Searched for
PERSISTENT SYSTEMS QIP PRICE
Motilal Oswal entities apply for 2.39 crore Ola Electric shares in Rs 1,000-crore rights issueMotilal Oswal Financial Services and Calliope Capital Advisors have put in their bids for shares in Ola Electric Mobility's latest rights i...
Capital gravitates towards income-generating assets as realty deals turn selectiveIndia’s real estate sector recorded 24 transactions worth $705 million in the September quarter, down 76% in value year-on-year, as large-t...
Major new US regulation on AI unlikely despite rising political focus: UBS ReportIn the United States, significant regulations on Artificial Intelligence appear improbable, as economic optimism prevails. This technology ...
₹4 lakh crore rally, ₹6,500 crore FII buying: Are IT stocks finally making a comeback?Indian IT stocks experienced a notable market value recovery of approximately ₹3.87 lakh crore in October. Foreign investors invested aroun...
Chennai flash flood risk: More school holidays, waterlogging & heavy rain; what IMD's latest warning means for Tamil Nadu till October 26Tamil Nadu is likely to witness heavy to very heavy rainfall until October 25, with heavy showers forecast on October 26. Check the latest ...
Why is the RBI pulling liquidity out of banks and injecting it back again?Reserve Bank of India has significantly reduced banking system liquidity from a peak surplus in a short time. Liquidity surged after banks ...
Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDCIndian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...
Persistent Systems launches Rs 4,265-cr QIP; floor price set at Rs 5,550/sharePersistent Systems has opened a qualified institutional placement to raise up to USD 450 million, or about Rs 4,265 crore. The IT company h...
Global Market: UK inflation rises to 3.5% in September, boosting rate hike betsUK inflation rises to 3.5% in September from 3.1% in August, exceeding expectations as higher fuel prices linked to the Iran war add to pri...
Weather updates for October 20: IMD forecast warns of rain and thunderstorms, check state-wise updatesWeather (Google Trends): The IMD has forecast heavy to very heavy rainfall at isolated places over Tamil Nadu, Puducherry and Karaikal, wit...
Indian bonds sell off on oil shock ahead of RBI policy minutesIndian government bonds experienced a significant decline due to rising oil prices, raising concerns about inflation among investors. The b...
Why the rupee remains under pressure despite lower CAD?The Indian rupee has depreciated significantly this year and is expected to weaken further due to global conditions. Despite improvements i...
Global Market: China backs IMF scrutiny of fiscal risks in major economiesChina backed the IMF’s efforts to monitor fiscal risks in major advanced economies and assess global spillover effects. PBOC Governor Pan G...
Global Market: Eurozone bond selloff to weigh on growth, curb inflation, Lagarde saysECB President Christine Lagarde warned that a global bond selloff is tightening euro zone financial conditions, raising borrowing costs and...
US imports turn costly in September, highest gain in four years: Labour Department reportUS import prices experienced a notable increase in September driven by higher costs for energy products and various goods. This rise in imp...
Urban Company board approves plan to raise Rs 2,500 crore via QIPIn a letter to shareholders, the Gurugram-based company said it had Rs 1,901 crore in cash as of September 30, while its businesses excludi...
Persistent Systems shares slide 5% despite Q2 revenue growth. Buy, sell or hold?Persistent Systems shares fell 5% despite 7.8% sequential constant-currency revenue growth in Q2FY27, as margin contraction and a sharp dec...
Stocks in news: RIL, Wipro, Jio Financial, Tata Communications, YES Bank, PNBFrom a technical perspective, the 23,000–23,100 zone remains an immediate resistance level for the Nifty, according to Ponmudi R, CEO of En...
Cemindia Projects’ Rs 1,400-crore QIP oversubscribed 2.3x; Edelweiss Life, Nuvama, Motilal MF among investorsCemindia Projects raised Rs 1,400 crore through a qualified institutional placement priced at Rs 1,108 per share, attracting 2.3 times dema...
- Global Market: Citi expects Fed to raise rates by 25 basis points in December after hot US inflation data
Citigroup now expects the US Federal Reserve to raise interest rates by 25 basis points in December following hotter-than-expected Septembe...