MUMBAI: Reliance Brands MD Darshan Mehta will step down from the top job after having steered the business for close to two decades, moving into a mentoring role within the Reliance Group, sources told TOI. “Mehta will mentor next-generation leaders and will also help evaluate and explore untapped business opportunities,” sources said. Mehta will also…
Gold prices surged by Rs 600, reaching Rs 78,050 per 10 grams in the national capital on Tuesday, driven by a strong trend in the global market, according to the All India Sarafa Association.The precious metal, with a purity of 99.9 percent, closed at Rs 77,450 per 10 grams on Monday, as increased purchasing by…
NTPC Green Energy Ltd’s IPO subscribed one-third of the total shares being offered on the first day of the bidding. It received applications for 19,46,53,968 shares against the available 59,31,67,575 shares, according to the NSE data.The shares reserved for retail investors were oversubscribed, with almost 1.5 times what was offered, according to the data. Earlier,…
NEW DELHI: BSE subsidiary Asia Index Private Ltd on Monday announced the launch of a new index called the BSE Select IPO. The index will track the performance of newly listed stocks on the exchange, whether they are introduced through a public offering or through a spin-off or demerger process. Asia Index said that the…
NEW DELHI: Solar panel maker Saatvik Green Energy has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,150 crore through an initial public offering (IPO). The Haryana-based company’s proposed IPO is a combination of a fresh issue of shares worth Rs 850 crore and an offer for sale (OFS) of Rs 300…
<p>देश में शादियों का सीजन चल रहा है. 12 नवंबर से शुरू हुआ ये सीजन 16 दिसंबर तक रहेगा. इस बीच लगभग 48 लाख शादियां होने का अनुमान है. शादियों की वजह से भारत में लगभग 6 लाख करोड़ रुपये का बिजनेस होने की भी उम्मीद है.</p> <p>ट्रैवेलिंग भी इसी बिजनेस का हिस्सा है. यही…
भारतीय बाजार बीते कई हफ्तों से लगातार गिर रहा है. सिर्फ 7 हफ्तों की बात करें तो भारतीय बाजार में निवेशकों के 50 लाख करोड़ डूब गए. हालांकि, इस बीच भारत के पड़ोसी देश पाकिस्तान का स्टॉक मार्केट (Pakistan Stock Exchange) अपने उफान पर है. 14 नवंबर को पाकिस्तान स्टॉक एक्सचेंज (PSX) 100 इंडेक्स ने…
The Ministry of Electronics and Information Technology is crafting these standards as informal guiding principles. (Image source: Freepik) Use of AI: The government is developing voluntary guidelines and ethical standards for organisations involved in artificial intelligence (AI) and generative AI operations, according to sources who spoke to ET.The Ministry of Electronics and Information Technology is…
Monthly expiry options data reveals increased call writing at 23,500 levels, suggesting continued weakness. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in trade on Tuesday. While BSE Sensex was above 78,300, Nifty50 was near 23,750. At 11:35 AM, BSE Sensex was trading at 78,383.59, up 1,045…
Indian equities are starting to appear less overvalued now. Indian stocks are starting to look less expensive, going by a much-watched valuation indicator, though there could be more earnings downgrades in small- and mid-cap stocks.Modi trade falters ahead of Maharashtra assembly pollsStocks that were expected to gain from Prime Minister Narendra Modi’s economic policy agenda…