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Investors who applied for the Juniper Green Energy IPO are expected to receive their allotment status today, August 4, as the company is likely to finalize the share allocation for its Rs 1,800 crore public issue. Once the allotment is completed, applicants can check whether they have received shares through the IPO registrar KFin Technologies…
More than 1.18 lakh Central government employees, retirees and eligible family members have opted for the Unified Pension Scheme (UPS) since it came into force, with the government saying there is currently no proposal to review or replace the pension framework. In a written reply in the Lok Sabha on Monday, Finance Minister Nirmala Sitharaman…
The HDFC Bank has recently launched two new savings accounts. These two accounts come with unique variants for senior citizens and women, ‘Max for Seniors’ and ‘Max for Her’, under the bank’s Savings Max account portfolio. These HDFC accounts are designed to cater to the specific banking requirements of senior citizens and women by focusing…
Oil prices edged higher on Tuesday after suffering steep losses in the previous session, as concerns over Middle East supply risks resurfaced amid fading hopes of a diplomatic breakthrough in the U.S.-Iran conflict that has disrupted shipments. Crude oil price on August 4 Front month Brent crude futures gained $0.71, or 0.8%, to $84.50 a…
Gold held steady on Tuesday as investors monitored conflicting signals on possible U.S.-Iran talks and looked ahead to a slew of U.S. jobs reports for clues on the Federal Reserve’s interest-rate path. FUNDAMENTALS Spot gold was steady at $4,055.39 per ounce, as of 0042 GMT. U.S. gold futures rose 0.6% to $4,055.10. U.S. President Donald…
India’s valuations today are lower compared to what they were two years ago, but earnings have disappointed, limiting the scope for a re-rating, said Paul Wilson, chief investment officer at South Africa’s Sanlam Multi Manager International, which manages a total AUM of around $33 billion. In an interview, Wilson shares his outlook for the rupee,…
Amazon.com surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone. The e-commerce and cloud-computing company’s shares rose as much as 5.3% as of 9.35 am on Monday, adding to the raucous rally last week following second-quarter earnings that showed accelerating cloud-computing revenue. Amazon joins…
Mumbai: Market participants are closely watching foreign portfolio investor (FPI) activity in fully accessible route (FAR) securities as some investors, who had bought into them in anticipation of their inclusion in the Bloomberg global bond gauge, are expected to lighten positions accumulated over the past two months. Inflows into Indian debt have already tapered over…
Asian shares climbed, following a Wall Street rally driven by gains in technology stocks. The yen steadied after its intervention-led gains. MSCI’s gauge for Asian shares gained, with South Korea’s Kospi index rising almost 2%. The S&P 500 Index climbed 1.5%, finishing within striking distance of a record. Equity-index futures for the Nasdaq 100 Index…
Mumbai: Indian promoters demonstrated enhanced commitment to the businesses they run as net stock buyers in the June quarter, driving ownership in NSE-listed companies to a two-year high, even as the collective holdings of foreign institutional investors (FII) slipped to the lowest in 14 years amid soaring oil prices. Promoters bought shares worth ₹36,336 crore…