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Gland Pharma IPO Today. Here's All You Need To Know
Edited by Peter Noronha | Monday November 09, 2020The IPO consists of a fresh issue of shares worth around Rs 1,250 crore and an offer for sale of more than 3.4 crore shares by Fosun Pharma, Gland Celsus Bio Chemicals, Empower Discretionary Trust and Nilay Discretionary Trust. -
Market Latest Updates: Sensex, Nifty Gain Over 1% To Record Highs Tracking Global Markets
Edited by Sandeep Singh (with inputs from agencies) | Monday November 09, 2020Share Market Latest Updates: Democrat Joe Biden was declared the winner in the US election. -
US Markets Set To Welcome Joe Biden's Election As President
Agence France-Presse | Monday November 09, 2020At around 0015 GMT, futures contracts for December on the Dow Jones appreciated by 0.99 per cent, on the Nasdaq by 1.28 per cent and on the S&P 500 by 1.02 per cent. -
Petrol, Diesel Prices Remain Unchanged On Monday
Edited by Peter Noronha | Monday November 09, 2020Fuel Price in India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to notifications from state-run Indian Oil Corporation. -
Sensex, Nifty Likely To Open Strong
Edited by Peter Noronha (with inputs from agencies) | Monday November 09, 2020Asian markets are headed for a positive start, going by early futures trading, and SGX Nifty futures have also opened deep in the green after Joe Biden won the race to the US White House. -
Centre Plans To Sell Up To 15% Stake In Indian Railway PSU IRCON
Edited by Nikita Prasad (with inputs from agencies) | Sunday November 08, 2020At the current market price, the government could raise about Rs 450 crore by selling 15 per cent stake in IRCON -
Atal Beemit Vyakti Kalyan Yojana Extended; Relief Enhanced To 50% Of Average Daily Earning
Edited by Nikita Prasad (with inputs from agencies) | Sunday November 08, 2020Atal Beemit Vyakti Kalyan Yojana: The ESIC has extended the scheme from July 1, 2020 to June 30, 2021 and the rate of relief is enhanced from present 25 per cent of the average daily earning to 50 per cent of average daily earning. -
4 Years After Demonetisation, Cash Still Used For These Payments
Edited by Nikita Prasad | Sunday November 08, 20204 Years After Demonization: According to RBI, digital payments made through RTGS, credit transfers such as NEFT, UPI, AePS, IMPS, etc, card payments etc grew 135.4 per cent from 1,459.02 crore in 2017-18 to 3,434.55 crore in 2019-20. -
Investors Heave Sigh Of Relief After Joe Biden Wins US Presidential Elections
Reuters | Sunday November 08, 2020Major U.S stock indexes registered their biggest weekly gains since April this week, as investors bet Biden would win and Republicans would hold onto the Senate -
Petrol, Diesel Prices Remain Unchanged On Sunday
Edited by Nikita Prasad | Sunday November 08, 2020In Delhi, the price of petrol remained at Rs 81.06 per litre and that of diesel at Rs 70.46 per litre, according to notifications from state-run Indian Oil Corporation. -
Adani Group Takes Over Ahmedabad Airport Operations
Press Trust of India | Sunday November 08, 2020Airports Authority of India has completed handing over procedure of SVPI Airport to Adani Ahmedabad International Airport Ltd -
US President-Elect Joe Biden's Trade Policy Will Aim At China; Unite Allies
Reuters | Sunday November 08, 2020His top economic priority will be to revive an economy slammed by the coronavirus pandemic, so trade agreements will likely take a back seat to stimulus efforts and infrastructure development. -
Market Regulator Sebi Introduces Flexi-Cap Category For Mutual Fund Investors
Edited by Peter Noronha | Saturday November 07, 2020A Flexi-cap fund will have to invest minimum 65 per cent of total assets in equity and equity-related instruments, but, unlike multi cap funds, there would be no restriction in allocating funds across large-cap, mid-cap and small-cap stocks. -
Gland Pharma Garners Rs 1,944 Crore From Anchor Investors Prior To IPO
Edited by Peter Noronha | Saturday November 07, 2020The anchor investors include Government of Singapore, Nomura, Goldman Sachs, Morgan Stanley, SBI Mutual Fund, Axis Mutual Fund and SBI Life Insurance and Fidelity. -
Indian Economy Expected To Bounce Back From Next Financial Year: SBI Chairman
Press Trust of India | Saturday November 07, 2020, KolkataThe economy had shown "resilience to come out from the downturn" and there was some positive traction towards the end of first quarter of this fiscal, Mr Khara said.
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