Band Financial News

The IPO, which opens Wednesday and closes Friday, has been priced in the band of ₹371-390 per share. The grey market premium — the price in the unofficial market that investors pay for the shares before listing — was at ₹20 for Swiggy on Tuesday, a 5% premium to the upper price band of ₹390.

Swiggy stood at 5% or Rs 19 in the unlisted market three days ahead of its initial public offering (IPO), which will hit the Street on November 6 and will be available till November 8. However, a month ago, Swiggy shares were trading at Rs 515 in the unlisted market.

Buenos Aires pretty recently. According to Life and Style, partial autopsy indicated that Liam Payne had multiple kinds of drugs in his system which included cocaine, crack, benzodiazepine and even ‘pink cocaine’ which is a deadly combination of methamphetamine, ketamine and MDMA. Life and Style reported that sources really close to Liam Payne have already revealed that he was living a ‘devastating double life’ in spite of appearing really happy on the outside. Recent reports have also revealed that the former members of the One Direction band are remembering Liam Payne very fondly. Also Read: The Handmaid’s Tale spinoff: Is ‘The Testaments’ finally happening? Here’s what we know

TORONTO — The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices weigh. Here’s what you need to know.

Typically, the RBI, from time to time, intervenes in the market through liquidity management, including through the selling of dollars, with a view to preventing a steep depreciation in the rupee. The RBI closely monitors the foreign exchange markets and intervenes only to maintain orderly market conditions by containing excessive volatility in the exchange rate, without reference to any pre-determined target level or band.

Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), shared a video on Thursday featuring the White House military band playing the prayer "Om Jai Jagdeesh Hare" as part of Diwali celebrations. In the video posted by Gopinath on X, the White House was beautifully adorned with marigold flowers, and many guests were seen wearing traditional Indian attire. «Wonderful to hear the White House military band play Om Jai Jagdeesh Hare for Diwali. Happy Diwali,» she wrote in her post.

Excitement is in the air as the American pop-rock sensation Maroon 5 gears up for their inaugural concert in India! The band will take the stage at the iconic Mahalaxmi Race Course in Mumbai on December 3, 2024. This highly anticipated event marks a significant moment for fans who have long awaited seeing the group live.

Acme Solar Holdings announced on Thursday a price band of Rs 275-389 for its initial public offering (IPO), which will be open for public subscription from Tuesday, November 5, to Friday, November 8. The bids can be made for a minimum quantity of 51 shares and in multiples of 51 thereof.

This will set the «effective rate of tax» at 20%, setting out what Reeves called her «balanced approach» on the matter, in her first Budget since Labour won the general election in July. Reeves' decision was part of a package reforming the IHT system, as she highlighted that «only 6% of estates» will pay inheritance tax this year. She continued her predecessors' decision to freeze IHT bands for a further two years, until 2030, meaning that the tax-free sum will remain at £325,000 on any estate; rising to £500,000 if the estate includes a residence passed to direct descendants and to £...

The IPO will consist entirely of an offer-for-sale of 70.22 crore shares by the promoter, Sagility B.V., with no fresh issue component. All proceeds, excluding expenses, will go to the selling shareholder, and Sagility India will not receive funds from the issue.

Sean “Diddy” Combs is accused in one of two lawsuits filed Monday of drugging and sexually assaulting a 10-year-old boy in a New York City hotel room in 2005.The second lawsuit accuses the jailed hip-hop mogul of similarly assaulting a 17-year-old would-be contestant on the reality television series Making the Band in 2008.The lawsuits filed in state Supreme Court in New York are the latest in a wave of lawsuits in which accusers allege they were sexually assaulted by Combs at parties and meetings over the last two decades.Combs’ lawyers denied the two new claims Monday and accused the plaintiffs’ lawyer, Anthony Buzbee, who also represents accusers in earlier lawsuits, of seeking publicity.“Mr. Combs and his legal team have full confidence in the facts and the integrity of the judicial process,” an emailed statement said.

Swiggy announced the price band for its upcoming Rs 11,327.43 crore IPO as Rs 371-390 apiece. The issue comprises a fresh issue of shares amounting to Rs 4,499 crore with an offer for sale (OFS) for 17,50,87,963 equity shares. At the upper end of the price band, the OFS component stands worth Rs 6,828.43 crore.

Subscribe to enjoy similar stories. Bengaluru: Swiggy Ltd’s early backers, including Accel, Apoletto, Elevation Capital and Norwest Venture Partners, are set to reap multifold gains on their investments as the food delivery and quick-commerce platform goes public in early November, according to a Mint analysis. The price band for Swiggy has been fixed in the range of ₹371-390 per equity share with a face value of ₹1, according to a Bloomberg report.

Sensex and Nifty50 ended higher for the second straight day on Tuesday, as gains in banking and financial stocks helped the indices reverse course in the final hour of trading after having spent the day under pressure due to some tepid earnings reports and persistent foreign selling. The NSE Nifty 50 rose 0.52% to 24,467, while BSE Sensex gained 0.45% to 80,369. Both the indices had dropped about 0.7% each earlier before the U-turn sparked a second straight day of gains.

Supreme Court has stayed an order of the Allahabad High Court which imposed costs of Rs 1 lakh on an advocate for wasting the court's «precious time» and arguing a case wearing a lawyer's robe and a band despite being a petitioner in-person. A bench of Justices Surya Kant and Ujjal Bhuyan issued limited notice on whether adverse remarks made by the high court against advocate Mehmood Pracha need to be expunged. «Issue notice for the limited purpose as to why the observations made by the high court against the petitioner be not expunged and why the order imposing cost be not set aside, returnable on December 9, 2024. »Meanwhile, the impugned order dated September 10, 2024, to the extent of imposition of cost shall remain stayed," the bench directed.

telecom services in 600 megahertz spectrum band, a senior official of chip company Qualcomm Technologies said. The smartphone ecosystem will become more premium by the time India decides to make these radio waves available for use, said Durga Malladi, Senior Vice President & General Manager, Technology Planning & Edge Solutions, Qualcomm Technologies. «It's pretty good, actually. Our transceivers already go all the way down to 600 megahertz. So for us, we don't have a problem there, and we are like open to business in any part of the world,» Malladi said during a discussion on the support available in Qualcomm chipsets for 600 Mhz band. Qualcomm chipsets are majorly used in premium smartphones.

As of 11 am, the maximum number of bids were attracted by the retail investors with a subscription of 1.17 times, followed by the non-institutional investors (NIIs) with a subscription of 32%.

The initial public offering (IPO) of Afcons Infrastructure will open for subscription on October 25. The issue closes on October 29. Through the public offer, the company plans to raise nearly Rs 5430 crore. Here are 10 things to know about the Afcons Infrastructure IPO before subscribing to the issue.

Godavari Biorefineries will open for subscription on Wednesday. The issue will be available for bidding till October 25. The IPO includes a fresh issue worth Rs 325 crore and an offer-for-sale (OFS) of up to 6.53 million shares by existing shareholders and promoters. Private equity firm Mandala Capital AG will exit the company, selling its entire stake of 49,26,983 shares in the OFS.

Godavari Biorefineries Ltd on Tuesday said it has raised over Rs 166 crore from anchor investors, a day before its initial share-sale opening for public subscription. Marquee investors who participated in the anchor book included HDFC Mutual Fund, Whiteoak Capital Fund, Goldman Sachs (Singapore) Pte Ltd, Societe General and SBI General Insurance, according to a circular uploaded on BSE website. As per the circular, Godavari Biorefineries allocated 47.28 lakh equity shares to 19 funds at Rs 352 apiece, which is also the upper price band of the IPO. This translates into a transaction size of Rs 166.42 crore.