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According to the draft red herring prospectus (DRHP), the initial public offering (IPO) of the Chennai-based company comprises a ₹1,000 crore fresh issue of equity shares and an offer-for-sale (OFS) of ₹300 crore by existing investor shareholders. Continue Reading »
Warren Buffett addresses the meeting every year and shares tons of insights about the company's future plans, including specific investments, corporate governance, economy, etc. Continue Reading »
Ahead of the issue, Aadhar Housing Finance IPO is commanding a premium of ₹51 per share in the grey market on May 5, against ₹55 per share on May 4, according to market observers. Continue Reading »
Ahead of opening of the issue, the shares of TBO Tek are commanding a premium of ₹520 in the grey market, according to market observers. Continue Reading »
Top Stock Recommendations: Dharmesh Shah of ICICI Securities has recommended two stocks to buy on Monday - State Bank of India (SBI), and Power Grid Corporation of India Ltd. Continue Reading »
India's FCA, the biggest component of the forex reserves, fell by $1.159 billion to $559.701 billion, as per the RBI's weekly statistical data. Continue Reading »