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Mumbai12 minutes ago copy link The Reserve Bank of India has rejected the application of Tata Sons, the holding company of Tata Group, to voluntarily surrender its NBFC registration as a core investment company. After this decision of the Reserve Bank, now Tata Sons will have to follow all the strict rules of Upper-Layer Non-Banking…
New Delhi: Gem Aromatics made a quiet debut on August 26, listing at Rs 333.10 on NSE, just above its issue price of Rs 325, while it opened flat on BSE. This came despite a 9 percent grey market premium ahead of listing. The Rs 451.25-crore IPO (Rs175 crore fresh issue + Rs 276.25 crore…
New Delhi: Shares of Vikram Solar made a lukewarm debut on Tuesday, August 26. The stock listed at Rs 340 on the BSE, a 2.4 percent premium over its issue price of Rs 332, while it opened on the NSE at Rs 338, up 1.81 percent. This came after the stock was trading at an…
New Delhi: Shares of Highway Infrastructure Ltd. made an impressive debut on the stock markets on August 12, listing at a price much higher than its IPO rate. The company’s IPO (Initial Public Offering) was open from August 5 to August 7 and received an overwhelming response — subscribed 300.61 times. The IPO size was…