Author name: Lisl News Desk

News Desk

ECB Cuts Interest Rates by 25 Basis Points as Growth Weakens, Future Moves Uncertain

ECB Cuts Interest Rates by 25 Basis Points as Growth Weakens, Future Moves Uncertain

/ Indian Market /

The European Central Bank (ECB) reduced interest rates by 25 basis points to 3.50% on Thursday, responding to ongoing economic challenges and a slowing inflation rate. This cut follows a similar reduction made in June, as the ECB seeks to bring inflation closer to its 2% target amid near-recession conditions in the eurozone. Despite the […]

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Sensex Hits Record High, BSE Market Capitalisation Surges by Rs 6.5 Lakh Crore

Sensex Hits Record High, BSE Market Capitalisation Surges by Rs 6.5 Lakh Crore

/ Indian Market /

On September 12, a strong rally on Dalal Street pushed the BSE’s market capitalisation up by over Rs 6.5 lakh crore, as both benchmark indices surged to new record highs. The Sensex crossed the 83,000 mark for the first time ever, closing at 82,962, a rise of 1.77% or 1,440 points. The total market capitalization

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Arkade Developers IPO

Review of Arkade Developers Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News /

Arkade Developers IPO Price: ₹121 to ₹128 per shareIPO Dates: 16 September 2024 – 19 September 2024 Company Overview Arkade Developers Limited is a prominent real estate development company focused on high-end residential projects in Mumbai, Maharashtra. Established on May 13, 1986, Arkade has grown into one of the leading real estate firms in the

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Northern Arc Capital IPO

Review of Northern Arc Capital Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News /

Northern Arc Capital IPO Price: ₹249 to ₹263. per shareIPO Dates: 16 September 2024 – 19 September 2024 Company Overview Founded in 2009, Northern Arc Capital Limited (NACL) is a diversified financial services platform that focuses on catering to the diverse retail credit requirements of underserved households and businesses in India. Over the past 15

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Adani Ports Stock in Focus After Signing Concession Agreement for Multipurpose Terminal at Deendayal Port

Adani Ports Stock in Focus After Signing Concession Agreement for Multipurpose Terminal at Deendayal Port

/ Indian Market /

Adani Ports’ shares are in the spotlight after the company signed a concession agreement with the state-owned Deendayal Port Authority to develop and operate a 5.7 million tonne (mt) capacity multipurpose terminal at the Deendayal Port in Kandla, Gujarat. The terminal will handle clean cargo, including containers, under a 30-year contract won by Adani Ports

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SpiceJet Shares Under Pressure as Delhi HC Upholds Grounding of Three Engines

SpiceJet Shares Under Pressure as Delhi HC Upholds Grounding of 3Engines

/ Indian Market /

SpiceJet’s shares are expected to face continued downward pressure for the second consecutive day on September 12, following the Delhi High Court’s decision to uphold an earlier order grounding three leased aircraft engines. The legal dispute involves unpaid dues to two French lessors, Team France 01 SAS and Sunbird France 02 SAS, amounting to over

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Western Carriers (India) IPO

Review of Western Carriers (India) Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News /

Western Carriers (India) IPO Price: ₹163 to ₹172 per shareIPO Dates: 13 September 2024 – 18 September 2024 Company Overview Incorporated in March 2011, Western Carriers (India) Limited is a leading multi-modal, rail-focused, 4PL asset-light logistics company based in India. The company specializes in providing fully customizable, multi-modal logistics solutions encompassing road, rail, water, and

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Bajaj Housing Finance IPO Concludes with Over ₹3 Lakh Crore in Subscriptions, Booked 63.54x

Bajaj Housing Finance IPO Concludes with Over ₹3 Lakh Crore in Subscriptions, Booked 63.54x

/ Indian Market /

The Bajaj Housing Finance IPO concluded today, achieving a subscription rate of 63.54x as strong demand surged from both institutional and wealthy non-institutional investors. The total bid amount exceeded ₹3 lakh crore, making it one of India’s most subscribed IPOs, following historic listings like Coal India (2008) and Mundra Port (2007), which had topped ₹2

Bajaj Housing Finance IPO Concludes with Over ₹3 Lakh Crore in Subscriptions, Booked 63.54x Read More »

L&T Joins Semiconductor Bandwagon, Plans $300-Million Investment to Become Fabless Chipmaker

L&T Joins Semiconductor Bandwagon, Plans $300-Million Investment to Become Fabless Chipmaker

/ Indian Market /

Larsen & Toubro (L&T) Ltd. is set to invest over $300 million to establish a fabless chip company, marking its entry into India’s burgeoning semiconductor sector. The company plans to channel the funds over three years to develop 15 chip designs by the end of 2024, with a target to start sales by 2027, according

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Arvind Fashions Sees Large Trade: 3.3% Equity Worth Over Rs 250 Crore Changes Hands at Rs 575 Per Share

Arvind Fashions Sees Large Trade: 3.3% Equity Worth Over Rs 250 Crore Changes Hands at Rs 575 Per Share

/ Indian Market /

Shares of Arvind Fashions surged nearly 5 percent during the pre-market session on Wednesday, September 11, after a significant transaction worth over Rs 250 crore took place on the stock exchanges. A total of 43.5 lakh shares, equivalent to 3.3 percent equity, changed hands at Rs 575 per share in the block deal window. The

Arvind Fashions Sees Large Trade: 3.3% Equity Worth Over Rs 250 Crore Changes Hands at Rs 575 Per Share Read More »

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