shares, or 0.29%, in addition to the 5.14 crore equity shares, which represent 1.22% of the company’s total issued

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Jubilant Pharmova To Invest In MNC Pierre Fabre’s French R&D Centre Via New Unit

Pierre Fabre Laboratories has received a put option offer from Jubilant Biosys Innovative Research Services Pte Limited, Singapore, a division of Jubilant Biosys Limited, a fully owned subsidiary of Jubilant Pharmova Limited. The acquisition of an 80% stock part in a new firm to be founded in France is proposed in this offer, which would

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In August, FPIs Turned Net Sellers, And Drew Out ₹21,201 Cr From Stocks

August saw a persistent sell-off by foreign investors in the Indian equities markets, unloading shares valued at Rs 21,201 crore as a result of the termination of the yen carry trade, US recession worries, and ongoing geopolitical tensions. According to data from the depositories, this followed inflows of Rs 26,565 crore in June and Rs

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How ETFs Are A Useful Tool For Investors And Positional Traders

In India, exchange-traded funds, or ETFs, are becoming more popular. As of July 30, 2024, the assets under management (AUM) in exchange-traded funds (ETFs) had increased to Rs 8.11 trillion from Rs 1.88 trillion on February 29, 2020. Individual investor participation is also increasing, even though many readers will soon point out that this jump

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Hindenburg Intensifies Its Assault Against Adani

Recent claims made by Hindenburg Research have raised questions about India’s regulatory environment and severely damaged the reputation of the Securities and Exchange Board of India (SEBI). This issue raises concerns about possible political repercussions within the largest democracy in the world, in addition to regulatory scrutiny. Reputed for its scathing analyses of big business,

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