The finalisation of basis of allotment will be processed on July 20, while the initiation of refunds will be done on 21 July. The credit of shares to demat account will take place on 22 July and the shares will be listed on BSE, NSE on July 23, 2020

The IPO consists of a fresh issue and an offer-for-sale by its two promoters-Edward Menezes and Sunil Chari. Currently, Edward Menezes and Sunil Chari hold 42.10% and 42.05% stake as promoters of the company, while the public shareholding stands at 4.9%

Other metro cities also saw marginal rise prices; in Mumbai ,petrol costs 2 paise more at Rs 87.19 and diesel Rs 10 paise more at 79.05 per litre

People who have missed the rally are wondering if they should invest now. Many investors with good exposure to the yellow metal are pondering over liquidating and locking in some gains

This is first of a two-part series that highlights how growth is not working for the majority and wealth and income are increasingly concentrating at the very top 1% and 0.1%, at the cost of the rest

Diesel prices on Monday were hiked by 13 paise a litre and petrol prices by 5 paise per litre. Including Monday's hike, the prices have been hiked for twenty two times in a month, amounting to about Rs 9.17 for petrol and Rs 11.14 for diesel

The government has extended income tax returns (ITR) filing deadline for FY 2019-20 to November 30, 2020, from July 31

Bharat Bond ETFs are an opportunity to invest in AAA-rated PSUs at low cost with predictable returns and equities-like liquidity

Share price of Tata Group firm which stood at Rs 200 on March 19, 2020 rose to Rs 606 on June 22, tripling wealth of investors during the period

Petrol and diesel prices were increased by 55 paise and 69 paise in Delhi, taking the price per litre to Rs 77.28 and Rs 75.79, respectively; Mumbai saw rates going up by 53 paise and 57 paise to Rs 84.15 and Rs 74.32, respectively

Stock Market LIVE Updates: PowerGrid, NTPC, SBI, UltraTech Cement, M&M, HDFC Bank and Kotak Bank were among the top losers on Sensex pack. On the contrary, Maruti, Tech Mahindra, Axis Bank and Infosys were among the gainers

Commenting on preparations in view of the coronavirus crisis, L&T said that it has taken a number of measures to handle the prevalent domestic challenges and global volatility

Stock Market LIVE Updates: Companies set to announce their earnings are State Bank of India, L&T, Jyothi Labs, Exide Industries, Saregama, Alkem Laboratories, Greaves Cotton, Gujarat Gas among others.

Stock Market LIVE Updates: Ceat, Agro Tech Foods, Daawat, Federal Bank, Lupin, Muthoot Finance, Radico, TVS Motors, Wendt among others will announce will be reporting their quarterly results today.

Protecting user data, enhanced capital support to start-ups and changes in IT sector laws can transform India into a digitally empowered society

The traditional approach of pumping money into banks to push liquidity to corporates and NBFCs is not working. It's time to change the strategy

Sensex, Nifty Live News Today: SBI Cards and Payment Services, Adani Gas, Shree Cement, Procter & Gamble Hygiene & Health Care, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Capital among others will be reporting their March quarterly results today

Amazon VP Tim Bray quits, calls company 'chickenshit' for firing workersTim Bray, a senior software engineer at Amazon, has stepped down from office citing the company's decision to fire protesting employees who called out its labour practices. In an open letter titled 'Bye, Amazon' on his website, he declared that May 1 was his last day as the Vice President and distinguished engineer at Amazon Web Services after five years and five months. Calling his stint at Amazon rewarding f...

As India tightens FDI norms, Chinese firms and investments may face regulatory and consumer backlash. The friction between Asian giants could be the beginning of an adversarial chapter in trade

With US-based Franklin Templeton  Mutual Fund closing its six credit fund schemes effective from April 23, 2020, liquidity shortage in the Indian capital markets has become evident