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BloombergQuint | Latest and Live Business, Market, Political and Economy News - Economy
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Suntech Infra Solutions IPO Subscribed Over Seven Times So Far On Day 2 — Check Latest GMP
Suntech Infra Solutions IPO has been booked more than seven times so far on the second day of bidding on Thursday, June 26. The business-to-business (B2B) construction company launched its initial public offering (IPO) on June 25 to raise Rs 44.39 crore from the primary market. The NSE SME issue continued to see a strong demand across investor categories on Day 2, after a subscription of 4.87 times on the first day.
Shubhanshu Shukla - Axiom-4 Mission Docking Today: Time, Live Streaming Details And What Happens Next
The Axiom-4 crew, carrying Indian astronaut Subhanshu Shukla, is set to dock with the International Space Station (ISS) at 1100GMT, around 4:30 p.m. (IST), on Thursday. Shukla is part of this historic mission, joined by crewmates from the US, Poland and Hungary. Axiom-4 mission will "realise the return" to human spaceflight for India, Poland, and Hungary, with each nation’s first government-sponsored flight in more than 40 years.
Amitabh Bachchan’s Cyber Crime Alert Caller Tune Discontinued — All You Need To Know
The cybercrime awareness caller tune featuring iconic actor Amitabh Bachchan will be removed starting Thursday, according to an NDTV report. The message was part of a government campaign to raise awareness about increasing cyber fraud cases in India. The caller tune, which played before every phone call, was facing widespread criticism.
One Mobikwik Share Price Recovers After Declining Over 6% After Multiple Block Deals
Shares of One Mobikwik Systems Ltd. recovered after declining over 6% on Thursday, after multiple block deals. Over 68.5 lakh equity shares changed hands at a price of between Rs 231 to Rs 261, in a block deal worth Rs 168 crore on Thursday.
Globe Civil Projects IPO Subscribed 25.65 Times On Day 3
Globe Civil Projects Ltd.'s initial public offering was subscribed 25.65 times on the third and final day of bidding on Thursday. It was subscribed 15.27 times on its second day. On the first day, the IPO was subscribed 6.97 times, led by demand from non-institutional buyers.
Motorola Teases New Smartphone Launch In India — It Could Be This Model
Smartphone maker Motorola has teased a new phone launch in India and it could be the upcoming model G96 5G. The company has shared a teaser poster on e-commerce website Flipkart, featuring its latest model in multiple colours. The Flipkart teaser hints at features like a quad-curve display and dual rear cameras.
Bajaj Holdings Dividend: Last Day To Buy Shares To Qualify — Details Here
Shares of Bajaj Holdings and Investment Ltd. will be of interest on Thursday as the day marks the last session for investors to buy shares to qualify for receiving the dividend before the stock goes ex/record-date. The record date determines shareholders eligible to receive the dividend payment.
IPO Live Updates: Indogulf Cropsciences Opens Today; Day 2 For HDB Financial
The primary markets are buzzing again with six new mainboard offerings today. Indogulf Cropsciences Ltd. has hit the D-street and is open for bidding. HDB Financial Services Ltd. and Sambhv Steel Tubes Ltd. have their second day of bidding, while Globe Civil Projects Ltd., Kalpataru Ltd. and Ellenbarrie Industrial Gases Ltd. will open for bidding for the last day.
Poco F7 Price, Monstrous Battery, Fast Performance Make It A Threat To Mid-Range Smartphones, Flagships
The Poco F7 has been launched in India and is being dubbed widely as the “flagship killer” for many reasons. It boasts a gargantuan battery, powerful processor under its hood, and comes at a price tag that could give many mid-range smartphones and a few premium ones a run for their money.
Indogulf Cropsciences IPO Subscribed 8% On Day 1: Check GMP, Price Band And More
Indogulf Cropsciences initial public offering was subscribed 0.08 times or 8% so far on its first day of bidding on Thursday. The exporter of crop protection, plant nutrients and biologicals products is looking to raise Rs 200 crore from the primary market. The IPO includes an offer-for-sale component, through which, two existing shareholders of the company would offload equity shares to raise Rs 40 crore.
Tata Steel Board Approves Raising Stake In Unit
Tata Steel Ltd.'s board approved the acquisition of an additional 179 crore shares in T Steel Holdings Pte. for Rs 1,563 crore. TSHP, based in Singapore, is a wholly-owned subsidiary crucial for Tata Steel's overseas investments. Its main business is holding equity shares of indirect international subsidiaries.
Fairphone 6 With Repairable Design Launched: Check Price And Specifications
Fairphone has launched its latest repairable smartphone, the Fairphone 6, in select markets globally. The phone succeeds the Fairphone 5 and comes with a lighter and more modular design. The company claims the latest device has been created “from more recycled and fair materials than ever before."
Samsung Galaxy Z Fold 7 And Z Flip 7 Launch: Pre-Reservations Now Open, Details Here
South Korean smartphone maker Samsung has officially confirmed the launch date for its upcoming models: Galaxy Z Fold 7 and Galaxy Z Flip 7. The event is scheduled to be held on July 9 at 7:30 p.m. (IST). Alongside the new smartphones, the company will also introduce the Galaxy Buds Core and Galaxy Watch 8. Amid the buzz for the new Samsung launches, the Korean consumer electronics giant has also opened pre-reservations for its upcoming launch so that users can secure their purchases.
Abram Food IPO Day 3: Check Latest GMP, Subscription Status, Allotment Date And More
The initial public offering (IPO) of Abram Food Ltd. continued to see a strong response across investor categories on the third and last day of bidding on Thursday, June 26. The IPO, which opened for subscription on June 24, was overall booked nearly five times on Day 3.
HDB Financial Services IPO Subscription Status Day 2 — Check Details
The initial public offering of HDB Financial Services Ltd. was subscribed 0.39 times on its second day as of 10:30 a.m. Valued at Rs 12,500 crore, the proposed IPO is set to be one of the largest by a non-banking financial company in India. The mainboard IPO includes a fresh issue of 3.38 crore shares worth Rs 2,500 crore and an offer for sale of 13.51 crore shares worth Rs 10,000 crore.
EV Drive Just Changing Pollution Goalpost? Nithin Kamath Raises Concerns
Zerodha Chief Executive Officer Nithin Kamath has raised alarm over the hidden environmental costs of transitioning from internal combustion engine vehicles to electric vehicles. In a post on X, Kamath raised concerns that the global push towards EVs, while aimed at reducing urban air pollution, might be inadvertently causing irreversible damage elsewhere in the world.
Cabinet Meet: Government May Waive Spectrum Usage Charges For Key Departments, Including Defence
The Indian government is reportedly considering waiving Spectrum Usage Charges (SUC) for several government departments, including Defence, Armed Forces, Paramilitary, and Science & Technology. Sources close to NDTV indicate that these departments have accumulated outstanding spectrum dues amounting to several crores.
HDB Financial Services IPO Opens For Subscription — Check Key Details
The initial public offering of HDB Financial Services Ltd. opened on Wednesday, June 25. It was subscribed 0.08 times as of 10:47 a.m. on day one. Valued at Rs 12,500 crore, the proposed IPO is set to be one of the largest by a non-banking financial company in India. The mainboard IPO includes a fresh issue of 3.38 crore shares worth Rs 2,500 crore and an offer for sale of 13.51 crore shares worth Rs 10,000 crore.
Poco F7 Vs iQOO Neo 10: Display, Camera, Processor, Other Specs Compared
The Poco F7 has recently been launched in India as a successor to the POCO F6. It is one of the attractive options in the sub-Rs 35,000 segment and gives tough competition to the likes of iQOO Neo 10. Here is a comparison of the two devices so that you can decide which is best for you.
Record-Breaking Blood Donation Drive On Gautam Adani's Birthday Collects 27,146 Units
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.
Globe Civil Projects IPO Subscribed 8.81 Times On Day 2: Check GMP, Price Band And More
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.
Axiom-4 Mission Launch Live: Shubhanshu Shukla And Crew Take Off For ISS; Celebrations At Command Centre
After multiple delays, Indian astronaut Shubhanshu Shukla and three others successfully lifted off to travel to the International Space Station on Wednesday. NASA, Axiom Space, and SpaceX are now targeting 12.01 PM (IST) on June 25, for launch of the fourth private astronaut mission to the ISS, Axiom Mission 4.
IPO Live Updates: HDB Financial Services And Sambhv Steel Tubes To Open Today
Hello and welcome to our IPO live blog! After a dull week with little action, the primary markets are buzzing again with five new mainboard offerings. HDB Financial Services Ltd. and Sambhv Steel Tubes Ltd. have opened today while Globe Civil Projects Ltd., Kalpataru Ltd., Ellenbarrie Industrial Gases Ltd. will have second day of bidding.
Ellenbarrie Industrial Gases IPO Subscribed 11% On Day 2: Check GMP, Price Band And More
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.
Kalpataru IPO: Check GMP, Day 2 Subscription Status, Price Band And Other Key Details
The initial public offering of Kalpataru Ltd. was subscribed 0.11 times or 11% as of 10:12 a.m. on its second day of bidding on Wednesday. The IPO was subscribed 0.09 times or 9% on its first day of bidding on Tuesday. The proposed IPO is entirely a fresh issue worth up to Rs 1,590 crore, with no offer-for-sale component. The face value of each share is Rs 10. Investors can bid for a minimum of 36 shares, and then in multiples thereof.
Getting Your First Credit Card? Avoid These Eight Common Mistakes
Credit cards have become an essential financial tool in today's world. Credit card usage has surged over the past few years driven by discounts, offers and convenience. However, if not used responsibly, a credit card could end up becoming a financial burden rather than a benefit.
Breaking News Live: Israel Will Respect Ceasefire As Long As Iran Does
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
HDB Financial IPO Opens Today: Should You Subscribe? Here’s What Brokerages Suggest
Brokerages are optimistic about the highly anticipated initial public offering of HDB Financial Services Ltd. The mainboard IPO opened for subscription on June 25. The Rs 12,500-crore IPO has been booked only 11% as of 11:25 a.m., as per NSE data. Here’s a look at key details about the HDB Financial IPO and what brokerages have to say about it.
MSEI's Comeback: What The Radhakishan Damani, Nemish Shah-Backed Exchange Needs To Make A Dent
India’s third stock exchange, the Metropolitan Stock Exchange of India, continues to struggle in the face of intense competition from the NSE and BSE. MSEI’s attempt to enter the derivatives market hit a roadblock when the Securities and Exchange Board of India did not approve its proposal for a Friday expiry. Market veterans Nemish Shah and Radhakishan Damani held 1.62% and 0.23% stakes, respectively, as of March 2025
MCX Share Price Jumps Following UBS' Target Price Increase
On Wednesday, Multi Commodity Exchange of India saw its share price rise over 4% after UBS raised its target price from Rs 7,000 to Rs 10,000, while maintaining a 'buy' rating. The brokerage firm cited several positive factors contributing to this upward revision. UBS emphasised that the foundation for MCX's growth is solid, pointing to favourable market conditions and the introduction of new products.
Federal Bank Remains Motilal Oswal's Preferred 'Buy' Among Mid-Size Private Banks - Here's Why
Federal Bank Ltd. recorded slower growth in FY25 due to its ongoing portfolio rejig and conscious shift toward higher-yielding products. Its strategic focus—driven by asset mix improvement, liability optimization, and digital initiatives—positions it well to improve upon its profitability profile. Under new CEO Mr. Manian, the bank is addressing key gaps and is on track to deliver stable growth with improved margins and stronger return ratios.