Open Financial News

Angel One. Mazagaon Dock will see the three-year share lock-in opening on October 9, as per the report. After an IPO is listed, investors are required to keep the shares for a certain period of time.

Northvolt AB raised US$1.2 billion from North American investors including BlackRock Inc. and the Canada Pension Plan Investment Board as the Swedish battery maker is said to be in talks to set up a new factory in Canada.

By Amruta Khandekar and Shristi Achar A

IPO) of Vishnu Prakash R Punglia will open for subscription on August 24. The issue closes on August 28.

Adani Enterprises, by 2.22% through open-market purchases, as per a regulatory filing.Kempas Trade and Investment, a promoter group company, acquired 2.53 crore shares of Adani Enterprises between August 7 and August 18, raising the promoters' overall stake in the company to 69.87%. The purchased stake is worth ₹6,675 crore as of the stock's closing price on Monday.

Sahaj Fashions IPO: Sahaj Fashions' initial public offer (IPO) opens for subscription on Friday, August 25 and closes on Tuesday, August 29. The small-to-medium enterprises (SME) IPO is a fixed price issue and the issue size is ₹13.96 crore. Sahaj Fashions IPO is a fresh issue comprising 4,476,000 shares of the face value of ₹10, aggregating up to ₹13.43 crore.

Hyderabad (Telangana) [India], August 21: City-based multi-brand mobiles retail chain Big-C Mobiles has targeted a turnover of Rs. 1,500 crore in the current financial year. The company achieved Rs.

By Amruta Khandekar and Shristi Achar A

₹94 to ₹99 per share. The IPO subscription, which commences on August 24, will close on Monday, August 29. At the upper end of the price band, the company plans to raise ₹308.88 crore from the public issue.

IPO) of Aeroflex Industries will open for subscription on August 22 and continue till August 24. The allocation to anchor investors will be done on Monday evening. Ahead of the issue opening, Aeroflex Industries is commanding a premium of Rs 60 in the unlisted market.

lending rate by 10 basis points, lower than expected 15 bps reduction. The five-year lending rate was left unchanged.

Novak Djokovic is set to face Carlos Alcaraz in the championship clash of the Western and Southern Open held in Cincinnati. This marks their fourth encounter on the court, with the third one this year alone. Notably, Djokovic is returning to Cincinnati after his last participation in 2020. In their head-to-head record, Alcaraz currently holds a 2-1 advantage over Djokovic. Their most recent showdown was an intense Wimbledon final in July, where Alcaraz triumphed with a 1-6, 7-6(6), 6-1, 3-6, 6-4 victory against the Serbian player. Throughout this season, both Djokovic and Alcaraz have displayed exceptional tennis skills, positioning themselves as the top two players globally. The victor of this final will not only secure the championship title but also claim the coveted World Number 1 ranking.

Some miscreants opened fired at a restaurant filled with the customers in Bihar's Muzaffarpur causing the customers to rush for a safe space to hide.

CreditAccess Grameen's redeemable Non-Convertible Debentures (NCD) tranche II will open for subscription on Thursday, August 24. The coupon rate is up to 9.70% p.a. with effective yield up to 10.13% p.a., the company said in its filing to the exchanges.

₹94 to ₹99 per equity share for the proposed initial public offer. The anchor investors' auction will begin on Wednesday, August 23. Bids can be made for a minimum of 150 equity shares and in multiples of 150 equity shares thereafter.

By Amruta Khandekar and Shristi Achar A

New Delhi: Prime Minister Narendra Modi on Friday urged G20 nations to facilitate equitable availability of technology and also appealed to them to open innovations for public good. Virtually addressing the G20 Health Ministers’ meet in Gandhinagar, Gujarat, PM Modi said, “Let us open our innovations for public good. Let us avoid duplication of funding.

Pyramid Technoplast opens for subscription on Friday, August 18 and will be available for the public to bid till Tuesday, August 22. Most analysts advised investors to subscribe to the issue given the company's diversified customer base along with the comprehensive product portfolio. «At the upper price band, the company is valued at a P/E of 16.21x FY23 earnings with a market cap of Rs 611 crore post issue of equity shares and return on net worth of 29.61%.

Novak Djokovic won the first set of the Cincinnati Open 6-4 against Alejandro Davidovich Fokina, who retired with pain in his back. It was Djokovic's first match in the US after 2019 when he was not allowed to participate in the U.S. Open for not taking the mandatory Corona vaccine before the match.

The Dow Jones Industrial Average rose 63.87 points, or 0.18%, at the open to 34,829.61.

New Delhi: The national capital and the adjoining region (Delhi-NCR) reported a 65% year-on-year increase in retail leasing across investment-grade malls, high streets and stand-alone developments in the first six months of calendar year 2023, real estate consulting firm CBRE South Asia said in a report released Thursday. The city recorded a retail supply of 0.22 million square feet (msf) between January and June, while total leasing during the period stood at 0.70msf compared to 0.42msf a year ago. Fashion and apparel retailers led retail leasing activity in the region with a share of 47%, followed by luxury at 13%, and food and beverage.