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9th Jan 2023
It could be a setback for the world’s largest and most prestigious search engine, Google. The National Company Law Appellate Tribunal (NCLAT) has denied Google’s request for interim relief. Google had filed an appeal against the recent order of t
On 04th January 2023, the US Federal Reserve published the minutes of the last Fed meet of 2022 conducted in mid-December. The Fed practice is to publish the minutes of the Fed meeting exactly 21 days after the Fed statement. The minutes of the Fed m
4th Jan 2023
Today, the stock opened at Rs 41.75 and has touched a high and low of Rs 44.60 and Rs 41.15, respectively. On Wednesday, the shares of R.P.P. Infra Projects closed at Rs 43.30, up by 1.05 points or 2.49 from its previous closing of Rs 42.25 on th
The stock surged 5.6 on Wednesday. On January 4, the market traded in the red. The S&P BSE Sensex closed trading at 60657.45, while NIFTY50 closed at 18,042.95, both closing down by 1.04. Regarding sectoral performance, Healthcare and Consum
The company is primarily engaged in the business of stocks, commodities and currency and its client base has increased this year by 61 compared to last year. On Wednesday, shares of the company opened at Rs 1,349.00 and made the day high at Rs 1,
New India Assurance Company Limited, Rajesh Exports and Grindwell Norton have witnessed a volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and
Today, the stock opened at Rs 33.35 and touched a high and low of Rs 33.75 and Rs 32.35, respectively. At 3 pm on Wednesday, shares of Punjab & Sind Bank were trading at Rs 33, up by 0.65 points or 2.01 from its previous closing of Rs 32.35 o
Sah Polymers IPO, worth Rs. 66.30 crore consisted entirely of a fresh offer of shares for the full amount. There was no offer for sale (OFS) component in the IPO. That means; fresh funds will come into the company and it would also be EPS d
Radiant Cash Management Systems IPO had a much better than expected listing on 04th January 2023, listing at a healthy premium of 9.6, and closing the day well above the IPO price and the listing price. Remember, this was not a great day for listing
This was an aspect that was awaiting clarification from the government for a long time. Finally, the government has clarified that Public Sector Undertakings (PSUs) and Public Sector Banks (PSBs) would be entirely exempted from minimum public shareho
Year 2021, was a record year for IPOs raising close to Rs. 130,000 crore through the IPO route, including the Yes Bank FPO. In comparison, the IPO story in 2022 was a lot more tepid. Despite the benefit of having the mega LIC IPO in 2022, the overall
As the demands of the Union Budget are still being collated, there are some broad expectations that have started to emerge. One of the contentious areas has been the calculation methodology for buyback tax. Buyback is when the company uses its surplu
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