Top news this week: From Ajit Pawar's rebellion to Jio Financial Services IPO and more
Read more. IdeaForge Technology Ltd's IPO debut was met with a surge in stock prices as its shares listed on the exchanges at a premium. On the National Stock Exchange (NSE), the stock opened at ₹1,300 per share, marking a significant 93.5 percent increase over the issue price.
Similarly, on the Bombay Stock Exchange (BSE), the stock debuted at ₹1,305.10 per share. Read more. Violence erupted in West Bengal as the Panchayat polls concluded on July 8, resulting in a tragic loss of life with 12 individuals reported dead.
The incidents of unrest included the vandalisation of ballot boxes and the hurling of bombs at political opponents in various villages. Read more. OceanGate, the company that owned the Titan submersible involved in the tragic incident during a dive to the wreckage of the Titanic, resulting in the loss of all five individuals on board, including the CEO Stockton Rush, has announced the suspension of its exploration and commercial operations.
Read more. Jio Financial Services Initial Public Offering (IPO) is generating significant excitement in both the primary and secondary market. Reliance Industries Ltd (RIL) is preparing for the demerger process following the approval received from the National Company Law Tribunal (NCLT).
RIL has officially notified the Indian stock market exchanges that the NCLT has granted permission for the demerger of the company's financial services operations. Read more. Torrential rains wreaked havoc in several parts of northwest India, including Delhi, Uttar Pradesh and Himachal Pradesh, causing widespread waterlogging and resulting in severe traffic disruptions.
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