News Overview

The IPO is an offer for sale, with no fresh capital being raised for ECOS Mobility; proceeds will go to selling shareholders.

The partnership is seen as a significant step toward transforming intercity transportation, combining technology, luxury, safety, and convenience.

TCS will assist the retailer in improving its IT operational environment, making it more resilient, reliable, and efficient.

Interested investors can bid for at least 44 equity shares, followed by multiples of 44 equity shares.

Premier Energies' IPO has been substantially oversubscribed, and today is the final day of bidding.

The statement comes ahead of the 47th Annual General Meeting, which is set to be conducted on August 29.

Shri C S Setty, Chairman of SBI, emphasised the increased participation and diversity of bids, demonstrating investors' trust in the bank.

Sonata Software will help the client optimise IT budgets and cost efficiencies through systemic improvements and engineering levers.

Bajaj Finserv, Bajaj Auto, Bharti Airtel, and SBI Life Insurance have also achieved their 52-week highs in the Nifty, reflecting strong market performance and investor interest.

Financial Services Secretary M Nagaraju, who was also present at the ceremony, expressed his happiness with the bank's initiative.