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BloombergQuint | Latest and Live Business, Market, Political and Economy News
25.06.2025
A nationwide blood donation campaign held to mark the 63rd birthday of Gautam Adani, chairman of the Adani Group, achieved a feat by collecting 27,146 units of blood in a single day. This figure surpassed last year's collection of 24,500 units, NDTV reported.
Ellenbarrie Industrial Gases' initial public offering was subscribed 0.11 times or 11% on the second day on Wednesday. On the first day the IPO was subscribed 0.08 times or 8%. The industrial gas manufacturer is looking to raise up to Rs 852.5 crore from the primary market. The IPO consists of a fresh issue worth Rs 400 crore and an offer for sale worth Rs 452.5 crore.
Globe Civil Projects Ltd.'s initial public offering was subscribed 8.81 times on its second day of bidding on Wednesday. On the first day the IPO was subscribed 6.97 times, led by demand from non-institutional buyers. Globe Civil Projects is raising nearly Rs 120 crore from this IPO from the primary market via a fresh issue. The company raised Rs 35.7 crore from anchor investors ahead of its initial public offering on Monday.
Israel has agreed to a ceasefire with Iran after achieving its military objectives. Prime Minister Netanyahu claims Israel eliminated Iran's nuclear and ballistic missile threats. He warns of a forceful response to any ceasefire violations. Meanwhile, US President Donald Trump told Netanyahu not to expect further American offensive military action