Most of the MF investments in the three companies (Swiggy, Zomato and NTPC) are likely to have happened in the primary market, with mutual funds being major investors during the IPO anchor allotments

Mutual Funda

Decision likely at board meeting scheduled on December 18

Sebi likely to tighten norms for SME listing, widen UPSI definition

Adjustments to the new surrender regulations, uncertainties surrounding the Insurance Amendments Bill, and potential direct tax reforms in the upcoming Budget may pose short-term challenge

The insurance sector is at a critical juncture. Despite impressive growth in premium income – from Rs 1 trillion in FY05 to more than Rs 6.7 trillion in FY24 – the sector has yet to fully realise its potential in terms of broader penetration and impr

Ananth Narayan says total float with brokers, custodians equals a mid-sized bank

Ananth Narayan, WTM, Sebi

Experts say an administrative warning is a less severe action than a fine. However, it serves as a formal notice of non-compliance

HDFC Bank, HDFC

Visual Effects (VFX) firm Identical Brains Studios on Thursday said it is gearing up to raise Rs 20 crore through an initial public offering (IPO) on December 18.
The announcement comes after NSE Emerge granted in-principle approval for the IPO earlier this month.
The three-day public issue will conclude on December 20, the company announced.
The Mumbai-headquartered company's public issue will comprise a fresh issuance of 36.94 lakh equity shares with a face value of Rs 10 each.
Proceeds from the IPO will be utilized to expand and enhance the company's operations. This includes renovating the existing office and studio in Andheri, establishing a new branch office in Lucknow, and setting up a Color Grading Digital Intermediate (DI) and Sound Studio at a new branch office in Andheri.
Additionally, the funds will be used to purchase essential equipment such as computers, storage systems, and software to upgrade existing facilities. The remaining portion of the proceeds will be alloc

The announcement comes after NSE Emerge granted in-principle approval for the IPO earlier this month

In the past two occasions, Britannia share price more-than-doubled after the stock tested its super trend line support on the monthly scale. Will history repeat itself? Chart check here

Britannia Industries

Shares of Kernex Microsystems hit a new high of Rs 1,385.80, trading higher for the fifth straight day, surging 28% during the period.

Varanasi-New Delhi Vande Bharat (Photo: PTI)

Varanasi-New Delhi Vande Bharat

Shares of Jubilant FoodWorks dropped up to 4.1 per cent on the BSE in the early hours of trading on Thursday

bear market down

At 10:16 AM, with a market cap of Rs 1.01 trillion, Persistent Systems was trading 2 per cent higher at Rs 6,473.05 on the BSE, exchange data showed

Persistent Systems hits record high; soars 16% in 2 days on strong Q1 show

Persistent Systems

The uptick in the Vedanta share price came after the company announced that the Board will meet on Monday, December 16, 2024, to consider and approve the Fourth Interim Dividend on equity shares

Vedanta

Shares of Reliance Power reached their 5 per cent at Rs 46.24 per share in the early morning trade of Thursday

Reliance Power

Shares of Gland Pharma surged up to 4.76 per cent at Rs 1860 on the BSE in the early morning trade of Thursday

Gland Pharma

As per reports, two Edelweiss group entities, namely E Cap Equities and Edel Finance Company were likely to offload a 7.1 per cent stake in Nuvama Wealth management via block deals

Market, BSE, NSE, NIfty, Stock Market, investment

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