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2 min read
New Delhi, June 26: Textile manufacturer Aastha Spintex Ltd will launch its initial public offering (IPO) on June 29 to raise Rs 170 crore. The public issue, with a price band of Rs 125-136 per equity share, will remain open for subscription until July 1, according to a company statement on Thursday. Proceeds from the […]
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3 min read
New Delhi: Consumer electronics retailer Sathya Agencies, transformer manufacturer Kanohar Electricals and Torrent Gas have secured Sebi’s approval to raise funds through initial public offerings (IPOs), an update with the regulator showed on Thursday. Sathya Agencies and Kanohar Electricals filed preliminary IPO papers with Sebi in March and January, respectively, while Torrent Gas confidentially submitted […]
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3 min read
New Delhi: Consumer electronics retailer Sathya Agencies, transformer manufacturer Kanohar Electricals and Torrent Gas have secured Sebi’s approval to raise funds through initial public offerings (IPOs), an update with the regulator showed on Thursday. Sathya Agencies and Kanohar Electricals filed preliminary IPO papers with Sebi in March and January, respectively, while Torrent Gas confidentially submitted […]
3 min read
New Delhi, Jun 26: The reopening of the Strait of Hormuz following a tenuous US-Iran memorandum of understanding (MoU), if enduring, can materially ease the profitability pressure on India Inc for the rest of this fiscal year versus what was envisaged earlier, a report said on Thursday. “Energy markets have responded swiftly to the respite, […]
6 min read
Mumbai, June 26: The Nasdaq Composite closed Thursday’s session in negative territory, falling 118.03 points (0.46%) to settle at 25,358.60, as a brutal sell-off in mega-cap technology stocks, led by Apple’s 6% decline, overshadowed a powerful AI-driven rally in semiconductor shares. The benchmark S&P 500 inched lower by 0.01% to 7,357.49, while the blue-chip Dow Jones Industrial Average bucked […]
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