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Belrise Industries IPO Day 2: Auto component manufacturer Belrise Industries Limited, which holds a 24 per cent market share catering to both traditional and electric vehicles, opened its share sale window on Wednesday, May 21. The IPO will close on May 23. On the second day of the bidding process, the issue was fully subscribed, receiving…
Two Israeli embassy staff members were shot and killed while leaving an event at a Jewish museum in Washington DC. Source link
Prime Minister Narendra Modi on Thursday virtually inaugurated 103 redeveloped railway stations across 86 districts in 18 states and Union Territories under the Amrit Bharat Station Scheme. The redeveloped Amrit stations integrate modern infrastructure with regional heritage and are designed to offer improved facilities for passengers, including Divyangjan-friendly amenities and green features. The prime minister,…
Two Israeli embassy staff were shot dead outside a Jewish museum in downtown Washington DC by a man who police say shouted “free, free Palestine” after the attack. The victims, a young couple, were shot while leaving an event at the Capital Jewish Museum, DC police said, adding that the incident appears targeted. The shooting…
Aditya Birla Fashion and Retail Ltd (ABFRL) saw a spectacular 66 per cent drop in its share price on May 22 as the company carried out the much-awaited demerger of its Madura Fashion & Lifestyle (MFL) business into a separately listed company — Aditya Birla Lifestyle Brands Ltd (ABLBL). The stock fell to Rs 88.80…
GMM Pfaudler reported quarterly revenue of ₹807 crore for Q4FY25, up 9 per cent year-on-year, while full-year revenue declined 7 per cent to ₹3,199 crore. The company’s EBITDA margin for the quarter stood at 11.5 per cent, with annual EBITDA falling 20 per cent compared to the previous year. Shares of GMM Pfaudler Ltd were…
Tuhin Kanta Pandey, chairman of the Securities Exchange Board of India (SEBI) at 16th Assocham 16th Capital Market Conference, said, “For an economy like India, we cannot depend only on banks for debt.” Capital markets play a crucial role in the economic development of a country by providing financial resources required for the long-term sustainable…
More than a dozen governments have condemned Israel after its forces fired in the direction of a diplomatic delegation near the Jenin refugee camp in the occupied West Bank. The Israeli army said its soldiers fired “warning shots” after the foreign diplomats, who included representatives of the European Union, the United Kingdom, Russia and China,…
Borana Weaves IPO: The initial public offering (IPO) of Borana Weaves Limited entered its third and final day of bidding on Thursday, May 22, after witnessing robust investor interest during the first two days. As of 11:24 am on Day 3, the issue was oversubscribed 50.34 times, with total bids received for 18,57,13,293 shares against the…
Italy has approved a law that tightens the rules for people with Italian heritage to get passports. Previously, anyone with an Italian ancestor who lived after 17 March, 1861 – when the Kingdom of Italy was created – qualified to be a citizen under the ‘jus sanguinis’, or descendent blood line law. Under the amended…
