A 31-year-old employee of a public sector undertaking (PSU) has gone viral on Reddit after saying she is considering resigning from her government job despite having built a corpus of ₹80 lakh. In a post titled, “31F govt job, 80L corpus – want to quit for peace. Reckless or realistic?”, she explained that years of…
The shares of Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power crashed up to 8% on Monday after the respective Q1 updates from the recently listed companies failed to impress Dalal Street bulls. Vedanta Aluminium Metal shares, however, gained over 1% on Monday morning. The four companies that were spun out of…
Mumbai: Nifty 50 companies are expected to report year-on-year double digit revenue growth for the June 2026 quarter for the second consecutive quarter after a series of single digit growth in the prior six quarters. However, net profit growth is likely to remain in single digit for the third quarter in a row amid compressed…
SBI Funds Management, India’s largest asset management company, will open its Rs 9,813 crore IPO for subscription on Tuesday. The issue will close on July 16. The company has fixed a price band of Rs 545-574 per share. Investors can bid for a minimum of 26 shares and in multiples thereafter. At the upper end…
The S&P 500 ended lower on Tuesday, weighed down by losses in Micron Technology and other chipmakers due to mounting doubts about the sustainability of Wall Street’s AI-driven rally. Chip stocks in Asia and the United States dropped after memory chip giant Samsung Electronics’ blowout earnings report failed to satisfy investors with sky-high expectations. Micron…
The IC Electricals IPO is set to debut on the NSE SME platform on July 10, with strong demand in both the primary market and the grey market fueling optimism for a healthy listing. The IPO is currently commanding a Grey Market Premium (GMP) of Rs 44, indicating an estimated listing price of around Rs…
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