News Overview

Akme Fintrade's IPO allotment is expected to be finalised on June 24, with an IPO listing date of June 26.

After a volatile session, benchmark indices Sensex and Nifty close higher on June 20th. Sensex gains 0.18% to near 77,500, Nifty rises 0.22%.

Inflation in the US may be struggling the last mile, but it is absolutely justified to be optimistic about it

The decision was made to split each existing equity share with a face value of ₹10 into five equity shares of ₹2 each.

Suzlon shares have increased for the third month in a row. The stock is up 6.5% in June, after rising 15% in May and 3% in April.

According to news reports, the bank's bond issuance will likely feature a base size of ₹250 Crore and a greenshoe option of ₹750 Crore.

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In the last two months, Vedanta's board has already approved financing up to $300 million through debentures and a further up to $1 billion.

Each lot in the public issue consists of 73 company shares. Bidding for the IPO will continue until June 21, 2024.

The allotment of shares is expected to be finalized on June 24, with the listing date set for June 26. Akme Fintrade India shares will be listed on both the BSE and NSE.