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IPO was subscribed 23.86 times on Wednesday, its final day of bidding. The company could raise ₹490 crore at the upper end of the issue price band of ₹792.

Trent scaled a lifetime high on Wednesday and remains a favourite with investors as growth across categories with a differentiated product line helped the company beat an overall slowdown in the sector. The owner of the 'Westside' and 'Zudio' stores reported sharply superior earnings than estimates for the September quarter, resulting in analysts raising target price for its shares by 24-42%, while retaining their positive view on the company. The shares have risen 12% after gaining for five consecutive sessions to touch a lifetime high of ₹2,503.3. On Wednesday, the shares closed at ₹2,452.8 on the NSE, up 1.2% from the previous close.

₹1,375 crore, including ₹475 crore to settle dues and ₹900 crore for capital expenditure and working capital. The plan also envisaged JKC first infusing ₹350 crore (it was decided that ₹350 crore of the ₹475 crore would be a mandatory infusion for the transfer process to start) into the airline, which got delayed due to several reasons, including litigation. In August, the company law appeals court asked JKC to pay the amount by 30 September and permitted an adjustment of ₹150 crore from an existing performance bank guarantee.

₹254 crore. Painful memories of the overenthusiastic participation of mutual funds (MFs) in the IPOs of new-age internet-based companies, such as Paytm (One97 Communications), Zomato, CarTrade and PB Fintech, continue to haunt retail investors. There were concerns about the high valuations of these companies and the stocks plunged on their listing day.

Titagarh Rail Systems Ltd on Wednesday said it plans to raise up to Rs 700 crore through a Qualified Institutions Placement (QIP) and seeks a strategic partner for the shipbuilding, bridges, and defence business. In a regulatory filing, the company said proceeds from the QIP will be used to strengthen the company's position in its core businesses and to fund future growth initiatives.

Traders also remained on alert for potential intervention in the Japanese yen as it holds above the 150 level against the dollar. Many economists and analysts expect the U.S. economy to slow in the fourth quarter, which makes further rate hikes less likely and will dent the appeal of the greenback, which has benefited from the relative strength of the United States compared to other major economies. “The dollar is vulnerable to weaker data going forward," said Shaun Osborne, chief foreign exchange strategist at Scotiabank in Toronto.

Bata India Ltd has reported net profit of Rs 33.99 crore during Q2 FY24, a 38% decline from the same quarter last year when the company had reported a net profit of Rs 54.82 crore. The net profit was also significantly down from the April-June quarter when the company had reported Rs 106.89 crore profit. Revenue from operations was also down to Rs 819.11 crore during July-September from Rs 829.76 crore in the same quarter last year.

The NSE Nifty 50 index closed 0.19% higher at 19,443, while the S&P BSE Sensex rose 0.05% to 64,975. Here's how analysts read the market pulse: «On the daily charts, we can observe that the Nifty has been consolidating around the resistance zone of 19450 – 19500 where both bulls and bears are trying to defend their respective boundaries. On the way down, Nifty is trading above the key hourly moving averages 19340 – 19320 which shall act as an immediate support zone in case of a dip.

Israeli ambassador Naor Gilon urges Indians to light a ‘Diya of Hope’ for hostages held by Hamas Several terms have come to the fore since fighting began last month – with calls for a truce, a humanitarian truce, de-escalation, a humanitarian ceasefire and a cessation of hostilities. There is no clear definition for each of these concepts with all referring to a break in fighting – of varying lengths. A pause is simply considered less formal and shorter than a ceasefire.

Indian stock indices edged higher on Wednesday after a choppy session amid weak cues from Asian and European markets. Foreign institutional investors (FIIs) on Wednesday sold stocks of Indian companies worth ₹7,551.57 crore and bought stocks for ₹7,467.02 crore, resulting in an outflow of ₹84.55 crore, according to NSE data. Domestic institutional investors (DIIs) bought equities worth ₹7,548.90 crore and offloaded shares worth ₹7,024.43 crore, resulting in an inflow of ₹524.47 crore, the exchange data showed.

Rashmika Mandanna went viral on social media and netizens reacted with a mixture of shock, surprise and horror when they realized that it wasn't the popular actress but a British Indian influencer named Zara Patel. Also Read| 'Extremely scary': Rashmika Mandanna flags 'identity theft' issue as deepfake video goes viral The actress quickly went on social media to share her despair and shock over the viral video. In her comments on X, Mandanna wrote, "I feel really hurt to share this and have to talk about the deepfake video of me being spread online." "Something like this is honestly, extremely scary not only for me, but also for each one of us who today is vulnerable to so much harm because of how technology is being misused." the actress added.

Lisa Cook said on Wednesday. «We've experienced these geopolitical tensions that you're talking about, and certainly any shock could make the situation worse that we're already (in)… and could be destabilizing to commodity markets, could be destabilizing to the system of credit,» Cook said during a panel discussion at a conference hosted by the Central Bank of Ireland in Dublin. «We are watching and waiting. We're being vigilant and that's what we do.

United Spirits Ltd on Wednesday reported a consolidated net profit of Rs 339.3 crore in the second quarter ended September 2023. The company had posted a net profit of Rs 547.7 crore in the July-September quarter a year ago, United Spirits Ltd (USL) said in a regulatory filing. Its revenue from operations was Rs 6,736.5 crore during the quarter under review.

luxury auto dealer Landmark Cars reported a 20.55% rise in quarterly profit, helped by lower expenses even as demand slowed. Consolidated net profit rose to 201.6 million rupees ($2.42 million) for the quarter ended Sept.

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Lung cancer death rates in Canada are declining faster than any other type of cancer, which can be attributed to the significant impact of tobacco control and early detection efforts, according to a new report.The report, Canadian Cancer Statistics 2023, was released Wednesday by the Canadian Cancer Society (CCS) in collaboration with Statistics Canada and found the biggest reason behind the fall in lung cancer deaths is due to a reduction of tobacco use, which is the leading risk factor for the disease.Research advancements have also played a crucial role in improving lung cancer survival through early detection and more precise and effective treatments with fewer harmful side effects, the report found.“This finding really highlights the progress that has been made in reducing lung cancer incidence through commercial tobacco control and prevention efforts,” Jennifer Gillis, senior manager of surveillance for the CCS, told Global News.“It really highlights the progress that has been made to advance early detection and treatments, to improve outcomes and quality of life for people affected by lung cancer.”In 2023, it is estimated that 239,100 Canadians will be diagnosed with cancer and 86,700 will die from the disease, according to CCS. Lung, breast, prostate and colorectal cancer make up for almost half of all new cancer diagnoses.Lung cancer is the leading cause of cancer death, responsible for about one in four cancer fatalities among Canadians.

Mihir Vora, Chief Investment Officer, TRUST Mutual Fund. In an interview with Mint, Vora shared his views on markets and the sectors he is positive about. Edited excerpts: We’ve had a dream run in the markets over the past eight years.

On the same day whistleblower Frances Haugen was testifying before Congress about the harms of Facebook and Instagram to children in the fall of 2021, Arturo Béjar, then a contractor at the social media giant, sent an email to Meta CEO Mark Zuckerberg ...

Shares of Alkem Laboratories Ltd.(up 5.09 per cent), Ipca Laboratories Ltd.(up 4.71 per cent), Zydus Lifesciences Ltd.(up 4.67 per cent), Aurobindo Pharma Ltd.(up 3.76 per cent) and Glenmark Pharmaceuticals Ltd.(up 3.53 per cent) ended the day as top gainers in the pack. On the other hand, Gland Pharma Ltd.(down 1.69 per cent) and Natco Pharma Ltd.(down 0.12 per cent) finished as the top losers of the day.

Gujarat Mineral Dvpt Corporation(up 12.83%), MOIL(up 8.85%), Ashapura Minechem(up 4.30%), Orissa Minerals Development Company(up 1.11%) and Coal India(up 1.00%) stood among the top gainers. KIOCL(down 3.85%), Aro Granite Industries(down 2.96%), Pokarna(down 1.79%), Sandur Manganese & Iron Ores(down 1.69%), Madhav Marbles and Granites(down 1.66%), Lexus Granito(down 1.60%), Oriental Trimex(down 0.70%) and NMDC Ltd(down 0.40%) were among the top losers of the day.