News Overview

The IPO comprises a combination of a fresh issue of equity shares worth ₹850 Crore and an offer-for-sale (OFS) of ₹250 Crore worth of shares by promoter SVG Business Trust.

The facility would be built close to the current 2,000-MW thermal power station (TPS) in Singrauli, Uttar Pradesh.

Crizac specializes in offering international student recruitment solutions to prestigious institutions of higher education across various countries, including the United Kingdom, Canada, Republic of Ireland, Australia, and New Zealand.

In December, Warburg Pincus sold a 1.3% interest in the private lender to Cloverdell Investment for ₹790 Crore in an open market deal.

Top 5 banks, in terms of PMJDY deposit market share are SBI (29%), BOB (18%), PNB (14%), BOI (8%) and Canara Bank (7%).

Public shareholders supported the delisting with a 72% majority, while 67% of retail investors opposed it.

Bitcoin saw a 1.14% increase to $69,648.86 in the cryptocurrency market.

Market participants now await the release of the U.S. core personal consumption expenditure (PCE) price index report on Friday to gauge potential shifts in Fed interest rate policy.

The Energy Information Administration data revealed a surge in crude imports and subdued gasoline demand, contributing to the inventory buildup.

Hindustan Copper and ZEEL are the two stocks affected by the F&O ban on March 28, 2024.