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Cement Manufacturer Nuvoco Vistas Receives Sebi Nod For Rs 5,000 Crore IPO

Cement Manufacturer Nuvoco Vistas Receives Sebi Nod For Rs 5,000 Crore IPO

Edited by Peter Noronha | Tuesday July 20, 2021

Nuvoco Vistas Corporation's IPO will comprise a fresh issue of shares aggregating up to Rs 1,500 crore and an Offer for Sale (OFS) of up to Rs 3,500 crore by the promoter

Zomato Raises $1.26 Billion In IPO At Upper End Of Price Band: Report

Zomato Raises $1.26 Billion In IPO At Upper End Of Price Band: Report

Reuters | Tuesday July 20, 2021

Zomato's IPO was strongly backed by investors attracting bids worth $46.3 billion as it was more than 38 times oversubscribed when the books closed on Friday

Rupee Pares Initial Losses, Settles Higher To 74.61 Against Dollar

Rupee Pares Initial Losses, Settles Higher To 74.61 Against Dollar

Edited by Nikita Prasad (With inputs from Agencies) | Tuesday July 20, 2021

Rupee Vs Dollar Rate: At the interbank foreign exchange market, the local unit witnessed heavy volatility today as it opened weaker at 74.93 against the dollar and touched an intra day high of 74.55.

Loans Worth Rs 26,000 Crore Disbursed Under Stand Up India Scheme In Five Years

Loans Worth Rs 26,000 Crore Disbursed Under Stand Up India Scheme In Five Years

Edited by Animesh Singh | Tuesday July 20, 2021

According to official figures, a total of 1,16,266 persons have been given loans worth Rs 26,204 crore since the Stand Up India scheme began.

Sensex Falls 355 Points, Nifty Settles Below 15,650 Dragged By Banks

Sensex Falls 355 Points, Nifty Settles Below 15,650 Dragged By Banks

Edited by Abhishek Vasudev | Tuesday July 20, 2021

Selling pressure was broad-based as all the 11 sector gauges, barring the index of FMCG shares, ended lower.

Asian Paints Gains 6% After Profit More Than Doubles In June Quarter

Asian Paints Gains 6% After Profit More Than Doubles In June Quarter

Edited by Nikita Prasad | Tuesday July 20, 2021

Asian Paints Share Price: Its share price gained more than six per cent with the announcement of the quarterly results. It opened on the BSE at Rs 2,992, swinging to an intra day high of Rs 3,178

Glenmark Life Sciences IPO To Open On July 27. Here's All You Need To Know

Glenmark Life Sciences IPO To Open On July 27. Here's All You Need To Know

Edited by Peter Noronha | Tuesday July 20, 2021

Glenmark Life Sciences' IPO will consist of a fresh issue of Rs 1,060 crore and an offer for sale of up to 6.30 million shares by Glenmark Pharmaceuticals

Government Seeks Approval For Rs 23,675 Crore Extra Spending

Government Seeks Approval For Rs 23,675 Crore Extra Spending

Reuters | Tuesday July 20, 2021

The extra spending is on top of the budgeted Rs 34.83 lakh crore announced for the 202122 fiscal year in February.

Swiggy Raises $1.25 Billion In Funding From Prosus, SoftBank

Swiggy Raises $1.25 Billion In Funding From Prosus, SoftBank

Reuters | Tuesday July 20, 2021

Goldman Sachs and Qatar Investment Authority were among the notable investors to join the unicorn's latest fundraising.

Sensex, Nifty Off Day's Lows; Banking Shares Worst Hit

Sensex, Nifty Off Day's Lows; Banking Shares Worst Hit

Reuters | Tuesday July 20, 2021

Stock Market Updates: By 1:30 pm, the NSE Nifty 50 index was down 0.62 per cent at 15,654.05and the S&P BSE Sensex was down 0.48 per cent at 52,301.85

Government Cleared More Than 53 Lakh Loans During June-End Period Of 2021-22

Government Cleared More Than 53 Lakh Loans During June-End Period Of 2021-22

Edited by Animesh Singh | Tuesday July 20, 2021

Credit Guarantee Scheme: Loans worth Rs 2,72,007 crore between April-June period of 2021-22 were cleared under the scheme.

Sensex Drops 500 Points, Nifty Below 15,600; HDFC Bank, ICICI Bank Top Drags

Sensex Drops 500 Points, Nifty Below 15,600; HDFC Bank, ICICI Bank Top Drags

Edited by Abhishek Vasudev | Tuesday July 20, 2021

Shares of Adani Group companies were down between 0.4 per cent and 5 per cent on news that securities regulator and customs authorities were investigating some of the group companies.

HCL Tech Slides Over 2% Post June Quarter Results

HCL Tech Slides Over 2% Post June Quarter Results

Edited by Peter Noronha | Tuesday July 20, 2021

HCL Tech reported a 9.9 per cent rise in consolidated net profit to Rs 3,214 crore for the first quarter ended June 2021

Gold Price Today: Yellow Metal Shows Good Rise

Gold Price Today: Yellow Metal Shows Good Rise

Edited by Animesh Singh | Tuesday July 20, 2021

Gold, Silver Price Today, July 20, 2021: Yellow metal rates on the Multi Commodity Exchange stood at Rs 48,279 per 10 grams. Silver prices also rose.

ACC Surges 7% Hits Fresh 52-Week High On Strong June Quarter Earnings

ACC Surges 7% Hits Fresh 52-Week High On Strong June Quarter Earnings

Edited by Abhishek Vasudev | Tuesday July 20, 2021

ACC's EBITDA or earnings before interest, tax, depreciation and amortization (EBITDA) also known as operating profit jumped 65 per cent to Rs 869 crore.