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₹44.93 crore SME IPO is open for subscription between June 19 and June 21 with a price band in the range of ₹71-75.The issue is a combination of a fresh issue of 14.98 lakh shares aggregating to ₹11.23 crore and an offer for sale of 44.93 lakh shares aggregating to ₹33.70 crore.The company plans to utilise the net issue proceeds to meet working capital requirements and for general corporate purposes.Sachin Sharma, Sangeeta Pareekh, Dinesh Pareekh, Sarthak Agarwal, and BLP Equity Research Private Limited are the promoters of GEM Enviro Management Ltd. The promoter shareholding in the company will come down to 73.44 percent after the IPO from 100 percent currently.The minimum lot size for an application is 1,600 Shares.

Vedanta, citing multiple positives such as operational efficiencies, cost reduction, improved EBITDA estimates and visibility on demerger along with capex plans driving the next phase of growth. The average of revised price targets given by the six brokerages and research firms such as Nuvama, Phillip Capital, IIFL, CLSA, Motilal Oswal Financial Services and Investec, is Rs 536, indicating a 19% upside over Vedanta's closing price of Rs 450.

One of the first things the newly elected government announced was its intention to have its ministries and departments put in place a 100-day agenda of action. In this context, it is worth noting that the BJP, in its election manifesto, had promised that “we will further strengthen the capacity of statistical institutions to give impetus to data-driven policy making." Here, I outline some measures that can be taken over the next 100 days by the government’s statistical agencies towards that goal. Let’s begin with suggestions for the short-term.

Sam Zell was a prominent American billionaire businessman and philanthropist known for his focus on real estate investment. He founded or controlled several notable companies, including Equity Residential, Equity International, EQ Office, Covanta, Tribune Media, and Anixter. At the time of his passing, Zell’s personal fortune was estimated at approximately $5.2 billion. Zell's investing principles include:

Ashish Kacholia portfolio: Balu Forge share price has been on an uptrend after bottoming out at around ₹280 apiece. This Ashish Kacholia portfolio stock has continuously risen after ushering in June 2024. Balu Forge share price today opened upside at ₹312.70 apiece on NSE and touched an intraday high of ₹328.20 per share.

₹1,018 crore in March, while smallcap schemes registered an outflow of ₹94 crore, compared with inflows in January, February, April and May, according to Abhilash Pagaria, head of Nuvama Alternative & Quantitative Research. But inflows into midcap schemes in May exceeded the level in January, which was previously the highest until then, Pagaria said. “This clearly reflects the underlying confidence among investors and (small and midcap) and flexicap will remain the favourite categories." Also read | A blip, not a trend: Smallcaps remain the flavour despite recent shift The Nifty Smallcap 250 index has surged by 20% so far in 2024, while the Midcap 100 has gained 19%.

₹1,267.05 apiece on the BSE, the stock touched an intraday high of ₹1,317, and an intraday low of ₹1264.80.“Recently, the Sansera Eng share price had given a breakout from a consolidation phase, and the follow-up move post that has been strong with high volumes. Thus, the overall trend remains positive, and one should keep a buy-on-dip approach.

Starlink satellites launched by Elon Musk's SpaceX could significantly deplete Earth's ozone layer. With 6,000 of the 8,100 objects currently in low Earth orbit belonging to Starlink, the environmental impact of these satellites is raising concerns among scientists. Joseph Wang, a researcher in astronautics at the University of Southern California and the corresponding author of the study, said, «Only in recent years have people started to think this might become a problem. We were one of the first teams to look at what the implication of these facts might be.» SpaceX has already received permission to launch an additional 12,000 satellites, with plans for up to 42,000. Other companies, including Amazon, are also planning to launch large constellations of satellites ranging from 3,000 to 13,000.

Stock market today: Following strong global cues, the Indian stock market ended higher for the fourth straight session on Tuesday. The Nifty 50 index went up 92 points and closed at 23,557, while the BSE Sensex shot up 308 points and finished at 77,301.

Sensex gained 308.37 points to close at 77,301.14, while the Nifty 50 settled 92.30 points, or 0.39%, higher at 23,557.90.Nifty 50 formed a small negative candle at the highs on the daily chart with minor lower shadow.Also Read: Indian stock market: 8 key things that changed for market overnight - Gift Nifty, Nvidia share rally to US retail sales“Technically, this pattern indicates formation of a doji pattern at the new highs (not a classical one). Normally, such doji formations after a reasonable upmove or at the new swing highs signal caution for longs at the highs.

government is likely to review the progress of the Rs 10,372-crore India AI Mission this week to thrash out the various details of the ambitious programme, a senior government official told ET. The meeting will focus on aspects such as the quantum of the viability gap funding necessary to set up enough compute infrastructure in the country, how AI (artificial intelligence) skill gap can be covered, and the implementation of the IndiaAI Datasets Platform planned to be set up under the scheme, the official said.

Consumer protection agency Consumers’ Research targeted Tether in a June 18 ad campaign that dubs the yet-to-be-audited blockchain platform “the next FTX.”

In recent years, almost all central banks have begun exploring CBDCs - 94% of 86 surveyed by BIS in late 2023. Now, there is a shift away from theoretical research on potential implications towards real-life experiments to test the feasibility and desirability of specific design features.

healthy lifestyle is well understood by many people. Recent research also reveals the importance of ensuring muscle development. A survey has found that Americans who are over 45 years feel that they are 12 years older than their actual age on an average. The poll which was conducted has 2000 Americans aged 28 or more as respondents and it included an equal representation from all age groups. It found that 55% of the people who felt older than their actual age blame joint pain and 45% held back their lives because of it.

In comparison to their more senior counterparts, young high-net-worth investors are more likely to show a preference for assets other than traditional public investments, according to a new study by Bank of America.

₹21,178.94 crore on 4 June when the Nifty tanked 8.5% to 21884.50 points from the previous session after the BJP failed to secure a majority on its own – winning 240 seats against an anticipated 330 – in the Lok Sabha polls. The purchase on that single day accounts for almost 46% of the total purchase of ₹46,383.8 crore in the fiscal year through 14 June, as per NSE data.

Oil markets could be in for a stormy year, according to a new report from strategists at Bank of America.

BEIJING — Games and movies on Google Play Store apps can now be viewed in three dimensions via a new Android mobile device from augmented reality glasses maker Xreal, the Alibaba-backed startup said Tuesday.

According to retail researcher Kantar, supermarket prices were 2.1% higher than a year ago in the month leading up to 9 June, 0.3 percentage point lower than the 2.4% recorded in May.  Kantar also noted that prices were falling in almost a third of the groceries it tracks, such as toilet tissues, milk and butter. Fraser McKevitt, head of retail and consumer insight at Kantar, said: «The sixth wettest spring on record has not just dampened our spirits leading into summer, it is made a mark on the grocery sector too as it seems Britons are being put off from popping to the shops.» C...

Also Read: Stocks to buy: 8 stocks that may rise 4-16% in the next 3-4 weeks, say analystsHere are the two technical stock picks:After peaking near ₹137 on May 22, 2024, Ratnaveer Precision Engineering shares experienced a significant downturn, declining approximately 30 points, or about 22%. However, in the following two trading sessions, Ratnaveer Precision shares showed some cool off.From a technical standpoint, the daily stochastics indicated a bullish divergence along with 1:1 leg, suggesting a potential shift in momentum and presenting an attractive buying opportunity, said brokerage firm Anand Rathi.Also Read: Stocks in focus: Ruchit Jain of 5paisa recommends buying these two stocksConsequently, it advises traders to consider buying Ratnaveer Precision shares within the ₹121-125 range, targeting an upside of ₹141, with a stop-loss set at ₹114 based on the daily closing price, and a timeframe of one month.Ratnaveer Precision stock is Anand Rathi’s pick for the month and the target price implies an upside potential of 14% from Friday’s closing price.KRBL shares have witnessed decent erosion from the peak of ₹480 to show signs of bottoming out around ₹270 levels and have formed a good base at these levels.

Chinese Premier Li Qiang has ending his Australian tour in the west coast city of Perth where he focused on China’s investment in critical minerals, clean energy and busines links