News Overview

The wee was marked by a sharp spike in US bond yields and higher crude oil prices.

This is a closed ended fund with a 90-day maturity to park funds with higher return potential.

Last week, start-ups raised $226 Million led by Perfios, Lohum, Nanonets, CureSkin, Blacksoil, DriveU, PocketFM.

In the Krystal integrated Services IPO, not less than 15% of equity shares have been set aside for NII, not more than 50% for QIB, and not less than 35% for retail investors.

Employees involved in manufacturing lack sufficient training, and the plant lacks procedures to validate manufacturing process performance.

Company reports a substantial surge in consolidated net profit to ₹3,193.34 Crore in the December quarter, compared to ₹397.59 Crore in the same period last year.

DB Realty's board also approves raising ₹920 Crore through Qualified Institutional Placement (QIP), issuing 356.66 lakh equity shares upon successful completion

The top losers on the Nifty included BPCL, M&M, Tata Motors, Coal India, and L&T, while the gainers were Bharti Airtel, UPL, Bajaj Finance, HDFC Life, and Adani Enterprises.

For the month of February 2024, BPCL ranked at the top on returns and also on risk.

Businesses who fulfil these conditions will be able to import 8,000 electric vehicles annually at a 15% import duty on vehicles priced at $35,000 and more.