• IPO screener: Mukka Proteins sees healthy subscription on Day 1 - The ₹224-crore issue of Mangaluru-based Mukka Proteins saw a robust response on Day 1 of issue opening on Thursday. The IPO came out with a price band of ₹26-28. The initial public offering closes on Monday, March 4. Investors can bid for a minimum of 535 equity shares and in multiples of 535 equity shares […]
  • Rupee settles flat at 82.91 against US dollar - The rupee on Thursday settled flat at 82.91 (provisional) against the US dollar, as the support from lower crude oil prices and a weak greenback against major crosses overseas was offset by sustained foreign capital outflows. Besides, a positive trend in equity markets provided a cushion to the domestic unit, forex traders said. Market participants […]
  • Shriram Finance to replace UPL in Nifty 50 from March 28 - Shriram Finance will replace UPL Ltd in the Nifty 50 index effective March 28. UPL has been removed from Nifty 50 pursuant to its exclusion from Nifty 100 index, a parent index for Nifty 50. Shriram Finance has been included in Nifty 50 index as it has the highest six month average free-float market capitalisation […]
  • Easy Trip Planners partners with Zaggle Prepaid; shares up - Easy Trip Planner Ltd’s EaseMyTrip announced a partnership with Zaggle Prepaid Ocean Services Limited to give its corporate clientele access to Zaggle’s EMS platform for travel and expense management solutions. It covers everything from flight bookings, hotels, and other travel arrangements to managing expenses incurred during business trips. The company said the collaboration aims to […]
  • RK Swamy public issue to open on March 4 - The Chennai-based RK Swamy will launch its initial public offering on March 4, according to red herring prospectus filed with SEBI. The company is expected announce the price band this week. The offer includes a fresh issue of ₹173 crore and an offer for sale of up to 87 lakh equity shares by selling shareholders […]
  • MCX, Jakarta Futures Exchange sign pact - Multi Commodity Exchange and the Jakarta Futures Exchange, the largest commodity exchange in Indonesia, have entered into a memorandum of understanding to enhance collaboration in key areas, including knowledge sharing, research, education, training, awareness creation, and other market development initiatives. Also read: MCX logs ₹5 crore loss on one-time software fee PS Reddy, Managing Director, […]
  • R Systems, IIT Delhi forge partnership for AI Center of Excellence - R Systems International Ltd, a player in digital product engineering and technology solutions, has entered into a Memorandum of Understanding (MOU) with the Indian Institute of Technology Delhi (IIT-Delhi) to establish a Center of Excellence (CoE) on Applied AI for Sustainable Systems. The CoE, to be set up at IIT Delhi, will comprise a research […]
  • Global steel output slips a tad in January - Global crude steel production declined by 1.6 per cent in January 2024 to 148.1 million tonnes (mt) against 150.6 mt in the corresponding period a year ago. According to the World Steel Association, top producer China’s output plunged to 77.2 mt in November, down by 6.9 per cent from the year-ago period. India reported a […]
  • SEBI set to unveil cybersecurity and resilience framework for capital markets - Capital markets regulator SEBI is working on a Cybersecurity and Resilience Framework that it intends rolling out once industry feedback is received, Kamlesh Varshney, Whole-Time Member, said on Saturday. Also read: SEBI chief launches CDSL’s multi-lingual initiatives “SEBI has prepared cybersecurity framework. It is ready and already given to the Industry Standards Forum for Brokers […]
  • Sebi using AI for investigations, says official - Sebi is using Artificial Intelligence (AI) for investigations, its Whole Time Member Kamlesh Chandra Varshney said on Saturday and emphasised that entities should keep track of technological developments. Against the backdrop of instances of manipulations in the stock market, he said the message is that abiding with the law will be more beneficial and violations […]
×