Mumbai: Ganga Bath Fittings Ltd’s Rs 32.65-crore IPO, which opened on June 4, saw limited interest by Day 2. As of 10:14 am on Thursday, June 5, the IPO had been subscribed 0.49 times or 49 per cent of the total shares on offer. This means the IPO received bids for 31.08 lakh shares against the … Read more
Mumbai: Contractors in Maharashtra are upset with the state government for not paying them for the work they have done. They say the government owes them more than Rs 80,000 crore and are warning of a statewide protest if the money is not paid by June 10. Work Stopped Across the State Development work has stopped … Read more
emerged as the top performer among all equity funds — including sectoral and thematic — in May, delivering a return of 21.69%. This was out of a universe of approximately 558 funds during the period. Experts attribute this performance to a sharp rally in Taiwanese technology and , which benefited from strong global demand for … Read more
Piggy, a popular mutual fund investment platform, will cease operations in June. The company has recently notified all its customers through emails about this matter. Several users express concerns regarding the future of their ongoing investments, SIP (Systematic Investment Plan) mandates, and access to tax and transaction records. “After much reflection, we’ve decided to discontinue … Read more
Italian automotive components manufacturer Carraro Group announced ambitious expansion plans for India. It will commit to investing Euro 350 million over the next five to seven years, nearly doubling its current investment base. The announcement came after Carraro Group Chairman Enrico Carraro met with India’s Commerce and Industry Minister Piyush Goyal during the minister’s official … Read more
Shares of rallied as much as 3.16% to an intraday high of Rs 2,973.05 on the BSE on Thursday after the company announced plans to sell 4,76,495 equity shares of Indosolar Ltd, representing 1.15% of the latter’s total paid-up equity capital, through an offer for sale (OFS) to comply with minimum . In a regulatory … Read more
Tesla share price crash: Elon Musk and Donald Trump’s escalating spat has wiped out a whopping $150 billion from Tesla’s market cap. Tesla’s share price crashed over 14% as shareholders hastily sold their positions during an escalating verbal dispute between the US President Donald Trump and the Tesla CEO Elon Musk, who is currently the … Read more
Stock market recommendations : According to Bajaj Broking Research, Idea Forge Technology , and Avantel are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for June 6, 2025: Bank NIFTY Benchmark indices extended their consolidation phase for the third consecutive week, reflecting a lack of directional … Read more
Mumbai:India continues to remain an attractive investment destination and rise in repatriation of funds is a sign of a mature market where foreign investors can enter and exit smoothly, Reserve Bank Governor Sanjay Malhotra said on Friday. Gross foreign direct investment (FDI) inflows remained strong, rising by around 14 per cent to USD 81 billion … Read more
Mumbai | Reserve Bank on Friday retained GDP growth projections for the current fiscal at 6.5 per cent, saying the Indian economy presents a picture of strength, stability and opportunity in the backdrop of global uncertainty. The FY26 growth projections are compared with the 6.5 per cent economic growth recorded in the 2024-25 fiscal year. … Read more