WhatsApp Financial News
26.09 / 09:49
IPO
Booking
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Kontor Space IPO: GMP, price, other details about upcoming IPO as SME issue opens tomorrow
Kontor Space IPO: The initial public offering (IPO) of Kontor Space Limited opened will hit primary market on 27th September 2023 i.e. tomorrow. The public issue is offered at a fixed price of ₹93 per share.
26.09 / 09:49
Lowe's
Target
economy
NIFTY
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Experts
IT sector outlook: Sell into the FOMO rally, says Nirmal Bang, cuts FY25 revenue estimates of IT stocks under coverage
Nirmal Bang remains cautious about the IT sector as it emphasises investors use the market rally to pare positions in IT stocks if overweight, especially in the tier-2 set. The brokerage firm has cut the FY25 revenue estimates for almost all its coverage as it expects a shallow US recession in 2024. "We advocate that investors use the ‘delayed/no landing’ rally seen since October 2022 to pare positions if overweight, especially in the tier-2 set," Nirmal Bang said in a note on September 26.
26.09 / 09:19
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Action
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Southern
electronic
PFI attack: Soldier from Kerala, who claimed to be assaulted, taken into custody, says Kerala Police
Kerala Police along with his friend for allegedly giving false statement in which he said that he was assaulted by six persons near his home in this southern Kerala district and 'PFI' was written on his back. A senior police officer of the district said that no arrests have been recorded in the case so far and the statements of the soldier -- Shine Kumar -- and his friend were being recorded. "Further action would be taken after verifying the contents of their statements," the officer said to news agency PTI.The soldier friend has said that Shine Kumar wanted to become famous and that is why this entire act was carried out.
26.09 / 09:19
IPO
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Experts
techno
innovations
recommendations
Time
small-cap
Small-cap stock below ₹100 close to life-time high. Do you own?
Small-cap stock below ₹100: Salasar Techno Engineering Ltd is a small-cap company, which is in news these days for capacity expansion. While the small-cap company has hit headlines for strong fundamentals, Salasar Techno Engineering shares are not far behind. Salasar Techno Engineering share price today opened upside and went on to hit intraday high of ₹53.90 apiece on NSE.
26.09 / 09:05
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Coronavirus
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outbreak
reports
infection
China’s ‘batwoman’ scientist warns another ‘highly likely’ coronavirus outbreak in future: Report
South China Morning Post. In a recent paper written with colleagues, Shi who is also popularly known as “batwoman," warned that the world must be prepared for another disease like Covid-19 because “if a coronavirus caused diseases to emerge before, there is a high chance it will cause future outbreaks," she said as quoted by the SCMP.
26.09 / 09:05
UPS
IPO
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Western Carriers gets SEBI nod to launch IPO
Also Read: Fincare Small Finance Bank IPO gets SEBI approval According to a SEBI update today, the Western Carriers IPO received its observations letter on Friday, September 22. As per company's DRHP, Western Carriers IPO consists of an offer for sale (OFS) component of up to 93.29 lakh equity shares by the promoter Rajendra Sethia and a fresh issue of equity shares totaling up to ₹500 crore.
26.09 / 09:05
IPO
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Platform
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Experts
band
recommendations
Multibagger IPO: SME stock Basilic Fly Studio gives 200% return to allottees within one month
Multibagger IPO: Money is not in buying and selling of stocks but in holding them as long as one can. However, on some occassions, one's money rise many folds in very short time span. This can happen in stocks as well as IPOs because investing in stocks or IPOs is like investing in business.
26.09 / 09:05
IPO
Booking
WhatsApp
JSW Infrastructure IPO: Issue fully booked on day 2; retail portion subscribed over 3 times so far
₹113 to ₹119. Bids can be made for a minimum of 126 equity shares and in multiples of 126 equity shares thereafter.
26.09 / 09:05
IPO
Booking
WhatsApp
band
show
Manoj Vaibhav Gems IPO Day 3: Issue sails through on last day; subscribed 1.42 times so far; retail portion booked 1.3x
Also Read: Manoj Vaibhav Gems IPO: Bidding ends today. GMP, subscription status, apply or not? Manoj Vaibhav Gems IPO GMP today, or grey market premium today, is ₹12 per share, as per market observers. This indicates that Manoj Vaibhav Gems shares are trading higher by ₹12 than their issue price, in the grey market.
26.09 / 09:05
UPS
Reuters
Apple
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blues
reports
iPhone 15 Pro, iPhone 15 Pro Max selling for upto ₹32,000 above MRP in India, says report
Apple's two stories in India - Apple BKC and Apple Saket were filled with crowds on the launch of the iPhone 15 series in India. The wait time for higher-end iPhone 15 Pro and iPhone 15 Pro Max models are stretching up to late October, a recent Reuters report had noted. Moreover, Counterpoint data quoted by Reuters noted that iPhone 15 Pro models will account for 25% of the overall iPhone 15 shipments in India in the fourth quarter, an increase of 4% from the top-tier iPhones from last year.
26.09 / 09:05
Platform
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Uniqlo
Katrina Kaif appointed as Uniqlo India's brand ambassador
₹391 crore, according to data from financial intelligence platform Tofler. The retailer is yet to disclose its FY23 financials."Exciting news! Mint is now on WhatsApp Channels
26.09 / 08:33
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information
BSE’s chief information security officer, chief of special projects tender resignations
₹1,264.60 apiece on the NSE. Catch Live Market Updates here (To be updated)"Exciting news! Mint is now on WhatsApp Channels
26.09 / 08:33
FIVE
Reuters
Digital
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reports
From Goldman Sachs to HSBC, 5 banks collaborate on global approach to disclosing stock positions: Report
(Exciting news! Mint is now on WhatsApp Channels: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) The five banks will be working with RegTech specialist Droit and a law firm to write a common digital machine-readable code that consortium members can implement to ensure consistent compliance. In some of the recent cases, investors have amassed large stakes in publicly traded companies that, while within the rules, have taken other market participants by surprise.
26.09 / 08:23
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consequences
reports
Department
₹2000 currency note exchange: Deadline ends in 4 days. What happens next? Check how to deposit these notes in a bank
₹2,000 banknote notes is just four days away. The Reserve Bank of India (RBI) ordered the withdrawal of the 2,000-rupee note on May 19, giving people time till September 30 to exchange or deposit them with banks There are still almost 240 billion rupees ($2.9 billion), about ₹24,000 crore worth of notes in circulation, Bloomberg reported. As much as 93% of the ₹2,000 currency notes have either been deposited or exchanged at banks, the central bank said earlier this month.
26.09 / 08:23
IPO
Digital
economy
Tencent
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reports
China's tech giants take center stage at Asian games after prolonged crackdown: Report
Alibaba, a prominent Chinese tech company, had been subject to control by the ruling Communist Party. However, the Asian Games taking place in Alibaba's hometown are presenting a valuable opportunity.
26.09 / 08:23
IPO
Lowe's
Dreams
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Sunita Tools IPO: GMP, subscription status, other details about BSE SME issue
Sunita Tools IPO: The initial public offering (IPO) of Sunita Tools Limited opened for subscription today. The public issue is offered at a fixed price of ₹145 per share. The issue will remain open for bidding till 29th September 2023.
26.09 / 07:59
Lowe's
BLOCK
Reuters
Discover
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reports
reserves
Lithium reserves to be auctioned in Jammu and Kashmir in a few weeks, overseas miners interested: Report
India considers lithium mining royalty at 3% of LME price- govt sources The Reuters report while quoting government sources close to the matter noted, "The auction will happen soon and some overseas miners have shown interest" India has been exploring ways to secure lithium supplies with the first lithium deposits of 5.9 million tonnes found in Jammu and Kashmir in February this year. Lithium reserves were discovered during exploration by the Geological Survey of India (GSI) in the Reasi district of Jammu and Kashmir.
26.09 / 07:59
UPS
Citi
economy
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President
Chinese President Xi Jinping's housing crisis efforts jeopardized as Evergrande face trouble
Also read: ‘Empty houses everywhere': Former Chinese official's rare public critique on China's economy Evergrande's main domestic unit, Hengda Real Estate Group, said in a Shenzhen stock exchange filing late on Monday it had failed to pay the principal and interest for a 4 billion yuan ($547 million) bond that was due by 25 September. (Exciting news! Mint is now on WhatsApp Channels: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Hengda said it will actively negotiate with bondholders in a bid to reach a solution as soon as possible while working to resolve the debt risks and safeguard creditors' rights and interests.
26.09 / 07:59
Digital
Racing
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Features
Bajaj Pulsar N150 launched in India at ₹1.18 lakh with sporty design. Check features and other details
₹1,17,677 (ex-showroom). As per the company, the all new Pulsar N150 will offer a similar fuel efficiency of around 45-50 kmpl, just like the earlier Pulsar 150. In terms of the looks, the bike gets a borrowed design from the Pulsar N160, featuring a sharp LED projector headlamp, which can be considered as an evolved iteration of the popular Pulsar headlamps.
26.09 / 07:59
UPS
Man
Platform
Action
Metro
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social
Watch: Man smokes inside Delhi Metro train; video goes viral, DMRC issues statement
Delhi Metro coach. Notably, lighting up a cigarette or beedi in the metro is an act that can lead to legal repercussions. The incident came to light through a video that has rapidly made rounds on social media platforms.
26.09 / 07:59
IPO
Booking
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Experts
band
recommendations
Goyal Salt IPO: Price band, subscription status, GMP, other key details as SME issue opens
Also Read: JSW Infrastructure IPO: Latest GMP, subscription status, buy or not? Let us take a look at Goyal Salt IPO subscription status, GMP and other key details. Goyal Salt IPO is a book built issue of ₹18.63 crores. The issue is entirely a fresh issue of 49.02 lakh shares.
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