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Institutional investors vote against Balaji Telefilms, Disa India resolutions

Institutional investors have voted against three resolutions of Balaji Telefilms and one of Disa India with their entire votes polled, while a total of 110 resolutions were favoured with 100% votes cast. A resolution of Sansera Engineering (related to change in charter documents) to approve certain articles in Articles of Association) was disapproved with 44.68% …

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Dreamfolks Services’ IPO to open on August 24; price band fixed at Rs 308-326 per share

Airport Service aggregator platform Dreamfolks Services Ltd on Monday said it has fixed a price band of Rs 308-Rs 326 for its initial public offering which will open for public subscription on Wednesday. The initial share sale will open for public subscription on August 24 and conclude on August 26. The Initial Public Offering (IPO) …

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Jaitpur Madhya Pradesh Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates

As anticipation mounts for the upcoming Jaitpur Constituency Election in Madhya Pradesh, voters are eagerly awaiting the big battle that kicks off with the announcement of key dates by the Election Commission of India. Here, we provide you with essential details about the Jaitpur Constituency Assembly Election 2023 that every voter should be aware of. …

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Petrol and diesel price August 24: Fuel cost unchanged; Check prices in Delhi, Mumbai, other cities here

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been left unchanged for more than three months by OMCs on August 24. The last country-wide change in price came on May 21, when Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol by …

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Hurricane Otis weakens to Category 4 storm while heavy rains and flash floods batter southern Mexico

Hurricane Otis slammed into Mexico’s southern Pacific coast as a catastrophic Category 5 hurricane early Wednesday, bringing dangerous winds and heavy rain to Acapulco and surrounding towns, stirring memories of a 1997 storm that killed dozens of people. Now a Category 4 storm, the hurricane was expected to continue to weaken quickly in Guerrero state’s …

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Mcap of BSE-listed firms at all-time high of over Rs 280.52 lakh crore

The market capitalisation of BSE-listed firms reached an all-time high of over Rs 280.52 lakh crore on Thursday, helped by a continuous rally in equities.The 30-share BSE Sensex ended 37.87 points or 0.06 per cent higher at 60,298. This is the benchmark’s fifth straight session of gains. Tracking rally in equities, the market capitalisation of …

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CRC Group to develop IT/ ITES project in Noida, eyes Rs 1200-cr revenue

The CRC Group, a realty player headquartered in Noida (UP), has announced the launch of its much-awaited commercial project with intelligent office spaces — CRC Flagship — in Sector 140, Noida. The company plans to invest around Rs 800 crore for developing this project and the expected revenue is Rs 1200 crore. Spanning across a …

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Mandi prices of tomato, onion sharply decline

Mandi prices of tomato and onion have witnessed a sharp decline in the last month because of improvement in supplies due to more-than-adequate monsoon rains in key producer states of Maharashtra, Karnataka, Andhra Pradesh and Madhya Pradesh. The benchmark mandi prices of tomato at Kolar in Karnataka stood at Rs 600 per quintal on Monday, …

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Indian bonds’ inclusion in global index likely in 2023, says Goldman Sachs

Indian government bonds are expected to be included in the JPMorgan Government Bond Index-Emerging Markets (GBI-EM) in 2023, according to analysts at multinational investment bank Goldman Sachs, owing to resolution of some operational issues and diversification of the index. The index monitors government bonds in emerging markets. In case India’s weight in the index reaches …

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RBI for improving data integrity to develop corporate bond market

The Reserve Bank of India (RBI) deputy governor, T Rabi Shankar, on Wednesday underlined the need to improve the level of transparency and increase the speed at which information and data in the corporate bond market move. This can be effected by elevating such disclosures akin to those maintained in the government market securities, he …

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