The much-anticipated Initial Public Offering (IPO) of ACME Solar Holdings, a major player in India’s renewable energy sector, recently closed with notable investor interest. Having opened on November 6, 2024, and concluding on November 8, 2024, the IPO’s allotment basis…
The Indian government is considering an increase in the wage ceiling limit under the Employees’ Provident Fund (EPF) scheme, from Rs. 15,000 to Rs. 21,000 per month. If implemented, this would mark the third increase in the wage ceiling since…
With a price band of Rs. 259 to Rs. 273 per share, the Zinka Logistics Solutions Limited IPO is set to open for subscription on November 13, 2024. The Zinka Logistics Solution Limited IPO, also known as BlackBuck IPO, will…
Niva Bupa Health Insurance IPO opened for subscription on November 7 2024 and closed on November 11, 2024. Despite the IPO being subscribed 2.6 times their allotted portion by the end of the final day on Monday, the latest GMP…
India’s energy sector is set to make another big leap towards sustainability with NTPC Green Energy Limited (NGEL) poised to go public. As a wholly-owned subsidiary of NTPC Limited, a ‘Maharatna’ PSU, NTPC Green Energy specializes in solar and wind…
Breaking News: The MPC (Monetary Policy Committee), which was newly reconstituted by RBI, met from October 7 – 9. On Wednesday they announced that the repo rate, which was 6.5%, will remain unchanged for the tenth consecutive monetary policy review. …
Bajaj Housing Finance IPO Listing Date: The Bajaj Housing Finance IPO will be going live in exchanges on September 16th, 2024. This much-anticipated IPO opened for public subscription on September 9th and closed on September 11th. It is also expected…
On Monday, the Union Finance Minister Nirmala Sitharaman briefed the reporters about the outcome of the 54th GST Council meeting. She said that the council has decided to have a GoM (Group of Ministers) to check the GST rates on…
Quite recently, a few banks have revised their fixed deposit interest rates under the Rs. 3 crore benchmark. These revised rates are effective September 1, 2024. The rates have been revised, most likely to increase the bank’s cash flow. The…
In a groundbreaking move, the National Payments Corporation of India (NPCI) has unveiled a new UPI (Unified Payments Interface) feature ‘UPI Interoperable Cash Deposit’ that enables users to deposit cash at ATMs without a debit card. The UPI Interoperable Cash…