Stanley Lifestyles IPO showcases strong demand and oversubscription across investor categories, with analysts recommending subscribing for long-term growth. The company's unique market position, revenue growth, and strategic lead managers signal a promising future in the luxury furniture industry.
Let us see how even budget comes out and then take aggressive position. So, for sure, this is not the time to take aggressive position, not to be in high beta and one has to have reduced leverage and risk management will hold the key if you are a very short-term trader.
National Asset Reconstruction Co (NARCL) has received four expressions of interest for a second round of bidding to take over the debt of Sion Panvel Tollways linking Mumbai and Pune. The initial three bids were rejected for being undervalued. NARCL aims to recover bad debt and has acquired 18 stressed accounts worth Rs 92,510 crore. Bidders have until July 18 to submit new proposals. BoB Capital Markets is advising creditors on the sale.
Savour your monsoon evening with a plate full of crispy aloo pakoras with a cup of hot masala chai.
The European Space Agency released a satellite image of the historic Ram Setu, linking India and Sri Lanka. Spanning 48 km, this limestone shoal bridge holds geological, historical, and mythological significance. Protected as national parks, the shallow waters around the bridge support diverse marine life. The image underscores Ram Setu's cultural heritage and ecological importance, highlighting its unique role in regional history and mythology.
India Accelerator has expanded with 250,000 sq ft across 7 centres in Pune, Gurugram, and Noida, adding 3200 seats in Noida, 900 in Gurugram, and 400 in Pune. With over 200 startups, they foster collaboration and innovation, investing USD 4 million to support entrepreneurs nationwide via infrastructure and early-stage investments.
Kodikunnil Suresh, a prominent figure in Indian politics affiliated with the Indian National Congress, has served as a Member of Parliament (MP) for seven consecutive terms. Born on June 4, 1962, in Kodikunnil, Thiruvananthapuram, Kerala, he emerged from a humble background as the youngest son of Kunjan and Thankamma. Suresh pursued his education at Mar Ivanios College and Government Law College, Thiruvananthapuram, attaining a Bachelor of Laws degree.
Allied Blenders & Distillers IPO saw 10% subscription with promoters planning stake sale. Revenue grew 9% year-on-year to Rs 5,915 crore. ICICI Securities, Nuvama Wealth Management, and ITI Capital are the book running lead managers for the IPO.
Invest in the HDFC NIFTY100 Low Volatility 30 Index Fund to benefit from continuous sale and repurchase options. With a TER of up to 1.00%, this passively managed fund aims to track the NIFTY100 Low Volatility 30 Total Returns Index, providing investors a low-cost opportunity for wealth creation.
Afghanistan celebrated a historic T20 World Cup victory over Bangladesh on June 25, securing their first-ever ICC tournament semi-final spot with an 8-run win via the DLS method. This defeat also ended Australia's semi-final hopes. Memes mocking Australia's unexpected exit flooded social media, while Gulbadin Naib's dramatic performance during the match sparked further online amusement and commentary.
Chinese regulators crack down on social media influencers flaunting wealth, contrasting with US mental health concerns. The campaign targets extravagant displays, reflecting wider fears of subversive views. Public support for authoritarian measures shapes the crackdown, including pressure on Taiwanese influencers. The effort aligns with China's goal of managing its vast online population under President Xi Jinping's watchful eye.
The Supreme Court upheld a Punjab and Haryana High Court ruling preventing the Haryana government from granting 5% marks to state domiciles in certain recruitment posts based on socio-economic criteria. Justices A S Oka and Rajesh Bindal rejected Haryana SSC's appeal against the High Court's decision to cancel additional marks for Haryana residents in the 2023 Common Entrance Test, ordering fresh exams for Group C and D positions.
Authorities in Russia's Dagestan region have identified key figures among the assailants in Sunday's deadly attacks on places of worship, which killed at least 20 people. The attackers, including a former MMA fighter and relatives of a regional official, targeted sites in Derbent and Makhachkala. The violence resulted in the deaths of 15 police officers, four civilians, and an Orthodox priest. Regional head Sergei Melikov announced the dismissal and expulsion of the district head linked to the attackers. Читать дальше...
Mumbai's first underground metro line, launching in July, will span 33.5 km and include 27 stations, primarily underground. The Delhi Metro Rail Corporation (DMRC) will manage operations. The metro will operate from 6:30 am to 11:00 pm, with trains every few minutes, reaching speeds of 90 km per hour. This project, covering a total of 56 km, aims to significantly reduce the city's traffic congestion. The second phase is anticipated to complete within eight months.
The life insurance behemoth has urged all policyholders to proceed with extreme caution before making any decisions about their policy that might compromise their family's risk coverage and financial stability.
Experts advise staying invested in Quant Mutual Fund despite short-term NAV fluctuations and regulatory investigations. Monitoring the situation closely and being prepared for potential impacts is recommended for long-term investment goals.
In a bid to wean itself off Chinese imports, India has levied taxes on some solar components and introduced a so-called approved list of models and manufacturers, a non-tariff trade barrier that’s essentially meant to keep foreign shipments out.
Satyendar Jain's bail plea at Delhi High Court awaits ED's status report. The court seeks his prison nominal roll, with the next hearing on July 9.
A total of 11,394 shares changed hands on the counter till 12:32PM (IST).
Bayer and Solynta have agreed to collaborate on distributing true potato seeds in Indian and Kenyan markets, marking Bayer's entry into the global potato market. This partnership aims to provide smallholder farmers with high-quality starting material, enabling them to grow disease-resistant potato varieties from true seeds, ultimately improving food security in these regions.
The IVCA VC Council, led by industry experts, aims to elevate the Indian start-up ecosystem by fostering innovation, supporting micro-VCs.
Sonakshi Sinha chose to wear her mother's wedding saree, ivory in colour and with self-embroidery.
The Relative Strength Index of the stock stood at 47.34 on Tuesday.