Sensex Prediction for Monday: The Indian stock markets are expected to open on a bullish note on Monday, June 15, amid hopes of a US-Iran peace deal, easing crude oil prices and improving global sentiment that boosted investor sentiments. Sensex Prediction for Monday: The Indian stock markets are expected to open on a bullish note…
India’s electronic gold receipt (EGR) market could see a steady rise in participation as refiners, bullion dealers, jewellers, asset managers, and eventually retail investors join the platform, according to Sriram Krishnan, Chief Business Development Officer (CBDO) of National Stock Exchange (NSE). The exchange is preparing to roll out new trading denominations and a streamlined process…
From Vedanta’s demerged entities market debut to JSW Energy’s wholly owned subsidiary JSW Neo Energy Ltd commissioning the full 150 MW capacity of the…Read More 1/10 2/10 JSW Energy Ltd | The company said its wholly owned subsidiary JSW Neo Energy Ltd has commissioned the full 150 MW capacity of the Tidong Power Generation Private…
The listing of Vedanta’s demerged entities, set to take place on Monday, June 15, has brought the spotlight on what is considered to be the group’s most valuable asset, its Aluminium business. As the four demerged entities get set to become public companies on Monday, the Aluminium business is said to be the key driver…
Nifty bulls returned with force on Friday, helping the benchmark index snap a two-week losing streak as improving geopolitical sentiment triggered broad-based buying across sectors. After moving in a narrow range over the past few sessions, the Nifty staged a decisive breakout, ending the day 461 points higher. The rally was driven by renewed optimism…
Earlier on March 9, the SAT had sustained SEBI’s regulatory measures against SICCL, turning down appeals from both the company and its board members regarding the controversial issuance of optionally fully convertible debentures (OFCDs). Read Full Article The three-member tribunal had ruled that the OFCDs rolled out by SICCL from 1998 to 2008 actually amounted…
Vedanta listing date after demerger: According to separate exchange filings from Vedanta Ltd, Vedanta Oil & Gas, Vedanta Power, Vedanta Aluminium Metal and Vedanta Iron & Steel will make their much-awaited market debut on Monday. In a historic market debut, the four companies that spun off from Anil Agarwal-led Vedanta’s mega demerger will list on…
Oil prices rose on Wednesday, June 10, recovering from multi-week lows hit in the previous session, as fresh US military strikes on Iran raised concerns about the stability of a fragile ceasefire in West Asia and supply data pointed to tighter crude markets. Brent crude futures gained 0.9% to $92.29 a barrel, while US West…
Elon Musk’s SpaceX has drawn more than $250 billion of investor demand for what stands to be the largest-ever IPO, said people familiar with the matter on Tuesday, dwarfing the $75 billion the firm is seeking to raise. The deal’s oversubscription rate is running at three and a half to four times the planned offering…
SpaceX’s blockbuster stock market debut has not only made Elon Musk the world’s first trillionaire, but also emerged as one of the largest wealth-creation moments for employees. As shares surged after listing on Nasdaq, thousands of current and former employees saw the value of their stock holdings soar, turning many into overnight millionaires. According to…
