File photo: BLS Polymers logo MUMBAI: The Rs 255 crore IPO of BLS Polymers was subscribed a little over 241 times, making it one of the highest subscribed primary offers in recent times. Compared to nearly 1.2 crore shares on offer, total bids at the upper end of the Rs 141-150 per share price band…
File photo: Sagility logo MUMBAI: IIFL Capital on Thursday night launched a block deal for up to 56 crore shares of Sagility Ltd that could be worth nearly Rs 2,400 crore or about $250 million. Netherlands-based Sagility BV, a promoter group entity, is the seller. Source link
File photo: Taj Hotel Mumbai MUMBAI: Tata Group’s Taj Hotels and Adani Airports have entered into an agreement for eight hotels across four cities — Mumbai, Ahmedabad, Lucknow and Guwahati. Adani operates the airports in these cities and Taj Group will create a combined inventory of 2,000 rooms in the eight hotels that will span…
Suspected hack hits world’s largest crypto exchange Binance (Reuters photo) Binance, the world’s largest cryptocurrency exchange, said on Thursday that $2.54 billion worth of crypto assets had been frozen as it investigated a possible security breach. Stablecoin issuers Circle and Tether also froze assets linked to the incident, news agency Reuters reported.“Binance will cover all…
NEW DELHI: Commerce and industry minister Piyush Goyal on Thursday said the govt will ensure that sensitive sectors, including agriculture, are protected as part of the trade deal with the US.“I have the courage of conviction to announce boldly that once details are out on the US trade deal, the people of India will celebrate…
File photo: Noel Tata Bahram Vakil MUMBAI: Noel Tata has selected close friend and AZB & Partners co-founder Bahram Vakil to succeed him as chairman of Trent, the Tata Group‘s fashion and retail flagship established by his mother, Simone Tata. Vakil will take over as chairman of Trent on Nov 12, a day after Noel…
MUMBAI: The US central bank’s decision to keep interest rates unchanged late on Wednesday, combined with some slowdown in the intensity of selling by foreign funds in recent days, boosted investor sentiment on Dalal Street on Thursday. As a result, sensex rallied 905 points or 1.2% to close at 74,151 points while on NSE, Nifty…
Gold prices were steady at ₹1.46 lakh per 10 grams in the national capital on Thursday as jewellers and retailers remained cautious about fresh purchases amid elevated rates. Traders said gold prices remained steady as jewellers and retailers were cautious about fresh buying amid high prices. (Pexel/ Representative Image ) Silver prices, however, rose by…
The Nifty crossed its key 20-day exponential moving average (20-DEMA) level of around 22,825 during the session. It extended its gains through the afternoon as buying picked up across sectors. Realty, fast-moving consumer goods (FMCG) and select banking stocks led the advance. Indian stock markets rallied sharply on Thursday, with the Sensex rising over 900…
