India drastically slashed its asset sale target, which raised several questions regarding how much it is planning to generate from the IPO of LIC. This announcement was recently made during the budget session of 2022. Are you interested in knowing more about this topic? Read on. Lowered Divestment Estimates On Tuesday, i.e., 1 February 2022, …
The Honorable Finance Minister Nirmala Sithraman presented the budget today, February 1, 2022. Along with many other announcements, the FM talked about Emergency Credit Line Guarantee Scheme (ECLGS). The government’s emergency credit scheme, which was launched to support the credit needs of sectors hit by the pandemic, will be extended for another year up to …
The impact of the new Covid-19 variant, Omicron, may reportedly be not as severe on the country’s economy, according to the latest economic review from the government. The report notes that although it does pose some risk to the current recovery on the global scale, its impact may not be as adverse on India’s economy …
CE Info Systems, a digital mapping company known for its brand MapmyIndia, opened at Rs. 1,581 per share on the BSE, 53% higher than its issue price. On the NSE, its shares registered a gain of 51.5% from its issue price as it got listed at Rs. 1,565 per share despite volatility in the equity …
After a rough 2020, the world got worse. It only got worse. In the wake of the COVID-19 scandal, India’s healthcare system was brought to its knees. The country was also hit by the worst riots in its recent history. Despite the volatility, the Nifty50 is up more than 21 percent so far this year. …
Shares of Latent View Analytics, the data analytics firm, have more than doubled ever since their debut on the stock exchanges. This company’s stocks surged to a high of Rs. 531 in comparison to the issue price of Rs. 197. To know more details regarding the same, take a look below. Key Highlights of Latent …
Paytm had a stellar debut in its IPO this year, which this company’s CEO expected would rival Coal India’s in 2010. One97Communications Ltd. raised around USD 2.5 billion in the Paytm IPO. The initial public offer opened for subscription on 8 November 2021 and closed on 10 November 2021. The price band of that IPO …
Paytm’s dismal listing and continued insufficiency in the stock market has weakened investor sentiments for its rival MobiKwik. According to analysts, the flop performance of Paytm will most likely affect the initial share sale of MobiKwik. Here are more details on this topic. What’s the Speculation All About? During the initial nine months of 2021, …
The Reserve Bank of India’s decision to hold key rates steady has sent a strong message that it is concerned about the impact of rising interest rates before the recovery of the economy can happen. The RBI may be reaching the end of its tolerance for inflation and will most likely raise interest rates in …
In Monday’s trading session, the National Stock Exchange’s flagship index Nifty50 fell by more than 280 points whereas Bombay Stock Exchange’s Sensex went down by almost 950 points, giving chills down the spine of investors and traders. Both the indices marked a fall by 1.65% each. The charts made one side momentum on the downward …
