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BusinessToday.In
New Delhi, December 6, 2019
Saudi Arabia's state oil company Aramco raised $25.6 billion in its initial stock offering. The amount raised has broken the record of Chinese online giant Alibaba's $25 billion-debut on the Wall Street in 2014. The market launch has spiked Saudi Aramco's value at $1.7 trillion. It is now way ahead of the other contenders in the trillion-dollar club - Apple at $1.2 trillion and both Microsoft and Alibaba at $1.1 trillion. However, it fell short of Crown Prince Mohammed bin Salman's target of $2 trillion. Saudi Aramco will begin trading three billion shares on the country's Tadawul stock exchange on December 12 at a starting price of 32 riyals or $8.53. The new private shareholders are mostly Saudis. The government used a series of initiatives to encourage Saudis to buy a stake in the kingdom's crown jewel. Watch the video for more.


BusinessToday.In
New Delhi, December 6, 2019
Moody's downgrades YES Bank ratings ahead of fund raising plan; Air India net loss at all-time high of Rs 8,550 crore in FY19; Chidambaram lists economists that Modi govt 'banished' and more news on News Blast.


BusinessToday.In
New Delhi, December 6, 2019
Saudi Aramco raises $25.6 billion in largest-ever IPOSaudi Arabia's state oil company Aramco raised $25.6 billion in its initial stock offering on Thursday. The amount raised has broken the record of Chinese online giant Alibaba's $25 billion-debut on the Wall Street in 2014. The market launch has spiked Saudi Aramco's value at $1.7 trillion. It is now way ahead of the other contenders in the trillion-dollar club.'I condemn this approach': FM Sitharaman says her onions remark take...


BusinessToday.In
December 6, 2019
Moody's cited stressed assets and low loss-absorbing buffers against those assets for the downgrade, which may add pressure to its funding and liquidity


PTI
December 6, 2019
Traders said positive opening in domestic equities, easing crude oil prices and fresh foreign fund inflows supported the domestic currency


PTI
Noida, December 6, 2019
The Greater Noida Industrial Development Authority said it is in consistent talks with farmers in the region to purchase their lands with their consent


BusinessToday.In
New Delhi, December 6, 2019
Saudi Aramco IPO: The amount raised has broken the record of Chinese online giant Alibaba's $25 billion-debut on the Wall Street in 2014


BusinessToday.In
December 5, 2019
SBI share had hit an intra day high of Rs 344.35 in morning trade on BSE


Reuters
December 5, 2019
The cargoes are being offered on a free-on-board basis from the Sabine Pass and Cove Point LNG plants


BusinessToday.In
December 5, 2019
The IPO of Ujjivan Small Finance Bank received bids for 2,053.5 crore shares against the issue size of 12.39 crore shares


BusinessToday.In
December 4, 2019
Stocks in the news: Bharti Airtel, Ashok Leyland, IL&FS, Artson Engineering, Vaibhav Global, TTK Prestige, Canara Bank, Tata Power and other stocks will remain in focus on Thursday's trading session


BusinessToday.In
December 4, 2019
Earlier in the day, CSB Bank share opened 41% higher at Rs 275 on BSE compared to its issue price of Rs 195


BusinessToday.In
December 4, 2019
1,04,59,949 equity shares  of UTI AMC will be on offer under the IPO route


PTI
December 4, 2019
According to Tyagi, audit firms are important gatekeepers who help companies put out results and financial performance to the stock exchanges, based on which investors take the call whether to invest or not


BusinessToday.In
New Delhi, December 4, 2019
Extending losses for the third consecutive session, YES Bank shares fell 4.53 per cent in early trade on Wednesday. The stock, however, pared its early losses and zoomed as much as 10.73 per cent to Rs 63.15


BusinessToday.In
December 4, 2019
Share of CSB Bank added 11.63% to its debut price to hit an intra day high of Rs 307 on BSE


BusinessToday.In
December 4, 2019
Share of CSB Bank made its debut at Rs 275 on BSE, 80 points higher than the issue price of Rs 195


BusinessToday.In
New Delhi, December 4, 2019
CSB Bank IPO: The IPO through which the bank plans to raise Rs 410 crore started on November 22; price band for CSB Bank IPO was fixed at Rs 193-195 per share


BusinessToday.In
December 3, 2019
Shares of Kerala-based CSB Bank will get listed on exchange bourses BSE and NSE today


BusinessToday.In
December 3, 2019
CSB Bank IPO through which the lender plans to raise Rs 410 crore started on November 22


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