Both the non-institutional investor and qualified institutional buyer categories were fully subscribed on the second day. NSE IPO subscription status: National Stock Exchange of India (NSE)’s initial public offering was fully subscribed on Friday, the second day of bidding, with non-institutional investors and qualified institutional buyers driving demand.The Rs 22,569-crore IPO has become India’s second-largest…
An error was made while his ITR was being prepared, resulting in Rs 9.6 lakh being incorrectly added. (Image for representative purpose only) When filing your Income Tax Return it is always prudent to be doubly sure. One mistake in entry led to a taxpayer receiving an income tax notice. The taxpayer erroneously added Rs…
We judge a cost by how loudly it arrives, not by what it takes. From 15 October, UPI will no longer be free for merchants. It stays free for you. That is the whole news, and if that is all you wanted, you can stop reading here.But the messages have started. Will my SIP cost…
The rupee is stuck around the 95.7-96/dollar range. Why the mismatch with the record forex reserves data? India’s foreign exchange reserves are climbing to new record highs, thanks to the RBI’s FCNR(B) deposits scheme that has resulted in bumper inflows. Forex reserves are an important buffer that can help the central bank control any rapid…
“This landmark decision should not be viewed as a victory of one stakeholder over another,” Mistry said in a statement. Amid the Tata Sons listing buzz and power struggle in the Tata group, the Shapoorji Pallonji Group Chairman Shapoor Mistry has welcomed the Reserve Bank of India’s decision to require Tata Sons to comply with…
The MACD is firmly in positive territory, with the MACD line trading above the signal line. Gold price prediction today: Gold’s intraday outlook from a technical standpoint is positive, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Below is what he has to say:MCX Gold October futures are showing a strong…
The matter was decided ex-parte after neither the agent nor the builder appeared. (Image for representative purpose only) A Hyderabad woman booked a 3,600-sq-ft villa for Rs 2.14 crore after being promised delivery within six months. She paid Rs 79 lakh upfront for it but the project has remained under construction till now.She approached Telangana…
The IPO is an offer for sale (OFS) of 12.64 crore shares, which means that NSE will not receive any money raised through the issue. NSE IPO Day 2: National Stock Exchange of India IPO, India’s second largest till date, enters its second day of subscription with a grey market premium (GMP) of around 8%,…
Top stocks to buy today on September 18, 2026 Stock market recommendations: Apar Industries, BEML, and Aegis Vopak Terminals – these are the top stocks to buy that have been picked by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One for September 18, 2026. Below are the target prices and rationale:Buy Apar Industries…
The part reserved for employees was almost fully subscribed MUMBAI: The Rs 22,562 crore IPO for NSE, the largest stock exchange in India in terms of turnover and profits, received bids for nearly 3.8 crore shares against about 8.9 crore shares on offer in the post-anchor bidding process. This translates to an overall subscription of…
Minority shareholders in the company’s various businesses will be watching as an IPO could affect Tata’s ability to shift capital between its cash-rich established businesses and newer, less profitable ventures. MUMBAI: With the possibility of Tata Sons’ listing gaining traction, stocks of several Tata companies that hold shares of the group’s holding company rallied on…
Legal opinion centres on the interpretation of Tata Sons’ Articles of Association and interaction between special voting rights enjoyed by the Trusts’ nominee directors and chairman’s casting vote MUMBAI: Former chief justice of India D Y Chandrachud has opined that Tata Sons cannot validly reappoint N Chandrasekaran as executive chairman without the majority support of…
