Bajaj Housing Finance, a subsidiary of the Bajaj Group and backed by Bajaj Finance and Bajaj Finserv, has submitted a draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) for its proposed initial public offering (IPO) aiming to raise to Rs 7,000 crore. The business had previously said that a…
Bank holiday on May 1st: Banks in multiple states will be closed on May 1 in observance of Maharashtra Day, which commemorates the creation of the Maharashtra state in India. Maharashtra Day signifies the anniversary of the state’s official formation in 1960 following the reorganization of states based on linguistic criteria. In several states, banks…
HUDCO shares: HUDCO, a standout performer in the stock market, soared by 15% to hit an unprecedented high on Friday, signaling a remarkable one-year surge of 369%. This surge marks the sixth consecutive day of gains for HUDCO shares, propelled by optimistic sentiments regarding its business prospects after the government bestowed Navratna status upon the…
Paytm shares: Paytm’s pricing band has been revised from 20% to 10%, and it was locked at Rs 438.35, down 10%. For the third consecutive session on Monday, shares of One 97 Communications Ltd (Paytm) were restricted by lower circuit limits of 10% amid concerns raised by a media report indicating that the Reserve Bank…
