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The QIP was advised by Cantor Fitzgerald & Co., with SBI Capital Markets Limited, Jefferies India Private Limited, and ICICI Securities Limited serving as Book Running Lead Managers. Continue Reading »
Global stock market crash: The recent sharp market decline in the US and other major markets globally follows a weak July payroll report released on Friday. The report revealed that the US unemployment rate increased to 4.3 per cent last month, marking the fourth consecutive monthly rise. Continue Reading »
Brent crude futures fell 1 per cent or 76 cents at $76.05 a barrel by 13:35 GMT. The oil prices are trading at the lowest since since January. The U.S. West Texas Intermediate crude fell 1.1 per cent or 77 cents at $72.75. Continue Reading »
Under the market regulator’s new rules, companies must declare any decision to issue bonus shares to the stock exchanges within five days of board approval. .These bonus shares should then be credited to demat accounts the next working day and be available for trading the following day. Continue Reading »
After a major sell-off from investors due to fears of a US recession, Wall Street opened lower. US markets coloured red as fears still loom over the economy, slipping into a recession. Continue Reading »
As FirstCry prepares for its IPO, investors will be closely watching how the company addresses its challenges and capitalizes on its growth opportunities. Continue Reading »