Funding
RailTel IPO closes today
RailTel Corporation of India IPO opened for subscription on Feb 16, 2021 and is all set to close down on…
Funding
Markets
Chinese cancer screening firm soars 185% in Hong Kong IPO debut
Chinese cancer screening biotech firm New Horizon Health Ltd. soared 185% on its Hong Kong debut, the latest initial public…
Finance
SEBI relaxes IPO norms, makes way for LIC listing
The Securities and Exchange Board of India (SEBI) on Wednesday relaxed minimum public offer norms. According to the new norms…
Forex
Bitcoins crosses $51,000 mark for the first time since its initial release
The notoriously famous crypto-currency known and loved by many as Bitcoins has increased almost 6% on Feb 17, 2021 and…
Banking
Citibank’s “biggest blunder in banking industry”; can’t recover $500 million paid by mistake to Revlon lenders
Citibank won’t be allowed to recover almost $500 million it mistakenly paid to cosmetic company Revlon’s lenders, a US Court…
India
RailTel IPO subscribed 1.57 times on the first day
The RailTel Corporation of India IPO was opened for subscription today and on the first day of the bidding was…
Funding
India to see $500-billion investment in renewables by 2030: IEEFA report
India is set to see investments of around $500 billion in the renewables sector by 2030 to meet its 450…
Banking
Few banks including Central Bank of India shares gain over 10%, each on potential privatization
Shares of Bank of Maharashtra, Bank of India, Indian Overseas Bank and Central Bank of India gained more than 10…
Banking
RBI forms panel to see if they can consolidate urban co-operative banks
Reserve Bank of India (RBI) set up a panel chaired by former RBI Deputy Governor N S Vishwanathan on Monday…
Markets
Heranba Industries’ IPO to raise Rs 625 crore with a price band of Rs 626
Crop protection chemical manufacturer Heranba Industries is set to launch its Rs 625-crore initial public offering on February 23. The…
Finance
Sensex closes above 52,000 mark for first time, Nifty hits 15,327
Benchmark stock index Sensex gained 610 points to closed 52,154 for the very first time on Monday. The BSE index…
Banking
Kotak Mahindra Bank launches Kotak Remit on mobile app
Kotak Mahindra Bank, on Monday, announced the launch of Kotak Remit, its outward forex remittance service, on mobile. It will…