Vedanta’s demerger to be effective from May 1: Investors will get shares of 4 companies for 1; Companies will be listed by mid-May

Vedanta’s demerger to be effective from May 1: Investors will get shares of 4 companies for 1; Companies will be listed by mid-May

Vedanta Group Chairman Anil Aggarwal has announced the date of demerger of his companies. On Monday, April 20, the company told the stock exchanges (BSE-NSE) that the process of dividing Vedanta Limited into five parts will become effective from May 1. After this demerger, shareholders will get 1-1 share of the new companies for every…

Read More
Jio’s IPO expected in May: Company will file draft papers soon, this will be the country’s biggest IPO till date

Jio’s IPO expected in May: Company will file draft papers soon, this will be the country’s biggest IPO till date

Reliance Jio may file draft papers for IPO in May. Earlier Reliance’s target was to file papers by the end of March. However, this timeline was pushed back due to the market downturn caused by the Iran war. This could be the country’s biggest IPO. Jio will leave Hyundai behind in valuation. Investment bank Jefferies…

Read More
Sensex fell by 1500 points and traded at 76,000: Nifty also fell by 450 points at 23,600; Selling in shares of public sector banks

Sensex fell by 1500 points and traded at 76,000: Nifty also fell by 450 points at 23,600; Selling in shares of public sector banks

Today, on Monday, April 13, the first trading day of the week, the Sensex is trading at 76,000 with a decline of 1500 points (1.98%). Nifty has also fallen by 450 points (1.98%), it has come to 23,590. There is selling in Government Bank shares in today’s business. The 21-hour long talks between Iran and…

Read More
Value of 8 out of top 10 companies increased by ₹ 4.13 lakh crore: No change in the prices of petrol and diesel, chances of decline in the market today.

Value of 8 out of top 10 companies increased by ₹ 4.13 lakh crore: No change in the prices of petrol and diesel, chances of decline in the market today.

New Delhi20 minutes ago copy link Yesterday’s big news was related to the stock market. Due to the rise in the market last week, the market capitalization (market cap) of 8 of the top 10 most valued companies of the country has increased by Rs 4,13,003.23 crore. Banking sector companies HDFC Bank and ICICI Bank…

Read More