The country's largest insurer LIC on Tuesday made a lacklustre debut on stock exchanges, listing at over 8 per cent discount after a successful initial public offering (IPO) which fetched ₹20,557 crore to the exchequer.
Published on May 17, 2022 03:40 PM IST
Indian fintech giant Paytm listed on the market with an issue size of ₹18,300 crore in November but it turned into a big disappointment due to, what analysts said, overpriced listing. Here is a list of some of the biggest IPOs in India and in the world.
Published on May 17, 2022 02:56 PM IST
HT News Desk | Written by Ishika Yadav
Twitter chief executive Parag Agrawal said the platform suspends more than a half-million seemingly bogus accounts daily, usually before they are even seen, and locks millions more weekly that fail checks to make sure they are controlled by humans and not by software.
Published on May 17, 2022 02:06 PM IST
As a single mother, navigating finances with the burden of loans and high credit card bills can be an uphill climb. Find out how you can make the journey smoother.
Published on May 17, 2022 02:05 PM IST
Wholesale prices rose 15.08% in April from a year earlier, data released by the Commerce Ministry showed Tuesday.
Published on May 17, 2022 12:30 PM IST
- Founded in 1956 by nationalising and combining more than 240 firms, LIC has for decades been the synonymous with life insurance until the entry of private companies in 2000, experts say. The LIC IPO - India's largest - fetched the government ₹20,557 crore.
Published on May 17, 2022 11:24 AM IST
Written by Ishika Yadav | Edited by Swati Bhasin
- Traders will also watch for central bank intervention if the currency racks up sharper losses during the session.
Published on May 17, 2022 09:53 AM IST
- Sensex rallies 362 points to 53,336 in early trade, Nifty climbs to 15,964.
Published on May 17, 2022 09:35 AM IST
LIC market debut: The LIC IPO has been the country's largest so far but a weak debut comes as a disappointment.
Published on May 17, 2022 09:22 AM IST
There’s no evidence that thieves have used the hack to improperly access Tesla vehicles. The carmaker didn’t respond to a request for comment. NCC provided details of its findings to its clients in a note on Sunday, an official there said.
Updated on May 17, 2022 07:41 AM IST
Elon Musk's offer to buy Twitter at $44 billion has garnered attention of techies world over.
Published on May 17, 2022 06:17 AM IST
LIC is the biggest IPO offering in the country, and had closed with nearly 3 times subscription, mostly by retail and institutional buyers. The foreign investor participation was muted.
Published on May 16, 2022 07:36 PM IST
HT News Desk | Edited by Aryan Prakash
- G7 agriculture ministers meeting in Germany said that such measures "would worsen the crisis" of rising commodity prices. "If everyone starts to impose export restrictions or to close markets, that would worsen the crisis," German Agriculture Minister Cem Ozdemir said.
Published on May 16, 2022 05:13 PM IST
McDonald's in March closed all of its 850 restaurants in the country, where it says it employs 62,000 people.
Published on May 16, 2022 04:59 PM IST
Bitcoin fell 5% to around $29,700 on Monday in Asian trade, sliding alongside stocks because of worries about high inflation and rising interest rates.
Published on May 16, 2022 03:49 PM IST
Apollo Global Management Inc. is planning to lend about $1 billion to developers in India this year, betting on a recovery in the residential property market as the pandemic eases.
Published on May 16, 2022 03:42 PM IST
Among the Sensex firms, NTPC, Bajaj Finance, Maruti, State Bank of India, HDFC, Kotak Mahindra Bank, M&M, IndusInd Bank, Larsen & Toubro, Titan and HDFC Bank were the biggest gainers.
Published on May 16, 2022 03:36 PM IST
It would result in end users paying a price of ₹400 a dose, including taxes and administration charges, the company said in a statement.
Published on May 16, 2022 02:03 PM IST
The 30-share BSE benchmark was trading 273.74 points higher at 53,067.36 in early deals. The broader NSE Nifty gained 91.1 points to 15,873.25.
Updated on May 16, 2022 09:56 AM IST
Prime Minister Narendra Modi’s government raised $2.7 billion by selling shares in Life Insurance Corporation of India, including to millions of families nationwide that hold LIC policies.
Published on May 16, 2022 08:51 AM IST
Ambuja and ACC have a combined capacity to produce at least 70 million tonnes of cement annually, second to UltraTech Cement which has 120 million tonnes capacity.
Published on May 16, 2022 05:38 AM IST
Before the beginning of Moscow's operation in Ukraine, Egypt had been importing 42 per cent of its grains from Russia and Ukraine, Madbouly said, adding that 31 per cent of all tourists visiting the country were also from these two countries.
Published on May 15, 2022 11:41 PM IST
ANI | , Cairo
Crypto assets have been swept up in broad selling of risky investments on worries about high inflation and rising interest rates, but have started showing signs of settling.
Published on May 14, 2022 07:06 AM IST
Elon Musk triggered a spell of uncertainty with his announcment that the $ 44 billion deal would be on hold for now.
Published on May 14, 2022 05:59 AM IST
Taking together goods and services, India’s overall exports in April are estimated at around $67.79 billion, a growth of 38.9% over the same period last year
Updated on May 14, 2022 01:00 AM IST
The government is pushing Tesla to commit to manufacturing locally before it will lower tariffs, which can run as high as 100% on imported vehicles.
Published on May 13, 2022 04:54 PM IST
Tesla CEO Elon Musk said in a statement announcing his deal to buy Twitter last month that he wants to defeat spam bots, authenticate all humans and make its algorithms open source.
Published on May 13, 2022 04:00 PM IST
This left a trade deficit of over $20 billion mainly because of surging international oil prices due to the Ukraine war
Published on May 13, 2022 03:48 PM IST
Among the Sensex firms, State Bank of India, ICICI Bank, NTPC, Bharti Airtel, Bajaj Finserv, Axis Bank and Maruti were the biggest laggards.
Published on May 13, 2022 03:40 PM IST