The share allotment for Laxmi Organic Industries is expected soon & the #shares will list on the bourses thereafter. Details 👇
https://www.moneycontrol.com/news/business/ipo/laxmi-organic-ipo-share-allotment-here-is-how-to-check-the-status-6680531.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/ipo/laxmi-organic-ipo-share-allotment-here-is-how-to-check-the-status-6680531.html?utm_source=telegram&utm_medium=social
Moneycontrol
Laxmi Organic IPO Share Allotment: Here Is How To Check The Status
The allotment status for Laxmi Organic IPO shares can be checked either on the BSE website or on the site of registrar. Find the links here
#Shares of Indian #auto parts suppliers rise as much as 14% following a report of Tesla being in talks with at least three companies to source critical parts for its planned entry into the country.
Read at https://www.moneycontrol.com/news/business/stocks/auto-parts-makers-shares-gain-on-report-of-talks-with-tesla-7406691.html?utm_source=telegram&utm_medium=social
Read at https://www.moneycontrol.com/news/business/stocks/auto-parts-makers-shares-gain-on-report-of-talks-with-tesla-7406691.html?utm_source=telegram&utm_medium=social
Moneycontrol
Auto Parts Makers' Shares Gain On Report Of Talks With Tesla
Tesla, which is looking to set up a factory in India if it is successful with imported vehicles, is holding early talks with some companies for the supply of components such as instrument panels, windshields, differential gears, brakes and power seats, the…
#Budget2022WithMC: #Shares of cement and #Infrastructure stocks were in demand after FM #NirmalaSitharaman sharply increased the outlay on capital expenditure.
Read more here 👇
https://www.moneycontrol.com/news/business/markets/budget-2022-infra-cement-stocks-surge-on-35-jump-in-capex-outlay-8018231.html?utm_source=telegram&utm_medium=social
Read more here 👇
https://www.moneycontrol.com/news/business/markets/budget-2022-infra-cement-stocks-surge-on-35-jump-in-capex-outlay-8018231.html?utm_source=telegram&utm_medium=social
Moneycontrol
Budget 2022 | Infra, Cement Stocks Surge On 35% Jump In Capex Outlay
Budget 2022 | The finance minister fixed the outlay on capital expenditure for next year at Rs. 7.5 lakh crore, sharply higher than the Rs 5.5 lakh crore budgeted for 2021-22.
The board of Dhanlaxmi Bank today approved a rights issue of #equity #shares worth up to Rs 130 crore, aimed to augment its paid up capital.
Read more 👇
https://www.moneycontrol.com/news/business/banks/dhanlaxmi-bank-board-approves-rights-issue-to-raise-up-to-rs-130-crore-8246031.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/banks/dhanlaxmi-bank-board-approves-rights-issue-to-raise-up-to-rs-130-crore-8246031.html?utm_source=telegram&utm_medium=social
Moneycontrol
Dhanlaxmi Bank board approves rights issue to raise up to Rs 130 crore
The board has approved the augmentation of paid up capital by issue of equity shares on a rights basis for an aggregate amount not exceeding Rs 130 crore, the lender said in a regulatory filing.
#MarketsWithMC: The base deal size is 28 million #shares, with an upsize of 12 million shares, taking the cumulative total to 40 million. A discount of 0-5% on current #market price is on the cards.
Read more 👇
https://www.moneycontrol.com/news/business/markets/kotak-mahindra-bank-block-deal-launched-canada-pension-fund-to-offload-shares-8266251.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/markets/kotak-mahindra-bank-block-deal-launched-canada-pension-fund-to-offload-shares-8266251.html?utm_source=telegram&utm_medium=social
Moneycontrol
Kotak Mahindra Bank block deal launched, Canada Pension Fund to offload shares
The base deal size is 28 million shares, with an upsize of 12 million shares, taking the cumulative total to 40 million.
The company in its #BSE filing said it has finalised allocation of more than 1.98 crore equity #shares to 46 anchor #investors, at issue price of Rs 650 per share, the higher end of price band.
Read more 👇
https://www.moneycontrol.com/news/business/ipo/patanjali-backed-ruchi-soya-raises-rs-1290-crore-from-anchor-investors-8266901.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/ipo/patanjali-backed-ruchi-soya-raises-rs-1290-crore-from-anchor-investors-8266901.html?utm_source=telegram&utm_medium=social
Moneycontrol
Patanjali-backed Ruchi Soya raises Rs 1,290 crore from anchor investors
Ruchi Soya Industries is planning to raise total Rs 4,300 crore through its FPO. The net FPO proceeds will be utilised for repaying debts, working capital requirements and other general corporate purposes.
#Invesco will be selling 7.4 crore #shares, which is worth around Rs 2,200 crore of the stock.
Get the details 👇
https://www.moneycontrol.com/news/business/companies/zees-biggest-shareholder-invesco-to-sell-7-8-equity-via-block-deal-tomorrow-8325501.html?utm_source=telegram&utm_medium=social
Get the details 👇
https://www.moneycontrol.com/news/business/companies/zees-biggest-shareholder-invesco-to-sell-7-8-equity-via-block-deal-tomorrow-8325501.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zee's biggest shareholder Invesco to sell 7.8% equity through block deal today
Invesco will be selling 7.4 crore shares, which is worth around Rs 2,200 crore of the stock.
Mu Sigma's founder Dhiraj Rajaram has bought back #shares held by the company's #investors Sequoia Capital & General Atlantic, gaining full ownership.
Here’s what you need to know 👇
https://www.moneycontrol.com/news/business/startup/exclusive-mu-sigma-founder-dhiraj-rajaram-buys-out-investors-sequoia-and-general-atlantic-regains-full-ownership-8390331.html?utm_source=telegram&utm_medium=social
Here’s what you need to know 👇
https://www.moneycontrol.com/news/business/startup/exclusive-mu-sigma-founder-dhiraj-rajaram-buys-out-investors-sequoia-and-general-atlantic-regains-full-ownership-8390331.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive | Mu Sigma founder Dhiraj Rajaram buys out investors Sequoia and General Atlantic, regains full ownership
Both funds invested in Mu Sigma in 2011 and were among its largest shareholders, together holding nearly 38 percent.
#ICYMI: Mu Sigma's founder #DhirajRajaram has bought back #shares held by the company's #investors Sequoia Capital & General Atlantic, gaining full ownership.
Here’s what you need to know 👇
https://moneycontrol.com/news/business/startup/exclusive-mu-sigma-founder-dhiraj-rajaram-buys-out-investors-sequoia-and-general-atlantic-regains-full-ownership-8390331.html?utm_source=telegram&utm_medium=social
Here’s what you need to know 👇
https://moneycontrol.com/news/business/startup/exclusive-mu-sigma-founder-dhiraj-rajaram-buys-out-investors-sequoia-and-general-atlantic-regains-full-ownership-8390331.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive | Mu Sigma founder Dhiraj Rajaram buys out investors Sequoia and General Atlantic, regains full ownership
Both funds invested in Mu Sigma in 2011 and were among its largest shareholders, together holding nearly 38 percent.
#MarketsWithMC: #RelianceIndustries passed market capitalisation of $250 billion for the first time with #shares hitting a record high today.
Read on 👇
https://www.moneycontrol.com/news/business/markets/indias-most-valued-firm-reliance-hits-250-billion-m-cap-for-first-time-widening-gap-with-tcs-8424331.html?utm_source=telegram&utm_medium=social
Read on 👇
https://www.moneycontrol.com/news/business/markets/indias-most-valued-firm-reliance-hits-250-billion-m-cap-for-first-time-widening-gap-with-tcs-8424331.html?utm_source=telegram&utm_medium=social
Moneycontrol
India's most valued firm Reliance crosses $250 billion m-cap for first time, widening gap with TCS
The current gulf between Reliance and TCS stretches more than Rs 6 lakh crore. Such a widen gap was last seen on September 11, 2020
#MarketsWithMC: #Shares of major Chinese tech companies soared after a meeting in which top officials called for the "healthy development" of the sector, fuelling hope among investors that a damaging state crackdown may ease.
Read 👇
https://www.moneycontrol.com/news/business/markets/chinese-tech-companies-shares-surge-as-officials-hint-at-letup-in-crackdown-8430051.html?utm_source=telegram&utm_medium=social
Read 👇
https://www.moneycontrol.com/news/business/markets/chinese-tech-companies-shares-surge-as-officials-hint-at-letup-in-crackdown-8430051.html?utm_source=telegram&utm_medium=social
Moneycontrol
Chinese tech companies rocket as politburo hints at letup in crippling crackdown
The Hang Seng Tech Index jumped as much as 11 percent in Hong Kong, the most since March 17. Shares of Chinese tech firms rocketed in Hong Kong, with JD.com and Alibaba rising around 15 percent, while Tencent shares jumped 11 percent.
#LICIPO will not be the first listed insurance company for mutual funds to invest in. Already Rs 30,000 crore or 1.5% of the overall equity AUM is invested in #shares of seven listed insurance companies.
Read more 👇
https://www.moneycontrol.com/news/trends/shark-tank-judge-vineeta-singhs-first-business-idea-that-never-saw-light-of-the-day-8420261.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/trends/shark-tank-judge-vineeta-singhs-first-business-idea-that-never-saw-light-of-the-day-8420261.html?utm_source=telegram&utm_medium=social
Moneycontrol
Will mutual funds subscribe to LIC IPO? Looks likely, going by their past behaviour
LIC IPO will not be the first listed insurance company for mutual funds to invest in. Already Rs 30,000 crore or 1.5% of the overall equity AUM is invested in shares of seven listed insurance companies.
👞 #MarketsWithMC: Shares of #BataIndia Ltd inched lower in early deals today, following the reports that the promoters of the company are expected to offload 36 lakh #shares or 2.8% stake through a block deal.
Read at 👇
https://bit.ly/3azTX3e
Read at 👇
https://bit.ly/3azTX3e
Moneycontrol
Bata India declines after promoters decide to offload 2.8% stake via block deal
The floor price of the deal has been fixed at Rs 1,750 per share, a 6.8 percent discount from the current market price