Ola Electric Mobility, India’s leading two-wheeler electric vehicle manufacturer, has seen its shares continue to decline in recent sessions after an initial strong surge after listing. In today’s trading, the stock dropped 3% to ₹110 per share, marking the sixth consecutive session of losses. As a result, the stock is currently trading 30% below its … Read more
In a market dominated by non-bank financiers, a public bond issued by an Adani group entity is the first from a non-lending company since 2016, when the National Highways Authority of India came out with an issue. A public bond market issue is when a company offers it to retail, or individual, investors. The Adani … Read more
The Nifty Midcap 150 and Nifty Smallcap 250 indices surged by about 28% each in the first eight months of 2024. These indices have outperformed the benchmark index, Nifty50, which is up by 16% over the same period. This significant outperformance is partly due to the frequent sector rotations, where different sectors have taken turns … Read more
Some income taxpayers have reportedly received notices under section 148, which is related to the reopening of assessments for the assessment years 2014-15, 2015-16, 2016-17 and 2017-18. A former president of the Institute of Chartered Accountants of India ((ICAI), the chartered accountants’ professional body, believes that these tax notices are wrongly sent since the limitation … Read more
(Bloomberg) — Carlyle Group Inc. has selected banks for an initial public offering of Acrotec Group, which could be valued at as much as 4 billion Swiss francs ($4.7 billion), according to people familiar with the matter. Bank of America Corp., Morgan Stanley and UBS Group AG are working on the potential Zurich listing of … Read more
In complete contrast to the conventional rules of investing, a recently released Sebi study showed that retail investors sell nearly half of their holdings in initial public offerings (IPOs) within a week. Individual investors sold 50 per cent of the shares allotted to them by value within a week of listing and 70 per cent … Read more
There is a deluge of initial public offerings (IPOs) in India. Over 55 mainboard IPOs have hit the Indian market this year so far. However, the real buzz is in the small and medium-sized enterprises (SME) segment, with over 150 SME IPOs in the year. An influx of IPOs is a positive sign as it … Read more
Have you ever wondered what is the way out when your demands or desires outstrip your economic potential? For example, you may want to go to a European destination with your partner for a week-long trip, but do not have the adequate money in your bank, or want to add a small extension to your new … Read more
ECOS Mobility IPO Listing: The initial public offering (IPO) of ECOS (India) Mobility & Hospitality has concluded with heavy oversubscription. The ECOS Mobility IPO share allotment has also been finalised and now the applicants look ahead to the IPO listing. ECOS Mobility IPO listing date is likely tomorrow. The biffing for ECOS Mobility IPO started … Read more
Travel insurance is a blessing in such situations. The insurance company can give you some emergency cash along with a predefined amount for loss of baggage and passport. They can also provide additional services such as helping you connect with local authorities. However, a basic travel insurance plan may not have all these features, so … Read more