Jyoti CNC Automation is set to launch its Initial Public Offering (IPO), a book-built issue amounting to Rs 1,000.00 crores. The IPO comprises an entirely fresh issue of 3.02 crore shares. The subscription window for the Jyoti CNC Automation IPO opens on January 9, 2024, and closes on January 11, 2024. The allotment process for […]
Swiggy, the renowned food delivery company, is gearing up for its impending Initial Public Offering (IPO), and recent developments indicate a positive trajectory for the company. Invesco, a major player in investment, has notably increased its valuation for Swiggy not once but twice in a row, bringing encouraging news ahead of its IPO debut. As […]
State-owned entities such as Power Finance Corporation (PFC), IRFC, and seven other companies are set to transition from their previous “midcap” designation to the elevated status of “largecap,” as per data disclosed by the Association of Mutual Funds in India (AMFI).
In a significant development, Tata Coffee Limited (TCL), Tata Consumer Products Limited (TCPL), and its wholly-owned subsidiary, TCPL Beverages & Foods Limited (TBFL), are poised to merge on January 1, 2024. The strategic plan involves the amalgamation of Tata Consumer Products with TCPL Beverages & Foods and the subsequent demerger of Tata Coffee’s plantation business […]
A rally in auto sector shares also helped Tata Motors move ahead. The Nifty Auto stock rose 1.69 percent to 18,719.50 during the day. According to the report, India is planning to convert 8 lakh diesel buses to electric ones in the next 7 years to reduce emissions.
