Articles for category: Business

Rajiv Sharma

Business
Five companies including Hyundai and Swiggy receive SEBI approval for IPOs, arrange funding.

Five companies including Hyundai and Swiggy receive SEBI approval for IPOs, arrange funding.

In recent years, Initial Public Offerings (IPOs) have gained immense popularity among investors seeking new opportunities in the stock market. With numerous companies planning to go public, this article will delve into the upcoming IPO landscape, highlighting key details, potential investment opportunities, and essential tips for making informed decisions. Understanding IPOs An Initial Public Offering ...

Rajiv Sharma

Business
Government makes major announcement on interest rates for small savings from Sukanya to PPF

Government makes major announcement on interest rates for small savings from Sukanya to PPF

In recent developments, the Government of India has maintained the interest rates for various small savings schemes for the third quarter, starting from October 1st. This decision impacts schemes like the Public Provident Fund (PPF), the National Savings Certificate (NSC), and others that are popular among investors seeking secure and stable returns. Small savings schemes ...

Rajiv Sharma

Business
Strong start for Mainboard IPO, investors continue to buy shares post-listing with gains over 30%.

Strong start for Mainboard IPO, investors continue to buy shares post-listing with gains over 30%.

Manba Finance Limited has made a poised entry into the stock market, marking a significant milestone for the company and its stakeholders. After the initial listing of its shares, the company experienced a remarkable surge in its stock price. This performance indicates a positive reception from investors and reflects the underlying confidence in the company’s ...

Rajiv Sharma

Business
Upcoming IPOs and Listings This Week

Upcoming IPOs and Listings This Week

As we enter the first week of October, investors and market enthusiasts are eagerly anticipating a wave of new Initial Public Offerings (IPOs) that will make their debut on the stock market. This period often presents a plethora of opportunities for both retail and institutional investors looking to diversify their portfolios and capitalizing on fresh ...

Rajiv Sharma

Business
Company offering 1 free share for every 3 purchased, trading halted for years, priced at ₹3, record date approaching.

Company offering 1 free share for every 3 purchased, trading halted for years, priced at ₹3, record date approaching.

Bonus shares serve as an efficient way for companies to reward their shareholders without affecting their cash reserves. Shikhar Leasing & Trading Ltd, a notable player in the financial sector, is set to capture attention in the upcoming week with its announcement of bonus shares. The company has established the record date for eligible shareholders ...

Rajiv Sharma

Business
Fire at Tata's plant: Forensic investigation to reveal details

Fire at Tata’s plant: Forensic investigation to reveal details

On the evening of October 2023, a fire broke out at Tata Electronics’ new iPhone assembly plant located in Hosur, India. This incident has raised concerns about safety protocols and operational risks involved in large-scale manufacturing facilities, particularly those tied to influential tech products like the iPhone. Understanding the circumstances surrounding this incident is crucial ...

Rajiv Sharma

Business
Share to be split into 10 parts, record date announced, priced at ₹66

Share to be split into 10 parts, record date announced, priced at ₹66

Stock splits are pivotal corporate actions that often attract the attention of investors. They not only make shares more affordable to a larger number of shareholders but also can signal management’s confidence in the company’s future. Recently, micro-cap textile company New Light Apparels Ltd made headlines by announcing its first stock split at a ratio ...