3:23 PM
Spectrum auction ends in just 2 days with bids worth Rs 11,340 crore
An auction of radiowaves that carry voice and data signals for mobile phones ended within two days on Wednesday, garnering less than 12 per cent of the Rs 96,238 crore minimum value that the government had estimated for the spectrum on offer. READ MORE
3:09 PM
SBI raises Rs 10,000 cr via infrastructure bond issuance to fund projects
The issue attracted overwhelming response from investors with bids in excess of Rs 19,884 crore and was oversubscribed by around four times against the base issue size of Rs 5,000 crore, SBI said in a regulatory filing. READ MORE
2:57 PM
GEM Enviro lists at 90% premium to issue price, freezes at upper circuit
GEM Enviro Management made an impressive debut on the BSE SME platform today, opening at Rs 142.50 per share, a 90 per cent premium over its issue price. The IPO, which was open for subscription from June 19th to June 21st, received overwhelming interest from investors, with an overall subscription of over 265.13 times. READ MORE
2:48 PM
ALERT :: Inox Green allots over 1 mn shares to ace investor Ashish Kacholia
>> Bandhan Focused Equity Fund, Universal Golden Fund, Mahindra Manulife Large & Mid Cap Fund, Suresh Kumar Agarwal among other allottees.
Check list here
2:39 PM
IREDA, Hudco’s share price zooms up to 8% intraday; check details here
According reports, the positive momentum in the stock prices of these companies came after a government official disclosed that the central governments is planning to potentially include these entities under Section 54EC of the Income Tax Act in the upcoming union budget. READ MORE
2:15 PM
Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr
Zee Media operates a number of news channels across various languages, including Hindi, English, and regional languages, catering to a wide audience across India. READ MORE
2:03 PM
ALERT :: S&P revises Adani Ports outlook to ‘Positive’; ‘BBB-‘ ratings affirmed
>> Rating revised on improving scale and diversification
1:50 PM
ALERT :: Bajaj Auto sets up new manufacturing plant in Brazil
>> Bajaj Do Brasil Comercio De Motocicletas Ltda, the wholly-owned subsidiary of Bajaj Auto Limited, has set up and commenced the commercial production at its new manufacturing plant at Av. do Turismo, Bairro Tarumã, Manaus, Brazil on 26 June 2024.
>> The plant is equipped with engine and vehicle assembly as well as testing facilities and has a production capacity of 20,000 units per year in a single shift.
1:13 PM
This small-cap auto company has approved capacity expansion; stock gains 4%
JTEKT India shares rise:Shares of JTEKT India rose as much as 4.44 per cent to hit a fresh 52-week high of Rs 221.10 per share on Wednesday.
The uptick in the stock price came after the company announced that it has evaluated and approved capacity expansion for CVJ Forging Child Part. Read more
