Latest business news
(Bloomberg) — The Hong Kong dollar is expected to spend a shorter amount of time under pressure than recent bouts of weakness, thanks to forecasts for a softer greenback and seasonal factors. The city’s currency is slipping ever closer to the weak end of its fixed trading range, as low borrowing costs encourage carry trades…
Upcoming IPO: Sacheerome IPO will open for subscription on Monday, June 9 and close on Wednesday, June 11. Sacheerome IPO price band has been fixed in the range of ₹96 to ₹102 per equity share of face value of ₹10 each. Bids can be made for a minimum of 1,200 equity shares and in multiples…
NR Vandana Textile IPO day 1: The initial public offering (IPO) of textile manufacturer N R Vandana Tex Industries Limited opened for subscription on Wednesday, May 28, and will remain so till Friday, May 30. The ₹28 crore SME IPO is entirely a fresh issue of nearly 62 lakh shares. The company intends to use…
Leela Hotels IPO: Brookfield-backed Schloss Bangalore Ltd, which owns the hotel chain “The Leela” Palaces, Hotels and Resorts, is set to open its initial public offering (IPO) for public subscription on Monday, 26 May 2025, and is scheduled to close on Wednesday, 28 May 2025. Also Read | Leela Hotels raises ₹1,575 crore from anchor…
Kraft paper manufacturer Nikita Papers on Saturday fixed the price band at ₹95-104 a share for its ₹67.5 crore initial public offering. The initial share sale will open for public subscription on May 27 and conclude on May 29. The shares of the company will be listed on the NSE’s SME platform Emerge, the company…
Aegis Vopak Terminals IPO, which will open for subscription on May 26 and close on May 28, has set the price band at ₹223 to ₹235 per share, with a face value of ₹10 per share. The company has reduced the size of its IPO to ₹2,800 crore, down from the previously planned ₹3,500 crore….
Upcoming IPO: Integrity Infrabuild Developers IPO will open for subscription on Tuesday, May 13 and close on Thursday, May 15. Integrity Infrabuild Developers IPO price band has been fixed at ₹100 per equity share of face value of ₹10 each. Bids can be made for a minimum of 1,200 equity shares and in multiples of…
Manoj Jewellers IPO: The initial public offering (IPO) of Manoj Jewellers, which opened for subscription on Monday, May 5, was off to a slow start amid lackluster demand for the company shares in the grey market. Manoj Jewellers IPO Subscription Status As of 11.40 am, Manoj Jewellers IPO received 2,06,000 shares as against 28,48,000 shares…
Upcoming IPO: Arunaya Organics Limited IPO will open for subscription on Tuesday, April 29 and close on Friday, May 2. Arunaya Organics IPO price band has been fixed in the range of ₹55 to ₹58 per equity share of face value of ₹10 each. Bids can be made for a minimum of 2,000 equity shares…
Bharti Airtel, India’s second-largest telecom provider, informed investors through an exchange filing on April 22 that it, along with its subsidiary Bharti Hexacom Limited, has entered into definitive agreements with Adani Data Networks Limited (ADNL), a subsidiary of Adani Enterprises, to acquire the rights to use 400 MHz of spectrum in the 26 GHz band. …