Markets Today LIVE: Indian benchmark equity indices were likely headed for a strong start, after lower-than-expected core inflation reading in the US boosted Wall Street shares there

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

FinMin says some changes may take effect from April

CGST Act set to see key amendments in Budget session

Aegis Logistics has seen a strong spurt in price and volumes in the last trading session from the cluster of its significant EMAs on the daily chart

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

During the insolvency process, the resolution professional had admitted the claims of these four entities as lenders

Supreme Court, SC

The initial public offer of investment bank DAM Capital Advisors Ltd received 6.98 times subscription on the second day of share sale on Friday.
The IPO got bids for 14,52,54,503 shares against 2,08,04,632 shares on offer, as per data available with the NSE.
Non-Institutional Investors part received 11.49 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 8.96 times. Qualified Institutional Buyers (QIBs) garnered 7 per cent subscription.
The initial share sale of DAM Capital Advisors Ltd got fully subscribed hours after opening for bidding on Thursday.
DAM Capital Advisors on Wednesday said it has raised Rs 251 crore from anchor investors.
The initial share sale, with a price band of Rs 269-283 per share, will conclude on December 23.
The IPO is solely an offer for sale (OFS) of 2.97 crore equity shares worth Rs 840.25 crore, by a promoter and investors at the upper end of the price band.
Those selling shares in the OFS are promoter Dharm

IPO rush, market

Telecom regulator Trai on Friday recommended the allotment of the only chunk of 5 megahertz spectrum left in premium 700 Mhz band frequency range to Indian Railways for passenger safety applications.
The price of per megahertz (Mhz) spectrum in 700 Mhz band frequency was priced at Rs 3,927 crore for commercial use.
"In addition to the already assigned 5 MHz (paired) frequency spectrum in the 700 MHz frequency band, an additional 5 MHz (paired) frequency spectrum in the 700 MHz frequency band should be assigned to Indian Railways for its safety and security applications along the railway tracks for captive use," Trai said in its recommendation on "Assignment of Additional Spectrum to Indian Railways for its Safety and Security Applications".
The DoT has already allocated 5 Mhz of spectrum in the 700 Mhz band to Indian Railways in 2021.
Telecom signals transmitted in 700 Mhz band can cover an area in the range of 6-10 km. The vast coverage provided in these frequency bands reduces th

telecom spectrum

Delhiites continued to breathe toxic air as the air quality on Friday remained in the severe category, with the 24-hour average Air Quality Index (AQI) of 429.
The predominant pollutant was PM2.5, the fine particulate matter that poses serious health risks, as they can penetrate deep into the lungs and enter the bloodstream.
Of the 36 monitoring stations across the city, 14 reported air quality in the 'Severe Plus' category, with AQI readings above 450.
The remaining stations recorded AQI levels in the 'Severe' range, between 401 and 450.
These levels signify a significant deterioration in air quality, which is considered life-threatening for vulnerable populations such as children, the elderly, and those with respiratory or heart conditions.
The maximum temperature on Friday was 23 degrees Celsius, slightly warmer than the usual for this time of year.
The day started with a cool, misty morning and high humidity, which fluctuated between 95 per cent and 71 per cent throughout the

Flagging delay in implementation of stricter measures for checking the alarming rise in pollution, the Supreme Court on Monday asked states adjoining the Delhi-National Capital Region (NCR) to immediately set up teams to enforce graded response actio

"This is a national tragedy, violating the spirit of the Good & Simple Tax the GST was meant to be," says former chief economic adviser Arvind Subramanian

popcorn

The IPOs of engineering and construction company Transrail Lighting and investment banking firm DAM Capital Advisors were subscribed over 80 times each

Rawat, meanwhile, said that the development of the country will happen only when farmers come forward

Dhan Singh Rawat

The Indian Renewable Energy Development Agency Limited has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, a top IREDA official said here on Monday.
Chairman and Managing Director of IREDA, Pradip Kumar Das said this while addressing the Odisha Solar Investor Conclave, organised by GRIDCO and iFOREST (International Forum for Environment Sustainability and Technology) here.
Das reaffirmed its commitment to Odisha's ambitious renewable energy target, with the state setting its vision on achieving 10 GW (gigawatt) capacity by 2030.
He highlighted IREDA's unique position as a competitive financier with fully paperless, digitized and borrower-friendly operations, fostering seamless support for green energy projects.
Das said Odisha has the potential to emerge as a leading solar power producer and a hub for solar equipment manufacturing.
Sharing IREDA's national contributions, he noted tha

SAEL, Renweable energy firms, Green energy

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

Displaying categorized search results for income tax department

Latest News

In this section

All

IPOs see investor rush; five issues attract total bids worth Rs 1.4 trn

Uttarakhand will become a fully organic state in two yrs: Dhan Singh Rawat

Ireda sanctions over Rs 3,000 crore for green energy projects in Odisha

Most Popular

Read

Shared

Commented

Stock Market Highlights: Benchmarks end 5-day losing streak; Sensex soars 498pts, Nifty above 23,750

GST Council paves way for CGST Act amendments during Budget session

Osho Krishan of Angel One recommends buying these two stocks on Dec 23

Displaying categorized search results for income tax department Advance Search