News Overview

Rameswar Teli, the Minister of State for Petroleum and Natural Gas, said that numerous measures have been done in this regard.

The auction of 5G spectrum will commence on Tuesday, 26 July 2022. The spectrum will be assigned to the successful bidders for providing 5G services to public and enterprises. The Indian government is expected to earn around Rs 1-1.1 lakh crore from the auction. The auction will conclude by July end, and the rollout is expected by September this year. This auction will see 72 […]

HDFC Bank has allotted 25,86,600 equity shares to the employees of the Bank pursuant to exercise of options under its Employees Stock Options Scheme (ESOS). The Paid up Share Capital of the Bank will accordingly increase from Rs. 555,53,00,946 equity shares of Re.1 each to Rs. 555,78,87,546 equity shares of Re.1 each. Powered by Capital Market – Live News

The domestic equity barometers edged lower in early trade amid significant selling in index pivotals. The Nifty traded tad above the 16,650 mark. Pharma, FMCG, autos and private bank stocks led the losses while metals and media shares managed to trade in the green. Stocks in Spotlight: Tata Steel rose 0.86%. The company reported consolidated net profit of Rs 7,714 crore in Q1 FY23 from […]

At meeting held on 25 July 2022

The Indian rupee is seeing sustained recovery in early trades on Tuesday, tracking weakness in the US dollar overseas. Prolonged dollar weakness amid downbeat treasury yields on increasing fears of a recession is seen benefitting rupee. US 10-year Treasury yields are down 3.5 basis points near 2.78% while the dollar index, that measures the greenback against a basket of currencies is lower by 0.17% at […]

Silver rates decreased by Rs 200 per kilogram but gold prices stayed the same at Rs 51,160/10 gm.

IEX culminates the first quarter of FY23 with 23.35 BU volume across all market segments despite tough market conditions; achieved 10% yoy growth.

PGA Labs, a market research company, predicts that daily shipments for e-commerce will increase by 20% yearly during the current fiscal year.

LKP Securities has allotted 59,88,023 convertible warrants at an issue price of Rs 16.70 per warrant aggregating upto Rs 10 crore. The company has received initial warrant subscription price amount of Rs. 2.5 crore equivalent to 25% of the warrant issue price. Powered by Capital Market – Live News