Business

NEW DELHI INDIA: The initial public offer of Indo Farm Equipment Ltd got subscribed nearly 6 times within hours of opening for bidding on Tuesday. The initial share sale received bids for 5,00,12,580 shares, as against 84,70,000 shares on offer, translating into 5.90 times subscription, as per NSE data till 11:57 hours. The Retail Individual Investors (RIIs) part fetched 8.54 …

Women may be at risk of missing out on opportunities at work as they are less likely to go into the office than men, the boss of the world’s biggest building society has said. Speaking to BBC R4’s Today programme, Nationwide chief executive Debbie Crosbie said it was important for career growth to have a “physical presence” in the workplace. …

NEW DELHI: India reported a massive decline in Foreign Portfolio Investment (FPI) inflows during 2024, registering a 99 per cent decline compared to the preceding year, according to the National Securities Depository Limited (NSDL).The NSDL data indicated that net FPI inflows reduced from Rs 1.71 lakh crore in 2023 to Rs 2,026 crores in 2024. Financial analysts attribute this decline …

NEW DELHI: Waaree Renewable Technologies Ltd (WRTL) on Tuesday said it has secured its largest-ever order of 2 GW solar project from Sunbreeze Renewables Nine Pvt Ltd, a Special Purpose Vehicle (SPV) of Jindal Renewables. The project will be implemented in Bikaner, Rajasthan, utilizing advanced technologies and sustainable solutions to enhance energy efficiency and maximize generation, a company statement said. …

NEW DELHI: Shares of Unimech Aerospace and Manufacturing Ltd on Tuesday made a strong debut on the stock exchange with an impressive 90 per cent premium above its Rs 785 issue price. The shares began trading at Rs 1,491 on the BSE, marking an 89.93 per cent increase from the issue price while on the NSE, trading began at Rs …

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails The Ford Motor Company’s social media site was hacked Monday with messages posted in support of Gaza and against Israel appearing to come from Ford. …

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Laura Loomer again attacked Donald Trump’s “best buddy” Elon Musk on Monday, this time for being a “welfare queen” who has profited from both hefty …

NEW DELHI: India’s current account deficit (CAD) is to remain in a safe zone at approximately 1 per cent of GDP for fiscal 2025, up from 0.7 per cent in the previous year, according to a report by CRISIL.While geopolitical risks will require close monitoring, the strong financial inflows and a steady services trade surplus are expected to provide stability.India’s …

NEW DELHI: The Reserve Bank of India (RBI) has highlighted that while household debt in India has been on the rise over the past three years, it remains relatively low compared to other emerging market economies (EMEs).It said, “At 42.9 per cent of GDP (at current market prices) in June 2024, India’s household debt is relatively low compared to other …

Technical Analysis shows bearish pressure, with Choice Broking’s Hardik Matalia noting significant selling at higher levels. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Tuesday, the last trading day of 2024. While BSE Sensex was below 77,900, Nifty50 was just above 23,550. At 9:17 AM, BSE Sensex was trading at …