The category meant for Retail Individual Investors (RIIs) received 2.59 times subscription. New Delhi: The initial public offer of Venus Pipes and Tubes got fully subscribed within the first few hours of opening for subscription on Wednesday. The Rs 165.41-crore IPO received bids for 51,67,502 shares against 35,51,914 shares on offer, translating into 1.45 times […]
LIC IPO: QIB portion fully subscribed on last day New Delhi: Shares reserved for Qualified Institutional Buyers (QIB), including banks and mutual funds in the LIC’s public offer were subscribed fully on Monday morning, taking the overall subscription of the issue to a little over 2 times. Against 3,95,31,236 reserved, 4,61,62,185 bids were received, reflecting […]
LIC IPO: The Centre plans to raise Rs 21,000 crore by diluting a 3.5 per cent stake in LIC. New Delhi: Life Insurance Corporation of India’s (LIC’s) Rs 21,000 crore IPO, India’s largest public issue, has been 100% subscribed on the second day of bidding on Thursday. LIC shares will be listed on May 17. […]
vivo is planning to unveil its X80 high-end family of smartphones at a special event on April 25, but it looks like an additional device will tag along on that occasion, and that is the upcoming vivo S15e, the first member of the sure-to-grow S15 lineup. Some of the S15e’s specs have already been teased […]
March inflation surge does not fully reflect the fallout from the Ukraine war India’s inflation data for March suggests spiralling price pressures, but that does not yet fully reflect the fallout of the Ukraine war, which has pushed energy rates and commodities’ costs to surge. That suggests there is more inflation pain ahead for India. […]
Provident fund acts as a social security cover for millions of employees The Employees Provident Fund, or popularly the Provident Fund (PF), is a long-term investment tool that is built by contributions from the employee, the employer and, in some cases, the government. In simple terms, PF is a social security programme run by the […]
Higher March inflation data does not yet fully reflect the fall out from Ukraine war Inflation has surged sharply in March, according to the latest data from India, the United Kingdom and the United States, but that does not reflect the full impact of the ongoing Russia-Ukraine war, suggesting that the risks are skewed more […]
NASA’s James Webb Space Telescope has been aligned to produce the first unified image of a single star, reaching a critical milestone in its journey to unravel the mysteries of the world far beyond our reach. Most traditional telescopes have a single primary mirror that collects light from distant stars. But Webb has 18 hexagonal […]
Tata Coin is a digital currency which belongs to the investors who own it Tata Coin is a Binance Smart Chain-based community-driven cryptocurrency. It intends to make Decentralised Finance (DeFi) totally secure and to give the most secure digital currency to global enterprises and organisations, including investors. This would allow them to conduct their digital […]
Jupiter Meta launches India’s first fully curated Non-Fungible Token marketplace New Delhi: Jupiter Meta launches India’s first fully curated Non-Fungible Token (NFT) marketplace, taking it live on February 23. The digital marketplace, or the metaverse, will focus on music, film, and gaming, creating singular experiences for each user and enabling everyone to maximise their time […]