Interest in initial public offerings (IPOs) typically accelerates during the final phases of the bidding process. The IPO for the National Stock Exchange (NSE) is currently open for subscriptions and will remain available until September 21. Following the subscription period,
Tata Sons issued a statement confirming that Natarajan Chandrasekaran has agreed to the Boards request to reconsider his earlier decision regarding his position. Following this reconsideration, the Board voted and resolved by a majority to reappoint him as Executive Chairman
In the recent market exchange, data shows that investors submitted bids for 3.83 crore shares out of a total of 8.86 crore shares available in the issue. The subscription rates varied between different investor categories, with non-institutional investors subscribing to
BJP-led States Celebrate PM Modis 76th Birthday with Extensive Festivities In a notable display of political fervor, various states governed by the Bharatiya Janata Party (BJP) have organized grand celebrations for Prime Minister Narendra Modis 76th birthday, which took place
The National Stock Exchange of India (NSE) has successfully raised ₹6,746 crore (approximately $814 million) through its anchor book placement ahead of its Initial Public Offering (IPO). Notable investors contributing to this fundraising round include major institutional players such as
The Federal Reserve has established a new target range for its benchmark interest rate, implementing an increase that marks the first adjustment since 2023. This decision comes amidst ongoing discussions regarding economic policy, with President Donald Trump urging for a
The financial markets are closely monitoring todays Federal Open Market Committee (FOMC) meeting, where key decisions regarding interest rates will be announced. The anticipation surrounding this event is heightened by the forthcoming press conference with Federal Reserve Chair Kevin Warsh,
Recent reports indicate that Oracle has implemented layoffs affecting employees in India, as discussed on social media platforms X (formerly Twitter) and Reddit. Individuals identifying themselves as Oracle employees have shared their experiences, noting that some received minimal notice prior
The Employees Provident Fund Organisation (EPFO) has announced an increase in the wage ceiling for EPF contributions, raising it from Rs 15,000 to Rs 25,000. This marks a significant adjustment, as the previous limit had remained unchanged from 2004 until
When assessing loan applications, lenders evaluate several key factors, with income being a principal criterion. However, the assessment goes beyond merely examining an applicants gross income. Lenders also take into account the stability and consistency of an applicants income, which
