Byju’s, the troubled edtech giant based in Bengaluru, is grappling with a pressing payroll dilemma as it grapples to fulfill its financial commitments. With over 20,000 employees eagerly anticipating their February salaries, the company is on the verge of missing the March 10 deadline due to complications stemming from its recent rights issue. As per…
Nvidia, the semiconductor powerhouse renowned for its AI innovations such as ChatGPT, is swiftly closing in on Apple‘s position as the world’s second-most valuable company. In an astonishing surge fueled by advancements in artificial intelligence, Nvidia’s market capitalization has skyrocketed from $1 trillion to over $2 trillion in a mere nine months. Along this meteoric…
Electoral bonds: A constitution bench comprising five judges, led by Chief Justice of India D Y Chandrachud, will also consider a contempt plea filed by ADR, which accuses the State Bank of India of intentionally prolonging proceedings. On March 11, the Supreme Court is set to review an application submitted by the State Bank of…
SJVN shares increased 3.39 percent on Thursday, reaching an intraday high of Rs 123.50. The stock subsequently closed 1.63 percent higher, at Rs 121.40. The multi-bagger stock has gained 265.44% in the last year. The surge in the share price today followed an announcement from the company stating that SJVN Green Energy, a wholly-owned subsidiary…
Tata Chemicals: In early trade on March 7, Tata Chemicals shares shot up 14% to reach a 52-week high of Rs 1,349 on NSE, extending gains to the sixth session in a row. Since the company announced on March 1 that Fitch Ratings had reaffirmed its Long Term Foreign Currency Issuer Default Rating (IDR) at…
Mukka Proteins: Despite the anticipation surrounding Mukka Proteins’ Rs 224-crore public offering, it fell short of expectations. Nonetheless, upon its listing on March 7, the company’s stock soared with a 43 percent premium over its issue price. However, the grey market presented a contrasting scenario, with shares experiencing substantial triple-digit gains. This disparity highlights the…
Mukka Proteins IPO: On Tuesday, March 5, the Mukka Proteins IPO allotment was finalized. On March 07, the business is anticipated to arrive on Dalal Street. On March 6, the investors who applied for the offering and were allocated shares would get them in their demat account. Both the registrar’s website and BSE offer the…
Gopal Snacks IPO: The price range for each equity share, with a face value of Re 1, has been established between ₹381 and ₹401. The IPO is available for subscription today (March 6). The company’s offering to raise ₹193.94 crores from anchor investors will close on March 11. Anchor investors received 48,36,657 equity shares valued…
JM Financial shares price fell more than 19% in early trade on Wednesday after the Reserve Bank of India (RBI) prohibited JM Financial Products Ltd from making loans against shares and debentures due to regulatory and governance issues. JM Financial shares slumped 19.29% to ₹77.10 on the BSE. JM Financial Products has also been forbidden…
Exicom share price: Exicom Tele-Systems Limited’s equity shares debuted on the BSE and NSE today, trading at a whopping 86 percent premium above the issue price of ₹135 to ₹142 per share. Exicom’s stock price began trading at ₹264 on the BSE, but it opened at ₹265 on the NSE. But despite a great start…
