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Company / The Economic Times

Piotex Industries IPO: Check issue size, price band, GMP and other details

The company aims to raise about Rs 14.5 crore through the SME IPO and list the shares on BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

10 May 2024 10:06 am
Winsol Engineering IPO allotment expected today. Check status, GMP and listing date

Investors can check the status of Winsol Engineering IPO allotment by logging in to the official website of the registrar, which is Kfin Technologies in this case.

10 May 2024 9:58 am
Solar stocks outshine with up to 1,318% return in 1 year. Whos driving the bull run?

Waaree Renewable Technologies, a smallcap solar company, has emerged as the leading gainer in the solar sector, boasting an astounding annual return of 1,318%. It is followed by WAA Solar with a gain of 561%, Zodiac Energy with 393%, and SJVN with 236%.

10 May 2024 9:25 am
Making Adjustments to Deal with West Asian Crisis, Says L&T CFO

Larsen & Toubro (L&T), a leading engineering firm, saw its stock price drop to a two-month low of Rs 3,290, declining by 6% on the Bombay Stock Exchange (BSE) on Thursday following a reduction in its margin forecast. But L&T remains optimistic about its engineering, procurement, and construction (EPC) sector, as well as its ventures in green energy.

9 May 2024 11:54 pm
Indian Overseas Bank Q4 Results: Net profit zooms 24% YoY to Rs 808 crore

Chennai-based Indian Overseas Bank reported a 24% increase in net profit for the quarter ended March 2024 on higher interest income. Net profit for the quarter was Rs 808 crore as against Rs 650 crore for the quarter ended 31st March 2023.

9 May 2024 9:36 pm
Avinash Ramesh Godkhindi re-appointed as MD, CEO of Zaggle

Zaggle Prepaid Ocean Services, the parent company of fintech startup Zaggle, re-appoints Avinash Ramesh Godkhindi as MD and CEO. Godkhindi, with Zaggle since 2012, led Citibank's PremierMiles card launch in India. A University of Chicago Booth School of Business alumnus, he brings two decades of financial and fintech experience to Zaggle, founded by Raj P Narayanam in 2011. The company went public in 2023 with its IPO.

9 May 2024 5:43 pm
Millennials turning towards new-age investment instrument fractional investing

Millennials dominate 60% of fractional investments, as per Grip Invest. The report highlights the transformative power of fractionalization, attracting investors as young as 21. With 77% preferring a DIY approach, the platform sees a growing trend among Gen X as well. Market volatility and reduced ticket sizes are driving this shift

9 May 2024 4:19 pm
Putin says nuclear forces 'always' on alert in Victory Day speech

In a defiant address on Red Square, President Vladimir Putin asserted Russia's nuclear readiness and determination to defend against Western threats. He praised Russian forces in Ukraine and accused Western elites of instigating global conflicts. The Victory Day parade, commemorating the Soviet Union's WWII victory, was marked by Putin's warnings and increased nuclear rhetoric. Despite tensions, several world leaders attended, while Armenia's PM, amidst a spat with Russia, notably did not. Putin

9 May 2024 2:04 pm
Double-engine govt dealt double blow to farmers, labourers: Kumari Selja

Congress general secretary Kumari Selja criticized the BJP governments at both the Centre and in Haryana, accusing them of failing farmers, laborers, and other segments of society over the past decade. While campaigning in Sirsa Lok Sabha constituency, Selja highlighted unfulfilled promises such as doubling farmers' income and creating 2 crore jobs annually. She criticized the Modi government for not delivering on its pledges and accused it of divisive politics and economic mismanagement, emphas

9 May 2024 1:57 pm
LTIMindtree shares decline 1.44% as Sensex slides

A total of 4,687 shares changed hands on the counter till 01:28PM (IST)

9 May 2024 1:28 pm
Bharat Forge stock price up 0.86 per cent as Sensex slides

As of 31-Mar-2024, promoters held 45.25 per cent stake in the company, while FIIs held 16.47 per cent and domestic institutional investors had 19.82 per cent.

9 May 2024 10:45 am
Ashok Leyland shares down 0.05% as Nifty drops

A total of 468,739 shares changed hands on the counter till 10:40AM (IST).

9 May 2024 10:40 am
Defence attacks Stormy Daniels' credibility as she returns to the stand in Trump's hush money trial

Stormy Daniels testifies in Trump's hush money trial, key to accusations of illegal campaign influence. Defense questions her salacious testimony. Trump denies the encounter, facing 34 falsifying records charges.

9 May 2024 10:00 am
Indegene IPO allotment likely today: Check status, listing date, GMP and other details

Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website.

9 May 2024 9:49 am
Energy-Mission Machineries IPO: Check issue size, price band, GMP and other details

The company intends to raise approximately Rs 41 crore through its SME IPO and plans to list the shares on the NSE SME platform. Here are 10 essential points investors should consider before subscribing to the issue.

9 May 2024 9:45 am
Throwback to Deepika Padukone Ranveer Singh's wedding pics

Ranveer Singh Deepika Padukone wedding: Fans went berserk after noticing that Ranveer Singh has deleted many of his pictures, including those of his wedding with Deepika Padukone.

9 May 2024 9:30 am
Mother's Day 2024 date, gift: Last minute ideas to wish Mom

Mother's Day 2024 is just around the corner and there is still some time left to decide on a gift for your mother if you haven't already. Many do not possess the 'gifting knack' in them and we are here to help them with a set of ideas with which you can express your love and respect to the person who has been beside you through thick and thin.

9 May 2024 12:00 am
PM Modi says Congress got election funds from Ambani and Adani

Rahul Gandhi has on several occasions alleged that Ambani and Adani groups have received undue favours from the Modi government while other business houses and the common people have suffered economically.

8 May 2024 11:59 pm
State-run cos thriving under PM Modi's leadership: FM Nirmala Sitharaman

A high-level expert panel on floor wages in India is set to re-examine the wage rates finalised earlier, considering minimum wages notified by all states across three categories. The panel, led by SP Mukherjee, will hold its final meeting on May 27 and submit its report to the new government by June 2024. The three-year term of the expert committee, established in 2021, will end on June 30, 2024. The report is expected to outline a roadmap for periodic review of floor wages based on updated data

8 May 2024 11:56 pm
RIL gears up to host India house at Olympics

Reliance Foundation and IOA to host India House at Paris Olympics 2024, showcasing Indian culture and serving as a 'home away from home' for athletes and families. The initiative highlights India's history and aspirations in the realm of sports.

8 May 2024 11:55 pm
Sam Pitroda forced to quit post as his comments give BJP ammunition to target Congress

As the row escalated, Congress announced that Pitroda resigned on his own. Mr. Sam Pitroda has decided to step down as chairman of the Indian Overseas Congress of his own accord. The Congress president has accepted his decision, said AICC communication in-charge Jairam Ramesh on X.

8 May 2024 11:54 pm
NDA is already near 200 seats, on track to get past 400: Amit Shah

Union Home Minister Amit Shah is confident that the BJP will achieve its 400-paar figure this election and says the party would win up to 200 of the 283 seats in the first three phases alone. In an interview with Rahul Tripathi and Pranab Dhal Samanta, he says that elections will be held in Jammu & Kashmir according to court dates and opposes any reservation based on religion. Excerpts:

8 May 2024 11:48 pm
Esaf Small Finance Bank Q4 Results: Net profit plunges 57% YoY to Rs 43 crore

The bank's operating profit was 30% higher at Rs 285 crore against Rs 219 crore but provisions and contingencies at Rs 226 crore against Rs 82 crore pulled the net profit down.

8 May 2024 9:33 pm
Market Trading Guide: Tata Communications, Motherson Sumi Wiring among 5 stock recommendations for Thursday

Declining for the second straight session, the 30-share BSE Sensex fell 0.06% to settle at 73,466. The NSE Nifty remained unchanged at 22,302.50.

8 May 2024 9:21 pm
Amit Shah's deep fake video probe: Police suspect Congress' Arun Beereddy to be 'main' creator

Delhi Police suspect Arun Beereddy, the national coordinator of Congress' social media team, as the main creator of a fake video of Union Home Minister Amit Shah. Beereddy was arrested on May 3 and sent to custody for further interrogation by the Delhi Police's Special Cell. Investigations have revealed more names suspected to be Beereddy's associates and those who helped him create the fake video and spread misinformation during the elections. The Special Cell has conducted raids in Hyderabad a

8 May 2024 9:01 pm
Karnataka sex tapes: Kumaraswamy and Shivakumar trade charges as JDS workers hold protests

JDS supporters held demonstrations in Hassan, urging Chief Minister Siddaramaiah to remove Deputy CM DK Shivakumar from the Cabinet over allegations of involvement in distributing pen drives containing explicit videos. They called for the case to be transferred to the CBI for an unbiased investigation.

8 May 2024 8:56 pm
BJP names candidates for 3 Lok Sabha seats in Punjab

All 13 Lok Sabha seats in the state will go to the polls in the seventh phase of the Lok Sabha election on June 1. The BJP has already named its candidates for most of the seats.

8 May 2024 8:53 pm
Great, green and trashy New Delhi: Danish envoy slams govt for garbage-ridden service lane near embassy

Danish Ambassador Freddy Svane has expressed his sadness over a litter-filled service lane near the Danish Embassy in New Delhi. Svane posted a video on X, highlighting the debris and trash scattered along the lane. He also pointed out the Danish and Greek embassy buildings on both sides of the lane. The embassy is located in Chanakyapuri, the main diplomatic enclave in the capital.

8 May 2024 8:47 pm
Corporate Trends

A recent warning regarding drip pricing was issued by the Department of Consumer Affairs, which warned customers of the practice.

8 May 2024 3:20 pm
Beware of Drip Pricing, says govt. What is drip pricing? How to stay safe?

A recent warning regarding drip pricing was issued by the Department of Consumer Affairs, which warned customers of the practice.

8 May 2024 3:19 pm
Mumbai and Delhi feature among the World's Top 50 Wealthiest cities, surpassing Washington DC

Mumbai and Delhi have secured positions among the world's top 50 wealthiest cities, surpassing Washington DC in wealth concentration. This ranking, released by Henley and Partners, highlights the economic prowess of these Indian cities and their growing appeal to high-net-worth individuals (HNWIs).

8 May 2024 3:07 pm
Marico shares up 1.99% as Sensex falls

A total of 200,312 shares changed hands on the counter till 11:26AM (IST)

8 May 2024 11:25 am
Infosys, Bajaj Finance among 9 stocks that earned downgrades in last 1 month

Infosys, Bajaj Finance, Wipro, HDFC Bank, HUL, Dalmia Bharat, Bandhan Bank, CIE Automotive, AU SFB target prices downgraded by brokers, indicating revised average target prices and upside potential.

8 May 2024 11:15 am
IPL: McGurk, Porel and spinners keep Delhi Capitals afloat; beat Rajasthan Royals by 20 runs

Delhi Capitals secured a 20-run win over Rajasthan Royals to stay alive in the IPL play-offs race. Spinners Axar Patel and Kuldeep Yadav played a key role in the victory. Jake Fraser-McGurk and Abhishek Porel's power-hitting took DC to a challenging 221 for eight. The Royals, who were going strong, lost momentum after skipper Sanju Samson was dismissed in the 16th over, ending up at 201 for 8. Left-arm spinner Kuldeep and right-arm spinner Axar exhibited impressive control over line and length,

8 May 2024 12:03 am
Postpone farmers' dole payout until polls: EC to Revanth Reddy government

Telangana CM's violation of MCC leads ECI to defer 'Rythu Bharosa' funds until after elections, citing interference with rabi crop instalments and attempts to influence voters.

8 May 2024 12:01 am
India's Kajaria Ceramics posts surprise Q4 profit drop on higher costs

India's Kajaria Ceramics reported a surprise drop in fourth-quarter profit on Tuesday, hurt by increased costs and weak demand.

7 May 2024 9:20 pm
Delivered Maratha quota in 'record time', says Eknath Shinde; slams opposition MVA

Maharashtra Chief Minister Eknath Shinde has criticized the Maha Vikas Aghadi (MVA) for not fulfilling its promise of granting a 10% Maratha reservation to the community. Shinde claimed that the opposition coalition used the Maratha community for political gain and denied them reservation. He defended the government's decision, stating that the Maratha community was socially and economically backward. Shinde called for the opposition to support the government's decision and urged the community t

7 May 2024 7:55 pm
Indian Bank aims to make over Rs 1 lakh crore digital transactions: MD & CEO Shanti Lal Jain

Indian Bank on Monday reported a 55 per cent jump in its net profit to Rs 2,247 crore for the January-March 2024 quarter as compared to a net profit of Rs 1,447 crore made last year.

7 May 2024 7:29 pm
Bangladesh vs Zimbabwe 3rd T20 Highlights: Bangladesh sets 166-run target in Chittagong

Bangladesh vs Zimbabwe 3rd T20 Highlights: In the third T20 clash between Bangladesh and Zimbabwe, Bangladesh posted a target of 166 runs for Zimbabwe to chase at Zahur Ahmed Chowdhury Stadium in Chittagong. Bangladesh achieved a score of 165-5 in 20 overs, led by Towhid Hridoy with 57 runs and Jaker Ali with 44. Zimbabwe's B. Muzarabani claimed 3 wickets for 14 runs. Zimbabwean captain Sikandar Raza chose to field first.

7 May 2024 5:00 pm