In a notice, the Department of Investment and Public Asset Management (DIPAM) said a part of the shareholding will be offered through OFS and the balance, including any leftover portion in the OFS, will be offered to strategic partner Panatone Finvest Limited.
Manish Hathiramani, proprietary index trader and technical analyst, Deen Dayal Investments said, “If we manage to get past this level, we should be headed to 14,800-14,900. The index has made a strong base at the 14,200 levels, which acted as good support."
Shares of Goldman Sachs Group Inc added 1.6% as its fourth-quarter profit more than doubled, dwarfing estimates after another blowout performance at its trading and underwriting business.
A joint inspection was conducted by Sebi, BSE, NSE and Central Depository Services India Ltd (CSDL) into the broking and depository participant operations of Asit C Mehta Investment Intermediaries from April 2017 to September 2018.
As part of the ongoing multi-decadal growth super-cycle, India is expected to add a trillion dollar to nominal GDP every few years, Ritu Arora, CEO and chief investment officer (CIO) Asia at Allianz Investment Managers, said.
Maruti has finally decided to raise vehicle prices by up to Rs 34,000 effective from January 18 after lagging behind the curve to pass on the higher costs to customers due to the implementation of new emission norms in April 2020.
There has been a 25% surge in IndiaMART InterMESH stock price in last one month and the company has been a star performer in the market. Dinesh Agarwal, Founder & CEO, IndiaMART InterMESH in conversation with ETNOW.
